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Client Reviews

Shelby, TX

September 27, 2024

I found the team at Texas Royalty Brokers to be honest, competent, and focused on my needs. I plan on using them again and would not hesitate to recommend them.

John B.

Atascosa, TX

September 26, 2024

Around a year ago I received a brochure from Texas Royalty Brokers. I held on to it till this year. In speaking with the team at Texas Royalty Brokers it was clear to me to use their expertise. They were extremely knowledgeable and helpful in guiding me through this extensive process. I could completely recommend them to anyone interested in selling their minerals.

Susan N.

Karnes, TX

September 25, 2024

Emily and Eric did a wonderful job of marketing and selling my minerals. They were very helpful during the whole transaction. I couldn’t have asked for a better deal!

Diane S.

Karnes, Tx

September 18, 2024

We had an amazing experience with Emily and Eric. They were professional and knowledgeable in handling our deal and exceeded our expectations. We even experienced an issue on our end that they helped walk us through and resolve quickly! I would definitely use them again!

Sara P.

La Salle, TX

September 4, 2024

They were so Great… always up front, they did all the work and we got a very fair price… Didn’t have to bother with all the calls of other brokers with bait and switch offers. TRB are the Only way to sell your royalties and get a fair price.

Mark M.

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Listing Notifications

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Listing Title

La Salle County Texas - Mineral Rights For Sale

Listing ID

401200

Listing Status

sold

Accepting Offers on 7/23/2024
  • 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

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

Listing Details

Starting Bid: $142,500

  • State : Texas
  • County : la-salle
  • Legal Location : Sec 764, Abstract 832 and 1520
  • Net Acres : 42.58
  • Active Lease : Yes
  • Royalty Rate : 12.5%
  • Producing : yes
  • Average Income : $332/Month
Comments:

Update 8/15/2024:

Sold

_______________________

Update 7/26/2024:

Sale Pending

_______________________

Note:  We recently sold an identical ownership.  This is the brother’s ownership of the same acreage.  Title did check out with no issue on the first sale.

This is an exceptional opportunity to purchase in La Salle County with immediate upside.

We believe this owner has 42.58 NRA in La Salle County with 5 active horizontal wells and 2 DUCs. We have included the permit and plat maps for these 2 DUCs in the files below.

We believe there is some overlapping acreage within the units, so are only representing the acreage in the Broken Arrow LAS acreage, which we believe to be 42.58 NRA.

The owner receives an average of $332/Month in royalty income which will increase quickly as the DUC wells come online, creating excellent upside for a buyer.

All bids should be based upon the attached estimated NRA.  If less NRA is proven in title, only the NRA proven in title would convey. Any adjustment over 10%, on a tract by tract basis, must be mutually agreeable.

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

Download Files

We will begin accepting offers on Tuesday, July 23rd.

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.

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