taxes Property Tax Assistance

2024 Appraisal District Ratio Study

Appraisal District Summary Worksheet

154-Madison

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 93 366,187,979 1.01 13.10 51.61 86.02 1.01
B.MULTI-FAMILY RESIDENCES 0 6,223,430 * * * * *
C1.VACANT LOTS 0 32,228,970 * * * * *
C2.COLONIA LOTS 0 0 * * * * *
D2.FARM/RANCH IMP 15 33,716,328 1.02 7.47 80.00 93.33 1.08
E.RURAL-NON-QUAL 63 651,878,695 1.02 18.18 47.62 74.60 1.03
F1.COMMERCIAL REAL 32 149,791,900 0.98 10.30 68.75 87.50 1.03
F2.INDUSTRIAL REAL 0 32,798,130 * * * * *
G.OIL, GAS, MINERALS 34 180,947,930 1.00 0.65 100.00 100.00 1.00
J.UTILITIES 12 264,079,060 0.92 4.44 100.00 100.00 1.00
L1.COMMERCIAL PERSONAL 0 31,932,130 * * * * *
L2.INDUSTRIAL PERSONAL 0 77,612,910 * * * * *
M.OTHER PERSONAL 0 31,879,610 * * * * *
O.RESIDENTIAL INVENTORY 0 0 * * * * *
S.SPECIAL INVENTORY 0 6,475,440 * * * * *
OVERALL 249 1,865,752,512 1.00 11.92 62.25 85.14 1.05

* 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