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Tarrant Appraisal District mock study shows Castleberry sales-ratio rise; public commenter urges broader participation
Summary
Tarrant Appraisal District presented a mock property value study showing Castleberry ISD's sales ratio improved from roughly 82% to about 91%; a public commenter urged wider participation by local taxing entities in the TAD election process and stressed district control of budget decisions.
Tarrant Appraisal District’s new chief appraiser told the Castleberry Independent School District Board of Education that a county-level mock property value study shows the district’s sales-ratio estimate improved from the low 80s to about 91 percent, though the state will make the final determination on Jan. 31, 2026.
The mock property value study, presented by Joe Don Bobbitt, chief appraiser for the Tarrant Appraisal District, is TAD’s attempt to replicate the Texas Comptroller’s property value study and to measure whether appraisal districts are valuing property at market. Bobbitt said the district’s January estimate was “around 82%,” and that more recent data show the ratio improved to about 91% as additional sales were added to the sample.
The mock study matters because the state compares appraised values to actual sale prices to compute a sales ratio; falling below certain thresholds can trigger reductions in state…
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