# Reagan County Valuation
**URL:** https://www.mineralrightsforum.com/t/reagan-county-valuation/36633
**Category:** Reagan County, TX
**Created:** [November 8, 2018, 11:03pm UTC](https://www.mineralrightsforum.com/t/reagan-county-valuation/36633 "2018-11-08T23:03:56Z")
**Posts on this page:** 2
**Page:** 1
### Author:  [@Mikfin37](https://www.mineralrightsforum.com/u/Mikfin37)
#### Post date: [November 8, 2018, 11:03pm UTC](https://www.mineralrightsforum.com/t/reagan-county-valuation/36633/1 "2018-11-08T23:03:56Z")
Have received an offer for Mineral Rights in Reagan County from a landman that may be valued fairly. How do I determine the exact value, and what would determine whether or not we can lease productively rather than sell? In all fairness he did the homework so I am happy to sell it or lease it to him but want to make sure I’m getting a fair price. Thanks for any help! Info below.
Tract One: 162.25 acres, SE/4 Section of 196, Block 1, Abstract 887, T&P Railway Company Survey (Cause #1908 District Court Records of Reagan County, Texas)
Tract Two: 160.00 acres, NW/4 of Section 178, Block 1, Abstract 894, T&P Railway Company Survey (Cause #1909 District Court Records of Reagan County, Texas)
Tract Three: 160.00 acres, SW/4 of Section 68, Block 1, I & GNRR Survey A-733, Pecos County, Texas
Tract One - Section 196 - Original owner purchases 3/8ths interest. He sells 85/576ths interest in 5 transactions, retaining 131/576ths interest or 36.90 Mineral Acres. The 6 nieces and nephew sell 1/2 of their interest in 1985 or 18.45 acres and retain 18.45 acres. One-sixth is owned by heir or 3.075 acres. She passes in 2005; 2 siblings now own one-fourth or 0.76875 acres.
Tract Two - Section 178 - Original owner purchases 3/8ths interest. He sells 112/576ths interest in 3 transactions, retaining 104/576ths interest or 28.88 Mineral Acres. The 6 nieces and nephew sell 1/2 in 1985 or 14.44 acres and retain 14.44 acres. One-sixth is owned by heir or 2.406 acres. She passes in 2005; 2 siblings now own one-fourth or 0.6016 acres.
This property below is actually located in Pecos County.
Tract Three - Section 68 - Original owner purchases 3/8ths interest. He sells 157/576ths interest in 6 transactions, retaining 59/576ths interest or 16.38 acres. The deeds that conveyed 1/2 in 1985 are not recorded in Pecos County as far as our search indicates, so the maximum of the one-sixth owned by heir is 2.73 acres. Two siblings own one-fourth or 0.6825. If those deeds get recorded, it reduces the heir’s interest by 1/2 to 1.365 acres.
Totals 2.05 acres.
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 5:12pm UTC](https://www.mineralrightsforum.com/t/reagan-county-valuation/36633/2 "2025-01-11T17:12:15Z")