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Client Reviews
Martin, TX
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!
Webb, TX
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.
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.
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Listing Title
Listing ID
401107
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: $4,250,000
- State : Texas
- County : ward
- Legal Location : Multiple, please see attached listing files.
- Net Acres : 281.1
- Active Lease : Yes
- Royalty Rate : 25%
- Producing : yes
- Average Income : $18,250/Month
Comments:
Rare opportunity to buy a substantial amount of acreage in Ward County Texas. Located in the heart the Permian Basin, this acreage is currently producing an average of $18,250/month. Most of this royalty income is well past flush production and very consistent.
This acreage is spread out over multiple spacing units in multiple locations within Ward County Texas. Please see the attached files for a list of all the legal locations included in this sale. There is a diversified mix of producing acreage, leased acreage, and permitted acreage with rigs nearby. In many locations there is room from a lot of additional drilling to occur. This represents substantial upside to the buyers of these mineral rights.
The sellers have title work on most of the acreage. It will be up to the buyer to run title and determine the mineral rights ownership in Ward County Texas. All bids should be based upon 281.1 net mineral acres leased at 25%.
This seller also has additional acreage within Ward County that is not included in the sale. Deeds will need to be very specific to only include those locations included in the attached documents.
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.
