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DATE: 01/23/2006                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE: 001
TIME: 12:58:12                                   2005 FIELD STUDIES CATEGORY WORKSHEET                                  REPT: PTS236
                                                          227/Travis                                                    VRSN: W
                                                        227-912/Lago Vista ISD

____________________________________________________________________________________________________________________________________


CATEGORY A  - STRATUM   2
$     75,295 - $    144,847

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

LOT 248 POINT VENTURE SEC   150674                      S    08/2005       107,000          95,363          100,544     0.9485
LOT 6 INDIAN POINT AT POI   150776                      S    08/2005        80,000         116,551           77,498     1.5039
LOT 721&722 POINT VENTURE   152707                      S    07/2005       205,000         142,792          193,633     0.7374
LOT 701 POINT VENTURE SEC   152763                      S    08/2005       175,200         127,334          169,721     0.7503
LOT 712 POINT VENTURE SEC   152786                      S    08/2005       115,000          81,071          109,950     0.7373
LOT 605 POINT VENTURE SEC   152873                      S    08/2005       140,000         136,922          135,622     1.0096
LOTS 8063, 8064 HIGHLAND    161927, 28                  S    05/2005       212,808         126,158          187,138     0.6741
LOT 18054 HIGHLAND LAKE E   162198                      S    05/2005       135,000         130,117          132,467     0.9823
LOT 9031 HIGHLAND LAKE ES   165803                      S    08/2005       129,900         100,183          125,837     0.7961
LOT 56 OAKS AT HIGHLAND L   166253                      S    06/2005        92,500          88,182           90,379     0.9757
LOT 18 OAKS AT HIGHLAND L   170121                      S    06/2005        86,000          86,997           84,028     1.0353
LOT 22046 HIGHLAND LAKE E   170439                      S    08/2005       110,000         111,462          106,560     1.0460
LOT 28119 HIGHLAND LAKE E   170545                      S    05/2005        94,301         102,949           92,531     1.1126
LOT 221 LAGO VISTA COUNTR   175522                      S    08/2005       129,900         136,829          125,837     1.0874
LOT 226 LAGO VISTA COUNTR   175527                      S    08/2005       103,900         120,567          100,651     1.1979
LOT 581 LAGO VISTA COUNTR   176987                      S    07/2005       137,000         117,086          133,287     0.8785
LOT 6 BLK D LAGO VISTA SE   177799                      S    08/2005       143,560         142,004          139,070     1.0211
LOT 5 BLK D LAGO VISTA SE   177800                      S    07/2005       122,500         102,230          119,180     0.8578
LOT 1230 LAGO VISTA ESTAT   179379                      S    07/2005       136,900         130,471          133,189     0.9796
LOT 1933 LAGO VISTA ESTAT   180398                      S    06/2005       131,000         121,104          127,996     0.9462
LOT 2402 LAGO VISTA ESTAT   180533                      S    05/2005       132,500         108,837          125,181     0.8694
LOT 39 BLK A POINT VENTUR   439105                      S    08/2005       118,000         106,624          114,310     0.9328
LOT 8177 BAR-K RANCHES PL   458528                      S    07/2005       128,500         127,000          125,017     1.0159
LOT 4039 BAR-K RANCHES PL   458695                      S    08/2005       183,000         127,566          177,277     0.7196
                                                                                       ___________      ___________     ______
                                                           STRATUM 2 TOTALS              2,786,399        3,026,903     0.9205

____________________________________________________________________________________________________________________________________


CATEGORY A  - STRATUM   3
$    144,848 - $    196,636

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

LOT 826 POINT VENTURE SEC   148155                      S    06/2005       215,000         184,519          210,069     0.8784
LOT 315 POINT VENTURE SEC   150852                      S    05/2005       194,500         182,208          190,850     0.9547
LOT 326 POINT VENTURE SEC   150957                      S    07/2005       195,000         179,490          189,715     0.9461
LOTS 626, 645 POINT VENTU   152840, 846                 S    07/2005       192,000         164,387          178,127     0.9229
LOT 480 POINT VENTURE SEC   152984                      S    06/2005       194,000         185,458          189,551     0.9784
LOT 8036 HIGHLAND LAKE ES   161961                      S    08/2005       194,000         176,908          187,933     0.9413
LOT 8121 HIGHLAND LAKE ES   162042                      S    07/2005       220,000         167,084          214,037     0.7806
LOT 30155 *& LOT 30156 *&   162488                      S    08/2005       195,000         154,863          188,901     0.8198
DATE: 01/23/2006                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE: 002
TIME: 12:58:12                                   2005 FIELD STUDIES CATEGORY WORKSHEET                                  REPT: PTS236
                                                          227/Travis                                                    VRSN: W
                                                        227-912/Lago Vista ISD

