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A superb service that obtained the target price I had set for the sale of my minerals. Emily, who is great to work with, patiently navigated me through the process from beginning to end. Highly recommended!
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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 Maps
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.
