Buy mineral rights in Karnes County, Texas

Starting Bid: $48,975

• State : Texas
• County : karnes
• Legal Location : Multiple locations
• Net Acres : 6.53
• Active Lease : Yes
• Royalty Rate : 12.5%
• Producing : yes
• Average Income : $55/Month

Comments:

Update 10/2/26:

This listing is pending under contract

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Karnes County, Texas – 6.53 Estimated NRA

Offering an estimated 6.53 net royalty acres in a highly active area of Karnes County, Texas, with ownership spread across three producing units and additional participation in several allocation wells.

The majority of the ownership is concentrated in the 750 acre Wagener Unit, where we believe our client owns approximately 6.43 NRA. The unit currently contains two horizontal wells approximately 15 years old, providing existing production with significant potential for future development.

Immediately adjacent are the 601 acre Ike Unit and 655 acre Doc Unit, where our client owns less than one NRA in each. Although the acreage positions are small, the ownership is currently in pay on several allocation wells running through the area, including the Huckleberry A, B, C & D, Sawyer A & B, and Concepcion A wells.

Current royalty income is modest at approximately $55/month, but we believe the real opportunity lies in the future development potential. The acreage is situated in a very active area, with an active rig immediately adjacent to the Ike and Doc Units, with wells currently in DUC status. Based on our review, we do not believe the ownership will participate in those currently adjacent DUCs once completed; however, buyers should independently determine potential participation through their own due diligence.

Offered at just $7,500/NRA, this is an excellent opportunity to acquire producing Karnes County minerals with multiple producing wells and meaningful exposure to future development in an active area.

Notes:

* We believe our client owes about $43.27 in past due property taxes in Karnes County.  The buyer will pay off the past due taxes at closing from our client’s net proceeds.

*Please note that our bidding process will be followed on this listing. Our bidding process is designed to create a fair and transparent process for all buyers.  We do not give preference to any particular buyer.    There is no take it down price on this listing or any other listing we post.  No buyers will be given a last look or the ability to call at the last minute and outbid the best offers we have received.

We respectfully ask that you take just a few moments to review our bidding process:
Texas Royalty Brokers – Bidding Process

For this listing, we are requiring the following:

1. 1. Special Warranty Deed
   2. 30 Day Close
   3. Any adjustment to the purchase price greater than 10% must be mutually agreeable.
   4. Our closing process included in the PSA, which is:   At closing, buyer will provide the mineral deed.  The seller will execute the mineral deed and return it to Texas Royalty Brokers.  Texas Royalty Brokers will provide buyer with a scanned copy of the deed, and buyer will then wire funds to seller and Texas Royalty Brokers respectively.  Once funds are confirmed, Texas Royalty Brokers will overnight the deed to the Buyer.   
   5. Buyer must close within 14 days or sign our qualified buyer agreement.

To view/download the listing files, please visit the link below:

Download Listing Files

We will begin accepting offers on Tuesday, September 29th. 

All buyers are required to either do a 14 day close or sign our qualified buyer agreement once a deal has been verbally agreed upon.  In certain situations, we may require a $25,000 earnest deposit at the sole discretion of Texas Royalty Brokers.

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.