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Client Reviews
Glasscock, TX
I enjoyed working with Emily and Eric. They did exactly what they said they would do. They were very professional and communicated well. I would recommend them to anyone looking to sell their mineral rights.
Ward, TX
Eric and Emily were a pleasure to work with. I was able to quickly sell my resources for top dollar!
Lea, NM
Wonderful experience! Highly recommend the Texas Royalty Brokers
Hemphill, TX
Emily and Eric are fantastic and very helpful. I know nothing about royalties, etc. They made it so easy, quick and painless. 5 out of 5 stars for sure!!!!
Lavaca, TX
Texas Royalty Brokers assisted me in a sale; they were straightforward and clear on the process; answered every question I had along the way….I would recommend them…
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Listing Title
Karnes County Texas - 401103
Listing ID
401103
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.
Listing Maps
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: $145,000
- State : Texas
- County : karnes
- Legal Location : J O'Neal Survey, A-225
- Net Acres : 23.8
- Active Lease : Yes
- Royalty Rate : 20%
- Producing : yes
- Average Income : $1,750/Month
Comments:
The seller of these mineral rights has a solid royalty income in Karnes County Texas. These mineral rights for sale in Karnes County Texas are nearly fulled drilled up. However, these wells have been producing for over 7 years now and are well past flush production. These wells should be consistent producers for years to come and we expect the income to stay north of $1,750/month for a long period of time.
The sellers are interested in selling all 23.8 net mineral acres for $145,000 or better. The seller is considering the possibility of doing a 1031 exchange for mineral rights and will set that up prior to a sale. All bids should be based upon the cash flow value being generated by the royalty income. No adjustments will be allowed unless the operator is paying the wrong NDI.
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.
