Howard County Texas Mineral Rights for Sale

Starting Bid: $90,000

• State : Texas
• County : howard
• Legal Location : Section 41, Block 32, T1N
• Net Acres : 10.15
• Active Lease : Yes
• Royalty Rate : 12.5%
• Producing : yes
• Average Income : $291/Month

Comments:

Update 6/16/25:

Sold

____________________

Update 5/28/25:

Pending under contract

____________________

Update 5/23/25:

Best and final offers due by noon Wednesday 5/28

____________________

Here is a great opportunity to purchase mineral rights in Howard County.

We believe our client owns 10.15 NRA in a very active area of Howard County.  These mineral rights are located in the Zissou 32-41 A Unit. This is a 661 acre unit with one horizontal well.  Therefore this opportunity presents excellent future upside. There is a rig next door and multiple permits to the west and north of this acreage.

The royalty income from these mineral rights on average is $291/Month.  This horizontal well is 7.5 years old, so should produce royalty income for many years to come.

Additional notes:

**Past Due Taxes –   The seller is aware that there are past due taxes related to these mineral rights.  These taxes are related to 2024 so they are not very behind.  The amount owed is around $73.26.  At closing, the buyer will pay off the taxes out of the amount due to the seller.   We have attached the past due amount in the attached images.

For this listing, we are requiring the following:

1. 1. Special Warranty Deed
   2. 30 Day Close
   3. Any adjustment to the purchase price greater than 10% must be mutually agreeable. 
   4. Buyer to pay off past due taxes out of seller proceeds at closing
   5. Our closing process included in the PSA, which is:   At closing, buyer will provide the mineral deed.  The seller will execute the mineral deed and return it to Texas Royalty Brokers.  Texas Royalty Brokers will provide buyer with a scanned copy of the deed, and buyer will then wire funds to seller and Texas Royalty Brokers respectively.  Once funds are confirmed, Texas Royalty Brokers will overnight the deed to the Buyer.   
   6. Buyer must close within 14 days or sign our qualified buyer agreement.

To view/download the listing files, please visit the link below:

Download Files

We will begin accepting offers on Tuesday, May 20th.

All buyers are required to either do a 14 day close or sign our qualified buyer agreement once a deal has been verbally agreed upon.  In certain situations, we may require a $25,000 earnest deposit at the sole discretion of Texas Royalty Brokers.

The mineral owner has exclusively listed with Texas Royalty Brokers.  Please do not contact the mineral owner directly.  To make a bid or ask questions about this listing, please contact Texas Royalty Brokers using the contact form below.  Our team will quickly be in touch.

We have other mineral rights for sale.