____________________________________________________________________________________________________________________________________


CATEGORY A  - STRATUM   3
$    144,848 - $    196,636

LEGAL DESCRIPTION            ACCOUNT NUMBER             S/A SALE DATE    SALE PRICE    LOCAL VALUE        PTD VALUE      RATIO
_________________            ______________             ___ _________    __________    ___________        _________      _____
LOT 12 BLK P EMERALD BEND   162966                      S    08/2005       265,000         188,287          256,712     0.7335
LOT 9129 HIGHLAND LAKE ES   165910                      S    06/2005       239,999         176,488          234,495     0.7526
LT 15157 HIGHLAND LAKE ES   166173                      S    06/2005       210,000         162,760          205,184     0.7932
LOT 4046 HIGHLAND LAKE ES   169432                      S    06/2005       153,717         154,056          150,192     1.0257
LOT 2238 COUNTRY CLUB EST   169601                      S    05/2005       233,000         190,252          224,212     0.8485
LOTS 2506, 2517 COUNTRY C   169660, 671                 S    06/2005       212,000         165,510          207,138     0.7990
LOT 2538 COUNTRY CLUB EST   169722                      S    07/2005       185,000         183,647          179,986     1.0203
LOT 10036 HIGHLAND LAKE E   169786                      S    06/2005       181,000         192,617          176,849     1.0892
LOT 1531 COUNTRY CLUB EST   169995                      S    06/2005       193,000         179,423          183,688     0.9768
LOT 28033 HIGHLAND LAKE E   170475                      S    08/2005       133,000         164,590          128,840     1.2775
LOT 28056 HIGHLAND LAKE E   170497                      S    06/2005       167,000         175,164          163,170     1.0735
LOT 2774 LAGO VISTA COUNT   173127                      S    06/2005       144,900         145,544          141,577     1.0280
LOT 2884 LAGO VISTA COUNT   173323                      S    05/2005       167,000         167,816          163,866     1.0241
LOT 2887 LAGO VISTA COUNT   173326                      S    06/2005       169,900         174,868          166,003     1.0534
LOT 2713 LAGO VISTA COUNT   173453                      S    08/2005       206,000         175,572          199,557     0.8798
LOT 1404 COUNTRY CLUB EST   173626                      S    08/2005       195,770         184,111          183,157     1.0052
LOT 1423 COUNTRY CLUB EST   173648                      S    08/2005       167,500         174,868          162,261     1.0777
LOT 1591 COUNTRY CLUB EST   173814                      S    06/2005       135,000         173,990          131,904     1.3191
LOT 1625 COUNTRY CLUB EST   173835                      S    06/2005       216,000         177,355          211,046     0.8404
LOTS 1646, 1647 COUNTRY C   173850, 51                  S    08/2005       301,500         194,426          267,322     0.7273
LOT 191 LAGO VISTA COUNTR   175377                      S    08/2005       195,950         195,019          189,822     1.0274
LOT 196 LAGO VISTA COUNTR   175382                      S    06/2005       157,000         145,410          153,399     0.9479
LOT 202 LAGO VISTA COUNTR   175388                      S    08/2005       185,000         160,660          179,214     0.8965
LOT 110 LAGO VISTA COUNTR   175467                      S    07/2005       194,900         189,959          189,617     1.0018
LOT 253 LAGO VISTA COUNTR   175483                      S    07/2005       290,000         191,832          282,140     0.6799
LOT 384 LAGO VISTA COUNTR   175565                      S    08/2005       209,000         189,596          202,464     0.9364
LOT 767 COUNTRY CLUB ESTA   175699                      S    07/2005       180,500         182,677          175,608     1.0403
LOT 3053 LAGO VISTA COUNT   175825                      S    06/2005       229,500         179,570          221,305     0.8114
LOT 1382 COUNTRY CLUB EST   175832                      S    07/2005       179,500         176,973          174,635     1.0134
LOT 713 LAGO VISTA COUNTR   176908                      S    08/2005       176,000         166,043          170,496     0.9739
LOT 307 LAGO VISTA COUNTR   177192                      S    05/2005       227,000         174,817          222,740     0.7848
LOT 2 BLK C LAGO VISTA SE   178769                      S    07/2005       163,000         156,575          158,582     0.9873
LOT 42 *LESS E 88 FT AV L   182506                      S    05/2005       225,000         149,207          220,778     0.6758
LOT 418 POINT VENTURE SEC   439156                      S    05/2005       205,000         187,663          201,153     0.9329
LOT 21134 HIGHLAND LAKE E   475411                      S    08/2005       169,900         173,175          164,586     1.0522
UNIT 4 WATERSIDE OAKS CON   543006                      S    08/2005       133,900         161,143          129,712     1.2423
UNIT 30 WATERSIDE OAKS CO   543032                      S    07/2005       179,900         182,814          175,024     1.0445
                                                                                       ___________      ___________     ______
                                                           STRATUM 3 TOTALS              7,859,394        8,497,617     0.9249
____________________________________________________________________________________________________________________________________

