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Client Reviews

Gonzales, TX

June 7, 2024

Working with Texas Royalty Brokers was seamless. They are helpful, communicative, transparent, and efficient. I did a sale on my own and one with Texas Royalty Brokers and would recommend doing the process with them!

Crystal C.

McMullen, TX

June 3, 2024

Texas Royalty Brokers is an outstanding firm that went above and beyond my expectations.

Eric and Emily were able to negotiate the value of my minerals more than I expected to receive, as well as, expedite the process with ease.

I am thankful for all their hard work.

If you’re considering selling minerals in Texas, do yourself a favor and contact them.

Matthew P.

San Augustine, TX

May 31, 2024

I cannot say enough positive things about my experience with Texas Royalty Brokers! Eric was always responsive to my many questions and guided me expertly through what was a foreign process to me. I highly recommend Texas Royalty Brokers to anyone who is interested in selling mineral/royalty rights.

Jan P.

Hemphill, TX

May 29, 2024

Eric and Emily were awesome! Very professional, informative and kept me informed and up to date on proceedings. Had a great experience!

Diane M.

Reeves, TX

May 1, 2024

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.

Lindsay F.

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Listing Notifications

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Listing Title

Shelby County Texas - Mineral Rights For Sale

Listing ID

401184

Listing Status

not available

Accepting Offers on 4/9/2024
  • 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:

Download Files

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.

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