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Stephens, TX
I had the pleasure of working with Texas Royalty Brokers LLC this past month. From the beginning to the very end and everything in between, they were very communicative, responsive and helpful. They explained every part of the process and helped when I needed something. They made the whole process simple and easy. By using Texas Royalty Brokers LLC, I was able to get 2 times the amount I was offered by others or on my own.
Harrison, TX
Eric and Emily are very good at taking care of clients. I found them after researching companies to help me with selling. The reviews I found convinced me to give them an opportunity and I am thankful.
Emily was true to her word from the beginning to the completion. I am so pleased with her that if I choose to sell other property, I will definitely contact her and trust her judgement in my accounts.
Leon, TX
I had no idea how straightforward and very simple it would be to sell mineral rights in Texas. Texas Royalty Brokers, represented by Eric Winegar provided guidance on the complete process. Confirming exactly how the TRB website described each step of the sales process. Eric and his staff followed up immediately on every question I presented. I had limited information about the value of the mineral rights prior to the final offer presented which exceeded my expectations. Working with TRB, I became educated about the process of selling mineral rights and convinced me I would never try to sell without having the representation offered by Texas Royalty Brokers.
Midland, TX
I had an excellent experience working with Eric Winegar at Texas Royalty Brokers. Eric was professional, knowledgeable, and responsive. He clearly explained every step and made the process easy and stress-free. His attention to detail and commitment to getting the best outcome for me exceeded my expectations. I highly recommend Eric and Texas Royalty Brokers to anyone needing trustworthy royalty services.
Leon, TX
Texas Royalty Brokers did Everything they said they would do. They communicated often, they always answered my questions quickly and I had a lot of questions.
Very professional company. They negotiated a very good price for my mineral rights.
I would recommend them highly.
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Listing Title
Buy mineral rights in Reeves County Texas
Listing ID
401230
Listing Status
sold
- 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: $76,000
- State : Texas
- County : lavaca
- Legal Location : A-459
- Net Acres : 32.93
- Active Lease : Yes
- Royalty Rate : 12.5%
- Producing : yes
- Average Income : $1,745/Month
Comments:
Update: 4/30/2025
Sold
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Update: 4/1/2025
Pending under contract
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Update: 3/31/2025
Best and final offers due 4:00 PM CST, Tuesday April 1st.
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If you have been looking to buy mineral rights with solid royalty income, this is your opportunity!
These mineral rights are located in Lavaca County Texas. We believe the seller is in pay on 68.86 NRA total and wishes to sell 50% of her ownership or 32.93 NRA.
In the attached wells table and check stubs, you can see the seller is in pay on around 22 wells offering excellent diversification. The wells vary from 2.3 years old to 10.6 years old meaning you will have royalty income for decades to come.
In addition to the current royalty income, there are also 2 DUC wells (Corellia) which directly pass over the Amber unit and Porter unit. While we don’t know exactly how much the sellers interest will be in these wells due to them being PSA/Allocation wells, it appears most of her ownership is in the area directly where these wells cross in the Amber and Porter units. This should provide some very nice upside as soon as those wells come online.
While there is upside here, all bids should be based upon the cash flow being generated since the value here is predominately in the cash flow.
Additional notes on this listing:
**It’s possible the seller may inherit additional mineral rights in this location in the future. The deed needs to be specific to what is currently owned today.
**No land / surface conveys with this ownership. While we believe some land has already been sold, it’s possible the seller stills retains surface ownership in other tracts and this would not convey with the sale.
**Past Due Taxes – The seller is aware that there are past due taxes related to these mineral rights. These taxes are related to 2024 so they are not very behind. The amount owed is around $1,100. At closing, the buyer will pay off the taxes out of the amount due to the seller. We have attached the past due amount in the attached images.
For this listing, we are requiring the following:
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- Special Warranty Deed
- 30 Day Close
- No adjustments to the purchase price unless mutually agreeable
- Buyer to pay off past due taxes out of seller proceeds at closing
- Our closing process included in the PSA, which is: At closing, buyer will provide the mineral deed. The seller will execute the mineral deed and return it to Texas Royalty Brokers. Texas Royalty Brokers will provide buyer with a scanned copy of the deed, and buyer will then wire funds to seller and Texas Royalty Brokers respectively. Once funds are confirmed, Texas Royalty Brokers will overnight the deed to the Buyer.
- Buyer must close within 14 days or sign our qualified buyer agreement.
To view/download the listing files, please visit the link below:
We will begin accepting offers on Thursday, March 27th.
All buyers are required to either do a 14 day close or sign our qualified buyer agreement once a deal has been verbally agreed upon. In certain situations, we may require a $25,000 earnest deposit at the sole discretion of Texas Royalty Brokers.
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.
Accepting Offers on 3/27/2025