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Lea, NM
Emily and Eric really did a good job guiding us through the process to sell our mineral rights.
They found a buyer quickly, and even though our records were old and scattered, taking longer than usual to document things, they patiently worked with us to complete the sale. They are the best. Ken Flake.
Robertson, TX
Texas Royalty Brokers helped me and my family navigate some tricky inherited minerals. I had great peace of mind using them versus dealing directly with a buyer. Very satisfied experience.
Houston, TX
Texas Royalty Brokers was very helpful to me in evaluating the mineral rights owned by the estate of an old man for whom I am the executor, even though they probably knew very quickly I would not end up as a client.
Stephens, TX
I had the pleasure of working with Texas Royalty Brokers LLC this past month. From the beginning to the very end and everything in between, they were very communicative, responsive and helpful. They explained every part of the process and helped when I needed something. They made the whole process simple and easy. By using Texas Royalty Brokers LLC, I was able to get 2 times the amount I was offered by others or on my own.
Harrison, TX
Eric and Emily are very good at taking care of clients. I found them after researching companies to help me with selling. The reviews I found convinced me to give them an opportunity and I am thankful.
Emily was true to her word from the beginning to the completion. I am so pleased with her that if I choose to sell other property, I will definitely contact her and trust her judgement in my accounts.
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Listing Title
Sell Mineral Rights in Howard County Texas
Listing ID
401102
Listing Status
sold
This listing has been SOLD. Please visit our listings page and set the status filter to “Active” to see currently active listings. If you want to buy mineral rights in Texas, sign up for listing notifications to receive emails when new listings are posted.
- Listing Posted - complete
- Listing Evaluation - complete
- Accepting Offers - complete
- Client Review - complete
- Best and Final - complete
- Under Contract - complete
Please take a moment to learn more about each listing phase.
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Listing Files
This listing has been sold. To protect our client’s privacy, the listing files are no longer available for download.
Listing Details
Starting Bid: $1,900,000
- State : Texas
- County : howard
- Legal Location : Block 31, A-89 and A-1020, Sections 18 and 19
- Net Acres : 148.8
- Active Lease : Yes
- Royalty Rate : 18.75%
- Producing : yes
- Average Income : $125/Month
Comments:
Buying mineral rights in Howard County? Big upside in this 148.8 net mineral acre property. These mineral rights are generating a nominal amount of royalty income. However, there are 6 active permits on this acreage and we expect a new horizontal drilling to occur in the near future. This is your chance to buy prime Howard County Texas mineral rights before flush production hits.
The owners are currently receiving an average of $125/month in royalty income. As the new wells are drilled, the royalty income is expected to increase substantially. The lease royalty rate is 18.75%. The lease agreements and latest check stubs are available for download in the attached files.
The sellers are interested in selling 100% of their ownership in these mineral rights to diversify outside of oil and gas in Texas. All offers should be based on 148.8 net mineral acres leased at 18.75%. Mineral buyer will be responsible for running title to prove out the ownership.
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.
Exclusitivity Notice
All listings posted at Texas Royalty Brokers are exclusive. The seller has agreed to exclusively sell through our company and will become personally liable if you close a deal directly with the seller. Please direct all offers and communication directly to Texas Royalty Brokers.
