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Client Reviews
San Augustine, TX
I am so grateful for the guidance during the process of selling my mineral rights. This was a huge decision! Eric and his team are top notch professionals, answering any and all concerns/questions along the way. I would definitely recommend Texas Royalty Brokers!
Anderson, TX
I went into the listing and sale of mineral rights knowing nothing! TRB made the process easy. They explained every step of the process with frequent updates and were patient and prompt in answering any questions. I could not have navigated this process without them. I am truly grateful for their help and highly recommend TRB for anyone looking to sell their mineral rights.
Harrison, TX
I dealt with Emily and she did a wonderful job. She did research for me into the value of mineral rights and gave me the option to sell through them or to wait. I choose to hold on to my mineral rights for the time being but had a great experience working with her. I would definitely recommend to anyone needing help with their oil and gas mineral rights to give her a call.
Anderson, TX
They have great communication throughout the whole process. They are thorough in answering questions and are quick to respond. I am very satisfied with the service I received and will use them again.
Loving, TX
My sister and I had inherited some mineral rights from our mother’s estate, and we didn’t know where to begin. Emily and Eric both answered every question, gave us all the guidance we needed and we walked away with an offer/sale that was well above any that had been offered before. I would highly recommend Texas Royalty Brokers!
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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.
