taxes Property Tax Assistance

2024 Appraisal District Ratio Study

Appraisal District Summary Worksheet

165-Midland

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 720 16,198,013,218 0.98 9.82 65.14 93.33 1.02
B.MULTI-FAMILY RESIDENCES 27 2,148,379,408 1.01 14.37 40.74 88.89 1.01
C1.VACANT LOTS 44 337,904,479 0.53 45.11 9.09 25.00 1.04
C2.COLONIA LOTS 0 0 * * * * *
D2.FARM/RANCH IMP 0 0 * * * * *
E.RURAL-NON-QUAL 21 474,971,593 0.61 43.64 19.05 33.33 0.96
F1.COMMERCIAL REAL 48 4,526,095,312 0.99 20.64 50.00 70.83 0.91
F2.INDUSTRIAL REAL 0 1,339,061,098 * * * * *
G.OIL, GAS, MINERALS 71 27,558,903,452 1.00 1.17 100.00 100.00 1.00
J.UTILITIES 15 2,759,168,612 0.94 2.56 100.00 100.00 1.00
L1.COMMERCIAL PERSONAL 38 2,715,277,341 1.00 8.95 60.53 92.11 0.97
L2.INDUSTRIAL PERSONAL 0 4,445,383,850 * * * * *
M.OTHER PERSONAL 0 203,557,790 * * * * *
O.RESIDENTIAL INVENTORY 0 0 * * * * *
S.SPECIAL INVENTORY 0 86,476,850 * * * * *
OVERALL 984 62,793,193,003 0.98 12.10 63.11 87.70 0.95

* 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