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Client Reviews
Reeves, TX
Texas royalty brokers did a fabulous job getting my property sold efficiently professionally and quickly. Eric and Emily were prompt with returning calls and emails and made the entire transaction seamless! I would certainly use them again.
Leon, TX
Texas Royalty Brokers did a fantastic job marketing and selling my mineral rights. Eric and Emily were extremely helpful and patient in answering all my questions and guiding me through the process. They basically did all the paperwork. I would definitely use them again!
Andrews, TX
Eric and his staff at Texas Royalty Brokers were amazingly helpful! Between finding the value of my minerals, finding buyers, and handling the contracts. I couldn’t imagine dealing with the processes without them.
Thank you so much Eric!!!
Mitchell, TX
Texas Royalty Brokers was great to work with! The offer exceeded my expectations! Eric and Emily were very clear and organized with the process and made it easy. I would definitely use them again!
Karnes, TX
My experience with Tx Royalty Brokers was excellent. They basically did all the work as promoting and marketing my asset. I ended up getting what I wanted – my net payout was a multiple of over 66 months of my present monthly royalty payments.
I would highly recommended Eric and Emily to anyone who is interesting in marketing their mineral or royalty interests.
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Listing Title
McMullen County Texas - Mineral Rights For Sale
Listing ID
401183
Listing Status
pending
- Listing Posted - complete
- Listing Evaluation - complete
- Accepting Offers - complete
- Client Review - complete
- Best and Final - complete
- Under Contract - in progress
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: 3/30/2024
Sale Pending
__________________________
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