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Lea, NM
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Hemphill, TX
Emily and Eric are fantastic and very helpful. I know nothing about royalties, etc. They made it so easy, quick and painless. 5 out of 5 stars for sure!!!!
Lavaca, TX
Texas Royalty Brokers assisted me in a sale; they were straightforward and clear on the process; answered every question I had along the way….I would recommend them…
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Atascosa, TX
Around a year ago I received a brochure from Texas Royalty Brokers. I held on to it till this year. In speaking with the team at Texas Royalty Brokers it was clear to me to use their expertise. They were extremely knowledgeable and helpful in guiding me through this extensive process. I could completely recommend them to anyone interested in selling their minerals.
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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.
