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Client Reviews
Denton, TX
Super easy process. Emily was great. She communicated clearly and promptly thru ought the whole process. I would definitely recommend them.
Reeves, TX
My experience working with Texas Royalty Brokers to market my mineral rights has been nothing but a great experience! They were professional, informative, prompt and made selling my mineral rights a smooth and fairly easy process. I would highly recommend them.
San Juan, NM
Knowledgeable, competent, Great communication and ultra professional. They explained in detail every step along the way. I will defiantly use them again.
Gregg, TX
Texas Royalty Brokers is wonderful! Everyone is professional, knowledgeable, and so nice. They are responsive and thorough, and I’m so glad they handled my transaction. Everything went very smoothly!
Denton, TX
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
Reeves County Texas Mineral Rights for Sale
Listing ID
401104
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: $295,000
- State : Texas
- County : reeves
- Legal Location : A-1908 and A-5652, Sections 34 and 39 respectively
- Net Acres : 41.9
- Active Lease : Yes
- Royalty Rate : 20%
- Producing : yes
- Average Income : $3,210/Month
Comments:
The seller of these Reeves County Texas mineral rights has solid royalty income being generated from 7 horizontal wells. These wells have been producing an average of just over $3,200/month in royalty income. While some of this income is flush production, there is room for additional wells to be drilled on this 1,280 acre spacing unit. This leave significant upside for the mineral buyer. When these new horizontal wells are drilled in the future, these Reeves county mineral rights will be producing even more royalty income.
The owner is leased at a 20% royalty rate.
The seller would like to entertain offers at or above $295,000 to sell 100% of the mineral rights. All bids should be based on selling 41.9 net mineral acres in Reeves county Texas.
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.
