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Client Reviews

Reeves, TX

May 1, 2024

Texas royalty brokers did a fabulous job getting my property sold efficiently professionally and quickly. Eric and Emily were prompt with returning calls and emails and made the entire transaction seamless! I would certainly use them again.

Lindsay F.

Leon, TX

April 12, 2024

Texas Royalty Brokers did a fantastic job marketing and selling my mineral rights. Eric and Emily were extremely helpful and patient in answering all my questions and guiding me through the process. They basically did all the paperwork. I would definitely use them again!

Dan T.

Andrews, TX

March 27, 2024

Eric and his staff at Texas Royalty Brokers were amazingly helpful! Between finding the value of my minerals, finding buyers, and handling the contracts. I couldn’t imagine dealing with the processes without them.

Thank you so much Eric!!!

Rob O.

Mitchell, TX

March 25, 2024

Texas Royalty Brokers was great to work with! The offer exceeded my expectations! Eric and Emily were very clear and organized with the process and made it easy. I would definitely use them again!

Tuey R.

Karnes, TX

March 18, 2024

My experience with Tx Royalty Brokers was excellent. They basically did all the work as promoting and marketing my asset. I ended up getting what I wanted – my net payout was a multiple of over 66 months of my present monthly royalty payments.

I would highly recommended Eric and Emily to anyone who is interesting in marketing their mineral or royalty interests.

Mark P.

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Listing Notifications

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Listing Title

Reeves County Texas Mineral Rights for Sale

Listing ID

401156

Listing Status

not available

Accepting Offers on 5/30/2023
  • Listing Posted - complete
  • Listing Evaluation - in progress
  • Accepting Offers - tbd
  • Client Review - tbd
  • Best and Final - tbd
  • 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: $800,000

  • State : Texas
  • County : reeves
  • Legal Location : Please see attached map.
  • Net Acres : 40.00
  • Active Lease : Yes
  • Royalty Rate : 25%
  • Producing : yes
  • Average Income : $1,592/Month
Comments:

Update:  6/15/2023

The seller has decided to retain the mineral rights.

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Update:  6/6/2023

Sale Pending

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This is an excellent opportunity to buy some core Reeves county acreage.   This acreage is right on the border of Loving County.  It is absolutely surrounded by permit and rig activity.  It is operated by Anadarko.

The owner has 20 net mineral acres leased at 25% for total of 40 net royalty acres.  Note:  Our ownership estimate is showing net royalty acres assuming a 12.5% lease, but the lease from 2005 shows a 25% royalty.

There is currently just 1 well drilled on 657 acre spacing so there is room for a lot of additional wells.  This is an great long term PUD play that also has current cash flow.  The recent cash flow has been averaging around $1,600/month.

Offer should be based on 40 net royalty acres of ownership.  The starting bid price for this listing is $800,000.

To view/download the listing files, please visit the link below:

Download Files

We will begin accepting offers on Tuesday, May 30th.

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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