sellers

Buyers

New Listing Notifications

To receive notifications regarding new listings that are activated on our website, please enter your email address below.


 

Client Reviews

Gonzales, TX

June 7, 2024

Working with Texas Royalty Brokers was seamless. They are helpful, communicative, transparent, and efficient. I did a sale on my own and one with Texas Royalty Brokers and would recommend doing the process with them!

Crystal C.

McMullen, TX

June 3, 2024

Texas Royalty Brokers is an outstanding firm that went above and beyond my expectations.

Eric and Emily were able to negotiate the value of my minerals more than I expected to receive, as well as, expedite the process with ease.

I am thankful for all their hard work.

If you’re considering selling minerals in Texas, do yourself a favor and contact them.

Matthew P.

San Augustine, TX

May 31, 2024

I cannot say enough positive things about my experience with Texas Royalty Brokers! Eric was always responsive to my many questions and guided me expertly through what was a foreign process to me. I highly recommend Texas Royalty Brokers to anyone who is interested in selling mineral/royalty rights.

Jan P.

Hemphill, TX

May 29, 2024

Eric and Emily were awesome! Very professional, informative and kept me informed and up to date on proceedings. Had a great experience!

Diane M.

Reeves, TX

May 1, 2024

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.

Lindsay F.

Blog Categories

Listing Notifications

To receive notifications regarding new listings that are activated on our website, please enter your email address below.


 

Listing Title

Mitchell County mineral rights for sale

Listing ID

401177

Listing Status

sold

Accepting Offers on 2/20/2024
  • 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: $42,500

  • State : Texas
  • County : mitchell
  • Legal Location : Multiple locations
  • Net Acres : N/A
  • Active Lease : Yes
  • Royalty Rate : 12.5%
  • Producing : yes
  • Average Income : $748/Month
Comments:

Update 3/18/24

Sold

____________________

Update 2/21/24

Accepting best and final offers through Friday, February 23, 2024

____________________

This ownership in Mitchell County, Texas consists acreage in a large super unit that produces consistent cash flow.  In addition, there is acreage just to the south of this ownership with individual wells called the Trulock Wells.

We have a revenue summary for Winn Permian, which covers some of the Trulock wells, but there are additional Trulock wells in pay which will also convey in this sale. The seller has indicated that these adddtional Trulock wells do not produce much revenue at all and he does not have any royalty statements.

The acreage of this ownership is unknown and this deal is therefore being offered as a cash flow deal. The monthly royalties from this ownership nets the owner $748/Month.

Please note the owner has additional ownership in Howard County that is not for sale.  Additionally, the only ownership in Mitchell County we are conveying for sale is the ownership listed in the Mineral Holders file attached.

We are not representing a specific number of acres owned.  All bids should be based upon the cash flow value.  No adjustments will be allowed based on acreage owned.

To view/download the listing files, please visit the link below:

Download Files

We will begin accepting offers on Tuesday, February 20th.

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.

Buyer Inquiry