EXCLUSIVE: Massive 88,000-Acre Ranch Spanning Texas and Oklahoma Sells for Nearly $128 Million

A spectacular legacy ranch spanning 88,000 acres over two states has sold for near its eye-popping asking price of $127.5 million. The Freeman Ranches, which had been in the Freeman ranching family for four generations, is one of the largest land offerings in the Panhandle region in several years. The earliest deed dates to 1929, with the rest of the huge spread cobbled together over many years.Combining three separate ranches—Anchor D. Ranch, Coldwater Ranch, and Frisco Ranch—the mammoth property was snapped up by one of the biggest landowners in the country, listing agent Chad Dugger of Hall and Hall tells Realtor.com® exclusively.While the Lubbock-based broker won't name the new owner, he describes the buyer as a "top 100 national landowner, who is foremost in the livestock business—he's a rancher.""He is buying it to ranch," he says. "Just like his family has for decades. And to expand his land holdings."Loading...The massive Freeman Family Ranches spans over 88,000 acres across two states.Courtesy of Hall and HallHe notes that the Freeman family is happy that the land will be stewarded by another Texas ranching family."It's always nice when a seller is attached to a place as l...