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Client Reviews
Reagan, TX
Eric and his company did a fantastic job throughout my entire selling process. They are very knowledgeable, gracious, and efficient. Eric personally went above and beyond in communication to me and my family and I would recommend him and his company to anyone. I’m incredibly satisfied.
Dimmit, TX
Worth every penny! I can’t say enough about what a pleasant experience this was, thanks to Eric Winegar. Being completely unfamiliar with how to go about selling our family’s mineral interests, I had no idea where to begin. Then I received a brochure in the mail from Texas Royalty Brokers. It answered many of my questions (as well as some I didn’t know I should have), so I checked out their website. I found a wealth of information there as well, so I filled out their online inquiry form. I quickly heard from Eric, provided a few royalty check stubs, and from there he literally took care of everything else.
Eric explained every step of the process along the way and answered all my rookie questions with the utmost professionalism. His experience and expertise in this industry is invaluable and I could not have imagined an easier process.
Panola, TX
Eric Winegar was incredible. He took time to pull together data and explained in great detail the specifics of our mineral interests. We had an offer that could have potentially been a horrible mistake and Eric saved the day! We are so grateful for the time he took to put everything together and explain it to where we could understand it. He is so knowledgeable!
Panola, TX
Eric is First class, educational and honest. We had been offered a substantial amount for one of our mineral rights by mail. I was uncomfortable because the amount didn’t add up for me and I reached out to Texas Royalty Brokers for a second opinion. Eric took the time to explain the process, what he thought he might be able to do given the information he had at the time (which was no more than the offer letter I had been provided). I decided to give Eric a shot at the second opinion and sent in all the information required. Eric reviewed the information, did a substantial amount of research and scheduled a conference call.
Eric took the time to explain , with supporting maps and documentation, why selling was a bad idea for us. I learned more in a 30 minute conversation with Eric than I had in the three years since we inherited the royalties. Long story short, he saved us from making a several hundred thousand dollar mistake. He didn’t have to take the time educate us but he did. I highly recommend Eric and his team and will definitely use Eric if the time ever becomes right to sell.
Karnes, TX
Eric, it was a pleasure working with you! The outcome and timing was precisely as expected and communication was every bit on point. I thank you, my family thanks you! I will keep in touch. Respectfully,
The Trial’s
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Listing Title
Sell Mineral Rights in Midland County Texas
Listing ID
401101
Listing Status
sold
This listing has been 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 Files
This listing has been sold. To protect our client’s privacy, the listing files are no longer available for download.
Listing Details
Starting Bid: $10,450,000
- State : Texas
- County : midland
- Legal Location : G G Gray Survey, Abstract 916, Section 41 G G Grey Survey, Abstract 919, Section 44 G G Gray Survey, Abstract 921, Section 45 G G Grey Survey, Abstract 920, Section 40 Additional Legal Locations in the attached files
- Net Acres : 672.74
- Active Lease : Yes
- Royalty Rate : 25%
- Producing : yes
- Average Income : $58,300/Month
Comments:
This is an opportunity to pick up a large acreage position in Midland County Texas. If you have been waiting to buy a large mineral rights package in Midland County Texas this is your opportunity!
The seller of these mineral rights has them held in a trust and has solid title work on a substantial amount of the acreage. While the lease rates vary, the vast majority of this acreage is held at a 25% lease rate. These mineral rights for sale in Midland County Texas also offer a substantial amount of diversification. There is production spread out over multiple units with additional upside in most units for future drilling.
The sellers are interested in selling this as a package deal for 100% of the ownership. They are NOT interested in selling portions of these mineral rights.
We have attached listing documentation to show the ownership details, check stubs, and what is specifically being sold. Please make all offers based on 672.74 net mineral acres being sold at the lease royalty rates in the attached excel document.
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.