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Client Reviews
Shelby, TX
I found the team at Texas Royalty Brokers to be honest, competent, and focused on my needs. I plan on using them again and would not hesitate to recommend them.
Atascosa, TX
Around a year ago I received a brochure from Texas Royalty Brokers. I held on to it till this year. In speaking with the team at Texas Royalty Brokers it was clear to me to use their expertise. They were extremely knowledgeable and helpful in guiding me through this extensive process. I could completely recommend them to anyone interested in selling their minerals.
Karnes, TX
Emily and Eric did a wonderful job of marketing and selling my minerals. They were very helpful during the whole transaction. I couldn’t have asked for a better deal!
Karnes, Tx
We had an amazing experience with Emily and Eric. They were professional and knowledgeable in handling our deal and exceeded our expectations. We even experienced an issue on our end that they helped walk us through and resolve quickly! I would definitely use them again!
La Salle, TX
They were so Great… always up front, they did all the work and we got a very fair price… Didn’t have to bother with all the calls of other brokers with bait and switch offers. TRB are the Only way to sell your royalties and get a fair price.
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Listing Notifications
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Listing Title
Buy mineral rights in Karnes County
Listing ID
401174
Listing Status
sold
- 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
Please click the download button below to view the listing files. Listing files include maps, check stubs, and other documentation.
Listing Details
Starting Bid: $75,000
- State : Texas
- County : karnes
- Legal Location : Carlos Martinez Survey A-6
- Net Acres : 12.57
- Active Lease : Yes
- Royalty Rate : 20%
- Producing : yes
- Average Income : $1,100/Month
Comments:
Update: 3/18/2024 – Sold
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Update: 2/21/2024 – Sale Pending
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These mineral rights in Karnes County are in a great location and are leased at 20% royalty rate.
We believe the seller has 12.57 net royalty acres. There are currently 5 active wells on the property, with consistent production. The seller receives an average of $1,100 a month in royalties.
There are 3 wells on the property that could have refrac potential in the future with new production. 2 of the older wells are currently inactive and 1 older well is currently active.
All bids should be based upon cash flow value, no adjustments will be allowed unless the net decimal interest is lower than what the seller is in pay on. If less NDI is proven in title, only the NDI proven in title would convey. Any adjustment over 10% must be mutually agreeable.
To view/download the listing files, please visit the link below:
We will begin accepting offers on Wednesday, February 7th.
All buyers are required to either do a 14 day close, make a $5,000 deposit, or sign our qualified buyer agreement once a deal has been verbally agreed upon.
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.
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.
Accepting Offers on 2/7/2024