taxes Property Tax Assistance

2022 Appraisal District Ratio Study

Appraisal District Summary Worksheet

093-Grimes

Study Results Last Updated: Oct. 06, 2023

Category Number of Ratios ** 2022 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 307 1,278,832,662 0.96 11.77 61.89 87.30 0.99
B.MULTI-FAMILY RESIDENCES 0 11,243,100 * * * * *
C1.VACANT LOTS 65 182,683,024 * * * * *
C2.COLONIA LOTS 0 0 * * * * *
D2.FARM/RANCH IMP 0 65,035,563 * * * * *
E.RURAL-NON-QUAL 120 1,231,982,596 0.95 13.91 49.17 90.00 1.02
F1.COMMERCIAL REAL 42 199,624,187 * * * * *
F2.INDUSTRIAL REAL 0 265,522,943 * * * * *
G.OIL, GAS, MINERALS 9 100,206,486 * * * * *
J.UTILITIES 9 684,233,291 0.81 28.64 22.22 33.33 0.90
L1.COMMERCIAL PERSONAL 0 155,367,832 * * * * *
L2.INDUSTRIAL PERSONAL 0 415,785,843 * * * * *
M.OTHER PERSONAL 0 77,064,555 * * * * *
O.RESIDENTIAL INVENTORY 0 7,098,974 * * * * *
S.SPECIAL INVENTORY 0 12,094,750 * * * * *
OVERALL 552 4,686,775,806 0.97 12.84 57.79 87.14 1.00

* 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