A modular downhole logging system includes a transmitter module having a local frequency, wherein the transmitter module transmits interrogation signals into a formation based on the local frequency. The downhole system also includes a receiver module axially-spaced from the transmitter module and that receives response signals corresponding to the interrogation signals, wherein the receiver module includes sampling logic and sync estimation logic. The sync estimation logic is configured to perform sync estimation operations including estimating the local frequency of the transmitter module based on analysis of response signal Fourier transform results corresponding to different frequencies. The sampling logic/clock is configured to sample the response signals based on the estimated local frequency of the transmitter module, wherein a processor derives formation property values using the sampled response signals.