Own mineral rights in Upton County Texas? Considering selling mineral rights? You’re in the right place. We’ll help you understand mineral rights Value in Upton County Texas (or anywhere in Texas). If you’re on the fence about selling, there are a lot of reasons why it can be the right decision for you. Before you do anything, carefully read the information available online and through this website. We’ve been in the oil and gas business for years. We know the common mistakes mineral owners make when trying to sell royalties or mineral rights. Bookmark this page to learn more about mineral rights value in Upton County Texas.
How to get the highest Value for Selling Mineral Rights
So you want to sell mineral rights, but you want to make sure you get a good deal. How exactly is that done you say? Well the first thing you need to know is that you should NEVER only talk to a single buyer when you sell mineral rights. Why? When you go to sell mineral rights, you want to get that property in front of a large number of buyers.
Consider the following example. Let’s say you own a car and you want to sell the car and get a fair price for it. Let’s pretend for a minute that you have no information available like Kelly Blue Book or Auto Trader that will give you an idea of the value. You put your one of a kind car up for sale and hope for the best. Would you expect to get the highest possible value for your unique car if only 1 or 2 buyers saw it? Now imagine you take that car to a location where EVERY BUYER that’s currently in the market is located. Wouldn’t that be a much better way to get the highest value? You would feel confident you got the highest price for selling your car because every buyer in the market knew it was for sale and could make an offer.
When you sell mineral rights, to get the highest value you need to get that property in front of every buyer in the market. How do you do this? It’s simple. We recommend listing your property online at US Mineral Exchange. The reason we recommend their service is because they will connect you to qualified buyers from all over the United States. We speak with mineral owners all the time who are interested in selling and have had great success at US Mineral Exchange. We recently had someone write in and tell us they had received a couple offers for $45,000 to sell their property. After listing with US Mineral Exchange, they had over 5 offers and finally accepted an offer that was over $75K. The reason their service works is that they bring all the buyers to a single location.
Estimating Mineral Rights Value in Upton County Texas
The only way to know for sure what your mineral rights are worth is to put them up for sale and get some offers in the door. However, many mineral owners we speak to simply want a rough idea of the value before they decide to sell mineral rights. If that sounds like you, the estimates below will help. The first thing you need to do is figure out whether you own producing mineral rights or non-producing mineral rights. Then you can get a rough idea of mineral rights value in Upton County Texas.
Producing Mineral Rights
If you have producing mineral rights, you are receiving royalty checks every month. Your royalty checks are an excellent way to gauge how much you could get for selling royalties. Simply fill in the first box below with the average amount you receive each month in royalty checks to determine the value:
Non-Producing Mineral Rights
If you own non-producing mineral rights, it’s a little more difficult to estimate the value. That’s ok though! We we can still give you a rough idea of how much selling mineral rights that are non-producing would be worth. You could expect to get anywhere from $500/acre to $2,500+/acre in Upton County Texas for selling mineral rights. However, the value could fall outside this range depending on where you are located within the county.