taxes Property Tax Assistance

2016 Property Value Study

CAD Summary Worksheet

165 Midland
Category Number of Ratios ** 2016 CAD Rept Appraised Value Median Level of Appr Coefficient of Dispersion % Ratios w/in (+/-) 10% of Median % Ratios w/in (+/-) 25% of Median Price-Related Differential
A. Single-Family Residences 453 9,002,481,410 .99 7.83 75.05 95.80 1.01
B. Multi-Family Residences 30 728,390,240 .98 7.89 66.66 100.00 .99
C1. Vacant Lots 45 285,021,350 * * * * *
C2. Colonia lots 0 0 * * * * *
D2. Farm/Ranch Imp 0 0 * * * * *
E. Rural non-qualified 28 373,559,510 .91 14.33 50.00 82.14 .98
F1. Commercial Real 43 2,698,903,605 .99 16.82 44.18 74.41 1.16
F2. Industrial Real 0 516,071,930 * * * * *
G. Oil, Gas, Minerals 63 2,912,148,911 1.02 246.39 71.42 92.06 3.35
J. Utilities 8 749,175,160 .91 3.71 87.50 100.00 1.01
L1. Commercial Personal 37 1,286,245,380 .98 6.67 81.08 94.59 .98
L2. Industrial Personal 0 3,323,409,530 * * * * *
M. Other Personal 0 120,075,660 * * * * *
O. Residential Inventory 0 10,168,050 * * * * *
S. Special Inventory 0 68,605,700 * * * * *
Overall 707 22,074,256,436 .99 31.32 68.45 92.07 1.22

* Not Calculated - Need a minimum of 5 ratios from either (A) categories representing at least 25% of total CAD category value or (B) 5 ISDs or half the ISDs in the CAD, whichever is less
** Statistical measures may not be reliable when the sample is small