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Client Reviews

Reagan, TX

Rated 5 out of 5
May 11, 2023

Eric and his company did a fantastic job throughout my entire selling process. They are very knowledgeable, gracious, and efficient. Eric personally went above and beyond in communication to me and my family and I would recommend him and his company to anyone. I’m incredibly satisfied.

Sean G.

Dimmit, TX

Rated 5 out of 5
May 10, 2023

Worth every penny! I can’t say enough about what a pleasant experience this was, thanks to Eric Winegar. Being completely unfamiliar with how to go about selling our family’s mineral interests, I had no idea where to begin. Then I received a brochure in the mail from Texas Royalty Brokers. It answered many of my questions (as well as some I didn’t know I should have), so I checked out their website. I found a wealth of information there as well, so I filled out their online inquiry form. I quickly heard from Eric, provided a few royalty check stubs, and from there he literally took care of everything else.

Eric explained every step of the process along the way and answered all my rookie questions with the utmost professionalism. His experience and expertise in this industry is invaluable and I could not have imagined an easier process.

Lisa S.

Panola, TX

Rated 5 out of 5
May 4, 2023

Eric Winegar was incredible. He took time to pull together data and explained in great detail the specifics of our mineral interests. We had an offer that could have potentially been a horrible mistake and Eric saved the day! We are so grateful for the time he took to put everything together and explain it to where we could understand it. He is so knowledgeable!

Christi Potts

Panola, TX

Rated 5 out of 5
May 2, 2023

Eric is First class, educational and honest. We had been offered a substantial amount for one of our mineral rights by mail. I was uncomfortable because the amount didn’t add up for me and I reached out to Texas Royalty Brokers for a second opinion. Eric took the time to explain the process, what he thought he might be able to do given the information he had at the time (which was no more than the offer letter I had been provided). I decided to give Eric a shot at the second opinion and sent in all the information required. Eric reviewed the information, did a substantial amount of research and scheduled a conference call.

Eric took the time to explain , with supporting maps and documentation, why selling was a bad idea for us. I learned more in a 30 minute conversation with Eric than I had in the three years since we inherited the royalties. Long story short, he saved us from making a several hundred thousand dollar mistake. He didn’t have to take the time educate us but he did. I highly recommend Eric and his team and will definitely use Eric if the time ever becomes right to sell.

Rick R.

Karnes, TX

Rated 5 out of 5
April 19, 2023

Eric, it was a pleasure working with you! The outcome and timing was precisely as expected and communication was every bit on point. I thank you, my family thanks you! I will keep in touch. Respectfully,

The Trial’s

Theresa T.

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Listing Notifications

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Listing Title

La Salle County Texas Mineral Rights for Sale

Listing ID

401151

Listing Status

active

Accepting Offers on 4/20/2023
  • Listing Posted - complete
  • Listing Evaluation - complete
  • Accepting Offers - in progress
  • Client Review - tbd
  • Best and Final - tbd
  • Under Contract - tbd

Please take a moment to learn more about each listing phase.

We are currently in the listing evaluation phase for these mineral rights.  We will begin accepting offers on Thursday, April 20th.

Listing Files

Please click the download button below to view the listing files. Listing files include maps, check stubs, and other documentation.

Listing Details

Starting Bid: $320,000

  • State : Texas
  • County : la-salle
  • Legal Location : Various, please see the attached files.
  • Net Acres : 42.77
  • Active Lease : Yes
  • Royalty Rate : 12.5%
  • Producing : yes
  • Average Income : $4,826/Month
Comments:

Update:  5/1/2023

New 20% price reduction from $400K to $320K.    The seller is firm at $320K.  If they don’t receive an offer of $320K or better, they will hold onto the mineral rights and continue collecting royalty income.

________________________

This is an opportunity to purchase a nice diversified investment, with mineral rights found in multiple counties throughout Texas.   The ownership includes production from the following counties:

La Salle
Karnes
Loving
Reeves
Howard
Glasscock

Please see the attached revenue summary.  Over the last 5 months, these mineral rights have averaged $4,825/month.

We have attached an ownership estimate which shows the estimated number of acres owned.  We did not include anything from Karnes (EOG checks) as there are many tracts with fractions of an acre and it appears fully PDP.

This ownership is currently held in an LLC.  The seller is open to the idea of selling the LLC.  This means the buyer could potentially purchase the LLC and avoid needing to handle transferring the ownership, notifying operators, recording deeds, etc.. The seller would need to discuss this option prior to a sale, but the only assets in this LLC are the mineral rights so they are open to the idea.

Note:  The sellers completed some partial sales for varying %’s of their ownership in 4/2021.  This is why their ownership may not match up correctly to the check stub detail.  The check stubs determine the ownership, not the tax roll.

All bids should be based upon cash flow and the NDI’s represented on the check stubs.  All ownership seen on the check stubs provided would convey.  No adjustments would be allowed for any reason on this sale unless mutually agreeable.   The attached ownership estimate is just an estimate and the number of acres may not be used to determine the price.

The seller would like to start the bidding at $400,000.   If you are interested in submitting a bid at a lower price, please submit your bid for consideration.

To view/download the listing files, please visit the link below:

Download Files

We will begin accepting offers on Thursday, April 20th.

All buyers are required to either do a 14 day close, make a $5,000 deposit, or sign our qualified buyer agreement once a deal has been verbally agreed upon.

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.

We have other mineral rights for sale.

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.

Buyer Inquiry