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Client Reviews
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.
Karnes, TX
After several months of researching the process of selling mineral rights, as well as researching several land/mineral brokers, I filled out the contact form for Texas Royalty Brokers. I received a reply from Eric Winegar almost immediately. From the start, Eric was easy to work with and I always felt that he was truly working with my best in mind. Throughout our numerous emails and phone calls, he was always courteous and professional and answered every question I asked. Some more than once! I was provided with all the drilling maps and financial information he used to determine the listing price and future drilling potential.
Once I accepted an offer, he handled all of the paperwork and walked me through every part of the process. And, when we ran into a snag (which he had prepared me to expect) and I started to question my decision to sell, he was so respectful of my indecision and provided me with all the information I needed to reassure myself that I was making the right decision. I can’t thank him enough. I wouldn’t hesitate to recommend Texas Royalty Brokers to anyone interested in selling their mineral interests.
Howard, TX
16 years after inheriting Howard County mineral rights, and recently receiving increasing unsolicited purchase offers, we made the decision to sell. After thoroughly researching brokerage firms we decided to contact Texas Royalty Brokers which was a highly beneficial move. Eric could not have been easier to work with and we felt a strong fiduciary relationship throughout the entire process. Numerous phone calls and discussions were handled in a prompt, professional manner with precise explanations and valuable information offered, all delivered in a stress free environment. We feel that Eric went above and beyond our expectations and was a significant factor in our successful sell. We highly recommend Texas Royalty Brokers and Eric Winegar and would not hesitate to work with them in any future endeavors.
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Listing Title
Buy Minerals in Tarrant County Texas
Listing ID
401133
Listing Status
sold
- 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 in the listing evaluation phase for these mineral rights. We will begin accepting offers on Wednesday, August 24th.
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: $500,000
- State : Texas
- County : tarrant
- Legal Location : Abstract 531, SCT Ford Survey & Abstract 639 J. Hibbons Survey & Abstract 1956 I&GN RR CO Survey
- Net Acres : 239.23
- Active Lease : Yes
- Royalty Rate : 12.5%
- Producing : yes
- Average Income : $12,448/Month
Comments:
These mineral rights have been sold.
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Update: 9/13/2022
The seller has provided the August 2022 check stub, which was $16,000. This takes the average monthly royalty income up to $12,448/month. In the link below, you can see the August 2022 check stub as well as an updated revenue summary.
The seller has also decided to lower the starting bid price. The starting bid price is now $500,000. The seller has confirmed they will sell at $500,000 or better for 100% of this ownership.
Best and final bids are due by end of day on Monday, September 19th.
____________________________________
The Sampson Family Limited Partnership has retained Texas Royalty Brokers to market nearly 240 net royalty acres in Tarrant County Texas.
If you have been looking for a deal that is fully PDP from gas production, this is it!
These mineral rights are producing a solid royalty income of nearly $12,000/month from 5 vertical wells and 2 horizontal wells. These wells are consistent producers that are well past their initial decline. The buyer of these mineral rights is going to get a strong royalty income stream for years to come as these wells continue to produce solid returns.
On the latest check stub, gas was paying out at an average of $6.50/MCF. Current gas prices are approaching nearly $9/MCF. While the price of oil has declined, natural gas prices have remained extremely strong. As we enter the winter months with already high gas prices, this ownership may provide some excellent returns for the buyer.
You can download the available listing files here.
Due to the fact there is no upside remaining in this ownership, all bids should be on a cash flow basis. No adjustments will be allowed at closing for any reasons related to title unless the adjustment is mutually agreeable to the seller. Please make all bids based on the cash flow currently being generated.
Note: The seller will keep the August check. The September check forward will go to the buyer depending on when this goes under contract.
We will begin accepting offers on Wednesday, August 24th.
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 8/24/2022