CATEGORY A  - STRATUM   4
$    196,637 - $    339,283

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

LOT 137, 138  POINT VENTU   148109                      S    07/2005       265,000         262,474          250,934     1.0460
DATE: 01/23/2006                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE: 003
TIME: 12:58:12                                   2005 FIELD STUDIES CATEGORY WORKSHEET                                  REPT: PTS236
                                                          227/Travis                                                    VRSN: W
                                                        227-912/Lago Vista ISD

____________________________________________________________________________________________________________________________________


CATEGORY A  - STRATUM   4
$    196,637 - $    339,283

LEGAL DESCRIPTION            ACCOUNT NUMBER             S/A SALE DATE    SALE PRICE    LOCAL VALUE        PTD VALUE      RATIO
_________________            ______________             ___ _________    __________    ___________        _________      _____
LOT 18 POINT VENTURE SEC    148129                      S    07/2005       230,000         197,374          223,766     0.8821
LOT 17 POINT VENTURE SEC    148130                      S    08/2005       344,000         204,845          331,304     0.6183
LOT 48 LAKESHORE RANCH SU   161789                      S    08/2005       555,000         338,778          537,642     0.6301
LOT 8070 HIGHLAND LAKE ES   161934                      S    08/2005       357,000         263,339          345,835     0.7615
LOT 15026 HIGHLAND LAKE E   162353                      S    06/2005       268,300         249,964          261,169     0.9571
LOT 15015 HIGHLAND LAKE E   162364                      S    06/2005       209,000         200,344          204,207     0.9811
LT 9058&9059 HIGHLND LAKE   165796                      S    08/2005       331,750         229,180          321,375     0.7131
LOT 2801 LAGO VISTA COUNT   173451                      S    06/2005       225,000         204,000          219,840     0.9279
LOT 103 *& NE.021 ACR OF    180165                      S    05/2005       217,100         217,100          213,026     1.0191
LOT 8062 BAR-K RANCHES PL   181822                      S    05/2005       235,000         210,024          230,590     0.9108
LOT 496A LAGO VISTA COUNT   424622                      S    05/2005       144,000         198,781          141,298     1.4068
ABS 2126 SUR 49 SETTLE M    475354                      S    08/2005       355,000         239,435          343,897     0.6962
LOT 156 POOLE PLACE SEC 1   497892                      S    08/2005       434,000         295,000          420,427     0.7017
LOT 2333A COUNTRY CLUB ES   523381                      S    06/2005       225,000         239,610          219,840     1.0899
UNIT 17 WATERSIDE OAKS CO   543019                      S    07/2005       217,000         201,944          211,118     0.9565
UNIT 26 WATERSIDE OAKS CO   543028                      S    06/2005       215,000         203,756          210,069     0.9699
UNIT 31 WATERSIDE OAKS CO   543033                      S    08/2005       265,000         274,938          256,712     1.0710
                                                                                       ___________      ___________     ______
                                                           STRATUM 4 TOTALS              4,230,886        4,943,049     0.8559

