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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.
Atascosa, TX
Around a year ago I received a brochure from Texas Royalty Brokers. I held on to it till this year. In speaking with the team at Texas Royalty Brokers it was clear to me to use their expertise. They were extremely knowledgeable and helpful in guiding me through this extensive process. I could completely recommend them to anyone interested in selling their minerals.
Karnes, TX
Emily and Eric did a wonderful job of marketing and selling my minerals. They were very helpful during the whole transaction. I couldn’t have asked for a better deal!
Karnes, Tx
We had an amazing experience with Emily and Eric. They were professional and knowledgeable in handling our deal and exceeded our expectations. We even experienced an issue on our end that they helped walk us through and resolve quickly! I would definitely use them again!
La Salle, TX
They were so Great… always up front, they did all the work and we got a very fair price… Didn’t have to bother with all the calls of other brokers with bait and switch offers. TRB are the Only way to sell your royalties and get a fair price.
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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.
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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.
