taxes Property Tax Assistance

2025 ISD Summary Worksheet

Three Way ISD (all splits)   Erath County   Somervell County  

072-Erath/Erath County

072-901/Three Way ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 2,282,560 N/A 2,282,560 2,282,560
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 15,676,340 1.2280 12,765,749 15,676,340
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,195,060 1.2151 4,275,296 5,195,060
D2 - FARM & RANCH IMP 2,089,210 N/A 2,089,210 2,089,210
E - NON-AG LAND AND IMPROVEMENTS 88,170,620 0.9240 95,422,749 88,170,620
F1 - COMMERCIAL REAL 1,808,740 N/A 1,808,740 1,808,740
F2 - INDUSTRIAL REAL 24,440 N/A 24,440 24,440
G - ALL MINERALS 46,460 N/A 46,460 46,460
J - ALL UTILITIES 6,608,100 0.9249 7,144,664 6,608,100
L1 - COMMERCIAL PERSONAL 2,574,250 N/A 2,574,250 2,574,250
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 1,125,650 N/A 1,125,650 1,125,650
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 125,601,430 0 129,559,768 125,601,430
Less Total Deductions 36,361,997 0 36,361,997 36,361,997
Total Taxable Value 89,239,433 0 93,197,771 89,239,433

The taxable values shown here will not match the values reported by your appraisal district.

See the ISD DEDUCTION Report for a breakdown of deduction values.

Government Code subsections 403.302(j) and (k) require the Comptroller's office to certify alternative measures of school district wealth. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and sinking fund (I&S) tax purposes. For school districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

VALUE TAXABLE FOR M&O PURPOSES

Measure Value Description
T1 93,570,407 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 89,239,433 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 93,570,407 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 89,239,433 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 101,020,598 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 103,041,088 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 97,189,821 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss
T19 104,427,752 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 92,409,662 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 93,570,407 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 89,239,433 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 93,570,407 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 89,239,433 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 101,020,598 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 103,041,088 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 97,189,821 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss
T20 104,427,752 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 92,409,662 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 4,330,974 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 7,450,191 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 2,020,490 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 1,386,664 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 3,170,229 Loss to the increase in the Over-65/Disabled Homestead

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED.


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213-Somervell/Somervell County

072-901/Three Way ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 1,183,910 N/A 1,183,910 1,183,910
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 414,220 N/A 414,220 414,220
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 120,430 N/A 120,430 120,430
D2 - FARM & RANCH IMP 46,210 N/A 46,210 46,210
E - NON-AG LAND AND IMPROVEMENTS 10,296,240 N/A 10,296,240 10,296,240
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 146,740 N/A 146,740 146,740
L1 - COMMERCIAL PERSONAL 37,040 N/A 37,040 37,040
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 115,890 N/A 115,890 115,890
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 12,360,680 0 12,360,680 12,360,680
Less Total Deductions 3,411,104 0 3,411,104 3,411,104
Total Taxable Value 8,949,576 0 8,949,576 8,949,576

The taxable values shown here will not match the values reported by your appraisal district.

See the ISD DEDUCTION Report for a breakdown of deduction values.

Government Code subsections 403.302(j) and (k) require the Comptroller's office to certify alternative measures of school district wealth. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and sinking fund (I&S) tax purposes. For school districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

VALUE TAXABLE FOR M&O PURPOSES

Measure Value Description
T1 9,334,524 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 8,949,576 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 9,334,524 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 8,949,576 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 9,994,523 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 10,159,522 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 9,406,988 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss
T19 10,269,521 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 9,149,576 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 9,334,524 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 8,949,576 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 9,334,524 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 8,949,576 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 9,994,523 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 10,159,522 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 9,406,988 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss
T20 10,269,521 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 9,149,576 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 384,948 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 659,999 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 164,999 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 109,999 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 200,000 Loss to the increase in the Over-65/Disabled Homestead

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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072-901-02/Three Way ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 3,466,470 N/A 3,466,470 3,466,470
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 16,090,560 1.2208 13,179,969 16,090,560
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,315,490 1.2092 4,395,726 5,315,490
D2 - FARM & RANCH IMP 2,135,420 N/A 2,135,420 2,135,420
E - NON-AG LAND AND IMPROVEMENTS 98,466,860 0.9314 105,718,989 98,466,860
F1 - COMMERCIAL REAL 1,808,740 N/A 1,808,740 1,808,740
F2 - INDUSTRIAL REAL 24,440 N/A 24,440 24,440
G - ALL MINERALS 46,460 N/A 46,460 46,460
J - ALL UTILITIES 6,754,840 0.9264 7,291,404 6,754,840
L1 - COMMERCIAL PERSONAL 2,611,290 N/A 2,611,290 2,611,290
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 1,241,540 N/A 1,241,540 1,241,540
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 137,962,110 141,920,448 137,962,110
Less Total Deductions 39,773,101 39,773,101 39,773,101
Total Taxable Value 98,189,009 102,147,347 98,189,009

The taxable values shown here will not match the values reported by your appraisal district.

See the ISD DEDUCTION Report for a breakdown of deduction values.

Government Code subsections 403.302(j) and (k) require the Comptroller's office to certify alternative measures of school district wealth. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and sinking fund (I&S) tax purposes. For school districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

VALUE TAXABLE FOR M&O PURPOSES

Measure Value Description
T1 102,904,931 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 98,189,009 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 102,904,931 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 98,189,009 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 111,015,121 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 113,200,610 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 106,596,809 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss
T19 114,697,273 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 101,559,238 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 102,904,931 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 98,189,009 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 102,904,931 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 98,189,009 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 111,015,121 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 113,200,610 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 106,596,809 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss
T20 114,697,273 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 101,559,238 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 4,715,922 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 8,110,190 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 2,185,489 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 1,496,663 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 3,370,229 Loss to the increase in the Over-65/Disabled Homestead

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