# Value of a particular mineral right

**URL:** https://www.mineralrightsforum.com/t/value-of-a-particular-mineral-right/19113
**Category:** Montague County, TX
**Created:** [December 20, 2012, 6:05pm UTC](https://www.mineralrightsforum.com/t/value-of-a-particular-mineral-right/19113 "2012-12-20T18:05:10Z")
**Posts on this page:** 5
**Page:** 1

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### Author: ![Joe\_Krogmeier](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/d26b3c/32.png) [@Joe\_Krogmeier](https://www.mineralrightsforum.com/u/Joe_Krogmeier)
#### Post date: [December 20, 2012, 6:05pm UTC](https://www.mineralrightsforum.com/t/value-of-a-particular-mineral-right/19113/1 "2012-12-20T18:05:10Z")

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A client of mine has recently been offered a minimal amount ($100) for a small interest (1/4 of 3/8) she owns in mineral rights located on 80 acres in Montague County, Texas. The legal description is as follows: 80 acres of land, more or less, being all of the East 1/2 of the Southwest 1/4 of Section 1, Jack County School Land Survey, Abstract 390, Montague County, Texas (mineral interest only).

Would anyone have an idea what an interest such as this would truly be worth? Is there currently development activity in that particular area?

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### Author: ![wade\_caldwell](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/wade_caldwell/32/9599_2.png) [@wade\_caldwell](https://www.mineralrightsforum.com/u/wade_caldwell)
#### Post date: [December 21, 2012, 3:20am UTC](https://www.mineralrightsforum.com/t/value-of-a-particular-mineral-right/19113/2 "2012-12-21T03:20:42Z")

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$100 to buy 8 mineral acres or to lease per acre?

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### Author: ![Joe\_Krogmeier](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/d26b3c/32.png) [@Joe\_Krogmeier](https://www.mineralrightsforum.com/u/Joe_Krogmeier)
#### Post date: [December 21, 2012, 4:16pm UTC](https://www.mineralrightsforum.com/t/value-of-a-particular-mineral-right/19113/3 "2012-12-21T16:16:12Z")

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$100 to relinquish any interest she may have in the 8 mineral acres via a Quit Claim deed.

> Wade Caldwell said:
> 
> $100 to buy 8 mineral acres or to lease per acre?

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### Author: ![wade\_caldwell](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/wade_caldwell/32/9599_2.png) [@wade\_caldwell](https://www.mineralrightsforum.com/u/wade_caldwell)
#### Post date: [December 22, 2012, 3:31am UTC](https://www.mineralrightsforum.com/t/value-of-a-particular-mineral-right/19113/4 "2012-12-22T03:31:33Z")

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Not sure of activity in the area, but no way on the price.

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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 15, 2018, 3:03am UTC](https://www.mineralrightsforum.com/t/value-of-a-particular-mineral-right/19113/5 "2018-08-15T03:03:08Z")

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