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Lea, NM
Wonderful experience! Highly recommend the Texas Royalty Brokers
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…
Shelby, TX
I found the team at Texas Royalty Brokers to be honest, competent, and focused on my needs. I plan on using them again and would not hesitate to recommend them.
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
401183
Listing Status
sold
- 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
Please click the download button below to view the listing files. Listing files include maps, check stubs, and other documentation.
Listing Details
Starting Bid: $380,000
- State : Texas
- County : mcMullen
- Legal Location : L. Pursch Survey 148, A-1050; Louis Pursch Survey 150, A 1049; J.G. Palacios Survey 32, A-1074
- Net Acres : 214.54
- Active Lease : No
- Royalty Rate : 12.5%
- Producing : no
- Average Income : N/A
Comments:
Update: 5/30/2024
Sold
__________________________
Update: 3/30/2024
Sale Pending
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This is a great opportunity to purchase a large ownership in McMullen County. This non-leased / non-producing acreage is owned by two siblings. Each sibling has 107.27 net mineral acres and they are selling the property together for a total of 214.52 net mineral acres.
The properties were previously leased in 2017 at a 25% lease royalty rate, making the ownership 429.08 net royalty acres at that time. If the property is leased again in the future at the same royalty rate, the buyer of this acreage stands to make a large portion of their money back in lease bonus.
Please note, the owners’ names have been redacted from documentation. If you would like the owners’ names, please contact Texas Royalty Brokers directly.
All bids should be based upon the attached estimated NMA. If less NMA is proven in title, only the NMA proven in title would convey. Any adjustment over 10% must be mutually agreeable.
To view/download the listing files, please visit the link below:
We will begin accepting offers on Wednesday, March 27th.
All buyers are required to either do a 14 day close, make a $5,000 deposit, or sign our qualified buyer agreement once a deal has been verbally agreed upon.
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.
We have other mineral rights for sale.
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.
Accepting Offers on 3/27/2024