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Client Reviews

Gonzales, TX

June 7, 2024

Working with Texas Royalty Brokers was seamless. They are helpful, communicative, transparent, and efficient. I did a sale on my own and one with Texas Royalty Brokers and would recommend doing the process with them!

Crystal C.

McMullen, TX

June 3, 2024

Texas Royalty Brokers is an outstanding firm that went above and beyond my expectations.

Eric and Emily were able to negotiate the value of my minerals more than I expected to receive, as well as, expedite the process with ease.

I am thankful for all their hard work.

If you’re considering selling minerals in Texas, do yourself a favor and contact them.

Matthew P.

San Augustine, TX

May 31, 2024

I cannot say enough positive things about my experience with Texas Royalty Brokers! Eric was always responsive to my many questions and guided me expertly through what was a foreign process to me. I highly recommend Texas Royalty Brokers to anyone who is interested in selling mineral/royalty rights.

Jan P.

Hemphill, TX

May 29, 2024

Eric and Emily were awesome! Very professional, informative and kept me informed and up to date on proceedings. Had a great experience!

Diane M.

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.

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Listing Notifications

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Listing Title

Reeves County Texas - Mineral Rights For Sale

Listing ID

401198

Listing Status

active

Accepting Offers on 7/18/2024
  • 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: $500,000

  • State : Texas
  • County : reeves
  • Legal Location : Section 6, Block C7, Abstract 4878
  • Net Acres : 50
  • Active Lease : Yes
  • Royalty Rate : 12.5%
  • Producing : yes
  • Average Income : $8,100/Month
Comments:

These mineral rights are located in Reeves County Texas.  They are perfect for the PDP mineral buyer who wants an immediate ROI.   The owner of these mineral rights has 50 NRA in a 639 acre unit.  These mineral rights are generating an average royalty income of $8,100/month.  These wells are 5.8 to 6.9 years old, meaning we are past flush production but the wells have decades of useful life remaining.   This is a great opportunity to add some high quality royalty income to your portfolio.

A couple of important things to note on this listing:

  1.  The seller currently owes past due taxes of $31,555 on the Johnny Ryall unit.  The buyer will need to pay this off prior to closing.   The starting bid price includes past due taxes and commission.   Please provide your best total offer for the acreage, and at closing, the taxes and commission will be settled up out of your total offer, not in addition to it.
  2. The seller also owns surface acreage within the unit which they may consider selling.  Any surface ownership is not part of the sale, but can be negotiated as a transaction outside the mineral rights.

All bids should be based upon cash flow value, no adjustments will be allowed unless the net decimal interest is lower than what the seller is in pay on. If less NDI is proven in title, only the NDI proven in title would convey. Any adjustment must be mutually agreeable.

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

Download Files

We will begin accepting offers on Thursday, July 18th.

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.

Buyer Inquiry