taxes Property Tax Assistance

2024 Appraisal District Ratio Study

Appraisal District Summary Worksheet

140-Lamb

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 252 300,661,953 0.80 25.17 25.00 56.75 0.96
B.MULTI-FAMILY RESIDENCES 0 3,940,420 * * * * *
C1.VACANT LOTS 0 2,227,882 * * * * *
C2.COLONIA LOTS 0 0 * * * * *
D2.FARM/RANCH IMP 0 7,877,431 * * * * *
E.RURAL-NON-QUAL 82 83,187,183 0.60 36.73 21.95 50.00 0.80
F1.COMMERCIAL REAL 23 43,928,935 * * * * *
F2.INDUSTRIAL REAL 0 259,471,600 * * * * *
G.OIL, GAS, MINERALS 8 33,454,850 * * * * *
J.UTILITIES 8 658,834,501 0.95 0.92 100.00 100.00 1.01
L1.COMMERCIAL PERSONAL 8 28,833,550 * * * * *
L2.INDUSTRIAL PERSONAL 0 41,447,010 * * * * *
M.OTHER PERSONAL 0 8,780,260 * * * * *
O.RESIDENTIAL INVENTORY 0 5,670 * * * * *
S.SPECIAL INVENTORY 0 4,460,390 * * * * *
OVERALL 381 1,477,111,635 0.80 26.67 20.73 54.33 0.85

* 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