# Non-producing property sales

**URL:** https://www.mineralrightsforum.com/t/non-producing-property-sales/3278
**Category:** Howard County, TX
**Created:** [March 6, 2017, 11:17pm UTC](https://www.mineralrightsforum.com/t/non-producing-property-sales/3278 "2017-03-06T23:17:53Z")
**Posts on this page:** 8
**Page:** 1

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### Author: ![Phil\_Krehbiel](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/phil_krehbiel/32/262_2.png) [@Phil\_Krehbiel](https://www.mineralrightsforum.com/u/Phil_Krehbiel)
#### Post date: [March 6, 2017, 11:17pm UTC](https://www.mineralrightsforum.com/t/non-producing-property-sales/3278/1 "2017-03-06T23:17:53Z")

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I need historical information. I would appreciate hearing from anyone that has sold or purchased non-producing mineral interests in Howard County, Texas, during the period 2008-2011. I seek prices per net mineral acre for sales/purchases, including the dates.

Thank you.

Phil Krehbiel

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### Author: ![Dave\_Christian](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/d/a87d85/32.png) [@Dave\_Christian](https://www.mineralrightsforum.com/u/Dave_Christian)
#### Post date: [March 7, 2017, 12:14am UTC](https://www.mineralrightsforum.com/t/non-producing-property-sales/3278/2 "2017-03-07T00:14:30Z")

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Phil, never sell minerals unless you really need the cash.

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### Author: ![Kay\_Greene](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/kay_greene/32/1817_2.png) [@Kay\_Greene](https://www.mineralrightsforum.com/u/Kay_Greene)
#### Post date: [March 7, 2017, 12:28am UTC](https://www.mineralrightsforum.com/t/non-producing-property-sales/3278/3 "2017-03-07T00:28:29Z")

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### Author: ![Dave\_Christian](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/d/a87d85/32.png) [@Dave\_Christian](https://www.mineralrightsforum.com/u/Dave_Christian)
#### Post date: [March 7, 2017, 12:43am UTC](https://www.mineralrightsforum.com/t/non-producing-property-sales/3278/4 "2017-03-07T00:43:48Z")

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I have minerals in Block 31, Township 2 North and Block 32, Township 1 and 2 North. I have never regretted offers to sell my minerals.

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### Author: ![Russ\_Wilson](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/russ_wilson/32/308_2.png) [@Russ\_Wilson](https://www.mineralrightsforum.com/u/Russ_Wilson)
#### Post date: [March 11, 2017, 4:33pm UTC](https://www.mineralrightsforum.com/t/non-producing-property-sales/3278/5 "2017-03-11T16:33:50Z")

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Phil, I’m helping a relative try to ascertain historical prices in Howard County for the period 96-97 (if at all possible). Are you searching for data to calculate capital gains on a recent sale? That’s the only method I’ve been able to figure out given lack of a bright-line tax rule.

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### Author: ![Phil\_Krehbiel](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/phil_krehbiel/32/262_2.png) [@Phil\_Krehbiel](https://www.mineralrightsforum.com/u/Phil_Krehbiel)
#### Post date: [March 11, 2017, 4:48pm UTC](https://www.mineralrightsforum.com/t/non-producing-property-sales/3278/6 "2017-03-11T16:48:04Z")

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Hi Russ, I am trying to establish the stepped-up basis for inherited property. I am not aware of any reports that would include prices for undeveloped mineral property that is bought and sold. Hence, my inquiry.

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### Author: ![Russ\_Wilson](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/russ_wilson/32/308_2.png) [@Russ\_Wilson](https://www.mineralrightsforum.com/u/Russ_Wilson)
#### Post date: [March 11, 2017, 5:02pm UTC](https://www.mineralrightsforum.com/t/non-producing-property-sales/3278/7 "2017-03-11T17:02:39Z")

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Ditto. We’re trying to avoid a zero or nominal cost basis for an inheritance that slipped through probate in 96 undetected. I’ve found this thread helpful but the valuation task is difficult: [http://www.mineralrightsforum.com/forum/topics/capital-gain-cost-basis-on-sale-of-mineral-rights-royalty-2](http://www.mineralrightsforum.com/forum/topics/capital-gain-cost-basis-on-sale-of-mineral-rights-royalty-2)

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 14, 2018, 10:36pm UTC](https://www.mineralrightsforum.com/t/non-producing-property-sales/3278/8 "2018-08-14T22:36:05Z")

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