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DATE:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE:      1
TIME:     21:34                                       2003 PROPERTY VALUE STUDY                                         RPT: VAL7065
                                                        CAD SUMMARY WORKSHEET
                                                           237  Waller

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                     NUMBER OF        2003 CAD REPT   MED LEV   COEFFICIENT     % RATIOS W/IN        % RATIOS W/IN     PRICE-RELATED
    CATEGORY         RATIOS **       APPRAISED VALUE  OF APPR  OF DISPERSION  (+/-)10% OF MEDIAN   (+/-)25% OF MEDIAN   DIFFERENTIAL
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A.  SINGLE-FAMILY       289           $8,046,235,942    1.00        9.93             68.86                90.66             1.00
    RESIDENCES

B.  MULTI-FAMILY         15             $339,871,887     .94        6.60             66.67               100.00             1.02
    RESIDENCES

C.  VACANT LOTS          38             $318,210,048     *           *                 *                    *                *

D.  RURAL REAL           87           $1,806,327,143    1.06       20.88             37.93                71.26             1.13

F1. COMMERCIAL REAL     127           $1,988,379,328     .98        9.84             74.80                90.55              .98

F2. INDUSTRIAL REAL       0              $93,305,080     *           *                 *                    *                *

G.  OIL, GAS,            13              $55,138,099     .92       11.03             69.23                92.31              .96
    MINERALS

J.  UTILITIES            10             $421,090,908     *           *                 *                    *                *

L1. COMMERCIAL           45             $778,216,400    1.00        8.62             71.11                91.11             1.10
    PERSONAL

L2. INDUSTRIAL            0             $176,985,895     *           *                 *                    *                *
    PERSONAL

M.  OTHER PERSONAL        0              $45,983,360     *           *                 *                    *                *

O.  RESIDENTIAL           0             $158,551,330     *           *                 *                    *                *
    INVENTORY

S.  SPECIAL               0              $89,778,210     *           *                 *                    *                *
    INVENTORY

    TOTALS:             624          $14,318,073,630    1.00       12.23             63.62                86.86             1.05


*   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