sellers
Texas Royalty Brokers
Popular Topics
Mineral Rights Report
Buyers
New Listing Notifications
To receive notifications regarding new listings that are activated on our website, please enter your email address below.
Client Reviews
San Augustine, TX
In the world we live in today, it’s very difficult to know who to trust. Eric and Emily were knowledgeable, patient, and professional. They exceeded my expectations, and EARNED my trust. I would recommend them to anyone looking to sell their minerals.
Glasscock, TX
I enjoyed working with Emily and Eric. They did exactly what they said they would do. They were very professional and communicated well. I would recommend them to anyone looking to sell their mineral rights.
Ward, TX
Eric and Emily were a pleasure to work with. I was able to quickly sell my resources for top dollar!
Lea, NM
Wonderful experience! Highly recommend the Texas Royalty Brokers
Hemphill, TX
Emily and Eric are fantastic and very helpful. I know nothing about royalties, etc. They made it so easy, quick and painless. 5 out of 5 stars for sure!!!!
Blog Categories
Listing Notifications
To receive notifications regarding new listings that are activated on our website, please enter your email address below.
Listing Title
Buy Mineral Rights in San Augustine TX
Listing ID
401138
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.
We are currently in the listing evaluation phase for these mineral rights. We will begin accepting offers on Thursday, September 8th.
Listing Maps
Listing Files
To view the available files for this listing, please download the zip file using the button below.
Listing Details
Starting Bid: $870,000
- State : Texas
- County : san-augustine
- Legal Location : Multiple - Please see attached maps
- Net Acres : 193.33
- Active Lease : Yes
- Royalty Rate : 25%
- Producing : yes
- Average Income : $796/Month
Comments:
Update: 11/2/2022
Property Sold
_________________________________
If you have been looking for an opportunity to buy mineral rights with a lot of upside potential, this deal is for you.
The owner of these mineral rights has a total of 384.84 net royalty acres. They are interested in selling 50% of their ownership. These mineral rights currently generate an average of $1,592/month, or $796/month based on selling 50% of the ownership. There are three separate tracts, each with a large amount of net royalty acres providing some great diversification and huge upside potential.
Tract 1: Williams Chumley Unit – 115.7 NRA – 57.85 NRA being sold
There is currently a single horizontal well producing here. In addition, there are two permits filed in June 2022 to combine the acreage in the Williams-Chumley and Wright units to create a larger 1552.96 acre unit. The owners would have a nice amount of acreage within this larger unit if these two new wells are drilled.
Tract 2: Jayhawks Unit – 214.36 NRA – 107.18 NRA being sold
There is only a single horizontal well producing here which creates an excellent upside potential when any new activity occurs. This is a great location so it is only a matter of time.
Tract 3: Wildcat Unit – 54.76 NRA – 27.38 NRA being sold
There is only a single horizontal well producing here which creates an excellent upside potential when any new activity occurs. This is a great location so it is only a matter of time.
In addition to these three tracts, the seller has also recently leased 1.8 additional acres at 25%. The seller has signed the lease but has not yet been paid. Please note that the seller is entitled to receive the entire lease bonus payment even though half of this acreage may be sold. We were able to pull some other leases and we believe most of this acreage is leased at 25%.
The owner may have additional ownership in San Augustine / Shelby county. They may also own some land associated with these mineral rights. This sale is only for the ownership listed on the check stubs from XTO / Sheridan, and includes mineral rights only.
While the seller is only interested in selling 50% at this time, they may be interested in selling 100% depending on the offers. If the right offer comes along they are willing to consider a sale of 100% of the mineral rights.
All bids should be made based on the net royalty acres shown in the ownership estimate. Buyer to run title to confirm the mineral rights ownership.
You can download the available listing files here.
We will begin accepting offers on Thursday, September 8th.
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 9/8/2022