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
La Salle, TX
They were so Great… always up front, they did all the work and we got a very fair price… Didn’t have to bother with all the calls of other brokers with bait and switch offers. TRB are the Only way to sell your royalties and get a fair price.
Reeves, TX
My experience with Texas Royalty Brokers was excellent. Communication at every step in the process was maintained. The price received for the royalties exceeded our expectations. The entire process was completed in six weeks. I’d recommend Texas Royalty Brokers to anyone that considers selling.
Harrison, TX
Texas Royalty Brokers was easy to work with and were able to answer all of our questions quickly. We had a pleasant experience working with them.
Howard, TX
Working with Eric Winegar was a wonderful experience. He was always available to answer questions and helped get us to our closing quickly. I would definitely work with him again.
Ector, TX
I have had several correspondences over the recent past with Eric. Five stars is simply not enough! Navigating and trying to understand the mineral interests I inherited has been daunting, and further crazy with offers of purchase. Not knowing what to do or what to expect, I reached out to Texas Royalty Brokers and fortunately Eric responded to my inquiries. Has has been informative, up front, he has researched and quite honestly, has gone way above and beyond any expectations I had. Thank you, Eric!
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
- 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