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DATE: 02/11/2005                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                     PAGE: 001
TIME: 13:19:45                                         2004 PROPERTY VALUE STUDY                                    REPT: PTS427
                                                         CAD SUMMARY WORKSHEET                                      VRSN: P
                                                             113 Houston

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                   NUMBER OF    2004 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       235       234,161,270       .96       11.93            59.14              88.93               1.01
     RESIDENCES
B.   MULTI-FAMILY          0         5,973,550         *           *                *                  *                  *
     RESIDENCES
C.   VACANT LOTS           0         9,845,710         *           *                *                  *                  *
D.   RURAL REAL          120       714,244,620       .94       15.03            50.00              84.16               1.06
F1.  COMMERCIAL REAL      22        54,520,170       .93       21.75            40.90              68.18               1.07
F2.  INDUSTRIAL REAL       0         9,083,080         *           *                *                  *                  *
G.   OIL, GAS,            30        60,096,490      1.00        6.03            83.33              93.33               1.00
     MINERALS
J.   UTILITIES            39        87,249,750       .94       11.89            53.84              82.05                .94
L1.  COMMERCIAL           23        40,375,450      1.04       44.32            39.13              65.21               1.34
     PERSONAL
L2.  INDUSTRIAL            0        39,053,870         *           *                *                  *                  *
     PERSONAL
M.   OTHER PERSONAL        0        14,503,360         *           *                *                  *                  *
O.   RESIDENTIAL           0            37,930         *           *                *                  *                  *
     INVENTORY
S.   SPECIAL               0         2,649,740         *           *                *                  *                  *
     INVENTORY
     OVERALL              469     1,271,794,990       .97       14.70            58.63              84.43               1.02


 * 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