Mineral Land Management Best Practices

Owning or portraying mineral rights, and what to do with them if received is a hot topic in Texas real estate. Many landowners do not understand the full extent of what mineral rights can do for them, and how to utilize them, and this blog category can help simplify the subject.

Texas Oil Rigs

Found 4 blog entries about Mineral Land Management Best Practices.

Wade Arrington joins Legacy Broker Group

Wade Arrington joins Legacy Broker Group

Legacy Broker Group's team just got a little bit bigger with the addition of Wade Arrington, a North Texas and Panhandle Land and Ranch real estate specialist.

Learn the value of your ranch at our Ranch Valuation Tool. 

About Wade

Born in the Texas Panhandle and raised on his family ranch there, Wade developed a passion for all the things the great outdoors has to offer while spending his spare hours hunting game and fishing on the banks of the Washita River along with his brothers. 

Life on the ranch along with a generational legacy of farming and ranching in the area refined and developed Wade’s work ethic, stewardship, respect for the land; and deepened his understanding of the monetary and

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Drilling rig on Texas ranch

Texas is Rich in Mineral Rights

Learn the value of your ranch at our Ranch Valuation Tool. 

Texas's rich soil contains precious resources that can lead to profit or heartache for landowners, depending on who owns the mineral rights. Mineral rights are, quite simply, the legal ownership of mineral deposits beneath the surface of a property. In a completely efficient world, the one who owns the surface of the land would own the resources beneath. 

Doesn’t the surface owner always own the mineral rights under their property? In reality, mineral rights can also be owned by previous surface owners, corporations, or third parties. Mineral-rich states that have an abundance of oil, gas, coal, gold, silver and other precious minerals are also the

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With its beautiful ranch properties, rolling hills and hardy pine forests, Texas is an ideal place to buy land.

But finding the perfect property is just the beginning of the land buying process. In order to know how to buy land in Texas, there are a number of state-specific trends and regulations to understand.

Here are the answers to some common questions Texas land buyers ask:

What does rural land in Texas typically cost?

It's wise to keep in mind that land values can vary vastly depending on features of the specific property you're considering, such as location, access, special amenities and natural features. However, the Real Estate Center of Texas A&M University has a website dedicated to data on purchasing rural land in Texas,

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Mineral leasing is the act or process of granting the rights to extract minerals (including gas and oil) from the owner of those rights, to a third party, usually a company.

Mineral leasing can be a daunting and complicated process but has its opportunities, specifically the significant profits for mineral rights holders for minimal risk and effort.

Read on to learn about some of the issues involved in mineral leasing Texas land or ranch properties. Our mineral leasing tips for beginners are below...

Step 1: Look at All Your Options

If a company approaches you with an offer for leasing minerals off your land, be sure and consider the fact that if one company is interested, there is a high chance that they aren’t the only ones.

Look for

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