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Leon, TX
I had no idea how straightforward and very simple it would be to sell mineral rights in Texas. Texas Royalty Brokers, represented by Eric Winegar provided guidance on the complete process. Confirming exactly how the TRB website described each step of the sales process. Eric and his staff followed up immediately on every question I presented. I had limited information about the value of the mineral rights prior to the final offer presented which exceeded my expectations. Working with TRB, I became educated about the process of selling mineral rights and convinced me I would never try to sell without having the representation offered by Texas Royalty Brokers.
Midland, TX
I had an excellent experience working with Eric Winegar at Texas Royalty Brokers. Eric was professional, knowledgeable, and responsive. He clearly explained every step and made the process easy and stress-free. His attention to detail and commitment to getting the best outcome for me exceeded my expectations. I highly recommend Eric and Texas Royalty Brokers to anyone needing trustworthy royalty services.
Leon, TX
Texas Royalty Brokers did Everything they said they would do. They communicated often, they always answered my questions quickly and I had a lot of questions.
Very professional company. They negotiated a very good price for my mineral rights.
I would recommend them highly.
Winkler, TX
I had an excellent experience with Eric Winegar and Texas Royalty. I found him to be very knowledgeable about big and small aspects of the industry and of my particular situation. He also was very timely in communications. I highly recommend them based on my experience.
Pecos, TX
I had a very good experience working with Eric and his team. Eric was very professional and due to his knowledge added a lot of insight into helping me sell my mineral interests. I was kept well informed on a weekly basis and once there was a buyer, Eric continued to help me understand the process. From the start to the finish, during the entire process I wasn’t ever disappointed. Eric has a great deal of experience and knowledge of mineral values and he also has many connections in the industry. If you are interested in selling minerals you own, I highly recommend you contact Eric and the good folks at Texas Royalty Brokers.
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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.
____________________
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