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Client Reviews
Shelby, TX
I found the team at Texas Royalty Brokers to be honest, competent, and focused on my needs. I plan on using them again and would not hesitate to recommend them.
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.
Karnes, TX
Emily and Eric did a wonderful job of marketing and selling my minerals. They were very helpful during the whole transaction. I couldn’t have asked for a better deal!
Karnes, Tx
We had an amazing experience with Emily and Eric. They were professional and knowledgeable in handling our deal and exceeded our expectations. We even experienced an issue on our end that they helped walk us through and resolve quickly! I would definitely use them again!
La Salle, TX
They were so Great… always up front, they did all the work and we got a very fair price… Didn’t have to bother with all the calls of other brokers with bait and switch offers. TRB are the Only way to sell your royalties and get a fair price.
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Listing Title
Ward County Texas - Buy Mineral Rights
Listing ID
401202
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.
Listing Maps
Listing Files
Please click the download button below to view the listing files. Listing files include maps, check stubs, and other documentation.
Listing Details
Starting Bid: $89,500
- State : Texas
- County : ward
- Legal Location : Section 11, Block 1, Abstract 321
- Net Acres : 7.88
- Active Lease : Yes
- Royalty Rate : 12.5%
- Producing : yes
- Average Income : $607/Month
Comments:
Update 9/9/24:
Sold
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Update 8/16/24:
Under contract
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Here is a great property in Ward County, Texas. We believe this owner has 7.88 NRA in the Traube 1-11 unit with 315 acre spacing.
In this unit there are 2 active horizontal wells. There are several permits in the units surrounding the Traube 1-11 unit and we believe there is plenty of upside in this acreage for several additional wells in the near future.
The average monthly income for these mineral rights is $607/Month and we believe that the current lease has a 1/4 royalty rate. We have included previously recorded leases in the documents.
This is a great piece of property offering consistent income and ample upside for a buyer.
For this listing, we are requiring the following:
- Special Warranty Deed
- 30 Day Close
- Any adjustments to purchase price over 10% must be mutually agreeable on a tract by tract basis.
- Our closing process included in the PSA, which is: At closing, buyer will provide the mineral deed. The seller will execute the mineral deed and return it to Texas Royalty Brokers. Texas Royalty Brokers will provide buyer with a scanned copy of the deed, and buyer will then wire funds to seller and Texas Royalty Brokers respectively. Once funds are confirmed, Texas Royalty Brokers will overnight the deed to the Buyer.
- Buyer must close within 14 days or sign our qualified buyer agreement.
We will begin accepting offers on Tuesday, August 6th.
To view/download the listing files, please visit the link below:
All buyers are required to either do a 14 day close or sign our qualified buyer agreement once a deal has been verbally agreed upon. In certain situations, we may require a $5,000 to $10,000 earnest deposit at the sole discretion of Texas Royalty Brokers.
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 8/6/2024