taxes Property Tax Assistance

2016 Property Value Study

CAD Summary Worksheet

194 Red River
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 196 145,762,168 .94 15.74 40.30 84.69 .97
B. Multi-Family Residences 0 2,547,814 * * * * *
C1. Vacant Lots 0 6,381,392 * * * * *
C2. Colonia lots 0 0 * * * * *
D2. Farm/Ranch Imp 21 12,867,852 * * * * *
E. Rural non-qualified 66 162,300,438 1.00 15.73 40.90 80.30 1.00
F1. Commercial Real 26 20,946,223 * * * * *
F2. Industrial Real 0 16,791,271 * * * * *
G. Oil, Gas, Minerals 0 4,371,922 * * * * *
J. Utilities 9 34,535,469 * * * * *
L1. Commercial Personal 0 9,248,564 * * * * *
L2. Industrial Personal 0 50,934,776 * * * * *
M. Other Personal 0 7,073,158 * * * * *
O. Residential Inventory 0 72,359 * * * * *
S. Special Inventory 0 817,318 * * * * *
Overall 318 474,650,724 .95 15.17 42.45 84.27 .98

* 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