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Lea, NM
Wonderful experience! Highly recommend the Texas Royalty Brokers
Hemphill, TX
Emily and Eric are fantastic and very helpful. I know nothing about royalties, etc. They made it so easy, quick and painless. 5 out of 5 stars for sure!!!!
Lavaca, TX
Texas Royalty Brokers assisted me in a sale; they were straightforward and clear on the process; answered every question I had along the way….I would recommend them…
Shelby, TX
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Atascosa, TX
Around a year ago I received a brochure from Texas Royalty Brokers. I held on to it till this year. In speaking with the team at Texas Royalty Brokers it was clear to me to use their expertise. They were extremely knowledgeable and helpful in guiding me through this extensive process. I could completely recommend them to anyone interested in selling their minerals.
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Listing Title
Upton County Texas Mineral Rights for Sale
Listing ID
401106
Listing Status
sold
This listing has been SOLD. Please visit our listings page and set the status filter to “Active” to see currently active listings. If you want to buy mineral rights in Texas, sign up for listing notifications to receive emails when new listings are posted.
- 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.
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Listing Files
This listing has been sold. To protect our client’s privacy, the listing files are no longer available for download.
Listing Details
Starting Bid: $750,000
- State : Texas
- County : upton
- Legal Location : A-558, Section 30 and A-377 Section 53
- Net Acres : 63.9
- Active Lease : Yes
- Royalty Rate : 25%
- Producing : yes
- Average Income : $5,250/Month
Comments:
Prime opportunity to purchase mineral rights in Upton County Texas. The owner of this property has had this acreage in their family for generations. Originally farm land, this acreage is now the home to 3 new horizontal wells that are generating a very nice stream of royalty income. In addition to these three wells, there are 3 active permits that were just filed within the last couple months indicating that the operator will be drilling 4 additional wells on this acreage.
This is a great opportunity to buy mineral rights in Upton County Texas that have current PDP value as well as future value from PUD wells.
The owner has received numerous offers over the last few weeks after the new drilling permits in Upton county were filed. The sellers are firm at $750,000 or better for this acreage. All bids should be based upon 63.9 acres leased at a 25% royalty rate.
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.
