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Client Reviews
Reeves, TX
I had the pleasure of doing business with Texas Royalty Brokers and I was very satisfied with the results! Emily was straightforward, quick to respond, and honest the whole way through. I highly recommend Emily, Eric and the team at Texas Royalty Brokers.
Karnes, TX
Emily and Eric were great! Very fast process! I had lots of questions and they were very responsive and gave lots of updates.
Upton, TX
Texas Royalty Brokers has to be one of the most efficient mineral brokers in the nation. Within a week of my listing I received a 30% increase against my highest offer trying to sell it on my own. A very concise, smooth experience from start to finish.
Montrail, ND
I had a issue with my mineral rights and Eric was the ONLY broker to give me a fast and straight-forward response that actually helped … and I reached out to quite a few. I will definitely work with Texas Royalty Brokers again and recommend them to anyone with mineral rights.
Crockett, TX
I worked with Emily, who was extremely knowledgeable about all aspects of the sale, from current and prospective activity on the property to evaluating the market. The sale was swift and went above the posted price. I was ambivalent about selling my mineral rights, but the experience was very good and reassured me I’d made the right choice.
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Listing Title
Karnes County Texas - 401103
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
Please take a moment to learn more about each listing phase.
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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.
