taxes Property Tax Assistance

2024 Appraisal District Ratio Study

Appraisal District Summary Worksheet

125-Jim Wells

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 286 706,888,098 0.73 23.59 29.72 65.38 0.98
B.MULTI-FAMILY RESIDENCES 0 22,569,172 * * * * *
C1.VACANT LOTS 0 17,922,882 * * * * *
C2.COLONIA LOTS 0 0 * * * * *
D2.FARM/RANCH IMP 0 13,374,102 * * * * *
E.RURAL-NON-QUAL 176 887,327,727 0.82 33.86 23.30 52.27 1.07
F1.COMMERCIAL REAL 64 257,252,072 0.88 25.02 28.13 54.69 1.02
F2.INDUSTRIAL REAL 0 98,195,058 * * * * *
G.OIL, GAS, MINERALS 7 8,048,650 * * * * *
J.UTILITIES 23 490,563,055 0.95 4.95 95.65 95.65 0.98
L1.COMMERCIAL PERSONAL 40 141,217,566 * * * * *
L2.INDUSTRIAL PERSONAL 0 165,752,490 * * * * *
M.OTHER PERSONAL 0 38,099,530 * * * * *
O.RESIDENTIAL INVENTORY 0 0 * * * * *
S.SPECIAL INVENTORY 0 11,996,516 * * * * *
OVERALL 596 2,859,206,918 0.82 27.20 21.48 58.89 0.91

* 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