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Client Reviews
San Augustine, TX
I am so grateful for the guidance during the process of selling my mineral rights. This was a huge decision! Eric and his team are top notch professionals, answering any and all concerns/questions along the way. I would definitely recommend Texas Royalty Brokers!
Anderson, TX
I went into the listing and sale of mineral rights knowing nothing! TRB made the process easy. They explained every step of the process with frequent updates and were patient and prompt in answering any questions. I could not have navigated this process without them. I am truly grateful for their help and highly recommend TRB for anyone looking to sell their mineral rights.
Harrison, TX
I dealt with Emily and she did a wonderful job. She did research for me into the value of mineral rights and gave me the option to sell through them or to wait. I choose to hold on to my mineral rights for the time being but had a great experience working with her. I would definitely recommend to anyone needing help with their oil and gas mineral rights to give her a call.
Anderson, TX
They have great communication throughout the whole process. They are thorough in answering questions and are quick to respond. I am very satisfied with the service I received and will use them again.
Loving, TX
My sister and I had inherited some mineral rights from our mother’s estate, and we didn’t know where to begin. Emily and Eric both answered every question, gave us all the guidance we needed and we walked away with an offer/sale that was well above any that had been offered before. I would highly recommend Texas Royalty Brokers!
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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.
