taxes Property Tax Assistance

2022 Appraisal District Ratio Study

Appraisal District Summary Worksheet

154-Madison

Study Results Last Updated: Dec. 13, 2024

Category Number of Ratios ** 2022 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 95 319,766,710 1.00 14.52 56.84 82.11 1.04
B.MULTI-FAMILY RESIDENCES 0 5,941,530 * * * * *
C1.VACANT LOTS 0 28,155,055 * * * * *
C2.COLONIA LOTS 0 0 * * * * *
D2.FARM/RANCH IMP 11 30,575,021 0.96 16.29 54.55 63.64 1.01
E.RURAL-NON-QUAL 75 558,149,629 0.99 16.61 50.67 81.33 1.04
F1.COMMERCIAL REAL 36 124,356,890 0.95 14.06 47.22 91.67 0.98
F2.INDUSTRIAL REAL 0 20,587,940 * * * * *
G.OIL, GAS, MINERALS 31 177,692,459 1.00 1.90 100.00 100.00 1.01
J.UTILITIES 6 243,313,180 0.89 8.99 100.00 100.00 1.07
L1.COMMERCIAL PERSONAL 0 25,831,550 * * * * *
L2.INDUSTRIAL PERSONAL 0 50,242,210 * * * * *
M.OTHER PERSONAL 0 24,739,190 * * * * *
O.RESIDENTIAL INVENTORY 0 0 * * * * *
S.SPECIAL INVENTORY 0 8,863,170 * * * * *
OVERALL 254 1,618,214,534 1.00 13.47 58.27 84.65 1.03

* 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