My Father-In Law was given legal forms to sign over mineral rights on a property in Reeves County, TX. They offered just over $4000.00 total. Can someone tell me if this would be a fair value? A-321 BLK 13 SEC 265 AND A-1867 BLK 13 SEC 266
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My answer would be a resounding no. Call Wade Caldwell. He’s an attorney listed under professional on this site. Based in San Antonio. He can advise you well.
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While there are many factors that go into the value of the mineral rights, $4000 sounds like a very, very low offer. Please call Wade Caldwell’s office in San Antonio. We used an attorney there, J. Alex Garcia, a year ago and he was able to value our interests, shop them around and we received and accepted a 6 figure offer. The name of the law firm is Caldwell, Clark, Fanucchi and Finlayson.
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