taxes Property Tax Assistance

2017 Property Value Study

CAD Summary Worksheet

152 Lubbock
Category Number of Ratios ** 2017 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 1,906 11,802,648,196 .98 9.92 69.93 92.07 1.01
B. Multi-Family Residences 75 1,627,363,649 * * * * *
C1. Vacant Lots 0 320,914,472 * * * * *
C2. Colonia lots 0 0 * * * * *
D2. Farm/Ranch Imp 0 3,795,117 * * * * *
E. Rural non-qualified 87 290,386,700 .95 18.60 43.67 75.86 1.02
F1. Commercial Real 254 3,878,292,096 1.01 14.40 51.57 83.07 1.07
F2. Industrial Real 0 178,594,509 * * * * *
G. Oil, Gas, Minerals 35 92,786,090 * * * * *
J. Utilities 10 448,447,534 * * * * *
L1. Commercial Personal 154 1,598,015,268 .99 15.70 55.19 81.81 1.01
L2. Industrial Personal 0 374,679,152 * * * * *
M. Other Personal 0 34,707,676 * * * * *
O. Residential Inventory 0 45,062,788 * * * * *
S. Special Inventory 0 118,321,742 * * * * *
Overall 2,521 20,814,014,989 .98 11.13 66.16 89.56 1.01

* 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