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DATE: 02/25/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE: 001
TIME: 07:50:18                                   2004 FIELD STUDIES CATEGORY WORKSHEET                                  REPT: PTS236
                                                          027/Burnet                                                    VRSN: P
                                                        027-904/Marble Falls ISD

____________________________________________________________________________________________________________________________________


CATEGORY A  - STRATUM   2
$     46,463 - $    130,494

LEGAL DESCRIPTION            ACCOUNT NUMBER             S/A SALE DATE    SALE PRICE    LOCAL VALUE        PTD VALUE      RATIO
_________________            ______________             ___ _________    __________    ___________        _________      _____

DRIFTWOOD, LT 151,152,& 1   R12681                      S    09/2003        56,000          50,157           55,510     0.9036
DRIFTWOOD, LT 193A          R12717                      S    08/2003        91,750          79,741           90,718     0.8790
DRIFTWOOD, LT 236,237,184   R12751                      S    04/2003        58,000          67,989           56,768     1.1977
DRIFTWOOD, LT 263 & PT OF   R12774                      S    10/2003        85,000          87,920           84,469     1.0409
DRIFTWOOD, LT 285           R12793                      S    12/2003        92,000          94,520           91,885     1.0287
FOREST HILLS, LT 210, 211   R15018                      S    07/2003       135,000         123,874          133,144     0.9304
GREENBRAIR(SHERWOOD SHORE   R16787                      S    11/2003        61,500          68,006           61,269     1.1100
GREENBRIAR (SHERWOOD SHOR   R16887                      S    08/2003       133,300         117,193          131,800     0.8892
GREENCASTLE (SHERWOOD SHO   R17619                      S    10/2003       103,000          95,112          102,356     0.9292
GREEN VALLEY (SHERWOOD SH   R17813                      S    10/2003        79,500          76,481           79,003     0.9681
HIGHLAND HAVEN, LT 275, S   R19180                      S    05/2003        80,000          83,049           78,500     1.0579
HIGHLAND HAVEN, LT 277, S   R19182                      S    12/2003       117,000         106,354          116,854     0.9101
HILLCREST (SHERWOOD SHORE   R20124                      S    01/2004        38,250          49,199           38,298     1.2846
HORSESHOE BAY SOUTH, LT K   R21060                      S    12/2003        83,750          73,923           83,645     0.8838
LACY LANS, LT 46, SEC 2     R25785                      S    08/2003       129,900         121,037          128,439     0.9424
LAKESIDE BEACH, LT 28, SE   R26306                      S    10/2003        46,420          50,912           46,130     1.1037
LIVE OAK, LT 283 & 284      R27104                      S    10/2003        96,300          92,838           95,698     0.9701
LIVE OAK, LT 446-447, LT    R27247, R27248, R69109      S    12/2003        77,000          83,229           76,904     1.0822
LIVE OAK, LT 851,852,853,   R27585                      S    04/2003        42,000          48,999           41,108     1.1920
LIVE OAK, LT 916 & 917      R27646                      S    12/2003       117,500         104,961          117,353     0.8944
LOMA VISTA, LT S PT OF 6    R27904                      S    11/2003       126,000         125,006          125,528     0.9958
MARBLE FALLS CITY, BLK 23   R28481                      S    07/2003        69,400          69,606           68,446     1.0169
MARBLE FALLS CITY, BLK 29   R28538                      S    04/2003        68,200          63,734           66,751     0.9548
MARBLE FALLS CITY, BLK 35   R28584                      S    09/2003        80,000          69,279           79,300     0.8736
MARBLE FALLS CITY, BLK 78   R28801                      S    10/2003        48,000          59,995           47,700     1.2578
MARBLE FALLS CITY, BLK 29   R29603                      S    04/2003        97,000          93,190           94,939     0.9816
MEADOWLAKES, LT 198-R27 &   R30093                      S    06/2003       137,000         125,670          134,774     0.9324
MEADOWLAKES, LT 642, SEC    R30454                      S    10/2003       139,000         121,393          138,131     0.8788
MEADOWLAKES, LT 825, SEC    R30644                      S    07/2003       117,000         111,650          115,391     0.9676
NORTHWOOD AC, LT 35 SEC 1   R32895                      S    12/2003        90,000          90,285           89,888     1.0044
NORTHWOOD AC, LT 81, SEC    R32918                      S    04/2003       118,900         119,917          116,373     1.0305
NORTHWOOD AC, LT 102A, SE   R33042                      S    08/2003       115,000          98,112          113,706     0.8629
PALEFACE LAKE COUNTY ESTA   R34024                      S    06/2003        65,000          98,896           63,944     1.5466
PECAN VALLEY, LT 26 & 37    R35085                      S    11/2003       109,000         107,835          108,591     0.9930
PECAN VALLEY, LT 28         R35087                      S    08/2003       120,000         125,438          118,650     1.0572
PECAN VALLEY, LT 36         R35095                      S    06/2003       142,000         122,217          139,693     0.8749
PECAN VALLEY, LT 95         R35153                      S    02/2004        98,000         107,393           98,368     1.0917
PECAN VALLEY, LT 101        R35159                      S    08/2003        83,000          81,587           82,066     0.9942
PECAN VALLEY, LT 140        R35197                      S    04/2003        47,000          48,844           46,001     1.0618
PECAN VALLEY, LT 151        R35207                      S    02/2004        96,500          96,046           96,862     0.9916
PECAN VALLEY, LT 166 AND    R35222                      S    10/2003       127,500         120,786          126,703     0.9533
RIVERA VILLAGE, LT 1        R37001                      S    04/2003       103,000          93,884          100,811     0.9313
DATE: 02/25/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE: 002
TIME: 07:50:18                                   2004 FIELD STUDIES CATEGORY WORKSHEET                                  REPT: PTS236
                                                          027/Burnet                                                    VRSN: P
                                                        027-904/Marble Falls ISD

____________________________________________________________________________________________________________________________________

