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2021 Appraisal District Ratio Study

Appraisal District Summary Worksheet

212-Smith

Study Results Last Updated: Jan. 25, 2022

Category Number of Ratios ** 2021 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 1,641 11,693,005,393 0.97 7.44 77.21 94.21 1.00
B. MULTI-FAMILY RESIDENCES 49 1,030,996,982 * * * * *
C1. VACANT LOTS 0 381,352,145 * * * * *
D2. FARM/RANCH IMP 0 50,543,865 * * * * *
E. RURAL-NON-QUAL 258 1,745,019,557 0.98 14.62 55.81 79.07 1.00
F1. COMMERCIAL REAL 176 3,249,867,598 0.95 12.89 53.98 83.52 0.97
F2. INDUSTRIAL REAL 0 501,888,587 * * * * *
G. OIL, GAS, MINERALS 0 161,118,938 * * * * *
J. UTILITIES 21 570,471,136 0.64 37.40 4.76 23.81 0.74
L1. COMMERCIAL PERSONAL 100 1,355,326,673 * * * * *
L2. INDUSTRIAL PERSONAL 0 651,002,142 * * * * *
M. OTHER PERSONAL 0 93,572,835 * * * * *
O. RESIDENTIAL INVENTORY 0 63,536,127 * * * * *
S. SPECIAL INVENTORY 0 100,342,480 * * * * *
OVERALL 2,245 21,648,044,458 0.97 9.16 71.89 90.96 1.03

* 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