taxes Property Tax Assistance

2023 Appraisal District Ratio Study

Appraisal District Summary Worksheet

152-Lubbock

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 1,450 20,958,682,434 0.99 10.30 64.14 91.24 1.01
B.MULTI-FAMILY RESIDENCES 60 2,713,632,429 * * * * *
C1.VACANT LOTS 0 455,397,560 * * * * *
C2.COLONIA LOTS 0 0 * * * * *
D2.FARM/RANCH IMP 0 8,007,967 * * * * *
E.RURAL-NON-QUAL 112 1,018,145,511 0.96 24.98 33.93 66.07 1.02
F1.COMMERCIAL REAL 252 5,225,087,530 1.01 8.76 77.38 91.67 1.00
F2.INDUSTRIAL REAL 0 257,850,542 * * * * *
G.OIL, GAS, MINERALS 25 135,277,690 * * * * *
J.UTILITIES 13 752,144,679 * * * * *
L1.COMMERCIAL PERSONAL 123 2,347,074,303 1.00 17.31 54.47 78.05 1.08
L2.INDUSTRIAL PERSONAL 0 548,461,298 * * * * *
M.OTHER PERSONAL 0 50,756,594 * * * * *
O.RESIDENTIAL INVENTORY 0 89,668,468 * * * * *
S.SPECIAL INVENTORY 0 174,094,617 * * * * *
OVERALL 2,035 34,734,281,622 0.99 11.41 63.34 89.14 0.97

* 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