CATEGORY A  - STRATUM   2
$     46,463 - $    130,494

LEGAL DESCRIPTION            ACCOUNT NUMBER             S/A SALE DATE    SALE PRICE    LOCAL VALUE        PTD VALUE      RATIO
_________________            ______________             ___ _________    __________    ___________        _________      _____
SCARLET OAKS, LT 120 & 12   R37762                      S    12/2003        63,000          64,152           62,921     1.0196
SCARLET OAKS, LT 225 & 22   R37848                      S    10/2003        59,700          59,822           59,327     1.0083
SCARLET OAKS, LT 432, 433   R38032                      S    07/2003        65,500          65,893           64,599     1.0200
SCARLET OAKS, LT 540 & 54   R38136                      S    10/2003        72,000          65,090           71,550     0.9097
SHADY AC, LT 17, SEC 1      R38352                      S    08/2003        60,000          77,470           59,325     1.3059
SHADY AC, LT 68, 69, & PT   R38393                      S    04/2003        84,000          93,695           82,215     1.1396
SPICEWOOD ESTATES, LT 5,    R42288                      S    05/2003        81,000          82,112           79,481     1.0331
TANGLEWOOD, LT 201 & 202    R43538, R43539              S    07/2003        82,000          74,348           80,873     0.9193
TANGLEWOOD, LT 452 & 453    R43772                      S    12/2003        89,300          88,618           89,188     0.9936
WOODLAND HILLS, LT 313 TH   R46226                      S    08/2003       135,000         120,326          133,481     0.9014
YELLOWSTONE, LT 16 & PT O   R46530                      S    11/2003        89,000          88,142           88,666     0.9941
A0123 WM. C.M, BAKER, AC    R48450                      S    08/2003       127,500         110,114          126,066     0.8735
A0424 LYDIA HUNT, TR 2, A   R52312                      S    09/2003        80,000          88,341           79,300     1.1140
A530 A LUCKEY, TR C, UN 1   R53378                      S    09/2003        80,000          73,568           79,300     0.9277
A0667 PIERSON, TR PT 4 (0   R54883                      S    12/2003       111,300         112,069          111,161     1.0082
BEL AIR , SHERWOOD SHORES   R5601                       S    02/2004       129,500         119,461          129,986     0.9190
MARBLE FALLS CITY, BLK 20   R67720                      S    06/2003        84,900          89,654           83,520     1.0734
SMITHWICK MILLS EST., LT    R69673                      S    04/2003        50,000          47,006           48,938     0.9605
CASTLE HILLS (SHERWOOD SH   R8792                       S    06/2003        72,000          72,712           70,830     1.0266
CASTLE HILLS (SHERWOOD SH   R8888                       S    08/2003       115,000         113,850          113,706     1.0013
CHANNEL OAKS, LT 7, 8       R9349                       S    11/2003        50,000          79,601           49,813     1.5980
CHANNEL OAKS, LT 60 & 61,   R9431                       S    06/2003       117,000         106,428          115,099     0.9247
                                                                                       ___________      ___________     ______
                                                           STRATUM 2 TOTALS              5,718,729        5,761,812     0.9925

____________________________________________________________________________________________________________________________________


CATEGORY A  - STRATUM   3
$    130,495 - $    204,846

LEGAL DESCRIPTION            ACCOUNT NUMBER             S/A SALE DATE    SALE PRICE    LOCAL VALUE        PTD VALUE      RATIO
_________________            ______________             ___ _________    __________    ___________        _________      _____

FULLVIEW, LT 14A            R15070                      S    10/2003       225,000         201,440          223,594     0.9009
GREENCASTLE (SHERWOOD SHO   R17177, R17178              S    07/2003       110,000         187,821          108,488     1.7313
HARBOR COVE, LT 3 & UNDIV   R18486                      S    06/2003       136,250         131,611          134,036     0.9819
HIGHLAND HAVEN, LT 45 & .   R18973                      S    06/2003       190,000         169,381          186,913     0.9062
HIGHLAND HAVEN, LT 128-12   R19058, R19059              S    07/2003       110,000         147,788          108,488     1.3623
HIGHLAND HAVEN, LT 169, S   R19088                      S    09/2003       130,500         142,744          129,358     1.1035
HIGHLAND HAVEN, LT 172A R   R19091                      S    08/2003       180,000         162,995          177,975     0.9158
HIGHLAND HAVEN, LT 295 &    R19195                      S    07/2003       138,000         141,453          136,103     1.0393
HIGHLAND HAVEN, LT 399, S   R19297                      S    04/2003       163,000         153,163          159,536     0.9601
DATE: 02/25/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE: 003
TIME: 07:50:18                                   2004 FIELD STUDIES CATEGORY WORKSHEET                                  REPT: PTS236
                                                          027/Burnet                                                    VRSN: P
                                                        027-904/Marble Falls ISD

____________________________________________________________________________________________________________________________________


