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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
Buy Mineral Rights in Leon County Texas
Listing ID
401170
Listing Status
not available
- 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.
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: $490,000
- State : Texas
- County : leon
- Legal Location : A-1140 A-867 A-221 Additional legal locations which are non-leased / non-producing.
- Net Acres : 73.5
- Active Lease : Yes
- Royalty Rate : 20%
- Producing : no
- Average Income : N/A
Comments:
Update: 2/22/2024
The seller is moving forward with an offer in hand.
_________________
The owner of these mineral rights leased them in 2022 with a 5 year term. We do not see any option to extend within this lease agreement. The mineral rights were leased at a 20% royalty rate, giving them a total of 117.6 net royalty acres.
We believe the ownership breaks down as follows:
A-1140 – 40 net mineral acres
A-867 – 32.4999 net mineral acres
A-221 – 1 net mineral acre
All bids should be based on a total ownership of 73.5 NMA in the abstracts described above. The purchase price may be adjusted by up to 20% based on what title shows.
In addition to this ownership, the deed into the seller appears to show any ownership from Eva Mae Moore in the state of Texas goes to our seller. Upon researching the abstracts, we noticed multiple leases that Eva had signed in other abstracts. In the maps attached, we show the core property being sold in the blue circle. There is other ownership, which we assume is non-leased / non-producing, in some areas surrounding what is being sold. Once title is completed, you may make an offer on what is proven in title and additional acreage may be available for a mutually agreeable price.
To view/download the listing files, please visit the link below:
We will begin accepting offers on Wednesday, January 24th.
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.
Accepting Offers on 1/24/2024