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Client Reviews
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.
Reeves, TX
My experience with Texas Royalty Brokers was excellent. Communication at every step in the process was maintained. The price received for the royalties exceeded our expectations. The entire process was completed in six weeks. I’d recommend Texas Royalty Brokers to anyone that considers selling.
Harrison, TX
Texas Royalty Brokers was easy to work with and were able to answer all of our questions quickly. We had a pleasant experience working with them.
Howard, TX
Working with Eric Winegar was a wonderful experience. He was always available to answer questions and helped get us to our closing quickly. I would definitely work with him again.
Ector, TX
I have had several correspondences over the recent past with Eric. Five stars is simply not enough! Navigating and trying to understand the mineral interests I inherited has been daunting, and further crazy with offers of purchase. Not knowing what to do or what to expect, I reached out to Texas Royalty Brokers and fortunately Eric responded to my inquiries. Has has been informative, up front, he has researched and quite honestly, has gone way above and beyond any expectations I had. Thank you, Eric!
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Listing Title
Winkler County Minerals for Sale
Listing ID
401119
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: $5,750,000
- State : Texas
- County : winkler
- Legal Location : Various, see attached.
- Net Acres : 328.57
- Active Lease : Yes
- Royalty Rate : 25%
- Producing : yes
- Average Income : $52,300/Month
Comments:
Once in a lifetime buying opportunity in Winkler County. The family that owns these mineral rights has owned them for generations! They have decided to sell to capitalize on the tax advantages of selling mineral rights and to diversify their income away from being so oil and gas heavy.
This ownership is spread out over 4 different sections and is within 2 units. There are currently two (2!) rigs on site. These rigs just recently completed drilling within one unit and have now moved onto the second unit. This listing has a little bit of everything:
- Rig actively drilling
- Current flush production
- Older stable production
- DUC wells
- Completed wells
We expect that by the time drilling is completed, this acreage will be 100% PDP meaning this is a cash flow dream. While there is a lot of flush production, there will be a huge amount of royalty income being generated in the next 3 to 5 years.
Please note that the sellers have requested to keep their names confidential. All attached documentation has their information redacted for privacy purposes.
If you have any questions about the attached documentation, please contact us.
Based on the current income, immediate upside coming from drilling, and a recent offer they had from a reputable mineral buyer, they are interested in offers at or above $5,750,000. Any offers below $5,750,000 will not be entertained. Please verify that you are qualified buyer before submitting an offer.
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.