CATEGORY A  - STRATUM   3
$    130,495 - $    204,846

LEGAL DESCRIPTION            ACCOUNT NUMBER             S/A SALE DATE    SALE PRICE    LOCAL VALUE        PTD VALUE      RATIO
_________________            ______________             ___ _________    __________    ___________        _________      _____
HI-RIDGE TRAILS, LT PT OF   R19769, R19770              S    05/2003       139,900         140,763          137,277     1.0254
HILLTOP, LT 57              R20483                      S    08/2003       148,500         145,195          146,829     0.9889
HORSESHOE BAY, LT K14008    R22920                      S    09/2003       185,000         159,935          183,381     0.8721
HORSESHOE BAY NORTH, LT N   R23194                      S    09/2003       175,000         178,644          173,469     1.0298
HORSESHOE BAY NORTH, LT N   R23231                      S    04/2003       237,600         193,714          232,551     0.8330
LACY LANS, LT 2, SEC 1      R25744                      S    10/2003       172,500         165,718          168,938     0.9809
LACY LANS, LT 41, SEC 2,L   R25780, R25781              S    05/2003       140,000         173,658          137,375     1.2641
LACY LANS, LT 60, SEC 2     R25799                      S    02/2004       137,000         146,774          137,514     1.0673
LACY LANS, LT 133, SEC 3    R25833                      S    07/2003       155,000         139,683          152,869     0.9137
LOMA VISTA, LT 30, AC .66   R27940                      S    01/2004       161,000         184,314          161,201     1.1434
MEADOWLAKES, LT 32, SEC 1   R29791                      S    05/2003       175,000         179,753          171,719     1.0468
MEADOWLAKES, LT 66, SEC 1   R29825                      S    08/2003       186,500         193,333          184,402     1.0484
MEADOWLAKES, LT 73, SEC 1   R29832                      S    08/2003       127,000         133,751          125,571     1.0651
MEADOWLAKES, LT 88, SEC 1   R29848                      S    06/2003       138,650         138,051          136,397     1.0121
MEADOWLAKES, LT 123, SEC    R29872                      S    01/2004       200,000         186,107          200,250     0.9294
MEADOWLAKES, LT 150-44A,    R29952                      S    08/2003       162,000         164,505          160,178     1.0270
MEADOWLAKES, LT 150-60A,    R29972                      S    12/2003       185,000         179,134          184,769     0.9695
MEADOWLAKES, LT 317, SEC    R30131                      S    06/2003       151,000         139,085          148,546     0.9363
MEADOWLAKES, LT 330, SEC    R30144                      S    09/2003       170,000         167,594          168,513     0.9945
MEADOWLAKES, LT 347, SEC    R30161                      S    11/2003       129,600         140,426          129,114     1.0876
MEADOWLAKES, LT 357, SEC    R30171                      S    04/2003       153,000         163,493          149,749     1.0918
MEADOWLAKES, LT 362, SEC    R30176                      S    11/2003       159,000         138,779          158,404     0.8761
MEADOWLAKES, LT 365, SEC    R30179                      S    10/2003       223,000         195,843          221,606     0.8837
MEADOWLAKES, LT 370, SEC    R30184                      S    12/2003       127,000         133,370          126,841     1.0515
MEADOWLAKES, LT 418-R, SE   R30232                      S    01/2004       186,000         178,607          186,233     0.9591
MEADOWLAKES, LT 422-R, SE   R30236                      S    09/2003       185,000         190,687          183,381     1.0398
MEADOWLAKES, LT 428-R, SE   R30242                      S    12/2003       154,000         148,131          153,808     0.9631
MEADOWLAKES, LT 510-R, SE   R30324                      S    10/2003       212,000         200,442          210,675     0.9514
MEADOWLAKES, LT 520-A, SE   R30334                      S    01/2004       187,000         172,700          187,234     0.9224
MEADOWLAKES, LT 535-A, SE   R30349                      S    09/2003       183,000         178,496          181,399     0.9840
MEADOWLAKES, LT 540-R, SE   R30354                      S    10/2003       161,000         141,554          159,994     0.8847
MEADOWLAKES, LT 541-R, SE   R30355                      S    11/2003       165,000         146,957          164,381     0.8940
MEADOWLAKES, LT 659, SEC    R30470                      S    07/2003       175,000         156,943          172,594     0.9093
MEADOWLAKES, LT 712, SEC    R30523                      S    01/2004       209,000         182,832          209,261     0.8737
MEADOWLAKES, LT 742, SEC    R30553                      S    09/2003       158,500         154,850          157,113     0.9856
MEADOWLAKES, LT 828, SEC    R30647                      S    10/2003       192,000         185,587          190,800     0.9727
MEADOWLAKES, LT 983A & PT   R30805                      S    09/2003       172,000         146,853          170,495     0.8613
MEADOWLAKES, LT 1016A, SE   R30840                      S    05/2003       145,000         147,547          142,281     1.0370
MEADOWLAKES, LT 1193, SEC   R31006                      S    05/2003       185,000         177,678          181,531     0.9788
MEADOWLAKES, LT 1197A, SE   R31010                      S    07/2003       173,500         168,716          171,114     0.9860
PAPOOSE I, LT 11, 9.15 AC   R34345                      S    07/2003       178,000         183,000          175,553     1.0424
ROLLINGWOOD, LT 1, 45, 46   R37359                      S    06/2003       137,500         149,589          135,266     1.1059
VISTA DEL RIO, LT 19        R45024                      S    04/2003       184,500         173,102          180,579     0.9586
DATE: 02/25/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE: 004
TIME: 07:50:18                                   2004 FIELD STUDIES CATEGORY WORKSHEET                                  REPT: PTS236
                                                          027/Burnet                                                    VRSN: P
                                                        027-904/Marble Falls ISD

____________________________________________________________________________________________________________________________________


CATEGORY A  - STRATUM   3
$    130,495 - $    204,846

LEGAL DESCRIPTION            ACCOUNT NUMBER             S/A SALE DATE    SALE PRICE    LOCAL VALUE        PTD VALUE      RATIO
_________________            ______________             ___ _________    __________    ___________        _________      _____
A644 J NOBLE, TR PT OF 4    R54539                      S    04/2003       172,000         181,209          168,345     1.0764
A0644 JAMES NOBLE, TR 21    R54558                      S    04/2003       156,000         144,477          152,685     0.9462
A667 TPIERSON, TR PT 28 (   R54918                      S    05/2003       140,625         132,450          137,988     0.9599
WOODLAND PARK, LT 2A        R67908                      S    06/2003       216,500         203,478          212,982     0.9554
WOODLAND PARK, LT 3         R67909                      S    06/2003       186,686         174,594          183,652     0.9507
WOODLAND PARK, LT 32        R67938                      S    10/2003       198,500         194,006          197,259     0.9835
WILDFLOWER VILLAGE, LT 35   R69037                      S    09/2003       159,000         188,106          157,609     1.1935
WILDFLOWER VILLAGE, LT 43   R69045                      S    12/2003       157,000         193,100          156,804     1.2315
WOODLAND PARK, LT 1B        R69281                      S    12/2003       174,500         167,994          174,282     0.9639
CASTLE AC, LT W 1/2 OF 10   R8408, R8426                S    09/2003       150,000         131,127          148,688     0.8819
                                                                                       ___________      ___________     ______
                                                           STRATUM 3 TOTALS             10,214,830       10,265,940     0.9950
____________________________________________________________________________________________________________________________________

CATEGORY A  - STRATUM   4
$    204,847 - $    349,272

LEGAL DESCRIPTION            ACCOUNT NUMBER             S/A SALE DATE    SALE PRICE    LOCAL VALUE        PTD VALUE      RATIO
_________________            ______________             ___ _________    __________    ___________        _________      _____

