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Client Reviews
Reagan, TX
Eric and his company did a fantastic job throughout my entire selling process. They are very knowledgeable, gracious, and efficient. Eric personally went above and beyond in communication to me and my family and I would recommend him and his company to anyone. I’m incredibly satisfied.
Dimmit, TX
Worth every penny! I can’t say enough about what a pleasant experience this was, thanks to Eric Winegar. Being completely unfamiliar with how to go about selling our family’s mineral interests, I had no idea where to begin. Then I received a brochure in the mail from Texas Royalty Brokers. It answered many of my questions (as well as some I didn’t know I should have), so I checked out their website. I found a wealth of information there as well, so I filled out their online inquiry form. I quickly heard from Eric, provided a few royalty check stubs, and from there he literally took care of everything else.
Eric explained every step of the process along the way and answered all my rookie questions with the utmost professionalism. His experience and expertise in this industry is invaluable and I could not have imagined an easier process.
Panola, TX
Eric Winegar was incredible. He took time to pull together data and explained in great detail the specifics of our mineral interests. We had an offer that could have potentially been a horrible mistake and Eric saved the day! We are so grateful for the time he took to put everything together and explain it to where we could understand it. He is so knowledgeable!
Panola, TX
Eric is First class, educational and honest. We had been offered a substantial amount for one of our mineral rights by mail. I was uncomfortable because the amount didn’t add up for me and I reached out to Texas Royalty Brokers for a second opinion. Eric took the time to explain the process, what he thought he might be able to do given the information he had at the time (which was no more than the offer letter I had been provided). I decided to give Eric a shot at the second opinion and sent in all the information required. Eric reviewed the information, did a substantial amount of research and scheduled a conference call.
Eric took the time to explain , with supporting maps and documentation, why selling was a bad idea for us. I learned more in a 30 minute conversation with Eric than I had in the three years since we inherited the royalties. Long story short, he saved us from making a several hundred thousand dollar mistake. He didn’t have to take the time educate us but he did. I highly recommend Eric and his team and will definitely use Eric if the time ever becomes right to sell.
Karnes, TX
Eric, it was a pleasure working with you! The outcome and timing was precisely as expected and communication was every bit on point. I thank you, my family thanks you! I will keep in touch. Respectfully,
The Trial’s
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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 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