Chapman's McLean Ranch auctioned off for over $16 million dollar - KSWO, Lawton, OK- Wichita Falls, TX: News, Weather, Sports. ABC, 24/7, Telemundo -

Chapman's McLean Ranch auctioned off for over $16 million dollars

Thousands of acres in both Gray and Wheeler county were sold at an auction, as Amarillo Developer George Chapman looks to settle his debts.

16,000 acres were split into 43 tracts ranging in size from 40 to 800 acres. After more than four hours of bidding from over 100 participants, final bids were accepted. Chapman's ranch was sold to 19 bidders for a total of $16,797,000.

Spanky Assiter, owner of Assiter Auctioneers says Chapman is pleased with the turn out from the auction. "Some bidders bought multiple sections. Others bought small tracts. I think everybody is happy. The bidders are happy, the bankers are happy, Mr. Chapman is happy. It's just a great day for everybody involved," Assiter told us.

Chapman is the former owner of the Country Barn Steak House which is also said to be up for auction later this month.

Colleen Nelson - NewsChannel 10.

  • Local NewsNewsMore>>

  • O.J. Simpson triumphant, others devastated as he gets parole

    O.J. Simpson triumphant, others devastated as he gets parole

    Friday, July 21 2017 4:08 AM EDT2017-07-21 08:08:39 GMT
    Friday, July 21 2017 10:49 AM EDT2017-07-21 14:49:28 GMT

    Barring any last-minute snafus, O.J. Simpson will walk out of prison a free man in about three months.

    Barring any last-minute snafus, O.J. Simpson will walk out of prison a free man in about three months.

  • It’s Furry Friend Friday: Meet Lexie

    It’s Furry Friend Friday: Meet Lexie

    Friday, July 21 2017 10:43 AM EDT2017-07-21 14:43:31 GMT

    Lexie is a 5-year-old female, lab mix currently looking for a new furever home. Lexie is a sweet girl who loves long relaxing strolls, snuggling while watching TV (her favorite is romantic comedies), and quiet dinners at home. She’s definitely not a picky eater! Could you be the reliable roommate she’s looking for? 

    Lexie is a 5-year-old female, lab mix currently looking for a new furever home. Lexie is a sweet girl who loves long relaxing strolls, snuggling while watching TV (her favorite is romantic comedies), and quiet dinners at home. She’s definitely not a picky eater! Could you be the reliable roommate she’s looking for? 

  • Waurika’s July 22nd celebration commemorates 150th anniversary of the Chisholm Trail

    Waurika’s July 22nd celebration commemorates 150th anniversary of the Chisholm Trail

    Friday, July 21 2017 10:40 AM EDT2017-07-21 14:40:32 GMT

    Waurika will host a celebration to commemorate the 150th anniversary of the Chisholm Trail on July 22nd at the Rock Island Depot at 201 S Meridian. The Smithsonian’s Museum on Main Street (MoMS) exhibit, “The Way We Worked,” will also open the same day. All exhibits and events are free.

    Waurika will host a celebration to commemorate the 150th anniversary of the Chisholm Trail on July 22nd at the Rock Island Depot at 201 S Meridian. The Smithsonian’s Museum on Main Street (MoMS) exhibit, “The Way We Worked,” will also open the same day. All exhibits and events are free.

Powered by Frankly