GATEWAY PARK, BLK 1, LT 4   R15115                      S    09/2003       275,000         267,887          272,594     0.9827
SHERWOOD SHORES, GREENBRI   R16686                      S    06/2003       385,000         307,759          378,744     0.8126
HIGHLAND HAVEN,  LT 15      R18943, R70609              S    09/2003       385,000         291,210          381,631     0.7631
HIGHLAND HAVEN, LT 79 & .   R19007                      S    12/2003       225,000         209,950          224,719     0.9343
HIGHLAND HAVEN, LT 173A     R19092                      S    07/2003       270,000         255,964          266,288     0.9612
HIGHLAND LAKES AC, LT 8 A   R19429                      S    07/2003       250,000         285,064          246,563     1.1562
HI-RIDGE TRAILS, LT 83, S   R19750                      S    01/2004       188,350         207,056          188,585     1.0979
HILLTOP, LT 23,24           R20450                      S    10/2003       220,000         270,921          218,625     1.2392
HILLTOP, LT PT OF 52        R20478                      S    10/2003       230,000         223,760          228,563     0.9790
HORSESHOE BAY N, LT N3046   R23148                      S    07/2003       278,500         271,910          274,671     0.9899
HORSESHOE BAY N, LT N3046   R23150                      S    12/2003       288,000         280,834          287,640     0.9763
MEADOWLAKES, LT 3, SEC 1    R29762                      S    09/2003       322,500         309,159          319,678     0.9671
MEADOWLAKES, LT 65, SEC 1   R29824                      S    09/2003       346,600         340,099          343,567     0.9899
MEADOWLAKES, LT 367, SEC    R30181                      S    07/2003       230,000         224,861          226,838     0.9913
MEADOWLAKES, LT 397, SEC    R30211                      S    08/2003       235,000         214,149          232,356     0.9216
MEADOWLAKES, LT 705, SEC    R30516                      S    12/2003       225,000         219,940          224,719     0.9787
MEADOWLAKES, LT 1103, SEC   R30928                      S    11/2003       215,000         208,814          214,194     0.9749
MEADOWLAKES, LT 1108, SEC   R30933                      S    08/2003       195,000         221,706          192,806     1.1499
NAUMANNS CAMP, LT 4, AC 1   R32573                      S    08/2003       350,000         330,462          346,063     0.9549
PALEFACE PEDERNALES, LT -   R34082                      S    07/2003       350,000         312,703          345,188     0.9059
PALEFACE RANCH, LT 25, SE   R34186                      S    07/2003       262,500         281,649          258,891     1.0879
PECAN VALLEY SUB, LT 10     R35069                      S    10/2003       420,000         325,179          417,375     0.7791
THE POINT AT RIDGE HARBOR   R35810                      S    12/2003       265,000         260,000          264,669     0.9824
POST OAK ADDN, LT 3-4       R35884, R35885              S    07/2003       375,000         317,222          369,844     0.8577
THE RANCH (AKA HIDDEN HIL   R36214                      S    09/2003       345,000         333,812          341,981     0.9761
RIDGE HARBOR, LT 19A, SEC   R36585                      S    07/2003       225,000         241,134          221,906     1.0866
RIDGE HARBOR, SEC 1, LT 1   R36671                      S    10/2003       370,000         342,202          367,688     0.9307
SHADY AC, LT 80, SEC 1      R38405                      S    08/2003       199,000         215,391          196,761     1.0947
WINDERMERE OAKS, LT 30      R45383                      S    09/2003       350,000         285,704          346,938     0.8235
DATE: 02/25/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE: 005
TIME: 07:50:18                                   2004 FIELD STUDIES CATEGORY WORKSHEET                                  REPT: PTS236
                                                          027/Burnet                                                    VRSN: P
                                                        027-904/Marble Falls ISD

____________________________________________________________________________________________________________________________________


CATEGORY A  - STRATUM   4
$    204,847 - $    349,272

LEGAL DESCRIPTION            ACCOUNT NUMBER             S/A SALE DATE    SALE PRICE    LOCAL VALUE        PTD VALUE      RATIO
_________________            ______________             ___ _________    __________    ___________        _________      _____
A0303 EDWARD FITZSIMMONS,   R50414                      S    04/2003       235,000         227,356          230,006     0.9885
A477 JAMES JOHNSON, TR 7,   R52933                      S    11/2003       310,000         225,039          308,838     0.7287
BEL AIR , SHERWOOD SHORES   R5327                       S    08/2003       265,000         272,918          262,019     1.0416
BEL AIR , SHERWOOD SHORES   R5703                       S    07/2003       255,000         253,330          251,494     1.0073
BEL AIR , SHERWOOD SHORES   R5706                       S    11/2003       215,000         219,585          214,194     1.0252
MEADOWLAKES, LT 15, SEC 4   R65669                      S    08/2003       292,500         257,327          289,209     0.8898
LAKECLIFF / LAKE TRAVIS,    R68181                      S    09/2003       240,000         232,492          237,900     0.9773
LAKECLIFF / LAKE TRAVIS,    R68203                      S    10/2003       230,000         232,492          228,563     1.0172
CLEAR COVE, LT 23A          R69138                      S    09/2003       340,000         291,892          337,025     0.8661
HORSESHOE BAY, LT 37063-D   R69365                      S    11/2003       186,000         217,969          185,303     1.1763
HORSESHOE BAY NORTH, LT N   R69599                      S    07/2003       359,000         347,562          354,064     0.9816
CLEAR COVE (SHERWOOD SHOR   R9935                       S    12/2003       165,000         221,340          164,794     1.3431
CLEAR COVE, LT 3 &  HOWAR   R9936, R40563               S    12/2003       255,000         242,764          254,681     0.9532
CLEAR COVE, LT S 1/2 OF 9   R9942, R40587               S    08/2003       284,500         286,241          281,299     1.0176
CLEAR COVE (SHERWOOD SH),   R9972                       S    11/2003       315,000         296,661          313,819     0.9453
                                                                                       ___________      ___________     ______
                                                           STRATUM 4 TOTALS             11,681,469       12,113,293     0.9644

____________________________________________________________________________________________________________________________________

CATEGORY A  - STRATUM   5
$    349,273 - $999,999,999

LEGAL DESCRIPTION            ACCOUNT NUMBER             S/A SALE DATE    SALE PRICE    LOCAL VALUE        PTD VALUE      RATIO
_________________            ______________             ___ _________    __________    ___________        _________      _____

GREENCASTLE (SHERWOOD SHO   R17154, R69205              S    08/2003       372,500         349,636          372,500     0.9386
HIGHLAND HAVEN, LT 12A, S   R18941                      S    07/2003       475,000         453,626          475,000     0.9550
HORSESHOE BAY NORTH, LT 3   R23340                      S    04/2003       385,000         385,566          385,000     1.0015
LAKEVIEW , LT PT OF 36      R26785                      S    07/2003       467,500         482,809          467,500     1.0327
MARBLE FALLS CITY, BLK 23   R28487                      S    11/2003       479,000         364,057          479,000     0.7600
MEADOWLAKES, LT 1034A, SE   R30859                      S    08/2003       400,000         377,888          400,000     0.9447
MEADOWLAKES, LT 1158, SEC   R30984                      S    06/2003       561,000         523,398          561,000     0.9330
POST OAK ADDN, LT 5 & PT    R35886                      S    06/2003       390,000         363,863          390,000     0.9330
POST OAK ADDN, LT PT 7 LT   R35889, R69371              S    04/2003       435,000         464,842          435,000     1.0686
THE RANCH (HIDDEN HILLS),   R36419                      S    09/2003       325,000         384,490          325,000     1.1830
BEAVER ISLAND, LT 5         R5211                       S    04/2003       562,500         483,983          562,500     0.8604
BEAVER ISLAND, LT 45 & 46   R5252                       S    05/2003       670,000         613,127          670,000     0.9151
BARTON CREEK LAKESIDE, LT   R63783                      S    08/2003       900,000         601,925          900,000     0.6688
CLEAR COVE, LT 18, 112, 1   R9950                       S    08/2003       430,000         394,116          430,000     0.9165
                                                                                       ___________      ___________     ______
                                                           STRATUM 5 TOTALS              6,243,326        6,852,500     0.9111

