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Client Reviews
Martin, TX
Working with Eric to help our family sell our oil rights was such a great experience and definitely the right decision for our family. From our first consultation over the phone, Eric laid out a road map of the process that was accurate, but also gave us the ability to make our own decisions along the way.
After negotiating with many potential buyers on our own, we were not able to get the price we were looking for to sell. However, once we hired Eric and his team to market our rights to all potential buyers in the market, we were able to sell at a much higher price and increase our take home net by over $100,000. I would definitely recommend Eric and Texas Royalty Brokers if you are concerned about under selling the value of your oil rights. His processes were clear, his service was outstanding, and his value to the transaction was worth his commissions!
Thank you for guiding us through the process Eric. We greatly appreciate you and your hard work!
Webb, TX
Amazing experience! Eric is a pro! We got a full price offer and closed within 2 weeks of listing. I will only work with Eric Winegar and Texas Royalty Brokers in the future.
Howard, TX
The team at Texas Royalty Brokers were so easy to work with. They made what sounds like a very confusing process, clear and straightforward. They were incredibly responsive and kind people to work with. I definitely recommend their services!
Tarrant, TX
A great and straightforward experience. They answered all questions and made the process quick and easy. I highly recommend their services.
Howard, TX
I engaged Texas Royalty Brokers to market my mineral interest after I received an unsolicited offer. They got me almost 2x the original offer, and they were professional and transparent through the entire process. Definitely plan to use them again.
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Listing Notifications
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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.
