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Nacogdoches, TX
Eric and his team were very knowledgeable and responsive to our needs and questions. The professionalism and integrity exceeded our expectations throughout the entire process. We highly recommend Texas Royalty Brokers!
Harrison, TX
I decided to work with Texas Royalty Brokers after reading several of their reviews. It was a good decision. They were prompt in their communication and straightforward in their assessments and follow through. I am quite pleased with the outcome and recommend them highly.
San Augustine, TX
I am so grateful for the guidance during the process of selling my mineral rights. This was a huge decision! Eric and his team are top notch professionals, answering any and all concerns/questions along the way. I would definitely recommend Texas Royalty Brokers!
Anderson, TX
I went into the listing and sale of mineral rights knowing nothing! TRB made the process easy. They explained every step of the process with frequent updates and were patient and prompt in answering any questions. I could not have navigated this process without them. I am truly grateful for their help and highly recommend TRB for anyone looking to sell their mineral rights.
Harrison, TX
I dealt with Emily and she did a wonderful job. She did research for me into the value of mineral rights and gave me the option to sell through them or to wait. I choose to hold on to my mineral rights for the time being but had a great experience working with her. I would definitely recommend to anyone needing help with their oil and gas mineral rights to give her a call.
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Listing Title
Buy Mineral Rights in Tarrant Texas
Listing ID
401127
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.
We are currently accepting offers for these mineral rights. You can submit a non-binding bid using the contact form at the bottom of this page.
Listing Maps
Listing Files
To view the available files for this listing, please download the zip file using the button below.
Listing Details
Starting Bid: $212,500
- State : Texas
- County : tarrant
- Legal Location : Abstract 602, Elijah Gibbs Survey, Abstract 1107, Johnson County
- Net Acres : 48.04
- Active Lease : Yes
- Royalty Rate : 12.5%
- Producing : yes
- Average Income : $2,840/month
Comments:
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Update: 6/24/2022
The seller has decided to hold onto the mineral rights.
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Update: 6/2/2022
The seller has reduced the starting bid price from $237,500 to $212,500, a $25,000 reduction in price.
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Update: 5/31/2022
We are now accepting offers for these mineral rights.
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Update: 5/21/2022
This owner has provided the May 2022 check stub. The revenue summary has been updated to reflect the new amount and the check stub has been added to the zip file for download. Please download the most updated zip file at the link above.
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This is an exceptional opportunity to buy mineral rights in Tarrant County Texas and Johnson County Texas. Situated right on the border, this acreage is in a unit that has 14 mature wells. This acreage has been a consistent producer and is well past the initial decline. The mineral buyer will get a nice stream of royalty income from this production.
The owner currently receives an average of $2,880/month in royalty income. Please note that on the most recent check stub gas was paying out around $5.75. Gas is currently north of $8. This represents a great opportunity as the royalty income from this production will go up in the near term. With inflation and a strong dollar, higher commodity prices are likely to stick around meaning the buyer could enjoy some great upside on this purchase.
The seller would like to start the bidding at $237,500 for selling 100% of their ownership.
All bids should be based upon the NDI listed on the check stubs. We have provided an ownership estimate of 48.04 net royalty acres. However, this is just an estimate and your bid should be based on the NDI listed on the check stubs.
These mineral rights will be in the evaluation phase until Tuesday, May 31st. No bids will be considered until we are accepting offers on May 31st.
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.
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.
