taxes Property Tax Assistance

2024 Appraisal District Ratio Study

Appraisal District Summary Worksheet

194-Red River

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 192 324,727,409 1.02 12.14 55.73 87.50 1.01
B.MULTI-FAMILY RESIDENCES 0 4,269,082 * * * * *
C1.VACANT LOTS 0 12,494,699 * * * * *
C2.COLONIA LOTS 0 0 * * * * *
D2.FARM/RANCH IMP 0 28,818,784 * * * * *
E.RURAL-NON-QUAL 84 370,364,756 0.99 14.29 53.57 78.57 1.01
F1.COMMERCIAL REAL 34 30,487,369 * * * * *
F2.INDUSTRIAL REAL 0 64,720,461 * * * * *
G.OIL, GAS, MINERALS 0 7,047,188 * * * * *
J.UTILITIES 0 56,246,286 * * * * *
L1.COMMERCIAL PERSONAL 0 14,810,252 * * * * *
L2.INDUSTRIAL PERSONAL 0 353,420,211 * * * * *
M.OTHER PERSONAL 0 12,411,899 * * * * *
O.RESIDENTIAL INVENTORY 0 9,585 * * * * *
S.SPECIAL INVENTORY 0 1,054,380 * * * * *
OVERALL 310 1,280,882,361 1.00 13.89 52.58 83.23 1.02

* 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