taxes Property Tax Assistance

2023 Appraisal District Ratio Study

Appraisal District Summary Worksheet

152-Lubbock

Study Results Last Updated: Feb. 05, 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 1,450 21,003,331,629 0.99 10.32 64.07 91.17 1.01
B.MULTI-FAMILY RESIDENCES 60 2,741,319,653 * * * * *
C1.VACANT LOTS 0 546,082,133 * * * * *
C2.COLONIA LOTS 0 0 * * * * *
D2.FARM/RANCH IMP 0 7,763,419 * * * * *
E.RURAL-NON-QUAL 113 1,028,949,112 0.95 25.67 35.40 65.49 1.06
F1.COMMERCIAL REAL 252 5,256,790,875 1.01 8.76 77.38 91.67 1.00
F2.INDUSTRIAL REAL 0 258,237,256 * * * * *
G.OIL, GAS, MINERALS 25 135,125,250 * * * * *
J.UTILITIES 13 751,260,619 * * * * *
L1.COMMERCIAL PERSONAL 123 2,382,395,758 1.00 17.31 54.47 78.05 1.08
L2.INDUSTRIAL PERSONAL 0 546,039,532 * * * * *
M.OTHER PERSONAL 0 50,584,288 * * * * *
O.RESIDENTIAL INVENTORY 0 91,656,326 * * * * *
S.SPECIAL INVENTORY 0 174,416,331 * * * * *
OVERALL 2,036 34,973,952,181 0.99 11.47 63.41 88.80 0.97

* 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