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Lavaca, TX
Such a smooth transaction! Highly recommend!
Reeves, TX
I had the pleasure of doing business with Texas Royalty Brokers and I was very satisfied with the results! Emily was straightforward, quick to respond, and honest the whole way through. I highly recommend Emily, Eric and the team at Texas Royalty Brokers.
Karnes, TX
Emily and Eric were great! Very fast process! I had lots of questions and they were very responsive and gave lots of updates.
Upton, TX
Texas Royalty Brokers has to be one of the most efficient mineral brokers in the nation. Within a week of my listing I received a 30% increase against my highest offer trying to sell it on my own. A very concise, smooth experience from start to finish.
Montrail, ND
I had a issue with my mineral rights and Eric was the ONLY broker to give me a fast and straight-forward response that actually helped … and I reached out to quite a few. I will definitely work with Texas Royalty Brokers again and recommend them to anyone with mineral rights.
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Listing Title
McMullen County Texas Mineral Rights for Sale
Listing ID
401118
Listing Status
sold
This listing is 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 is under contract. To protect our client’s privacy, the listing files are no longer available for download.
Listing Details
Starting Bid: $325,000
- State : Texas
- County : mcMullen
- Legal Location : Abstract 182 - Eldridge Survey
- Net Acres : 33.9
- Active Lease : Yes
- Royalty Rate : 16%
- Producing : yes
- Average Income : $5,375/month
Comments:
This is a great opportunity to pick up over 30 acres that is generating $5,375/month in royalty income in McMullen County Texas.
These mineral rights are producing royalty income from numerous wells covering various zones. There is potentially room for 1 additional well that could increase the value of these mineral rights. However, most of the value is coming from the active production from oil and gas wells in McMullen County Texas. Most of the production is from mature wells that are 3 to 5 years old. There is flush production coming from 1 well that is around 32 months old. This well is still declining but royalty income is expected to stay above $3,000+/month for a good period of time.
Please note that the owner of this property has power of attorney for the owner. We have the power of attorney on file and this can be reviewed as requested. Buyer will be responsible for creating the mineral deed for closing.
The owner has offers, but they are 3 to 6 months old. We are looking for updated offers to sell these mineral rights in McMullen County Texas. The seller is ready to move quickly for the right offer.
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.
