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Client Reviews

Martin, TX

Rated 5 out of 5
March 15, 2023

Working with Eric to help our family sell our oil rights was such a great experience and definitely the right decision for our family. From our first consultation over the phone, Eric laid out a road map of the process that was accurate, but also gave us the ability to make our own decisions along the way.

After negotiating with many potential buyers on our own, we were not able to get the price we were looking for to sell. However, once we hired Eric and his team to market our rights to all potential buyers in the market, we were able to sell at a much higher price and increase our take home net by over $100,000. I would definitely recommend Eric and Texas Royalty Brokers if you are concerned about under selling the value of your oil rights. His processes were clear, his service was outstanding, and his value to the transaction was worth his commissions!

Thank you for guiding us through the process Eric. We greatly appreciate you and your hard work!

Craig M.

Webb, TX

Rated 5 out of 5
February 27, 2023

Amazing experience! Eric is a pro! We got a full price offer and closed within 2 weeks of listing. I will only work with Eric Winegar and Texas Royalty Brokers in the future.

Jamie A.

Howard, TX

Rated 5 out of 5
January 3, 2023

The team at Texas Royalty Brokers were so easy to work with. They made what sounds like a very confusing process, clear and straightforward. They were incredibly responsive and kind people to work with. I definitely recommend their services!

Bridget Z.

Tarrant, TX

Rated 5 out of 5
December 15, 2022

A great and straightforward experience. They answered all questions and made the process quick and easy. I highly recommend their services.

Robert S.

Howard, TX

Rated 5 out of 5
December 2, 2022

I engaged Texas Royalty Brokers to market my mineral interest after I received an unsolicited offer. They got me almost 2x the original offer, and they were professional and transparent through the entire process. Definitely plan to use them again.

Christopher W.

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Listing Title

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

Please take a moment to learn more about each listing phase.

Listing Maps

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.

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