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Stephens, TX
I had the pleasure of working with Texas Royalty Brokers LLC this past month. From the beginning to the very end and everything in between, they were very communicative, responsive and helpful. They explained every part of the process and helped when I needed something. They made the whole process simple and easy. By using Texas Royalty Brokers LLC, I was able to get 2 times the amount I was offered by others or on my own.
Harrison, TX
Eric and Emily are very good at taking care of clients. I found them after researching companies to help me with selling. The reviews I found convinced me to give them an opportunity and I am thankful.
Emily was true to her word from the beginning to the completion. I am so pleased with her that if I choose to sell other property, I will definitely contact her and trust her judgement in my accounts.
Leon, TX
I had no idea how straightforward and very simple it would be to sell mineral rights in Texas. Texas Royalty Brokers, represented by Eric Winegar provided guidance on the complete process. Confirming exactly how the TRB website described each step of the sales process. Eric and his staff followed up immediately on every question I presented. I had limited information about the value of the mineral rights prior to the final offer presented which exceeded my expectations. Working with TRB, I became educated about the process of selling mineral rights and convinced me I would never try to sell without having the representation offered by Texas Royalty Brokers.
Midland, TX
I had an excellent experience working with Eric Winegar at Texas Royalty Brokers. Eric was professional, knowledgeable, and responsive. He clearly explained every step and made the process easy and stress-free. His attention to detail and commitment to getting the best outcome for me exceeded my expectations. I highly recommend Eric and Texas Royalty Brokers to anyone needing trustworthy royalty services.
Leon, TX
Texas Royalty Brokers did Everything they said they would do. They communicated often, they always answered my questions quickly and I had a lot of questions.
Very professional company. They negotiated a very good price for my mineral rights.
I would recommend them highly.
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Listing Title
Minerals for Sale in Shelby County Texas
Listing ID
401143
Listing Status
not available
- 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.
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:
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.
Accepting Offers on 11/22/2022