taxes Property Tax Assistance

2023 Appraisal District Ratio Study

Appraisal District Summary Worksheet

110-Hockley

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	290	797,931,654	0.89	18.70	36.21	73.45	1.02
B.MULTI-FAMILY RESIDENCES	0	14,647,583	*	*	*	*	*
C1.VACANT LOTS	0	44,493,197	*	*	*	*	*
C2.COLONIA LOTS	0	0	*	*	*	*	*
D2.FARM/RANCH IMP	0	5,778,971	*	*	*	*	*
E.RURAL-NON-QUAL	51	225,716,074	*	*	*	*	*
F1.COMMERCIAL REAL	35	135,607,919	*	*	*	*	*
F2.INDUSTRIAL REAL	0	349,228,080	*	*	*	*	*
G.OIL, GAS, MINERALS	69	1,631,594,330	1.01	5.72	82.61	97.10	1.04
J.UTILITIES	6	189,460,930	0.85	0.00	100.00	100.00	0.87
L1.COMMERCIAL PERSONAL	24	119,851,870	*	*	*	*	*
L2.INDUSTRIAL PERSONAL	0	157,445,150	*	*	*	*	*
M.OTHER PERSONAL	0	8,245,020	*	*	*	*	*
O.RESIDENTIAL INVENTORY	0	1,566,080	*	*	*	*	*
S.SPECIAL INVENTORY	0	8,195,720	*	*	*	*	*
OVERALL	475	3,689,762,578	0.96	17.60	42.11	76.42	0.96

* 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