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>>

  • A stunned Puerto Rico seeks to rebuild after Hurricane Maria

    A stunned Puerto Rico seeks to rebuild after Hurricane Maria

    Thursday, September 21 2017 3:46 AM EDT2017-09-21 07:46:11 GMT
    Thursday, September 21 2017 3:28 PM EDT2017-09-21 19:28:27 GMT

    Maria hit the island Wednesday morning as a Category 4 storm with 155 mph winds, the strongest hurricane to hit Puerto Rico in over 80 years.

    Maria hit the island Wednesday morning as a Category 4 storm with 155 mph winds, the strongest hurricane to hit Puerto Rico in over 80 years.

  • 7News Anchor Caitlin Williams discusses media challenges with AMBUCS

    7News Anchor Caitlin Williams discusses media challenges with AMBUCS

    Thursday, September 21 2017 3:28 PM EDT2017-09-21 19:28:24 GMT

    One of our very own went to an AMBUCS meeting today to shed some light on the challenges the TV industry faces. Caitlin Williams spoke to the group about how she started in broadcast and touched on the role social media plays in local news. She informed the group of how we work around the clock to keep up with the news that's available in the palm of your hands. AMBUCS is a non-profit organization that provides therapeutic tricycles to people with disabilities. 

    One of our very own went to an AMBUCS meeting today to shed some light on the challenges the TV industry faces. Caitlin Williams spoke to the group about how she started in broadcast and touched on the role social media plays in local news. She informed the group of how we work around the clock to keep up with the news that's available in the palm of your hands. AMBUCS is a non-profit organization that provides therapeutic tricycles to people with disabilities. 

  • Mueller investigators seek documents from the White House

    Mueller investigators seek documents from the White House

    Thursday, September 21 2017 4:15 AM EDT2017-09-21 08:15:50 GMT
    Thursday, September 21 2017 3:27 PM EDT2017-09-21 19:27:27 GMT

    Though the full scope of the investigation is not clear, the information requests make evident at least some of the areas that Mueller and his team of prosecutors intend to look into and also reveal a strong interest in certain of Trump's actions as president.

    Though the full scope of the investigation is not clear, the information requests make evident at least some of the areas that Mueller and his team of prosecutors intend to look into and also reveal a strong interest in certain of Trump's actions as president.

Powered by Frankly