____________________________________________________________________________________________________________________________________


CATEGORY A  - TOTALS
____________________________________________________________________________________________________________________________________

STRATUM  COMP     SAMPLE     STRATUM         SAMPLE          SAMPLE          STRATUM      STRATUM           STRATUM     CATEGORY
_______  ____     ______     _______         ______          ______          _______      _______           _______     ________
         CODE    PARCELS     PARCELS    LOCAL VALUE       PTD VALUE      LOCAL VALUE        RATIO         PTD VALUE        RATIO
         ____    _______     _______    ___________       _________      ___________        _____         _________        _____

   1      U            0        2,460               0               0       56,085,900                     56,085,900
   2      R           64        3,031       5,718,729       5,761,812      266,651,838       0.9925       268,666,839
   3      R           62        1,540      10,214,830      10,265,940      266,710,931       0.9950       268,051,187
   4      R           44          960      11,681,469      12,113,293      266,704,259       0.9644       276,549,418
   5      R           14          445       6,243,326       6,852,500      266,326,654       0.9111       292,313,307

TOTAL                184        8,436      33,858,354      34,993,545    1,122,479,582                  1,161,666,651       0.9663
____________________________________________________________________________________________________________________________________
DATE: 02/25/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE: 006
TIME: 07:50:18                                   2004 FIELD STUDIES CATEGORY WORKSHEET                                  REPT: PTS236
                                                          027/Burnet                                                    VRSN: P
                                                        027-904/Marble Falls ISD

____________________________________________________________________________________________________________________________________

CATEGORY C  - STRATUM   2
$      1,501 - $     21,375

LEGAL DESCRIPTION            ACCOUNT NUMBER             S/A SALE DATE    SALE PRICE    LOCAL VALUE        PTD VALUE      RATIO
_________________            ______________             ___ _________    __________    ___________        _________      _____
GREENBRAIR(SHERWOOD SHORE   R16875, R16876              S    05/2003         3,000           3,000            3,000     1.0000
GREENBRAIR(SHERWOOD SHORE   R17090, R17091              S    09/2003         2,000           3,000            2,000     1.5000
GREENCASTLE (SHERWOOD SHO   R17763, R17764, R17765      S    11/2003         3,000           4,200            3,000     1.4000
GREEN VALLEY (SHERWOOD SH   R17974, 17975, 17976, 180   S    09/2003         2,800           3,600            2,800     1.2857
HORSESHOE BAY, LT 43033B,   R20903                      S    05/2003         3,800           4,000            3,800     1.0526
HORSESHOE BAY SOUTH, LT K   R21075                      S    12/2003         2,000           2,000            2,000     1.0000
HORSESHOE BAY SOUTH, LT K   R21404                      S    11/2003         1,500           2,100            1,500     1.4000
LT K8041 HORSESHOE BAY SO   R22185                      S    02/2004         1,200           3,500            1,200     2.9167
HORSESHOE BAY, LT K10185,   R22510                      S    10/2003           950           3,500              950     3.6842
HORSESHOE BAY, LT K10187,   R22512                      S    09/2003         1,200           3,500            1,200     2.9167
HORSESHOE BAY, LT K10010    R22568                      S    09/2003         3,500           3,500            3,500     1.0000
LACY LANS, LT 27, SEC 2     R25768                      S    05/2003         5,000           4,027            5,000     0.8054
LAKESIDE BEACH, LT 71, SE   R26349                      S    05/2003         4,500           4,370            4,500     0.9711
LAKESIDE BEACH, LT 90, SE   R26368                      S    04/2003         5,000           4,071            5,000     0.8142
LAKESIDE BEACH, LT 326-32   R26600, R26601              S    05/2003         9,120           8,018            9,120     0.8792
LAKESIDE BEACH, LT 415, S   R26691                      S    09/2003         2,500           5,250            2,500     2.1000
LAKESIDE BEACH, LT 416, S   R26692                      S    07/2003         3,373           4,550            3,373     1.3489
MEADOWLAKES, LT 150-36R,    R29944                      S    10/2003        11,500          10,194           11,500     0.8864
MEADOWLAKES, LT 150-37R,    R29945                      S    10/2003        11,500          10,146           11,500     0.8823
MEADOWLAKES, LT 866, SEC    R30685                      S    11/2003         8,000           7,000            8,000     0.8750
MEADOWLAKES, LT 1176B, SE   R30994                      S    12/2003        21,500          20,000           21,500     0.9302
MEADOWLAKES, LT 1191, SEC   R31004                      S    01/2004         9,450           8,339            9,450     0.8824
MYSTIC CASTLE (SHERWOOD S   R31514, R31515, R31516      S    11/2003         2,000           2,600            2,000     1.3000
MYSTIC CASTLE (SHERWOOD S   R31687, R31688, R31689, R   S    12/2003         1,600           4,000            1,600     2.5000
PARADISE MANOR, BLK C, LT   R34409                      S    09/2003         3,500           4,006            3,500     1.1446
QUAIL VALLEY, LT 22, AC 2   R36049                      S    08/2003        15,232          14,797           15,232     0.9714
QUAIL VALLEY, LT 46, 2.02   R36077                      S    07/2003        15,013          13,743           15,013     0.9154
RIDGE HARBOR, LT 21, SEC    R36587                      S    04/2003        21,000          20,000           21,000     0.9524
SPICEWOOD BEACH, LT 559     R42173                      S    12/2003         6,000           6,875            6,000     1.1458
SPICEWOOD BEACH, LT 625     R42221                      S    10/2003         5,000           8,525            5,000     1.7050
SWEETBRIAR(SHERWOOD SHORE   R43204, R43205              S    08/2003         2,000           2,000            2,000     1.0000
TANGLEWOOD, LT 441-443      R43761, R43762, R43763      S    05/2003         2,300           4,500            2,300     1.9565
TANGLEWOOD, LT 506,TANGLE   R43828, R43829              S    08/2003         3,700           3,000            3,700     0.8108
TRAVIS OAKS 1 & 2, LT 47,   R44391                      S    06/2003         2,000           2,992            2,000     1.4960
WINDERMERE OAKS, LT 122     R45438                      S    06/2003        10,500           9,322           10,500     0.8878
YELLOWSTONE, LT 373,YELLO   R46863, R46908              S    11/2003         2,500           2,000            2,500     0.8000
BEL AIR , SHERWOOD SHORES   R5536, R5537                S    04/2003         3,000           3,000            3,000     1.0000
A0976 ALLISON WILLIAMS, T   R57747, R57748              S    11/2003         6,000           8,625            6,000     1.4375
BLUFF VIEW, LT 8            R5786                       S    10/2003         2,500           3,047            2,500     1.2188
NATURE HEIGHTS, LT N 100'   R70317                      S    12/2003        12,000          10,084           12,000     0.8403
CHURCHILL (SHERWOOD SHORE   R9852, R9853                S    05/2003         4,000           3,437            4,000     0.8593
                                                                                       ___________      ___________     ______
                                                           STRATUM 2 TOTALS                248,418          236,238     1.0516

