Leon County Texas Mineral Rights for Sale

Starting Bid: $425,166

• State : Texas
• County : leon
• Legal Location : A-688
• Net Acres : 202.46
• Active Lease : No
• Royalty Rate : N/A
• Producing : no
• Average Income : N/A

Comments:

Update: 7/15/2026

Sold

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Update:  5/21/2026

Under Contract

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Leon County, Texas – 202.46 NMA

This mineral package includes 202.46 net mineral acres in Leon County, Texas, located in a highly active area with consistent leasing and drilling activity. The acreage was last leased in March 2023 at $400/NMA and a 20% royalty, although no drilling occurred during that lease term.

The minerals are situated just southeast of multiple DUCs and active drilling rigs, with two horizontal wells completed in 2025 directly to the north, the Brown Trueheart 1H and the Hotto TM 1H wells. Both wells produced over 700,000 MCF in their first month, indicating strong initial production and reinforcing the quality of the surrounding acreage. We have included production history for these wells in our data room for reference. In addition to these completions, there has been meaningful leasing activity across the surrounding area over the past two years, supporting continued operator interest and the likelihood of future development.

This position represents a large, contiguous mineral ownership in a proven area, providing scale that is increasingly difficult to assemble. The ownership is held by four parties who sold 25% of the position in 2025 and are now offering the remaining 75% interest, totaling 202.46 NMA. Given the proximity to recent completions, nearby drilling activity, and active leasing trends, this acreage offers both near-term leasing potential and longer-term development upside.

The property is offered at a starting price of $2,100/NMA, providing an opportunity to acquire a sizable position in an active area of Leon County. At this level, a future lease comparable to those surrounding it, combined with drilling results similar to nearby wells, would provide a clear path to a strong return on investment.

Please note that our bidding process will be followed on this listing. Our bidding process is designed to create a fair and transparent process for all buyers.  We do not give preference to any particular buyer.    There is no take it down price on this listing or any other listing we post.  No buyers will be given a last look or the ability to call at the last minute and outbid the best offers we have received.

We respectfully ask that you take just a few moments to review our bidding process:
Texas Royalty Brokers – Bidding Process

For this listing, we are requiring the following:

1. 1. Special Warranty Deed
   2. 30 Day Close
   3. Any adjustment to the purchase price greater than 10% must be mutually agreeable.
   4. 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.   
   5. Buyer must close within 14 days or sign our qualified buyer agreement.

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

Download Files

We will begin accepting offers on Tuesday, May 12th. 

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.