Mineral Rights Value in Texas in 2024
Are you ready to learn more about mineral rights value in Texas? This guide will help you get a better understanding of mineral rights value in Texas. If you are interested in selling mineral rights in Texas, we’ll show you how to sell for maximum value.
One of the most challenging parts about being a mineral owners if finding reliable information. At US Mineral Exchange our goal is to help educate mineral owners about their mineral rights. Even if you do not use us to sell mineral rights, the information you find on our website will be an extremely valuable resource. At the bottom of this page you will find a guide that provides more information. If you want to know more about mineral rights value in Texas bookmark this page!
Estimate Mineral Rights Value in Texas
It can be difficult to impossible to estimate mineral rights value in Texas. The reason is that there are many factors that play a role in the value. However, there are some general ballpark estimates we can use to estimate mineral rights value. It is important to point out that the estimates provided below are simply that, an estimate! If you have an offer to sell mineral rights we can nearly always find you a higher price!
To estimate mineral rights value in Texas, you first need to determine what type of property you have. Depending on the status of your property we will estimate mineral rights value in Texas differently.
Producing Mineral Rights Value in Texas
If you get a monthly royalty check you have producing mineral rights. One of the easiest ways to estimate value is based upon cash flow. The royalty income you get each month can be a good indication of the mineral rights value in Texas, but not always. As a general rule of thumb, you can expect to sell mineral rights in Texas for 4 years to 6 years times the average monthly income. HOWEVER, please keep in mind many factors could cause your property to be worth more or less. Especially in Texas, producing oil and gas royalties can go for significantly more!
To estimate mineral rights value in Texas, simply take gather your last 3 months of check stubs. Then find the average amount you have received from the last 3 months. You can then plug your average monthly income into the calculator below:
Keep in mind that this estimate is based on the royalty income only. If more wells can be drilled on your property you may get offers significantly higher than this estimate. If you have a higher offer to sell mineral rights do not simply accept the offer. Make sure you are getting a fair offer to sell mineral rights by listing at US Mineral Exchange.
Leased Mineral Rights Value in Texas
If your mineral rights are currently leased, this means that that an oil and gas operator has identified your mineral rights as a possible target area for drilling new wells. While there is no guarantee a new well will be drilled, it is at least in an area where an operator sees future value. This is a good thing. With that said, we hear from many mineral owners that they have been leased for decades but no one has ever drilled a well on their mineral rights. This is not unusual but does impact the future value. When considering selling leased mineral rights that are not receiving royalty income, the general rule of thumb is approximately two to three times your last lease bonus. For example, if you were paid $1,000/acre to lease your mineral rights and you are not receiving royalty income, you could expect to sell for $2,000 to 3,000/acre.
Non-Producing Mineral Rights Value in Texas
If your mineral rights are not leased or producing you have non-producing mineral rights. Unfortunately if you have non-producing mineral rights there will typically be little to no value. As a general rule of thumb, the value for non-producing mineral rights will nearly always be less than $1,000/acre. In most cases, the mineral rights value in Texas for non-producing minerals will be $0 to $250, but producing minerals – $25,000+ per acre is not unusual. It really depends on how long ago you were leased or if you have current offers. The reason non-producing mineral rights don’t have much value is because the upside is very low. A mineral rights buyer could purchase the mineral rights but then be stuck holding them for years with no return on investment.
Offer to Sell Mineral Rights?
Do you have an offer to sell mineral rights in Texas? If so, be cautious accepting an offer until you know it represents fair market value. While an offer can be a good indication of mineral rights value in Texas, there is nearly always a better price available. We see a lot of mineral owners make a common mistake. They gather up a few offers using the shotgun approach and then quickly sell below market value. Before you sell below market value consider listing mineral rights at US Mineral Exchange to ensure you sell for maximum value.
Maximize Mineral Rights Value in Texas
If you want to maximize mineral rights value in Texas we can help. US Mineral Exchange was created specifically to help you sell mineral rights for the best price possible. We are able to do this by getting your property in front of thousands of buyers. This the best way to get a fair price for selling mineral rights. There are literally thousands of mineral buyers. Your goal to get the best mineral rights value in Texas is to get your mineral rights in front of these buyers. When mineral buyers compete against one another to pay you the highest price you win! These buyers will bid against on another and drive the price up. This ensures you sell for the maximum mineral rights value in Texas.
Sell Mineral Rights in Texas at US Mineral Exchange
If you want to sell mineral rights in Texas at US Mineral Exchange simply fill out the form at the bottom of this page. We have written comprehensive articles the describe what to expect after listing, the cost to list, and the required documents to list. Our goal is to provide you with a transparent and simple process to sell mineral rights in Texas for maximum value.
Be sure and read through our Success Stories. We are the highest rated mineral and royalty broker in Texas. No need to take just our word for it though! Our clients tell our story.
Contact US Mineral Exchange
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