____________________________________________________________________________________________________________________________________


CATEGORY C  - STRATUM   3
$     21,376 - $     70,200

LEGAL DESCRIPTION            ACCOUNT NUMBER             S/A SALE DATE    SALE PRICE    LOCAL VALUE        PTD VALUE      RATIO
_________________            ______________             ___ _________    __________    ___________        _________      _____

GATEWAY PARK, BLK 1, LT 9   R15120                      S    08/2003        42,000          37,175           42,000     0.8851
DATE: 02/25/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE: 007
TIME: 07:50:18                                   2004 FIELD STUDIES CATEGORY WORKSHEET                                  REPT: PTS236
                                                          027/Burnet                                                    VRSN: P
                                                        027-904/Marble Falls ISD

____________________________________________________________________________________________________________________________________


CATEGORY C  - STRATUM   3
$     21,376 - $     70,200

LEGAL DESCRIPTION            ACCOUNT NUMBER             S/A SALE DATE    SALE PRICE    LOCAL VALUE        PTD VALUE      RATIO
_________________            ______________             ___ _________    __________    ___________        _________      _____
GATEWAY PARK, BLK 8, LT 7   R15164                      S    04/2003        30,000          30,165           30,000     1.0055
HORSESHOE BAY, LT 37035,    R20631                      S    07/2003        25,000          30,000           25,000     1.2000
HORSESHOE BAY, LT 37036,    R20632                      S    07/2003        25,000          30,000           25,000     1.2000
HORSESHOE BAY, LT 39008,    R20668                      S    02/2004        27,000          23,625           27,000     0.8750
MEADOWLAKES, LT 716, SEC    R30527                      S    02/2004        21,500          21,830           21,500     1.0153
MEADOWLAKES, LT 1088, SEC   R30913, R30914, R30915      S    05/2003        27,500          33,750           27,500     1.2273
THE POINT AT RIDGE HARBOR   R35800                      S    09/2003        43,000          40,000           43,000     0.9302
THE POINT AT RIDGE HARBOR   R35815                      S    05/2003        35,000          34,800           35,000     0.9943
SHADY AC, LT 81, SEC 1      R38406                      S    12/2003        26,250          25,000           26,250     0.9524
DOUBLE HORN, LT 20, SEC 2   R65196                      S    06/2003        55,900          52,900           55,900     0.9463
CANYON RIDGE SPRINGS, LT    R67047                      S    06/2003        42,000          40,860           42,000     0.9729
CANYON RIDGE SPRINGS, LT    R67048                      S    12/2003        20,000          40,320           20,000     2.0160
A0304 GUADALUPE FLORES, P   R68756                      S    06/2003        53,000          48,000           53,000     0.9057
                                                                                       ___________      ___________     ______
                                                           STRATUM 3 TOTALS                488,425          473,150     1.0323
____________________________________________________________________________________________________________________________________

CATEGORY C  - STRATUM   4
$     70,201 - $    160,000

LEGAL DESCRIPTION            ACCOUNT NUMBER             S/A SALE DATE    SALE PRICE    LOCAL VALUE        PTD VALUE      RATIO
_________________            ______________             ___ _________    __________    ___________        _________      _____

HIGHLAND HAVEN, LT 426 &    R19328                      S    04/2003        65,000          74,952           65,000     1.1531
THE POINT AT RIDGE HARBOR   R35811                      S    07/2003        74,900          72,000           74,900     0.9613
THE POINT AT RIDGE HARBOR   R35820, R35821              S    05/2003        80,000          80,000           80,000     1.0000
RED BLUFF LAKE ESTATES, L   R36551                      S    12/2003        49,000          71,050           49,000     1.4500
RIDGE HARBOR, LT 54, SEC    R36621                      S    08/2003        80,000          75,000           80,000     0.9375
BARTON CRK LAKESIDE, LT 1   R5070                       S    03/2003        55,000          80,000           55,000     1.4545
PECAN ACRES, LT 7           R66539                      S    11/2003        90,000          82,600           90,000     0.9178
MARBLE HEIGHTS, BLK B, LT   R70349                      S    02/2004       140,000         154,600          140,000     1.1043
                                                                                       ___________      ___________     ______
                                                           STRATUM 4 TOTALS                690,202          633,900     1.0888

____________________________________________________________________________________________________________________________________

DATE: 02/25/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE: 008
TIME: 07:50:18                                   2004 FIELD STUDIES CATEGORY WORKSHEET                                  REPT: PTS236
                                                          027/Burnet                                                    VRSN: P
                                                        027-904/Marble Falls ISD

____________________________________________________________________________________________________________________________________

CATEGORY C  - STRATUM   5
$    160,001 - $999,999,999

LEGAL DESCRIPTION            ACCOUNT NUMBER             S/A SALE DATE    SALE PRICE    LOCAL VALUE        PTD VALUE      RATIO
_________________            ______________             ___ _________    __________    ___________        _________      _____

GATEWAY PARK, BLK 5, LT 1   R15148                      S    12/2003       240,000         199,614          240,000     0.8317
GATEWAY PARK, BLK 8, LT 1   R15157                      S    10/2003       285,000         206,928          285,000     0.7261
HORSESHOE BAY, LT N & O     R20659, R20660              S    09/2003       475,000         371,010          475,000     0.7811
LAKECLIFF/LAKE TRAVIS, LT   R64322                      S    06/2003       380,000         220,740          380,000     0.5809
THE PENINSULA, LT LEGACY    R66715                      S    04/2003       550,000         550,000          550,000     1.0000
WILDERNESS COVE, LT 1       R67094                      S    04/2004       250,000         220,000          250,000     0.8800
LAKECLIFF / LAKE TRAVIS,    R68136                      S    10/2003       115,000         175,000          115,000     1.5217
                                                                                       ___________      ___________     ______
                                                           STRATUM 5 TOTALS              1,943,292        2,295,000     0.8468

____________________________________________________________________________________________________________________________________


