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Client Reviews
Glasscock, TX
I enjoyed working with Emily and Eric. They did exactly what they said they would do. They were very professional and communicated well. I would recommend them to anyone looking to sell their mineral rights.
Ward, TX
Eric and Emily were a pleasure to work with. I was able to quickly sell my resources for top dollar!
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…
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Listing Title
La Salle County Texas Mineral rights
Listing ID
401109
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.
Listing Maps
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: $225,000
- State : Texas
- County : la-salle
- Legal Location : J Meyerhofer Survey, A-808, Section 319
- Net Acres : 56.25
- Active Lease : Yes
- Royalty Rate : 16%
- Producing : yes
- Average Income : $148/Month
Comments:
This is an opportunity to buy a nice amount of net mineral acres in La Salle County Texas. If you buy these La Salle county Texas mineral rights, you’ll have some nice upside potential from future drilling.
There is currently 1 active horizontal well drilled. The 640 acre spacing leaves room for 5 additional wells to be drilled in the future. There are no active permits at this time, but the operator does have rigs running nearby.
The seller would like to entertain offers of $225,000 or better for selling all 56.25 net mineral acres. All bids should be based upon 56.25 net mineral acres leased at 16%. Please note that the lease royalty rate is not confirmed at this time. The seller thinks it’s 16% but we are not sure what royalty rate is. The price may adjust at closing based upon the royalty rate.
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.
