sellers
Texas Royalty Brokers
Popular Topics
Mineral Rights Report
Buyers
New Listing Notifications
To receive notifications regarding new listings that are activated on our website, please enter your email address below.
Client Reviews
Ward, TX
Eric and Emily were a pleasure to work with. I was able to quickly sell my resources for top dollar!
Lea, NM
Wonderful experience! Highly recommend the Texas Royalty Brokers
Hemphill, TX
Emily and Eric are fantastic and very helpful. I know nothing about royalties, etc. They made it so easy, quick and painless. 5 out of 5 stars for sure!!!!
Lavaca, TX
Texas Royalty Brokers assisted me in a sale; they were straightforward and clear on the process; answered every question I had along the way….I would recommend them…
Shelby, TX
I found the team at Texas Royalty Brokers to be honest, competent, and focused on my needs. I plan on using them again and would not hesitate to recommend them.
Blog Categories
Listing Notifications
To receive notifications regarding new listings that are activated on our website, please enter your email address below.
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.
