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Client Reviews

Martin, TX

Rated 5 out of 5
March 15, 2023

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!

Craig M.

Webb, TX

Rated 5 out of 5
February 27, 2023

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.

Jamie A.

Howard, TX

Rated 5 out of 5
January 3, 2023

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!

Bridget Z.

Tarrant, TX

Rated 5 out of 5
December 15, 2022

A great and straightforward experience. They answered all questions and made the process quick and easy. I highly recommend their services.

Robert S.

Howard, TX

Rated 5 out of 5
December 2, 2022

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.

Christopher W.

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Listing Notifications

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Listing Title

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.

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