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Client Reviews

Borden & Dawson, TX

Rated 5.0 out of 5
December 2, 2023

I am convinced working with Texas Royalty Brokers resulted in maximizing the amount I sold my mineral interests for. They were engaged and responsive throughout the sale process, willing to discuss any concerns or requests, and also provided sound advice based on their past experience. If I ever consider selling additional minerals in the future, Texas Royalty Brokers will be my first choice to market them.

Bill L.

Martin, TX

Rated 5.0 out of 5
October 26, 2023

Eric W. was extremely helpful and patient with all the questions we had. Once we decided to sell, he guided us through the process, which was quick and seamless. We’re very satisfied with our outcome. Highly recommend this group if you are looking to sell your mineral rights.

Annalisa C.

Howard, TX

Rated 5.0 out of 5
August 15, 2023

Recently, I inherited some mineral rights and soon began receiving offers in the mail. Being new to the whole process, I was quite unsure about the best steps forward. After conducting some research, I decided to list the rights with Texas Royalty Brokers, and it was the best decision I made! The team provided me with comprehensive knowledge about the market, ensuring I had all the data in front of me to make an informed decision. Not only were they professional and thorough, but also transparent in all our dealings. The result? The offers I got through Texas Royalty Brokers were substantially higher than any of those I received in the mail. For anyone navigating the complex world of mineral rights, I can’t recommend Texas Royalty Brokers enough. Their expertise and commitment to clients are unmatched. The outcome speaks for itself. Thank you, Texas Royalty Brokers, for making this experience smooth and profitable!

Alexis H.

Reeves, TX

Rated 5.0 out of 5
July 17, 2023

Texas Royalty Brokers truly understood the value of my minerals and worked tirelessly to secure a deal that left me pleasantly surprised. They kept me informed throughout the process, with no confusing jargon or hidden agendas. Just honest and straightforward communication.

Albert K.

Reagan, TX

Rated 5.0 out of 5
May 11, 2023

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.

Sean G.

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Listing Notifications

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Listing Title

Mitchell County mineral rights for sale

Listing ID

401177

Listing Status

pending

Accepting Offers on 2/20/2024
  • Listing Posted - complete
  • Listing Evaluation - complete
  • Accepting Offers - complete
  • Client Review - complete
  • Best and Final - complete
  • Under Contract - tbd

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 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.

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