taxes Property Tax Assistance

2024 Appraisal District Ratio Study

Appraisal District Summary Worksheet

213-Somervell

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 58 778,222,353 * * * * *
B.MULTI-FAMILY RESIDENCES 0 17,294,170 * * * * *
C1.VACANT LOTS 0 89,945,797 * * * * *
C2.COLONIA LOTS 0 0 * * * * *
D2.FARM/RANCH IMP 0 1,150,230 * * * * *
E.RURAL-NON-QUAL 30 546,571,417 * * * * *
F1.COMMERCIAL REAL 38 155,856,914 * * * * *
F2.INDUSTRIAL REAL 0 11,678,232 * * * * *
G.OIL, GAS, MINERALS 0 5,462,860 * * * * *
J.UTILITIES 1 99,172,440 * * * * *
L1.COMMERCIAL PERSONAL 0 29,270,680 * * * * *
L2.INDUSTRIAL PERSONAL 0 3,187,168,185 * * * * *
M.OTHER PERSONAL 0 7,204,830 * * * * *
O.RESIDENTIAL INVENTORY 0 5,081,830 * * * * *
S.SPECIAL INVENTORY 0 129,410 * * * * *
OVERALL 127 4,934,209,348 1.00 10.50 66.93 86.61 0.97

* 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