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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
Shelby County Texas - Mineral Rights For Sale
Listing ID
401184
Listing Status
not available
- 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.
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: $342,500
- State : Texas
- County : shelby
- Legal Location : Multiple locations
- Net Acres : 121.76
- Active Lease : Yes
- Royalty Rate : 12.5%
- Producing : yes
- Average Income : $320/Month
Comments:
Update 6/24/2024:
Title failure
____________________
Update 4/29/2024:
This property is no longer available for sale.
____________________
Great properties in Shelby County, made up ownership in 4 units. These properties are owned by siblings, who are each selling their equal ownership.
We believe the owners have a combined 121.76 net mineral acres, or 60.88 net mineral acres each.
These properties produced a combined average of $320/Month in royalty income.
These owners have properties in other locations, but are not selling those properties in this listing. We are only listing what is conveyed below:
J. Metcalf Unit:
We believe the owners have a combined 6 net royalty acres in this unit. There is 1 active and 1 inactive well in this 694 acre unit
Mylin Unit:
We believe the owners have a combined 13.4 net royalty acres in this unit. There is 1 active well in this 732 acre unit.
Shull Unit:
We believe the owners have a combined 67.92 net royalty acres in this unit. There is 1 active well in this 353.54 acre unit, meaning there is upside potential for additional wells to be drilled here.
Rhine Unit:
We believe the owners have a combined 34.44 net royalty acres in this unit. There is 1 inactive well in this 428.36 acre unit, which has not produced since April 2023. This acreage is going to need to be drilled on again in the very near future, the well will need to be recompleted, or you may have an opportunity to lease this acreage again in the near future.
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 9th.
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 4/9/2024