taxes Property Tax Assistance

2024 Appraisal District Ratio Study

Appraisal District Summary Worksheet

093-Grimes

Study Results Last Updated: Jan. 28, 2025

Category Number of Ratios ** 2024 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 318 1,799,490,664 0.97 10.76 59.12 91.51 0.99
B.MULTI-FAMILY RESIDENCES 0 22,676,313 * * * * *
C1.VACANT LOTS 61 208,123,666 * * * * *
C2.COLONIA LOTS 0 0 * * * * *
D2.FARM/RANCH IMP 0 76,371,726 * * * * *
E.RURAL-NON-QUAL 109 1,576,341,054 0.95 17.35 44.95 77.98 1.03
F1.COMMERCIAL REAL 35 288,697,841 * * * * *
F2.INDUSTRIAL REAL 0 287,208,509 * * * * *
G.OIL, GAS, MINERALS 16 68,140,120 1.00 5.31 93.75 100.00 1.00
J.UTILITIES 7 955,107,263 0.99 7.82 71.43 100.00 0.98
L1.COMMERCIAL PERSONAL 29 181,244,308 * * * * *
L2.INDUSTRIAL PERSONAL 0 510,509,410 * * * * *
M.OTHER PERSONAL 0 97,974,001 * * * * *
O.RESIDENTIAL INVENTORY 0 19,026,239 * * * * *
S.SPECIAL INVENTORY 0 11,040,691 * * * * *
OVERALL 575 6,101,951,805 0.97 12.25 56.52 87.13 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