Do you own mineral rights in Johnson County Texas? If so, you are in a very great location based on the amount of gas production. According to the Railroad Commission of Texas, you are in one of the top counties in the state! So what is the mineral rights value in Johnson County Texas? We get this question a lot from mineral owners who want to know the value of their mineral rights! This free guide will help answer your question!
How to Mineral Rights Value
The first thing to understand about the value of your mineral rights is that there is never an exact answer. The true value of your mineral rights is what a willing buyer is able to pay today to purchase your mineral rights. However, in some cases we can estimate the value of what your mineral rights are worth.
There are two primary types of mineral rights you could own. Producing mineral rights are when you receive royalty checks for your ownership. If you are getting monthly royalty checks, you have producing mineral rights. Non-producing mineral rights are when you own the mineral rights but you are not currently being paid for them. The value of each of these mineral right types is different.
Producing Mineral Rights
The value of producing mineral rights is based on the amount you receive each month from your royalty checks. When you sell mineral rights through an online platform like US Mineral Exchange, buyers will typically pay you between 4 years to 6 years times the average monthly amount you receive. To estimate the value of what your producing mineral rights are worth, enter the average amount you receive each month in the calculator below:
As you can see, there is a range for how much your producing mineral rights are worth! If you want to get the highest possible value, we recommend you get your property in front of a lot of buyers. These buyers will compete for your property which ensures you get the highest possible price.
Non-Producing Mineral Rights
If you own non-producing mineral rights, the value is more difficult to determine. The reason is that there are a lot of factors that determine the value of mineral rights. All of these factors make estimating mineral rights value in Johnson County Texas difficult. However, your mineral rights could be worth anywhere from $500/acre to $2,500+/acre depending on their location within Johnson County.
Where to Sell Mineral Rights
When mineral owners ask about mineral rights value in Johnson County Texas, it’s usually because they wish to sell mineral rights. We are often contacted with questions about the best place to sell mineral rights in Texas. We always recommend that people who sell mineral rights in Texas list with US Mineral Exchange. The reason is that you will get a fair price for your mineral rights by putting them in front of a large audience of buyers.
Many mineral owners make the mistake of talking with a 1 or 2 buyers, then accepting the first offer they receive. As a mineral owner, you want to ensure that you are getting the best price possible. When you let all the buyers in the market know that your mineral rights are for sale, you stand the best chance of getting the best offer! When mineral rights buyers compete, you win! This is why we recommend US Mineral Exchange as the place to sell mineral rights in Texas.