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Client Reviews
Martin, TX
Working with Eric to help our family sell our oil rights was such a great experience and definitely the right decision for our family. From our first consultation over the phone, Eric laid out a road map of the process that was accurate, but also gave us the ability to make our own decisions along the way.
After negotiating with many potential buyers on our own, we were not able to get the price we were looking for to sell. However, once we hired Eric and his team to market our rights to all potential buyers in the market, we were able to sell at a much higher price and increase our take home net by over $100,000. I would definitely recommend Eric and Texas Royalty Brokers if you are concerned about under selling the value of your oil rights. His processes were clear, his service was outstanding, and his value to the transaction was worth his commissions!
Thank you for guiding us through the process Eric. We greatly appreciate you and your hard work!
Webb, TX
Amazing experience! Eric is a pro! We got a full price offer and closed within 2 weeks of listing. I will only work with Eric Winegar and Texas Royalty Brokers in the future.
Howard, TX
The team at Texas Royalty Brokers were so easy to work with. They made what sounds like a very confusing process, clear and straightforward. They were incredibly responsive and kind people to work with. I definitely recommend their services!
Tarrant, TX
A great and straightforward experience. They answered all questions and made the process quick and easy. I highly recommend their services.
Howard, TX
I engaged Texas Royalty Brokers to market my mineral interest after I received an unsolicited offer. They got me almost 2x the original offer, and they were professional and transparent through the entire process. Definitely plan to use them again.
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Listing Title
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
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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.