School and Appraisal Districts' Property Value Study 2003 Preliminary Report

DATE: 1/22/2004 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 38 TIME: 15:40 2003 PROPERTY VALUE STUDY RPT: VAL7018 FIELD STUDIES CATEGORY WORKSHEET 152 Lubbock 152-909 Shallowater CATEGORY A: SINGLE-FAMILY RESIDENCES ------------------------------------------------------------------------------------------------------------------------------------ LEGAL APPRAISAL ROLL S SALE SALE CAD ADJ IND DESCRIPTION ACCOUNT NUMBER C DATE PRICE APPR VAL SALE PRICE RATIO ------------------------------------------------------------------------------------------------------------------------------------ WINDSONG L 3 117960 C 10/02 84,500 82,364 84,500 .9747 WRIGHT HEIGHTS L 98 127441 C 8/02 63,000 52,824 63,000 .8385 WRIGHT HEIGHTS L 120 127997 C 5/02 44,500 51,023 44,500 1.1466 BLK D5 SEC 19 AB 178 TR 1 OF N 132614 C 7/02 35,000 33,644 35,000 .9613 LYONS NEW SECOND L 3 135321 C 4/03 67,500 50,320 67,500 .7455 LYONS NEW SECOND L 10 135861 C 6/02 32,000 30,850 32,000 .9641 NORTH PARK L 5 138609 C 4/03 72,500 82,339 72,500 1.1357 NORTH PARK L 10 138614 C 6/02 120,000 116,924 120,000 .9744 DIAMONDHEAD ESTATES L 7 138625 C 9/02 150,500 154,860 150,500 1.0290 MUSTANG HEIGHTS L 3 142612 C 6/02 178,000 178,000 178,000 1.0000 MUSTANG HEIGHTS L 15 142624 C 3/03 184,500 143,524 184,500 .7779 MUSTANG HEIGHTS L 16 142625 C 7/02 190,000 179,982 190,000 .9473 MUSTANG HEIGHTS L 19 142628 C 1/02 165,000 188,084 165,000 1.1399 MUSTANG HEIGHTS L 25 142634 C 6/02 225,000 235,758 225,000 1.0478 BLK D5 SEC 15 AB 151 TR A2 OF 144557 C 8/02 78,500 50,949 78,500 .6490 BLK JS SEC 28 AB 908 SE/CORNER 145080 W 7/02 119,900 119,770 119,900 1.0000 TOWN VILLAGE SOUTH L 6 & E8'OF 145244 C 5/02 58,550 69,408 58,550 1.1854 NORTH PARK L 28 150264 C 6/02 108,500 108,500 108,500 1.0000 HOHERTZ & LINDSEY L 4 150798 W 6/02 144,000 125,955 144,000 .8700 NORTH PARK L 23 153267 C 6/02 84,900 86,904 84,900 1.0236 NORTH PARK L 24 154159 C 2/03 96,950 92,459 96,950 .9537 RENO L 6 159857 C 9/02 175,000 167,655 175,000 .9580 MILWAUKEE HEIGHTS L 26 160004 C 11/02 68,695 65,184 68,695 .9489 BLK D5 SEC 29 AB 173 TRS A1 & 164090 C 9/02 225,250 231,375 225,250 1.0272 NEWMAN'S 2ND L 5 25081 C 2/02 89,000 92,945 89,000 1.0443 PINECROFT L 184 30826 C 5/02 70,000 68,373 70,000 .9768 RIDGECREST L 41 33466 C 8/02 60,510 58,993 60,510 .9749 RIPLEY BLK 15 TR E 75X118'IN S 35603 C 11/02 18,000 32,146 18,000 1.7859 RIPLEY BLK 15 TR C 75X118'IN S 36622 C 11/02 18,000 27,115 18,000 1.5064 HOHERTZ AND LINDSEY L 79 42381 C 10/02 186,000 186,643 186,000 1.0035 ORIG T SHALLOWATER BLK 8 L 9 64687 C 11/02 23,253 26,374 23,253 1.1342 31 SALES CATEGORY A: SINGLE-FAMILY RESIDENCES ------------------------------------------------------------------------------------------------------------------------------------ LEGAL APPRAISAL ROLL LOC ADD CAD TOTAL IND DESCRIPTION ACCOUNT NUMBER MOD OBS APPR VAL APPR VAL RATIO ------------------------------------------------------------------------------------------------------------------------------------ WRIGHT HEIGHTS W5' OF L 41 & E 124109 1.25 .00 55,441 54,993 1.0100 WRIGHT HEIGHTS L 64 & E10' OF 125883 1.25 .00 67,788 65,609 1.0300 WRIGHT HEIGHTS L 129 & E5' OF 128605 1.25 .00 67,275 62,931 1.0700 PINECROFT L 181 30618 1.25 .00 68,497 73,603 .9300 4 APPRAISALS

DATE: 1/22/2004 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 39 TIME: 15:40 2003 PROPERTY VALUE STUDY RPT: VAL7018 FIELD STUDIES CATEGORY WORKSHEET 152 Lubbock 152-909 Shallowater STRATIFIED WEIGHTED MEAN RATIO: .9816 CATEGORY B: MULTIFAMILY RESIDENCES INSUFFICIENT SALES OR APPRAISALS IN SAMPLE; STAFF ASSIGNED LOCAL VALUE. CATEGORY C: VACANT LOTS/TRACTS INSUFFICIENT SALES OR APPRAISALS IN SAMPLE; STAFF ASSIGNED LOCAL VALUE. CATEGORY D: RURAL REAL ------------------------------------------------------------------------------------------------------------------------------------ LEGAL APPRAISAL ROLL S SALE CAD ADJ IND DESCRIPTION ACCOUNT NUMBER C DATE APPR VAL SALE PRICE RATIO ------------------------------------------------------------------------------------------------------------------------------------ BLK P SEC 25 AB 351 TR 3B AC: 113711 C 1/02 38,022 52,950 .7181 BLK JS SEC 24 AB 904 TR E1 OF 151838 C 7/02 18,470 16,000 1.1544 BLK P SEC 29 AB 364 NE/4 AC: 1 92871 C 11/02 53,288 64,000 .8326 BLK D5 SEC 22 AB 855 TR 15B OF 95778 C 5/02 73,163 74,950 .9762 4 SALES CATEGORY D: RURAL REAL ------------------------------------------------------------------------------------------------------------------------------------ LEGAL APPRAISAL ROLL CAD TOTAL IND DESCRIPTION ACCOUNT NUMBER APPR VAL APPR VAL RATIO ------------------------------------------------------------------------------------------------------------------------------------ BLK P SEC 24 AB 826 W/2 33467 46,549 45,382 1.0300 BLK D5 SEC 27 AB 174 E/PT TR A 74395 4,358 4,909 .8900 BLK D5 SEC 26 AB 865 NE/4 76775 162,718 162,718 1.0000 BLK D5 SEC 8 AB 1081 NW/4 & PT 91324 138,002 139,693 .9900 BLK P SEC 31 AB 365 TR C4 93938 41,059 42,534 .9700 BLK P SEC 31 AB 365 TR A2 94328 47,764 48,062 .9900 6 APPRAISALS STRATIFIED WEIGHTED MEAN RATIO: .9573 CATEGORY F: COMMERCIAL REAL INSUFFICIENT SALES OR APPRAISALS IN SAMPLE; STAFF ASSIGNED LOCAL VALUE. CATEGORY L: COMMERCIAL PERSONAL INSUFFICIENT SALES OR APPRAISALS IN SAMPLE; STAFF ASSIGNED LOCAL VALUE.