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Upton , TX
My wife and I were very pleased with the guidance and knowledgeable advice that Emily and Eric provided to us regarding the sale of her mineral rights in Texas.
Nacogdoches, TX
Eric and his team were very knowledgeable and responsive to our needs and questions. The professionalism and integrity exceeded our expectations throughout the entire process. We highly recommend Texas Royalty Brokers!
Harrison, TX
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San Augustine, TX
I am so grateful for the guidance during the process of selling my mineral rights. This was a huge decision! Eric and his team are top notch professionals, answering any and all concerns/questions along the way. I would definitely recommend Texas Royalty Brokers!
Anderson, TX
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Listing Title
Buy Mineral Rights - Karnes County Texas
Listing ID
401181
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: $82,500
- State : Texas
- County : karnes
- Legal Location : Hernandez HRS A Survey, Abstract A-4
- Net Acres : 8.05
- Active Lease : Yes
- Royalty Rate : 12.5%
- Producing : yes
- Average Income : $119/Month
Comments:
Update: 4/12/2024
Sold
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Update: 4/5/2024
Under contract
_______________________
Update: 3/30/2024
Best and final bids due end of day, Tuesday April 2nd.
_______________________
Update 3/27/24
Initial bids due by Friday 3/29/24
_______________________
A great opportunity to buy mineral rights in Karnes County. We believe the owner has 16.10 net royalty acres in A-4 of the Hernandez, HRS A Survey, but intends to sell 50% of that ownership, or 8.05 net royalty acres.
This is leased and producing acreage providing an average of $238/month, or $119/month for the 50% we are conveying. This is a 346.66 acre unit with only one well. The owner believes there is spacing for an additional 8 wells in the future, creating excellent upside potential for a buyer.
Owner has multiple ownerships in the county, but is only interested in selling 50% of his ownership in the Tommy Moczygemba Unit, which is all we are conveying in this listing.
All bids should be based upon the attached estimated NRA. If less NRA is proven in title, only the NRA 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, March 27th.
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 3/27/2024