Get A Mineral Appraisal in Texas
Do you need to find out how much your mineral rights are worth? Legacy Royalties can help determine the value of your mineral rights by providing an oil royalty valuation or mineral rights appraisal.
Why Do You Need A Mineral Rights Valuation?
There are a variety of reasons to understand the value of your mineral rights in Texas, including:
- Fair market valuations
- Valuations for estate planning
- Tax determination for estates with oil and gas interests
Every appraisal is prepared by a petroleum engineer. So when you get your mineral rights in Texas valued by Legacy Royalties, you can be confident your appraisal will be accurate and fair.
Royalty Appraisals For Medicaid & Welfare Applicants
The value of an oil royalty interest, however small, can stand in the way of an applicant receiving necessary benefits unless a value can be placed on the holdings.
Legacy Royalties provides free royalty appraisals for Medicaid and welfare applicants. We believe providing pro bono royalty valuations is one way we can utilize our expertise to serve our community.
Call us today to speak with an engineer about an appraisal and find out what your royalties or mineral rights are worth.
How Much Are Mineral Rights Worth?
Mineral rights value is determined by several factors, including:
- The current price of oil
- Whether your minerals are currently producing or non-producing
- And other factors
The best way to determine how much you can sell your mineral rights for is to schedule a valuation.
The mineral rights value “rule of thumb” says mineral rights are worth roughly 3 to 5 times their annual revenue.
Are non-producing mineral rights worth anything?
A common assumption is that there is no value in non-producing mineral rights. That isn’t necessarily true. Many people have made money from selling mineral rights that are not currently produced. Contact Legacy Royalties to find out what yours are worth.
Schedule A Mineral Valuation
Contact us today to find out how much your mineral rights are worth in Texas. We’re happy to answer any questions you have and perform a full valuation of your oil and gas royalties.