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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…
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.
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Listing Title
Mineral rights for sale in Karnes County
Listing ID
401199
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: $100,000
- State : Texas
- County : karnes
- Legal Location : Multiple locations
- Net Acres : 12.31
- Active Lease : Yes
- Royalty Rate : 12.5%
- Producing : yes
- Average Income : $1,748/Month
Comments:
Update 9/10/24:
Sold
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Update 8/15/24:
Pending under contract
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Update 8/7/24:
July check stubs have been added to the listing and the listing has been updated accordingly.
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Here is a great opportunity to purchase mineral rights in Karnes County.
Our client is selling 50% of his ownership in 4 units in Karnes County. The royalty income for 50% of our client’s ownership is an average of $1,748 per month.
KC Unit:
We believe our client owns 24.62 NRA in this unit with 320 acre spacing, of which he is selling half or 12.31 NRA. There are 7 active wells on this acreage.
Karnes City NE, Karnes City NW and Carter-Holm-Yanta Units:
These are allocation units and we are unsure of the NRA our client owns in these units. The 50% of the average royalty income in these units is $700 per month.
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 must be mutually agreeable.
To view/download the listing files, please visit the link below:
We will begin accepting offers on Wednesday July 18th.
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 7/18/2024