CATEGORY C  - TOTALS
____________________________________________________________________________________________________________________________________

STRATUM  COMP     SAMPLE     STRATUM         SAMPLE          SAMPLE          STRATUM      STRATUM           STRATUM     CATEGORY
_______  ____     ______     _______         ______          ______          _______      _______           _______     ________
         CODE    PARCELS     PARCELS    LOCAL VALUE       PTD VALUE      LOCAL VALUE        RATIO         PTD VALUE        RATIO
         ____    _______     _______    ___________       _________      ___________        _____         _________        _____

   1      U            0        8,954               0               0        8,412,277                      8,412,277
   2      R           41        4,854         248,418         236,238       32,080,436       1.0516        30,506,310
   3      R           14          740         488,425         473,150       32,099,951       1.0323        31,095,564
   4      R            8          324         690,202         633,900       35,745,535       1.0888        32,830,212
   5      R            7          107       1,943,292       2,295,000       28,321,133       0.8468        33,444,890

TOTAL                 70       14,979       3,370,337       3,638,288      136,659,332                    136,289,253       1.0027
____________________________________________________________________________________________________________________________________
DATE: 02/25/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE: 009
TIME: 07:50:18                                   2004 FIELD STUDIES CATEGORY WORKSHEET                                  REPT: PTS236
                                                          027/Burnet                                                    VRSN: P
                                                        027-904/Marble Falls ISD

____________________________________________________________________________________________________________________________________

CATEGORY D3 - STRATUM   0
$1 - $99,999,999,999

LEGAL DESCRIPTION            ACCOUNT NUMBER             S/A SALE DATE    SALE PRICE    LOCAL VALUE        PTD VALUE      RATIO
_________________            ______________             ___ _________    __________    ___________        _________      _____
MILL CRK RANCH SEC.1, LT    R31058                      S    08/2003        57,500          64,000           57,500     1.1130
PALEFACE RANCH, LT 10, SE   R34170                      S    09/2003       220,000         152,400          220,000     0.6927
SOUTH OAKS SUB, LT 12 BEI   R41338                      S    12/2003       182,000         144,880          182,000     0.7960
A0058 JEFFERSON BARTON, T   R47934                      S    09/2003        35,000          55,115           35,000     1.5747
A0062 A BRADLEY, TR 11, A   R48034, R48035              S    05/2003       217,000         181,197          217,000     0.8350
A182 HENRY CROCHERON, A71   R49187                      S    08/2003       177,500          89,434          177,500     0.5039
A0304 GUADALUPE FLORES, A   R50428                      S    05/2003        85,000          91,931           85,000     1.0815
A530 ARTHUR LUCKEY, 16.98   R53334                      S    11/2003       108,000          61,999          108,000     0.5741
MARIA SALINAS, 26.62 AC     R56063, R56064, R63877      S    10/2003       380,000         255,653          380,000     0.6728
A778 MATHIAS SILVA, 46.59   R56281, R56282              S    09/2003       270,000         257,981          270,000     0.9555
A981 DENNIS WALSH, 12.27    R57806                      S    11/2003       135,000         102,925          135,000     0.7624
A1019 JOHN C. YATES, AC 1   R58027                      S    05/2003        20,000          41,745           20,000     2.0873
DOUBLE HORN, LT 55, AC 5.   R66759                      S    08/2003        63,000          69,900           63,000     1.1095
DOUBLE HORN, LT 72, AC 5.   R66776                      S    12/2003       376,000         347,471          376,000     0.9241
AMBER OAKS RANCH, LT 1, A   R69172                      S    06/2003       105,000         103,500          105,000     0.9857
AMBER OAKS RANCH, LT 11-1   R69182, R69183              S    08/2003       172,500         161,046          172,500     0.9336
AMBER OAKS RANCH, LT 16,    R69187                      S    06/2003        85,000          69,000           85,000     0.8118
AMBER OAKS RANCH, LT 17,    R69188                      S    04/2003        80,000          69,000           80,000     0.8625
AMBER OAKS RANCH, LT 18,    R69189                      S    04/2003        69,000          69,000           69,000     1.0000
AMBER OAKS RANCH, LT 19,    R69190                      S    04/2003        69,000          69,000           69,000     1.0000
AMBER OAKS RANCH, LT 20,    R69191                      S    06/2003        68,000          69,000           68,000     1.0147
AMBER OAKS RANCH, LT 23,    R69194                      S    11/2003        75,000          69,000           75,000     0.9200
A0735 MICHAEL RAMEL, TR 1   R69649                      S    12/2003        31,250          29,250           31,250     0.9360
OVERLOOK, LT 27, AC 10      R69705                      S    01/2004        78,000          80,000           78,000     1.0256
A715 CONRAD ROAHERE, TR 1   R69765                      S    06/2003       196,000         225,589          196,000     1.1510
A644 JAMES NOBLEK TR 1-2,   R69804                      S    09/2003        20,000          14,250           20,000     0.7125
OAK FOREST ESTATES, LT PT   R70319                      S    12/2003        16,000          15,000           16,000     0.9375
A0536 GEO LUCAS, TR AB 39   R70596                      S    01/2004       701,500         725,471          701,500     1.0342
CHIMNEY COVE ESTATES, LT    R9658                       S    06/2003       150,000         139,760          150,000     0.9317
CHIMNEY COVE ESTATES, LT    R9681                       S    09/2003       135,000         100,100          135,000     0.7415
CHIMNEY COVE ESTATES, LT    R9694                       S    04/2003        55,000          54,290           55,000     0.9871
CHIMNEY COVE ESTATES, LT    R9700                       S    09/2003        25,000          51,700           25,000     2.0680
                                                                                       ___________      ___________     ______
                                                           STRATUM 0 TOTALS              4,030,587        4,457,250     0.9043

____________________________________________________________________________________________________________________________________


CATEGORY D3 - TOTALS
____________________________________________________________________________________________________________________________________

STRATUM  COMP     SAMPLE     STRATUM         SAMPLE          SAMPLE          STRATUM      STRATUM           STRATUM     CATEGORY
_______  ____     ______     _______         ______          ______          _______      _______           _______     ________
         CODE    PARCELS     PARCELS    LOCAL VALUE       PTD VALUE      LOCAL VALUE        RATIO         PTD VALUE        RATIO
         ____    _______     _______    ___________       _________      ___________        _____         _________        _____

   0      R           32        4,471       4,030,587       4,457,250      177,905,966       0.9043       196,733,347

TOTAL                 32        4,471       4,030,587       4,457,250      177,905,966                    196,733,347       0.9043
____________________________________________________________________________________________________________________________________
DATE: 02/25/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE: 010
TIME: 07:50:18                                   2004 FIELD STUDIES CATEGORY WORKSHEET                                  REPT: PTS236
                                                          027/Burnet                                                    VRSN: P
                                                        027-904/Marble Falls ISD

