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Client Reviews
Reeves, TX
I had the pleasure of doing business with Texas Royalty Brokers and I was very satisfied with the results! Emily was straightforward, quick to respond, and honest the whole way through. I highly recommend Emily, Eric and the team at Texas Royalty Brokers.
Karnes, TX
Emily and Eric were great! Very fast process! I had lots of questions and they were very responsive and gave lots of updates.
Upton, TX
Texas Royalty Brokers has to be one of the most efficient mineral brokers in the nation. Within a week of my listing I received a 30% increase against my highest offer trying to sell it on my own. A very concise, smooth experience from start to finish.
Montrail, ND
I had a issue with my mineral rights and Eric was the ONLY broker to give me a fast and straight-forward response that actually helped … and I reached out to quite a few. I will definitely work with Texas Royalty Brokers again and recommend them to anyone with mineral rights.
Crockett, TX
I worked with Emily, who was extremely knowledgeable about all aspects of the sale, from current and prospective activity on the property to evaluating the market. The sale was swift and went above the posted price. I was ambivalent about selling my mineral rights, but the experience was very good and reassured me I’d made the right choice.
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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.
