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Client Reviews

Gonzales, TX

June 7, 2024

Working with Texas Royalty Brokers was seamless. They are helpful, communicative, transparent, and efficient. I did a sale on my own and one with Texas Royalty Brokers and would recommend doing the process with them!

Crystal C.

McMullen, TX

June 3, 2024

Texas Royalty Brokers is an outstanding firm that went above and beyond my expectations.

Eric and Emily were able to negotiate the value of my minerals more than I expected to receive, as well as, expedite the process with ease.

I am thankful for all their hard work.

If you’re considering selling minerals in Texas, do yourself a favor and contact them.

Matthew P.

San Augustine, TX

May 31, 2024

I cannot say enough positive things about my experience with Texas Royalty Brokers! Eric was always responsive to my many questions and guided me expertly through what was a foreign process to me. I highly recommend Texas Royalty Brokers to anyone who is interested in selling mineral/royalty rights.

Jan P.

Hemphill, TX

May 29, 2024

Eric and Emily were awesome! Very professional, informative and kept me informed and up to date on proceedings. Had a great experience!

Diane M.

Reeves, TX

May 1, 2024

Texas royalty brokers did a fabulous job getting my property sold efficiently professionally and quickly. Eric and Emily were prompt with returning calls and emails and made the entire transaction seamless! I would certainly use them again.

Lindsay F.

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Listing Notifications

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Listing Title

Buy Mineral Rights in Leon County Texas

Listing ID

401170

Listing Status

not available

Accepting Offers on 1/24/2024
  • 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:

Download Files

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.

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