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Client Reviews
Howard, TX
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!
Reeves, TX
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.
Reagan, TX
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.
Dimmit, TX
Worth every penny! I can’t say enough about what a pleasant experience this was, thanks to Eric Winegar. Being completely unfamiliar with how to go about selling our family’s mineral interests, I had no idea where to begin. Then I received a brochure in the mail from Texas Royalty Brokers. It answered many of my questions (as well as some I didn’t know I should have), so I checked out their website. I found a wealth of information there as well, so I filled out their online inquiry form. I quickly heard from Eric, provided a few royalty check stubs, and from there he literally took care of everything else.
Eric explained every step of the process along the way and answered all my rookie questions with the utmost professionalism. His experience and expertise in this industry is invaluable and I could not have imagined an easier process.
Panola, TX
Eric Winegar was incredible. He took time to pull together data and explained in great detail the specifics of our mineral interests. We had an offer that could have potentially been a horrible mistake and Eric saved the day! We are so grateful for the time he took to put everything together and explain it to where we could understand it. He is so knowledgeable!
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Listing Title
Wise County Texas Mineral Rights for Sale
Listing ID
401159
Listing Status
active
- 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 : $9,119/Month
Comments:
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 $8,468/month average currently based on just the last 3 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:
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.
Accepting Offers on 7/6/2023