taxes Property Tax Assistance

2023 Appraisal District Ratio Study

Appraisal District Summary Worksheet

040-Cochran

Study Results Last Updated: Oct. 22, 2024

Category Number of Ratios ** 2023 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 48 26,779,838 0.69 25.15 14.58 52.08 0.94
B.MULTI-FAMILY RESIDENCES 0 25,659 * * * * *
C1.VACANT LOTS 0 1,033,270 * * * * *
C2.COLONIA LOTS 0 0 * * * * *
D2.FARM/RANCH IMP 0 1,142,688 * * * * *
E.RURAL-NON-QUAL 18 15,606,272 0.68 28.68 38.89 55.56 0.79
F1.COMMERCIAL REAL 26 5,582,846 1.00 13.54 53.85 84.62 1.04
F2.INDUSTRIAL REAL 0 1,271,517 * * * * *
G.OIL, GAS, MINERALS 38 352,249,015 1.00 3.24 89.47 100.00 0.99
J.UTILITIES 2 137,926,621 0.85 0.00 100.00 100.00 0.86
L1.COMMERCIAL PERSONAL 12 5,969,570 0.99 7.32 58.33 100.00 1.02
L2.INDUSTRIAL PERSONAL 0 11,804,827 * * * * *
M.OTHER PERSONAL 0 793,581 * * * * *
O.RESIDENTIAL INVENTORY 0 0 * * * * *
S.SPECIAL INVENTORY 0 722,816 * * * * *
OVERALL 144 560,908,520 0.95 19.77 44.44 68.06 0.86

* 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