taxes Property Tax Assistance

2023 Appraisal District Ratio Study

Appraisal District Summary Worksheet

212-Smith

Study Results Last Updated: Oct. 22, 2024

Category Number of Ratios ** 2023 CAD Reported Appraisal Value Median Level of Appraisal Coefficient of Dispersion % Ratios within (+/ -) 10 % of Median % Ratios within (+/ -) 25 % of Median Price - Related Differential
A.SINGLE-FAMILY RESIDENCES 1,577 17,992,967,656 0.99 6.79 76.60 96.32 1.00
B.MULTI-FAMILY RESIDENCES 63 1,517,502,882 * * * * *
C1.VACANT LOTS 0 527,534,756 * * * * *
C2.COLONIA LOTS 0 0 * * * * *
D2.FARM/RANCH IMP 0 61,235,763 * * * * *
E.RURAL-NON-QUAL 186 2,562,451,114 0.98 10.28 67.74 87.63 0.98
F1.COMMERCIAL REAL 152 3,590,649,264 0.94 19.86 43.42 72.37 1.03
F2.INDUSTRIAL REAL 0 499,383,600 * * * * *
G.OIL, GAS, MINERALS 33 358,965,256 * * * * *
J.UTILITIES 12 617,006,559 0.90 6.20 83.33 100.00 0.96
L1.COMMERCIAL PERSONAL 75 1,618,624,642 * * * * *
L2.INDUSTRIAL PERSONAL 0 966,637,480 * * * * *
M.OTHER PERSONAL 0 178,192,330 * * * * *
O.RESIDENTIAL INVENTORY 0 35,398,196 * * * * *
S.SPECIAL INVENTORY 0 128,206,715 * * * * *
OVERALL 2,098 30,654,756,213 0.99 8.14 73.64 93.18 1.07

* Category result not calculated. Calculation requires a minimum of five ratios from either of the following:

  • Categories representing at least 25 percent of total CAD category value.
  • Five ISDs or half the ISDs in the CAD, whichever is less
* *Statistical measures may not be reliable when the sample is small