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Client Reviews

Martin, TX

Rated 5 out of 5
March 15, 2023

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!

Craig M.

Webb, TX

Rated 5 out of 5
February 27, 2023

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.

Jamie A.

Howard, TX

Rated 5 out of 5
January 3, 2023

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!

Bridget Z.

Tarrant, TX

Rated 5 out of 5
December 15, 2022

A great and straightforward experience. They answered all questions and made the process quick and easy. I highly recommend their services.

Robert S.

Howard, TX

Rated 5 out of 5
December 2, 2022

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.

Christopher W.

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Listing Notifications

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Listing Title

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.

Listing Maps

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.

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