____________________________________________________________________________________________________________________________________

CATEGORY A  - STRATUM   5
$    339,284 - $999,999,999

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

LOT 158 POINT VENTURE SEC   150720                      S    06/2005       418,000         372,333          408,413     0.9117
LT 159 POINT VENTURE S-1    150721                      A                                  350,372          393,385     0.8907
LOT 875A POINT VENTURE SE   150816                      S    05/2005       452,000         411,287          443,518     0.9273
LT 883A  PT VENTURE S-5     150823                      A                                  356,316          390,388     0.9127
PT LT 13-3, 13-A3 LODGE A   159354                      A                                  405,858          456,531     0.8890
LT 9 COVE AT LAGO VISTA A   159691                      A                                  518,267          566,168     0.9154
LTS 31-32 PT 30 LAKESHORE   161728                      A                                  720,099          736,602     0.9776
LT 17005 HIGHLAND LAKE ES   162261                      A                                  501,595          543,829     0.9223
LOT 744 *BELOW 715 FT COU   177226                      S    06/2005       650,000         478,231          635,092     0.7530
LOT 3 SPANISH OAK SPRINGS   179350                      S    06/2005       300,000         346,319          293,120     1.1815
LTS 54,55 S JONESTOWN HIL   361222                      A                                  390,213          304,170     1.2829
LOT 8 BLK A WATERFORD ON    375647                      S    06/2005       625,000         624,741          610,666     1.0230
LT 3 BK A WATERFORD ON LA   375652                      A                                  448,322          419,399     1.0690
LT 8 BK B WATERFORD ON LA   475043                      A                                  673,644          675,492     0.9973
LT 66 NORTHSHORE ON LAKE    475679                      A                                1,380,000        1,250,140     1.1039
LT 2 NORTHLAKE HILLS S-4    475914                      A                                  445,956          612,620     0.7279
                                                                                       ___________      ___________     ______
                                                           STRATUM 5 TOTALS              8,423,553        8,739,533     0.9638

____________________________________________________________________________________________________________________________________


DATE: 01/23/2006                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE: 004
TIME: 12:58:12                                   2005 FIELD STUDIES CATEGORY WORKSHEET                                  REPT: PTS236
                                                          227/Travis                                                    VRSN: W
                                                        227-912/Lago Vista ISD

____________________________________________________________________________________________________________________________________

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          822               0               0       31,726,776                     31,726,776
   2      R           24        1,239       2,786,399       3,026,903      150,617,226       0.9205       163,625,449
   3      R           45          839       7,859,394       8,497,617      150,574,066       0.9249       162,800,374
   4      R           18          574       4,230,886       4,943,049      150,744,259       0.8559       176,123,682
   5      R           16          231       8,423,553       8,739,533      150,173,190       0.9638       155,813,644

TOTAL                103        3,705      23,300,232      25,207,102      633,835,517                    690,089,925       0.9185
____________________________________________________________________________________________________________________________________
DATE: 01/23/2006                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE: 005
TIME: 12:58:12                                   2005 FIELD STUDIES CATEGORY WORKSHEET                                  REPT: PTS236
                                                          227/Travis                                                    VRSN: W
                                                        227-912/Lago Vista ISD

____________________________________________________________________________________________________________________________________

