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Client Reviews
La Salle, TX
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.
Reeves, TX
My experience with Texas Royalty Brokers was excellent. Communication at every step in the process was maintained. The price received for the royalties exceeded our expectations. The entire process was completed in six weeks. I’d recommend Texas Royalty Brokers to anyone that considers selling.
Harrison, TX
Texas Royalty Brokers was easy to work with and were able to answer all of our questions quickly. We had a pleasant experience working with them.
Howard, TX
Working with Eric Winegar was a wonderful experience. He was always available to answer questions and helped get us to our closing quickly. I would definitely work with him again.
Ector, TX
I have had several correspondences over the recent past with Eric. Five stars is simply not enough! Navigating and trying to understand the mineral interests I inherited has been daunting, and further crazy with offers of purchase. Not knowing what to do or what to expect, I reached out to Texas Royalty Brokers and fortunately Eric responded to my inquiries. Has has been informative, up front, he has researched and quite honestly, has gone way above and beyond any expectations I had. Thank you, Eric!
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Listing Title
Loving County Texas Minerals for Sale
Listing ID
401105
Listing Status
sold
This listing has been SOLD. Please visit our listings page and set the status filter to “Active” to see currently active listings. If you want to buy mineral rights in Texas, sign up for listing notifications to receive emails when new listings are posted.
- Listing Posted - complete
- Listing Evaluation - complete
- Accepting Offers - complete
- Client Review - complete
- Best and Final - complete
- Under Contract - complete
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Listing Files
This listing has been sold. To protect our client’s privacy, the listing files are no longer available for download.
Listing Details
Starting Bid: $123,000
- State : Texas
- County : loving
- Legal Location : A-1150, Section 8
- Net Acres : 24.6
- Active Lease : Yes
- Royalty Rate : 20%
- Producing : yes
- Average Income : $375/Month
Comments:
If you want to buy mineral rights in Loving County Texas, this listing is for you! The owner who is selling mineral rights in Loving County Texas has 24.6 net mineral acres leased at 20%.
This acreage has a couple of older horizontal wells already drilled. Those wells are still producing and have been average about $375/month in royalty income. Over the last few months we have seen that income steadily rising as oil prices continue to improve in 2021. These should be pretty consistent producers from this point forward as we are well past the initial decline.
There is also upside on these mineral rights. The value of these mineral rights is really in the future production from additional drilling. There is currently space for at least 4 more horizontal wells. While there are no active permits, this area is surrounded by rig activity and we expect to see some quality income from future drilling occur.
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.
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.