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Client Reviews
Reeves, TX
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.
Leon, TX
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!
Andrews, TX
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!!!
Mitchell, TX
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!
Karnes, TX
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.
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Listing Title
San Augustine County Texas - Mineral Rights For Sale
Listing ID
401190
Listing Status
pending
- Listing Posted - complete
- Listing Evaluation - complete
- Accepting Offers - complete
- Client Review - complete
- Best and Final - complete
- Under Contract - in progress
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: $242,500
- State : Texas
- County : san-augustine
- Legal Location : A-193
- Net Acres : 74.15
- Active Lease : Yes
- Royalty Rate : 12.5%
- Producing : yes
- Average Income : $662/Month
Comments:
Update 4/29/24:
Under contract
___________________
Update 4/25/24:
Accepting best and final bids through end of the day Monday 4/29
___________________
Here is a great opportunity to purchase property in San Augustine County. This owner is selling 50% of his ownership in the Butler Rooney and Butler Rooney Sooners Allocation Units. We believe 50% of his ownership is 74.15 NRA.
These units present excellent upside to a buyer in that there are only 2 wells drilled on this 666 spacing.
The owner also receives an average monthly royalty income of $662/Month for 50% of this ownership.
We believe there is some overlap in the two units, and are therefore only counting the Butler Rooney acreage in our calculations in the attached ownership estimate.
The owner previously had a lien on this property, but this has since been released and we have provided all documents on this lien in the files.
Please note, the owner has additional property in the nearby Vandals unit, so in purchasing this property, the deed will need to be specific to the Butler Rooney and Butler Rooney Sooners Allocation Units.
All bids should be based upon the attached estimated NRA. If less NRA is proven in title, only the NRA proven in title would convey. Any adjustment over 10%, on a tract by tract basis, must be mutually agreeable.
To view/download the listing files, please visit the link below:
We will begin accepting offers on Tuesday, April 23rd.
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.
Accepting Offers on 4/23/2024