If own mineral rights in Texas you’re among the thousand of mineral owners in the state. The state of Texas is home to a large number of mineral owners and many are curious about value. The mineral rights value in Texas depends on a number of factors. Each factor plays a role in how much your mineral rights are worth.
We are going to help break down the factors that affect mineral rights value in Texas and help explain how to get maximum value for selling mineral rights in Texas. If you have questions about mineral rights value in Texas, fill out the form at the bottom of this page. At Texas Mineral Group our goal is educate mineral owners and help them better understand their mineral rights.
Factors Affecting Mineral Rights Value in Texas
As a mineral owner, figuring out mineral rights value in Texas can be confusing. You could visit a thousand website and never find anyone that can explain the value of mineral rights. There are two primary reasons that there is no Zillow for mineral rights type service that can quickly tell you the value. The reasons you won’t find the value online are:
1. Mineral rights transactions are kept private. When a mineral rights sale takes place the dollar values are not recorded publicly. This means there is no efficient way to aggregate information about mineral rights being sold.
2. The price of mineral rights is fluctuating constantly based on the factors we will discuss below. All of these factors plus timing can make a huge difference in mineral rights value in Texas.
Here are some of the factors that will strongly affect mineral rights value:
- Location within the county
- Surrounding Production
- Unit Size
- Current Oil Prices
- Oil and Gas Operators in the area
- Lease Terms
- Royalty percentage
- Lease Term
- Lease Bonus Amount
With so many factors playing a role in determining mineral rights value in Texas it can be very difficult to estimate value. However, if you want to determine the mineral rights value in Texas we can show you how.
Determine Mineral Rights Value in Texas
If you want to determine the mineral rights value in Texas, you first need to know what type of mineral rights you own. The mineral rights value in Texas will be strongly influenced by whether you own producing or non-producing mineral rights.
If you own producing mineral rights it means you are receiving oil and gas royalties checks in Texas. If you do not currently receive oil and gas royalties checks, this means that you own non-producing mineral rights. Since the value is different for each, read the section below that corresponds to the type of mineral rights you have.
How to Value Producing Mineral Rights
If you own producing mineral rights and receive royalty checks each month, determining the mineral rights value in Texas is easier. The reason is that your royalties payments can be used to estimate the value. In most cases a royalty buyer is willing to pay somewhere between 4 years and 6 years times the average amount you receive each month. The factors mentioned above will affect that value but 4 to 6 years is a good estimate.
How to Value Non-Producing Mineral Rights
To even make a guess at the value of non-producing mineral rights is extremely difficult. The reason is that all of the factors above will play a critical role in how much your mineral rights are worth. The mineral rights value in Texas could be anywhere from just $50/acre to $5,000+/acre depending on what county your property is located in. If you want us to provide you with a more accurate estimate, fill out the form at the bottom of this page and we’ll let you know what we have seen based on our experience.
How to find the exact value of mineral rights
If you want to find the exact value of mineral rights there is really only one way. To find mineral rights value in Texas you will need to put your property on the market for sale. This will allow the market to tell you what the exact value of your mineral rights is. Because there are so many factors that affect value, the only way to know 100% for sure what your property is worth is to sell it.
When you sell mineral rights in Texas it’s extremely important that you get your property in front of a large number of mineral rights buyers. This is important because when you only talk with one or two buyers you aren’t likely to find the highest price. If you want to get maximum value when you sell mineral rights in Texas you need to create competition among buyers. This competition drives prices higher ensuring that you get fair market value when you sell mineral rights in Texas. If you are currently considering an offer to sell mineral rights, it’s in your best interests to see what other offers are out there.
How to Sell Mineral Rights in Texas
If you want to sell mineral rights in Texas and get maximum value we recommend listing your property at US Mineral Exchange. The reason we recommend you list with them is that putting your property online allows multiple buyers to compete for your property. As we mentioned before this competition drives up prices and puts more cash in your pocket when you sell mineral rights in Texas. We’ve spoken to a number of mineral owners who listed at US Mineral Exchange and quickly received multiple offers. They were able to evaluate each offer and pick the highest one.
Another key benefit to listing at US Mineral Exchange is working with qualified buyers. When you do a quick google search for mineral rights buyers, you’ll find literally thousands of buyers. How do you know who to trust? How do you know you’re working with a reputable company who won’t take advantage of you? How do you know someone isn’t flipping the property on you? You can avoid all the pitfalls of selling mineral rights in Texas by listing at US Mineral Exchange who works only with qualified buyers. They will help you walk you through the entire process and help you avoid making any costly mistakes.