CATEGORY C  - STRATUM   2
$      4,001 - $     12,000

LEGAL DESCRIPTION            ACCOUNT NUMBER             S/A SALE DATE    SALE PRICE    LOCAL VALUE        PTD VALUE      RATIO
_________________            ______________             ___ _________    __________    ___________        _________      _____
LOT 267 POINT VENTURE SEC   150655                      S    03/2005        12,500           5,000           12,500     0.4000
LOT 543 POINT VENTURE SEC   153040                      S    01/2005        34,500           8,000           34,500     0.2319
LOT 90 LODGE ACRES ANNEX    157011                      S    11/2004         4,500           5,400            4,500     1.2000
LOT 12166 HIGHLAND LAKE E   166018                      S    11/2004         2,250           9,000            2,250     4.0000
LOT 20068 HIGHLAND LAKE E   166121                      S    09/2004         2,000          12,000            2,000     6.0000
LOT 33213 HIGHLAND LAKE E   166842                      S    01/2005         4,000           6,000            4,000     1.5000
LOT 4130 HIGHLAND LAKE ES   169374                      S    06/2004        12,000          12,000           12,000     1.0000
LOT 2248 COUNTRY CLUB EST   173746                      S    04/2004         6,500          12,000            6,500     1.8462
LOT 894 COUNTRY CLUB ESTA   175757                      S    02/2005         5,000          12,000            5,000     2.4000
LOT 2050A LAGO VISTA CIVI   177893                      S    04/2004         5,250           5,400            5,250     1.0286
LOT 1219 LAGO VISTA ESTAT   179399                      S    08/2004         3,000          10,000            3,000     3.3333
LOT 1155 LAGO VISTA ESTAT   179439                      S    06/2004         6,000           7,500            6,000     1.2500
LOT 2396 LAGO VISTA ESTAT   180527                      S    10/2004         7,000          10,000            7,000     1.4286
LOT 7066 HIGHLAND LAKE ES   497933                      S    04/2004         4,500           4,500            4,500     1.0000
                                                                                       ___________      ___________     ______
                                                           STRATUM 2 TOTALS                118,800          109,000     1.0899

____________________________________________________________________________________________________________________________________


CATEGORY C  - STRATUM   3
$     12,001 - $     57,725

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

LOT 6114 HIGHLAND LAKE ES   159542                      S    01/2005        90,000          40,000           90,000     0.4444
LOT 7038 HIGHLAND LAKE ES   159648                      S    08/2004        72,450          47,578           72,450     0.6567
LOT 17008 HIGHLAND LAKE E   159734                      S    10/2004        43,000          27,839           43,000     0.6474
LOT 2030 LAGO VISTA CIVIC   176728                      S    03/2005         9,000          15,000            9,000     1.6667
LOT 20 SPANISH OAK SPRING   179353                      S    02/2005        30,000          18,600           30,000     0.6200
ABS 248 SUR 103 D & W R R   179367                      S    11/2004        70,000          39,200           70,000     0.5600
LOT 56 SOUTH JONESTOWN HI   180085                      S    05/2004        33,000          30,000           33,000     0.9091
LOT 1 * (2.076ACR) HIGH H   180205                      S    09/2004        61,500          31,140           61,500     0.5063
LOT 473 POINT VENTURE SEC   439177                      S    03/2005        25,000          20,000           25,000     0.8000
LOT 21043 *RESUB 21001-21   475455                      S    05/2004        18,000          20,000           18,000     1.1111
LOT 2 POINTE THE            475836                      S    12/2004        25,625          31,500           25,625     1.2293
LOT 4 LIGHTHOUSE ESTATES    498653                      S    08/2004        59,000          40,356           59,000     0.6840
LOT 3 LIGHTHOUSE ESTATES    498654                      S    03/2005        59,000          40,500           59,000     0.6864
LOT 12 BLK B GRANDACRES     543685                      S    07/2004        50,000          27,225           50,000     0.5445
LOT 19 BLK B GRANDACRES     543695                      S    05/2004        48,000          25,725           48,000     0.5359
LOT 10 BLK B GRANDACRES     543954                      S    02/2005        43,000          26,725           43,000     0.6215
                                                                                       ___________      ___________     ______
                                                           STRATUM 3 TOTALS                481,388          736,575     0.6535
____________________________________________________________________________________________________________________________________

DATE: 01/23/2006                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE: 006
TIME: 12:58:12                                   2005 FIELD STUDIES CATEGORY WORKSHEET                                  REPT: PTS236
                                                          227/Travis                                                    VRSN: W
                                                        227-912/Lago Vista ISD

____________________________________________________________________________________________________________________________________

