# Lease or Sale Offer for Mineral Rights in Howard County Texas
**URL:** https://www.mineralrightsforum.com/t/lease-or-sale-offer-for-mineral-rights-in-howard-county-texas/49954
**Category:** Howard County, TX
**Created:** [August 18, 2019, 12:09am UTC](https://www.mineralrightsforum.com/t/lease-or-sale-offer-for-mineral-rights-in-howard-county-texas/49954 "2019-08-18T00:09:57Z")
**Posts on this page:** 2
**Page:** 1
### Author:  [@PaulZuefeldt](https://www.mineralrightsforum.com/u/PaulZuefeldt)
#### Post date: [August 18, 2019, 12:09am UTC](https://www.mineralrightsforum.com/t/lease-or-sale-offer-for-mineral-rights-in-howard-county-texas/49954/1 "2019-08-18T00:09:57Z")
My 4 siblings and I inherited 1/2 acre mineral rights (1/10 acre each): NE/4 of Section 9, Block 32, Township 1 South, Howard County, Texas. We discovered this about three years ago when someone approached my brother doing a title search. After a few conversations we never heard from them again. Last week we have been approached by someone else, initially offering $2,500 each to buy, or $250 plus 20% royalties each to lease, which is why I joined this forum. The purchase offer was then rescinded, but not the lease, because “the interest is located on a geologic anomaly known as a ‘shelf’ which presents considerably more risk than we could justify at a purchase price of $25,000/acre.” After asking if that was their best offer, they have now brought back a purchase offer at $1,000 each, or lease for $300 plus 20% on a 2-year primary term. Does anyone know if this is a fair deal? Thanks.
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 5:31pm UTC](https://www.mineralrightsforum.com/t/lease-or-sale-offer-for-mineral-rights-in-howard-county-texas/49954/2 "2025-01-11T17:31:46Z")