taxes Property Tax Assistance

2023 Appraisal District Ratio Study

Appraisal District Summary Worksheet

240-Webb

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 715 12,420,456,805 0.95 9.45 70.77 93.01 1.01
B.MULTI-FAMILY RESIDENCES 84 918,396,432 0.99 14.74 47.62 73.81 1.06
C1.VACANT LOTS 87 693,803,491 0.90 17.25 37.93 72.41 1.02
C2.COLONIA LOTS 0 0 * * * * *
D2.FARM/RANCH IMP 0 29,637,839 * * * * *
E.RURAL-NON-QUAL 102 861,477,312 0.98 26.95 32.35 57.84 1.22
F1.COMMERCIAL REAL 97 6,069,686,722 1.00 14.19 53.61 81.44 1.01
F2.INDUSTRIAL REAL 0 18,481,789 * * * * *
G.OIL, GAS, MINERALS 81 9,001,806,650 1.00 1.35 96.30 100.00 1.00
J.UTILITIES 10 1,425,990,665 0.98 4.69 90.00 100.00 0.98
L1.COMMERCIAL PERSONAL 72 2,252,990,211 1.00 5.82 87.50 98.61 1.00
L2.INDUSTRIAL PERSONAL 0 1,190,924,770 * * * * *
M.OTHER PERSONAL 0 77,037,873 * * * * *
O.RESIDENTIAL INVENTORY 0 114,176,203 * * * * *
S.SPECIAL INVENTORY 0 65,324,755 * * * * *
OVERALL 1,248 35,140,191,517 0.97 11.65 63.54 87.26 0.99

* 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