CATEGORY C  - STRATUM   4
$     57,726 - $    194,200

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

LOT 810 *& ALL BELOW 715    148234                      S    06/2004       115,000         121,007          115,000     1.0522
LOT 155 POINT VENTURE SEC   150717                      S    10/2004       125,000         105,792          125,000     0.8463
LOT 438 POINT VENTURE SEC   150824                      S    05/2004        91,300          67,750           91,300     0.7421
LOT 1&2 LAKESHORE RANCH S   161753                      S    07/2004       158,000         153,000          158,000     0.9684
LOT 55 LAKESHORE RANCH SU   161780                      S    12/2004       146,000         109,200          146,000     0.7479
LOT 24014 HIGHLAND LAKE E   166960                      S    08/2004       142,000         113,475          142,000     0.7991
LOT 22036 *BELOW 715 CONT   170429                      S    04/2004       110,000          90,250          110,000     0.8205
LOT 24050 HIGHLAND LAKE E   170645                      S    12/2004       150,000         118,800          150,000     0.7920
LOT 24049 HIGHLAND LAKE E   170646                      S    07/2004       142,000         113,668          142,000     0.8005
LOT 805 *& ALL BELOW 715    439109                      S    11/2004       185,000          75,330          185,000     0.4072
LOT 437 POINT VENTURE SEC   439153                      S    05/2004       115,000          79,000          115,000     0.6870
LOT 15 NORTHLAKE HILLS SE   441308                      S    04/2004       185,000         173,375          185,000     0.9372
LOT 74 BLK A WATERFORD ON   475013                      S    12/2004        70,000          90,000           70,000     1.2857
LOT 70 BLK A WATERFORD ON   475017                      S    05/2004       150,000         160,000          150,000     1.0667
LOT 68 BLK A WATERFORD ON   475019                      S    06/2004       168,000         150,000          168,000     0.8929
LOT 6 BLK B WATERFORD ON    475041                      S    12/2004       100,000          65,000          100,000     0.6500
LOT 61 NORTHSHORE ON LAKE   475684                      S    10/2004       120,000         125,000          120,000     1.0417
LOT 83 NORTHSHORE ON LAKE   475747                      S    04/2004       210,000         150,000          210,000     0.7143
LOT 84 NORTHSHORE ON LAKE   475748                      S    03/2005       180,000         168,728          180,000     0.9374
LOT 5 POINTE THE            475775                      S    04/2004       150,000         137,246          150,000     0.9150
LOT 9 POINTE THE            475779                      S    07/2004       185,000         153,339          185,000     0.8289
LOT 4 POINTE THE            475838                      S    08/2004       175,000         144,280          175,000     0.8245
LOT 9 BLK A LONG HOLLOW E   475874                      S    11/2004        60,000          62,500           60,000     1.0417
LOT 10 BLK A LONG HOLLOW    475875                      S    09/2004        77,500          62,500           77,500     0.8065
LOT 25 BLK A LONG HOLLOW    475887                      S    08/2004       120,000          87,500          120,000     0.7292
LOT 6 LIGHTHOUSE ESTATES    498651                      S    02/2005        89,000          85,150           89,000     0.9567
LOT 6107A HIGHLAND LAKE E   543126                      S    07/2004       129,000          82,162          129,000     0.6369
                                                                                       ___________      ___________     ______
                                                           STRATUM 4 TOTALS              3,044,052        3,647,800     0.8345

____________________________________________________________________________________________________________________________________

CATEGORY C  - STRATUM   5
$    194,201 - $999,999,999

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

LOT 27 NORTHSHORE ON LAKE   475697                      S    07/2004       285,000         254,250          285,000     0.8921
LOT 28 NORTHSHORE ON LAKE   475698                      S    02/2004       270,000         308,795          270,000     1.1437
LOT 29 NORTHSHORE ON LAKE   475699                      S    02/2004       266,750         254,625          266,750     0.9545
LOT 36 NORTHSHORE ON LAKE   475707                      S    11/2004       400,000         267,121          400,000     0.6678
LOT 46 NORTHSHORE ON LAKE   475717                      S    09/2004       260,000         260,000          260,000     1.0000
LOT 48 NORTHSHORE ON LAKE   475719                      S    11/2004       245,000         245,000          245,000     1.0000
LOT 7 NORTHSHORE ON LAKE    475794                      S    01/2005       235,000         298,100          235,000     1.2685
LOT 8 NORTHSHORE ON LAKE    475795                      S    12/2004       300,000         298,100          300,000     0.9937
LOT 9 NORTHSHORE ON LAKE    475796                      S    09/2004       365,000         300,000          365,000     0.8219
DATE: 01/23/2006                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE: 007
TIME: 12:58:12                                   2005 FIELD STUDIES CATEGORY WORKSHEET                                  REPT: PTS236
                                                          227/Travis                                                    VRSN: W
                                                        227-912/Lago Vista ISD

____________________________________________________________________________________________________________________________________


