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Client Reviews
Denton, TX
Super easy process. Emily was great. She communicated clearly and promptly thru ought the whole process. I would definitely recommend them.
Reeves, TX
My experience working with Texas Royalty Brokers to market my mineral rights has been nothing but a great experience! They were professional, informative, prompt and made selling my mineral rights a smooth and fairly easy process. I would highly recommend them.
San Juan, NM
Knowledgeable, competent, Great communication and ultra professional. They explained in detail every step along the way. I will defiantly use them again.
Gregg, TX
Texas Royalty Brokers is wonderful! Everyone is professional, knowledgeable, and so nice. They are responsive and thorough, and I’m so glad they handled my transaction. Everything went very smoothly!
Denton, TX
A superb service that obtained the target price I had set for the sale of my minerals. Emily, who is great to work with, patiently navigated me through the process from beginning to end. Highly recommended!
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Listing Title
Reeves County Texas Mineral Rights for Sale
Listing ID
401240
Listing Status
sold
- 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
Please click the download button below to view the listing files. Listing files include maps, check stubs, and other documentation.
Listing Details
Starting Bid: $1,200,000
- State : Texas
- County : reeves
- Legal Location : Block 3, Section 9, Abstract 43
- Net Acres : 83.5
- Active Lease : Yes
- Royalty Rate : 12.5%
- Producing : yes
- Average Income : $1,776/Month
Comments:
Update: 7/17/25:
Sold
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Update: 6/11/25:
Sale Pending
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Update 6/9/25:
Best and final offers due by noon Wednesday June 11th.
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The upside potential in this listing is something you don’t want to miss out on.
We believe our client owns 83.5 NRA in the Craven 3-8 Unit in Reeves County. This 678 acre unit has one 8.5 year old horizontal well. In the immediate surrounding area, in both Reeves and Loving, there are countless DUCs, permits and rigs. With 83.5 NRA, there is substantial upside in these mineral rights.
Our client receives an average of $1,776/Month in royalty income, making this a great cashflow deal as well.
Note: our client sold 20% of her ownership in 2016 and is selling the remainder in this listing, based on the NDI on which she is in pay. The reference deed is included in the files.
Everything you need to research this listing is provided in the files.
For this listing, we are requiring the following:
-
- Special Warranty Deed
- 30 Day Close
- Any adjustment to the purchase price greater than 10% must be mutually agreeable.
- Buyer to pay off past due taxes out of seller proceeds at closing
- Our closing process included in the PSA, which is: At closing, buyer will provide the mineral deed. The seller will execute the mineral deed and return it to Texas Royalty Brokers. Texas Royalty Brokers will provide buyer with a scanned copy of the deed, and buyer will then wire funds to seller and Texas Royalty Brokers respectively. Once funds are confirmed, Texas Royalty Brokers will overnight the deed to the Buyer.
- Buyer must close within 14 days or sign our qualified buyer agreement.
To view/download the listing files, please visit the link below:
We will begin accepting offers on Thursday June 5th.
All buyers are required to either do a 14 day close or sign our qualified buyer agreement once a deal has been verbally agreed upon. In certain situations, we may require a $25,000 earnest deposit at the sole discretion of Texas Royalty Brokers.
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.
Accepting Offers on 6/5/2025