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Client Reviews

Gonzales, TX

June 7, 2024

Working with Texas Royalty Brokers was seamless. They are helpful, communicative, transparent, and efficient. I did a sale on my own and one with Texas Royalty Brokers and would recommend doing the process with them!

Crystal C.

McMullen, TX

June 3, 2024

Texas Royalty Brokers is an outstanding firm that went above and beyond my expectations.

Eric and Emily were able to negotiate the value of my minerals more than I expected to receive, as well as, expedite the process with ease.

I am thankful for all their hard work.

If you’re considering selling minerals in Texas, do yourself a favor and contact them.

Matthew P.

San Augustine, TX

May 31, 2024

I cannot say enough positive things about my experience with Texas Royalty Brokers! Eric was always responsive to my many questions and guided me expertly through what was a foreign process to me. I highly recommend Texas Royalty Brokers to anyone who is interested in selling mineral/royalty rights.

Jan P.

Hemphill, TX

May 29, 2024

Eric and Emily were awesome! Very professional, informative and kept me informed and up to date on proceedings. Had a great experience!

Diane M.

Reeves, TX

May 1, 2024

Texas royalty brokers did a fabulous job getting my property sold efficiently professionally and quickly. Eric and Emily were prompt with returning calls and emails and made the entire transaction seamless! I would certainly use them again.

Lindsay F.

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Listing Notifications

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Listing Title

Wise County Texas Mineral Rights for Sale

Listing ID

401159

Listing Status

not available

Accepting Offers on 7/6/2023
  • Listing Posted - complete
  • Listing Evaluation - complete
  • Accepting Offers - complete
  • Client Review - complete
  • Best and Final - complete
  • 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 : $7,464/Month
Comments:

Update 5/14/2024

This listing no longer available.

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Update: 5/9/2024

The last couple months of royalty income were March coming in at $7,804 and April coming in at $6,856/month.  The most recent 3 month average is now $7,464.

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Update:  3/5/2024

The most recent royalty check was $7,773.  The 6 month average now sits at $8,950/month.  The public files at the link in the description are updated with the most current documentation.

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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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