# Offer to purchase royalty interest
**URL:** https://www.mineralrightsforum.com/t/offer-to-purchase-royalty-interest/33870
**Category:** Martin County, TX
**Created:** [September 20, 2018, 7:05pm UTC](https://www.mineralrightsforum.com/t/offer-to-purchase-royalty-interest/33870 "2018-09-20T19:05:43Z")
**Posts on this page:** 13
**Page:** 1
### Author:  [@Strickel328](https://www.mineralrightsforum.com/u/Strickel328)
#### Post date: [September 20, 2018, 7:05pm UTC](https://www.mineralrightsforum.com/t/offer-to-purchase-royalty-interest/33870/1 "2018-09-20T19:05:43Z")
I own 9.3 net royalty acres on NW/4 of Section 10, Block 36 Township 1 North, T&P Ry Co Survey in Martin County, Texas. I am being offered $5K per net royalty acre. I realize they are low balling me, but how low? Thank you!
---
### Author:  [@wade\_caldwell](https://www.mineralrightsforum.com/u/wade_caldwell)
#### Post date: [September 20, 2018, 8:22pm UTC](https://www.mineralrightsforum.com/t/offer-to-purchase-royalty-interest/33870/2 "2018-09-20T20:22:16Z")
Moved to Martin County group.
---
### Author:  [@William\_Douglas\_Archer](https://www.mineralrightsforum.com/u/William_Douglas_Archer)
#### Post date: [September 20, 2018, 8:41pm UTC](https://www.mineralrightsforum.com/t/offer-to-purchase-royalty-interest/33870/3 "2018-09-20T20:41:35Z")
I own 20/320 subject to a 1/6 royalty on 321.69 acres.
I have received 139 offers since 2013.
Received 36 offers so far in 2018 ranging from $205K to $458K.
Your offer of $5K seems low to me, but what do I know?
---
### Author:  [@Jennifer\_B](https://www.mineralrightsforum.com/u/Jennifer_B)
#### Post date: [September 20, 2018, 11:03pm UTC](https://www.mineralrightsforum.com/t/offer-to-purchase-royalty-interest/33870/4 "2018-09-20T23:03:03Z")
Question: Is your interest producing or non-producing?
---
### Author:  [@Strickel328](https://www.mineralrightsforum.com/u/Strickel328)
#### Post date: [September 20, 2018, 11:25pm UTC](https://www.mineralrightsforum.com/t/offer-to-purchase-royalty-interest/33870/5 "2018-09-20T23:25:50Z")
It has been producing since 2004.
---
### Author:  [@BP1](https://www.mineralrightsforum.com/u/BP1)
#### Post date: [September 20, 2018, 11:55pm UTC](https://www.mineralrightsforum.com/t/offer-to-purchase-royalty-interest/33870/6 "2018-09-20T23:55:08Z")
Carol, you can check messages by clicking on the blue icon in the far top-right of the screen (the icon looks like a person). There should be a small green circle with a number inside indicating unread messages.
---
### Author:  [@Marcus\_T](https://www.mineralrightsforum.com/u/Marcus_T)
#### Post date: [September 21, 2018, 4:28pm UTC](https://www.mineralrightsforum.com/t/offer-to-purchase-royalty-interest/33870/7 "2018-09-21T16:28:14Z")
That is low by a factor of two or three, probably.
---
### Author:  [@Rick5](https://www.mineralrightsforum.com/u/Rick5)
#### Post date: [September 21, 2018, 6:45pm UTC](https://www.mineralrightsforum.com/t/offer-to-purchase-royalty-interest/33870/8 "2018-09-21T18:45:58Z")
Probably a flipper who will sell the interest for a higher amount.
---
### Author:  [@Eric88](https://www.mineralrightsforum.com/u/Eric88)
#### Post date: [October 4, 2018, 9:14pm UTC](https://www.mineralrightsforum.com/t/offer-to-purchase-royalty-interest/33870/9 "2018-10-04T21:14:05Z")
Well below market rate. Do not sell for $5k/NRA. If you are looking to sell I can probably find a buyer for you paying at least double that! Maybe even triple!
---
### Author:  [@Peakoil](https://www.mineralrightsforum.com/u/Peakoil)
#### Post date: [October 4, 2018, 9:15pm UTC](https://www.mineralrightsforum.com/t/offer-to-purchase-royalty-interest/33870/10 "2018-10-04T21:15:25Z")
True, I know buyers who would pay $10,000/royalty acre minimum.
---
### Author:  [@Joe5](https://www.mineralrightsforum.com/u/Joe5)
#### Post date: [October 5, 2018, 1:20pm UTC](https://www.mineralrightsforum.com/t/offer-to-purchase-royalty-interest/33870/11 "2018-10-05T13:20:45Z")
That what minimum rate to lease is for that area.
---
### Author:  [@wade\_caldwell](https://www.mineralrightsforum.com/u/wade_caldwell)
#### Post date: [October 16, 2018, 4:13pm UTC](https://www.mineralrightsforum.com/t/offer-to-purchase-royalty-interest/33870/12 "2018-10-16T16:13:16Z")
The following is a sponsored (paid) promotional notice:
If you own minerals in Texas and live in the Dallas area, please consider attending the NARO – Texas Town Hall Meeting in Dallas at the SMU Cox School of Business, Maguire Energy Institute, on November 14, 2018 from 6-8 p.m. We will cover four timely topics, and the cost is only to cover the food provided (plus a cash bar) at $20/person. The Mineral Rights Forum is also a sponsor of this event and it is open to non-NARO members, but attendance is limited to about 80 people, so please sign up today! A link to the signup and information page is [NARO - National Association of Royalty Owners - NARO Texas Townhall Meeting](http://www.naro-us.org/event-3096540?CalendarViewType=1&SelectedDate=11/14/2018)
Hope to see you in Dallas!
---
### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 5:22pm UTC](https://www.mineralrightsforum.com/t/offer-to-purchase-royalty-interest/33870/13 "2025-01-11T17:22:57Z")