Why Texas Royalty Brokers?
Selling mineral rights doesn’t have to be complicated. At Texas Royalty Brokers, we handle every step of the process so you can get maximum value with zero stress.
Our team works hard to deliver real offers, real value, and real results.
★★★★★sellers
Texas Royalty Brokers
Popular Topics
Mineral Rights Report
Buyers
Receive new listing notifications?
Trusted by Mineral Owners
Frio, TX
A couple of months ag, I received a mail offer to give me $100,000+ for some mineral rights that I had forgotten I had. My first reaction was this was a scam, but it turned out to be real. I also figured that this offer might not be the best it could be. After some time with the web, it became apparent that this retired engineer was no lawyer and not cabable of dealing with this sale. I went looking for some help. I settled on Texas Royalty Brokers.
I was awed by their work:
— They did everything except me digging through my attic for any history I had and me getting the deed notarized.
— That included researching the needed data that I didn’t have in my attic, putting the listing on whatever market system royalty brokers use, and negotiating with the bidders. The bids were discussed with me before any action.
— The fee was a lot less than I was used to paying folks like lawyers to do things.
— The representative (Emily) that I worked with (over e-mail) was very personable, helpfull, and patient with my ignorance. I feel that we have become good friends.
— The final money sent to me was about $50,xxx more than the original offer. Not bad for around 10 hours on my part.
— The time from my first inquiry to money in the bank account was exactly 2 months – the majority of time being me read and understand all the contract stuff between us
I have no other experiance with with a mineral royalty brokers, but I cannot imagine a better one.
RBG
Denton, TX
For privacy, I won’t share the details but I can tell you that Emily and Eric are the best! We looked at multiple companies to help represent the sale of some aging oil and gas interest we still held. Very fast process, great offer, quicj close and funding. 10 stars.
Reeves, TX
My experience working with Texas Royalty Brokers has been exemplary. They exceeded my expectations. Highly recommended.
Reeves, TX
Texas Royalty Brokers did a fantastic job helping us sell our mineral interests. They were extremely knowledgeable, responsive, and transparent throughout the entire process. They explained everything clearly, kept us updated every step of the way, and helped us secure a very fair deal. We felt confident and well represented from start to finish. I highly recommend them.
Shelby, TX
Emily and Eric were extremely helpful throughout the entire process from start to finish. Very good at explaining the process and keeping me updated on where things were. Appreciate their help in making this a smooth and productive transaction!
Mineral Rights Report
State Specific Guides
Resources
Blog Categories
Free Consultation
Get expert advice on your mineral rights with no pressure and no obligation.
Listing Notifications
To receive notifications regarding new listings that are activated on our website, please enter your email address below.
Listing Title
Washington County Texas Mineral Rights for Sale
Listing ID
401158
Listing Status
not available
- Listing Posted - complete
- Listing Evaluation - complete
- Accepting Offers - complete
- Client Review - tbd
- Best and Final - tbd
- Under Contract - tbd
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: $112,500
- State : Texas
- County : washington
- Legal Location : Various, please see attached files and maps.
- Net Acres : 23.71
- Active Lease : Yes
- Royalty Rate : 12.5%
- Producing : yes
- Average Income : N/A
Comments:
Update: 6/29/2023 – No longer available for sale.
_______________________________
The owner has mineral rights located in two units within Washington County. These wells are operated by Magnolia who is currently drilling in surrounding areas. Both units have active permits surrounding the properties.
Currently the production from this well and the Bradley unit is very low with minimal income. The owner receives checks every few months.
The bulk of this ownership is in the Sara Beth 1 RE well, where they have a total of 22.85 net royalty acres. We are unsure about the lease rate so we are showing 12.5%.
For the Bradley unit, the seller has just .86 net royalty acres. However, this will likely be drilled on soon.
Please see the attached “Magnolia Letter and Co-Op Agreement”. This letter is addressed to the client’s mother (Shelly Epstein) who has a larger interest than our client. This letter appears to show intent my Magnolia to create a very large unit combining multiple units. They indicate directly that the plan is to drill 8 new wells in the Austin Chalk. Given the low production on the Bradley, it would make sense that this would be drilled soon.
The owner currently has an offer on the table from Magnolia for all of these mineral rights, including the Sara Beth, which shows further evidence that there are likely positive things happening on this acreage in the near future.
The seller, Seth Brand, also has 2 sisters with an identical interest. If the price is right, they may also consider selling as well so this deal could triple in size. The mother may also consider selling, but it is less likely.
The seller would like to start the bidding at $112,500 for the 23.71 net royalty acres.
To view/download the listing files, please visit the link below:
We will begin accepting offers on Tuesday, June 13th.
All buyers are required to either do a 14 day close, make a $5,000 deposit, or sign our qualified buyer agreement once a deal has been verbally agreed upon.
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 6/13/2023