Bigger than Manhattan: Historic 88,000-acre Texas ranch sells for $127.7 million

One of the largest cattle ranch properties in the United States has been sold for nearly its full asking price after spending less than a month on the market.The Freeman Family Ranches, an 87,953-acre property spread across the North Texas and Oklahoma panhandles, was sold for $127.7 million, according to Realtor.com, which first reported the transaction. The deal was completed within a month of the ranch being listed for sale.Roughly six times the size of Manhattan, the property had been owned by the Freeman family for four generations. The family's first land deed dates back to 1929, with the rest of the estate gradually assembled over the decades, New York Post reported. The estate comprises three separate ranches which were managed as a single integrated operation.