CATEGORY C  - STRATUM   5
$    194,201 - $999,999,999

LEGAL DESCRIPTION            ACCOUNT NUMBER             S/A SALE DATE    SALE PRICE    LOCAL VALUE        PTD VALUE      RATIO
_________________            ______________             ___ _________    __________    ___________        _________      _____
LOT 12 NORTHSHORE ON LAKE   475799                      S    10/2004       375,000         347,768          375,000     0.9274
LOT 23 NORTHSHORE ON LAKE   475808                      S    06/2004       265,000         249,239          265,000     0.9405
LOT 5 BLK A NORTHSHORE ON   543417                      S    10/2004       350,000         331,182          350,000     0.9462
                                                                                       ___________      ___________     ______
                                                           STRATUM 5 TOTALS              3,414,180        3,616,750     0.9440

____________________________________________________________________________________________________________________________________


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        3,306               0               0        7,593,182                      7,593,182
   2      R           14        5,178         118,800         109,000       38,783,438       1.0899        35,584,400
   3      R           16        1,375         481,388         736,575       28,364,894       0.6535        43,404,581
   4      R           27          362       3,044,052       3,647,800       33,669,549       0.8345        40,346,973
   5      R           12          105       3,414,180       3,616,750       33,435,184       0.9440        35,418,627

TOTAL                 69       10,326       7,058,420       8,110,125      141,846,247                    162,347,763       0.8737
____________________________________________________________________________________________________________________________________
DATE: 01/23/2006                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE: 008
TIME: 12:58:12                                   2005 FIELD STUDIES CATEGORY WORKSHEET                                  REPT: PTS236
                                                          227/Travis                                                    VRSN: W
                                                        227-912/Lago Vista 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
_________________            ______________             ___ _________    __________    ___________        _________      _____
LOT 15B COVE AT LAGO VIST   159704                      S    01/2005     1,030,200       1,022,458        1,030,200     0.9925
ABS 2537 SUR 98 CARLTON J   178384                      S    04/2004        60,000          60,120           60,000     1.0020
10.47 AC CHAS HEARTT ABS    182236                      S    07/2004        41,000          40,999           41,000     1.0000
LOT 1 RANCHO CIELO          424603                      S    10/2004        39,500          59,420           39,500     1.5043
LOT 2 RANCHO CIELO          424606                      S    10/2004        39,500          53,400           39,500     1.3519
LOT 3 RANCHO CIELO          424607                      S    05/2004        60,000          60,192           60,000     1.0032
LOTS 7 & 8 RANCHO CIELO     424611, 12                  S    04/2004       218,350         159,310          218,350     0.7296
LOT 12 RANCHO CIELO         424616                      S    07/2004        54,000          40,043           54,000     0.7415
ABS 189 SUR 98 CAMPBELL M   440073                      S    07/2004        80,000          88,399           80,000     1.1050
LOT 12 NORTHLAKE HILLS SE   458459                      S    07/2004       199,950         178,011          199,950     0.8903
LOT 1 NORTHLAKE HILLS SEC   475915                      S    04/2004       182,500         187,528          182,500     1.0276
ABS 2536 SUR 104 CARLTON    475923                      S    06/2004       250,000         243,263          250,000     0.9731
LOT 8 BLK D NORTHSHORE ON   523468                      S    09/2004       375,000         207,576          375,000     0.5535
LOT 7 BLK D NORTHSHORE ON   523469                      S    03/2005       375,000         100,000          375,000     0.2667
LOT 5 BLK D NORTHSHORE ON   523471                      S    01/2005       350,000         204,797          350,000     0.5851
LOT 4 BLK D NORTHSHORE ON   523472                      S    11/2004       395,000         100,000          395,000     0.2532
ABS 249 SUR 105 D & W R R   543989                      S    04/2004        92,500          57,143           92,500     0.6178
                                                                                       ___________      ___________     ______
                                                           STRATUM 0 TOTALS              2,862,659        3,842,500     0.7450

____________________________________________________________________________________________________________________________________


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           17          583       2,862,659       3,842,500       46,562,490       0.7450        62,499,987

TOTAL                 17          583       2,862,659       3,842,500       46,562,490                     62,499,987       0.7450
____________________________________________________________________________________________________________________________________
                                                        **** END OF REPORT ****