sellers

Texas Royalty Brokers

Popular Topics

Free Consultation

Buyers

New Listing Notifications

To receive notifications regarding new listings that are activated on our website, please enter your email address below.


 

Client Reviews

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.

Shelby, TX

Rated 5 out of 5
August 1, 2022

By listing our mineral interests with Texas Royalty Brokers, my husband and I received an offer more than 50% higher than the best offer we received in the mail. And, the expert guidance we received from Eric Winegar through the entire process was just as important.

Eric established value, listed the property, discussed options, vetted and coordinated paperwork, always provided thoughtful and knowledgeable guidance, clearly answered our many questions, and looked after our interests, keeping us informed every step along the way. We are so glad that we listed our property with Texas Royalty Brokers.

Linda, N.

La Salle, TX

Rated 5 out of 5
June 24, 2022

Our family was on the fence about selling mineral rights until we got a really high offer in the mail. We reached out to see if the offer was a fair one. Within just minutes the company responded and walked us through the value of the mineral rights. We decided to list the mineral rights to see if there was a better offer. Sure enough, we got a bid that was even higher. I can’t thank Eric and the team at Texas Royalty enough for helping our family with the sale of these mineral rights. We are truly thankful.

Amy R.

Harrison, TX

Rated 5 out of 5
June 18, 2022

We got an offer from [redacted] in the mail. I knew this offer was a low ball offer, but we hadn’t really thought about selling until the offer came in. My wife and I didn’t want to be greedy, but we also wanted to sell for the best price we could find. I reached out to a few other buyers and then decided to list this at Texas Royalty Brokers. It was the best decision we could have made. We ended up walking away with substantially more money.

Arnold P.W.

Blog Categories

Listing Notifications

To receive notifications regarding new listings that are activated on our website, please enter your email address below.


 

Listing Title

Minerals for Sale in Shelby County Texas

Listing ID

401143

Listing Status

not available

Accepting Offers on 11/22/2022
  • Listing Posted - complete
  • Listing Evaluation - complete
  • Accepting Offers - in progress
  • Client Review - tbd
  • Best and Final - tbd
  • Under Contract - tbd

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 Tuesday, November 8th.

Listing Maps

Listing Files

Please click the download button below to view the listing files. Listing files include maps, check stubs, and other documentation.

Download

Listing Details

Starting Bid: $14,750/net royalty acre

  • State : Texas
  • County : shelby
  • Legal Location : Abstracts: 139, 309, 529, 724, 847, 969, 1041, & 1123
  • Net Acres : 59.42
  • Active Lease : Yes
  • Royalty Rate : 12.5%
  • Producing : yes
  • Average Income : $1,052/Month
Comments:

Update: 11/28/2022  – Seller accepted offer in hand.

_____________________

There are two siblings who own an identical interest in mineral rights in Shelby County Texas.

The mineral rights are currently generating a little over $1,000/month combined income.  However, there is also a DUC (Owls-Sun Devils 3H), which is sitting on the bulk of their acreage.  We are also showing an active permit for the “Vandals-Mustangs” unit which will overlap some of their acreage as well.   The mineral buyer for this acreage will get some nice immediate upside when the new DUC comes online and even more upside when the Vandals-Mustang well is drilled.

All bids should be based upon a total combined ownership of 59.42 NRA.  Please note that we actually show slightly more acreage owned, but the estimated NRA is based upon an existing offer.

The sellers would like to entertain offers of $14,750/NRA or better.  The sellers currently have an offer on the table that is in the ball park of the starting bid price.  While there is a tiny amount of wiggle room on pricing here, if we don’t see an offer at or above the starting bid price within a couple days of opening this one up for bids, the sellers are going to accept the offer in hand.  This is a last minute check to ensure there are no better offers are out there and the sellers are content to take the offer in hand if nothing better comes in.

We will open this up for bids on Tuesday, November 22nd.  If no bids have been received by Wednesday, November 23rd, the sellers are moving forward with their current offer.

Most up to date listing files at the link below:

Download Files

We will begin accepting offers on Tuesday, November 22nd.

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