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Commissioners set $240,000 minimum to auction 1.82‑acre Elgin tract

Commissioners of the Land Office · April 9, 2026
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Summary

The Commission approved a three‑appraiser consensus appraisal of $240,000 for a 1.82‑acre Elgin parcel in Comanche County and authorized offering it for sale by auction with that minimum bid.

Director J. Alva Brockus told the Commission that a three‑party consensus appraisal placed the market value of the 1.82‑acre Elgin parcel at $240,000 and recommended offering the tract for sale by public auction at that minimum. She reminded the Commissioners this was the second step in a three‑step process (appraisal, auction, approval of auction results) and that each step requires unanimous approval to advance.

Commissioner Fields moved to approve the appraised value and authorize offering the Elgin parcel by auction; Commissioner Byrd seconded. The motion passed unanimously.