____________________________________________________________________________________________________________________________________

CATEGORY F1 - STRATUM   2
$     67,180 - $    245,724

LEGAL DESCRIPTION            ACCOUNT NUMBER             S/A SALE DATE    SALE PRICE    LOCAL VALUE        PTD VALUE      RATIO
_________________            ______________             ___ _________    __________    ___________        _________      _____
GATEWAY PARK, BLK 6, LT 2   R15150                      S    04/2003       115,000         144,908          115,000     1.2601
HOLLY-NAUMANN, SEC 3, LT    R20574                      S    03/2004       260,000         220,302          260,000     0.8473
MARBLE FALLS, BLK 31, LT    R28552, R28553              S    08/2003        94,500          76,001           94,500     0.8042
CITY OF MARBLE FALLS, BLK   R28893                      S    07/2003        70,000          69,931           70,000     0.9990
NORTHWOOD AC, LT PT OF TR   R33021                      S    04/2003       100,000         129,789          100,000     1.2979
NORTHWOOD TERRACE, LT 2E    R33066                      S    09/2003       395,000         227,145          395,000     0.5751
A927 LOGAN VANDEVIER, TR    R57272, R57273              S    08/2003       185,000         130,030          185,000     0.7029
                                                                                       ___________      ___________     ______
                                                           STRATUM 2 TOTALS                998,106        1,219,500     0.8185

____________________________________________________________________________________________________________________________________


CATEGORY F1 - STRATUM   3
$    245,725 - $    571,109

LEGAL DESCRIPTION            ACCOUNT NUMBER             S/A SALE DATE    SALE PRICE    LOCAL VALUE        PTD VALUE      RATIO
_________________            ______________             ___ _________    __________    ___________        _________      _____

HI-RIDGE TRAILS, BLK 2, S   R19526                      S    05/2003       372,000         346,940          372,000     0.9326
MARBLE FALLS CITY, BLK 1,   R28269                      A                                  256,765          236,495     1.0857
MARBLE FALLS CITY, BLK 72   R28766                      A                                  288,553          382,344     0.7547
MARBLE FALLS CITY, BLK 30   R29655                      A                                  261,186          232,922     1.1213
MARBLE FALLS INDUSTRIAL P   R29748, R29752              S    10/2003       410,000         432,621          410,000     1.0552
NORTHWOOD TERRACE, LT PT    R33148                      A                                  417,420          427,648     0.9761
A927 LOGAN VANDIVER, TR 4   R57277                      S    04/2003       315,000         277,589          315,000     0.8812
                                                                                       ___________      ___________     ______
                                                           STRATUM 3 TOTALS              2,281,074        2,376,409     0.9599
____________________________________________________________________________________________________________________________________

CATEGORY F1 - STRATUM   4
$    571,110 - $  1,447,433

LEGAL DESCRIPTION            ACCOUNT NUMBER             S/A SALE DATE    SALE PRICE    LOCAL VALUE        PTD VALUE      RATIO
_________________            ______________             ___ _________    __________    ___________        _________      _____

GATEWAY PARK, BLK 2, LT 1   R15129                      A                                  806,638        1,014,011     0.7955
NORTHWOOD TERRACE, LT 1,    R33050                      A                                  923,226          866,109     1.0659
NORTHWOOD TERRACE, LT PT    R33085                      A                                  636,068          587,236     1.0832
TROPICAL HIDEAWAY, LT 4,    R44479                      S    10/2003     1,039,000       1,039,241        1,039,000     1.0002
A304 GUADALUPE FLORES, TR   R50438                      A                                  636,374          781,143     0.8147
A927 LOGAN VANDIVIER, 7.3   R57261                      S    12/2003     1,200,000       1,169,359        1,200,000     0.9745
                                                                                       ___________      ___________     ______
                                                           STRATUM 4 TOTALS              5,210,906        5,487,499     0.9496

____________________________________________________________________________________________________________________________________

DATE: 02/25/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE: 011
TIME: 07:50:18                                   2004 FIELD STUDIES CATEGORY WORKSHEET                                  REPT: PTS236
                                                          027/Burnet                                                    VRSN: P
                                                        027-904/Marble Falls ISD

____________________________________________________________________________________________________________________________________

CATEGORY F1 - STRATUM   5
$  1,447,434 - $999,999,999

LEGAL DESCRIPTION            ACCOUNT NUMBER             S/A SALE DATE    SALE PRICE    LOCAL VALUE        PTD VALUE      RATIO
_________________            ______________             ___ _________    __________    ___________        _________      _____

HI-RIDGE TRAILS, BLK 3, S   R19554                      A                                2,597,442        1,979,914     1.3119
MARBLE FALLS CITY, BLK 14   R28402                      A                                1,458,321        1,551,624     0.9399
NORTHWOOD TERRACE, LT TR    R33082                      A                                2,184,841        1,951,573     1.1195
VILLAGE AT LAKE MARBLE FA   R62593                      A                                2,083,439        2,277,568     0.9148
JOHNSON FORD ADDN, LT 1,    R68915                      A                                6,137,497        5,063,865     1.2120
                                                                                       ___________      ___________     ______
                                                           STRATUM 5 TOTALS             14,461,540       12,824,544     1.1276

____________________________________________________________________________________________________________________________________


CATEGORY F1 - TOTALS
____________________________________________________________________________________________________________________________________
STRATUM  COMP     SAMPLE     STRATUM         SAMPLE          SAMPLE          STRATUM      STRATUM           STRATUM     CATEGORY
_______  ____     ______     _______         ______          ______          _______      _______           _______     ________
         CODE    PARCELS     PARCELS    LOCAL VALUE       PTD VALUE      LOCAL VALUE        RATIO         PTD VALUE        RATIO
         ____    _______     _______    ___________       _________      ___________        _____         _________        _____
   1      U            0          250               0               0        8,592,919                      8,592,919
   2      R            7          275         998,106       1,219,500       40,801,606       0.8185        49,849,244
   3      R            7          107       2,281,074       2,376,409       40,923,183       0.9599        42,632,757
   4      R            6           44       5,210,906       5,487,499       41,679,827       0.9496        43,891,983
   5      R            5           11      14,461,540      12,824,544       39,968,725       1.1276        35,445,836

TOTAL                 25          687      22,951,626      21,907,952      171,966,260                    180,412,739       0.9532
____________________________________________________________________________________________________________________________________
                                                        **** END OF REPORT ****