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Client Reviews

Howard, TX

Rated 5 out of 5
January 3, 2023

The team at Texas Royalty Brokers were so easy to work with. They made what sounds like a very confusing process, clear and straightforward. They were incredibly responsive and kind people to work with. I definitely recommend their services!

Bridget Z.

Tarrant, TX

Rated 5 out of 5
December 15, 2022

A great and straightforward experience. They answered all questions and made the process quick and easy. I highly recommend their services.

Robert S.

Howard, TX

Rated 5 out of 5
December 2, 2022

I engaged Texas Royalty Brokers to market my mineral interest after I received an unsolicited offer. They got me almost 2x the original offer, and they were professional and transparent through the entire process. Definitely plan to use them again.

Christopher W.

Karnes, TX

Rated 5 out of 5
November 1, 2022

After several months of researching the process of selling mineral rights, as well as researching several land/mineral brokers, I filled out the contact form for Texas Royalty Brokers. I received a reply from Eric Winegar almost immediately. From the start, Eric was easy to work with and I always felt that he was truly working with my best in mind. Throughout our numerous emails and phone calls, he was always courteous and professional and answered every question I asked. Some more than once! I was provided with all the drilling maps and financial information he used to determine the listing price and future drilling potential.

Once I accepted an offer, he handled all of the paperwork and walked me through every part of the process. And, when we ran into a snag (which he had prepared me to expect) and I started to question my decision to sell, he was so respectful of my indecision and provided me with all the information I needed to reassure myself that I was making the right decision. I can’t thank him enough. I wouldn’t hesitate to recommend Texas Royalty Brokers to anyone interested in selling their mineral interests.

Jann R.

Howard, TX

Rated 5 out of 5
September 19, 2022

16 years after inheriting Howard County mineral rights, and recently receiving increasing unsolicited purchase offers, we made the decision to sell. After thoroughly researching brokerage firms we decided to contact Texas Royalty Brokers which was a highly beneficial move. Eric could not have been easier to work with and we felt a strong fiduciary relationship throughout the entire process. Numerous phone calls and discussions were handled in a prompt, professional manner with precise explanations and valuable information offered, all delivered in a stress free environment. We feel that Eric went above and beyond our expectations and was a significant factor in our successful sell. We highly recommend Texas Royalty Brokers and Eric Winegar and would not hesitate to work with them in any future endeavors.

Traci D.

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Listing Notifications

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Listing Title

Buy Mineral Rights in San Augustine TX

Listing ID

401138

Listing Status

sold

Accepting Offers on 9/8/2022
  • 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.

Download Files

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.

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