Who Bought the Chunk of Texas

Sep 13, 2013

Credit amarillo.com

The 25 square-mile piece of Texas was auctioned off this week, and it’s no longer owned by one person.  According to the Amarillo Globe-News, purchasers bought pieces for the expected use of farming and ranching, but some had diverse purposes in mind. 

  • Two Amarillo cousins in the real estate business — Michael Dodson, 36, and John Dodson, 30 — cast a winning bid of more than $600,000 for a section of land they plan to lease for deer hunting, cattle raising and use for recreation.
  • Ron Slover, 76, an Amarillo business man with oil and gas interests, purchased an 800-acre tract in Wheeler County for $511,000.  He said he plans to raise cattle there, and one day give it to his family. 

The largest tract, a seven-section chunk of land, went for more than $3.3 million.  The auction was attended by 109 bidders, and raised about $16.8 million for owner, George Chapman.