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Client Reviews

Borden & Dawson, TX

Rated 5.0 out of 5
December 2, 2023

I am convinced working with Texas Royalty Brokers resulted in maximizing the amount I sold my mineral interests for. They were engaged and responsive throughout the sale process, willing to discuss any concerns or requests, and also provided sound advice based on their past experience. If I ever consider selling additional minerals in the future, Texas Royalty Brokers will be my first choice to market them.

Bill L.

Martin, TX

Rated 5.0 out of 5
October 26, 2023

Eric W. was extremely helpful and patient with all the questions we had. Once we decided to sell, he guided us through the process, which was quick and seamless. We’re very satisfied with our outcome. Highly recommend this group if you are looking to sell your mineral rights.

Annalisa C.

Howard, TX

Rated 5.0 out of 5
August 15, 2023

Recently, I inherited some mineral rights and soon began receiving offers in the mail. Being new to the whole process, I was quite unsure about the best steps forward. After conducting some research, I decided to list the rights with Texas Royalty Brokers, and it was the best decision I made! The team provided me with comprehensive knowledge about the market, ensuring I had all the data in front of me to make an informed decision. Not only were they professional and thorough, but also transparent in all our dealings. The result? The offers I got through Texas Royalty Brokers were substantially higher than any of those I received in the mail. For anyone navigating the complex world of mineral rights, I can’t recommend Texas Royalty Brokers enough. Their expertise and commitment to clients are unmatched. The outcome speaks for itself. Thank you, Texas Royalty Brokers, for making this experience smooth and profitable!

Alexis H.

Reeves, TX

Rated 5.0 out of 5
July 17, 2023

Texas Royalty Brokers truly understood the value of my minerals and worked tirelessly to secure a deal that left me pleasantly surprised. They kept me informed throughout the process, with no confusing jargon or hidden agendas. Just honest and straightforward communication.

Albert K.

Reagan, TX

Rated 5.0 out of 5
May 11, 2023

Eric and his company did a fantastic job throughout my entire selling process. They are very knowledgeable, gracious, and efficient. Eric personally went above and beyond in communication to me and my family and I would recommend him and his company to anyone. I’m incredibly satisfied.

Sean G.

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Listing Notifications

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Listing Title

Wise County Texas Mineral Rights for Sale

Listing ID

401159

Listing Status

active

Accepting Offers on 7/6/2023
  • Listing Posted - complete
  • Listing Evaluation - complete
  • Accepting Offers - in progress
  • 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: $750,000

  • State : Texas
  • County : wise
  • Legal Location : Various, please see attached files and maps.
  • Net Acres : 137.90
  • Active Lease : Yes
  • Royalty Rate : 12.5%
  • Producing : yes
  • Average Income : $8,600/Month
Comments:

Update:  2/6/2024

The most recent royalty statement came in at $8,490.

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Update:  1/8/2023

The most recent royalty statement came in at $8,884.

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Update:  12/14/2023

The most recent royalty statement shows $9,678.  Our average is now at $8,556/month.  The latest statements have been hovering around $9,500/month.

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Update: 11/2/2023

The most recent royalty statement shows $9,470.  Our average is now sitting at $8,512/month with latest statements nearly $1K/month higher.

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Update:  10/5/2023

The most recent royalty statement shows $9,491 of income.   This brings the 5 month average income to $8,326/month.

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Update: 9/18/2023

The seller has reduced the asking price to $750,000.

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Update:  9/12/2023

The latest check stub has been attached to the listing. We’re at $8,035/month average currently based on just the last 4 months of most current income.

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Update:  8/2/2023

The latest check stub has been attached to the listing. We’re at $9,119/month average currently.

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Update:  7/24/2023

Price Reduction:  This listing has been updated from $1,425,000 to $1,050,000, or a 25% price reduction.

We have updated the files to include the June 2023 check stub of $8,401.  In addition, we updated the average royalty income to reflect $9,638/month.  This is based on the last 3 months of production and we feel this number is a more accurate reflection of the current income vs the trailing 12 month which included high checks from 2022.  Note that in 2022, this interest was averaging over $15K/month before two new wells came online.

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This is an exceptional opportunity to buy some PDP acreage in Wise County Texas.

This ownership includes multiple units providing, including old vertical wells, horizontals just past flush production, and 2 brand new horizontal wells.

If you are bullish long term on gas prices, this is an opportunity to buy some very nice gas production in Wise County operated by BKV. In the attached revenue summary, we are showing $17,127/month on average over the last 12 months.

It appears that all of the horizontal wells are either allocation wells or PSA wells.  Looking at the old vertical wells, we would estimate they have around 138 net royalty acres.   We are not representing any specific number of net royalty acres for this listing, just providing our estimated number of acres based on the old vertical wells.

As this is a fully PDP deal, all offers should be based upon cash flow alone.  There will be no adjustments based on title unless mutually agreeable.

The seller would like to start negotiations at $1,425,000.

Note:  The seller may own land in this area.  This sale is for mineral rights only, no land shall convey.

To view/download the listing files, please visit the link below:

Download Files

We will begin accepting offers on Thursday, July 6th.

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.

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