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Forsyth County assessor explains reappraisal process; most Lewisville parcels rose sharply

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

John Burgess of the Forsyth County Tax Collector and Assessor’s Office told the Town of Lewisville council on Feb. 13 that the county’s 2025 reappraisal brought most residential properties in Lewisville to about 100% of fair market value after the county’s prior assessed levels lagged the market.

John Burgess of the Forsyth County Tax Collector and Assessor’s Office told the Town of Lewisville council on Feb. 13 that the county’s 2025 reappraisal brought most residential properties in Lewisville to about 100% of fair market value after the county’s prior assessed levels lagged the market.

“The purpose of a reappraisal is simply to bring the real estate values that we have on our books into proper alignment so that in the year of the reappraisal, no matter what type of property you own, everybody’s paying their fair share,” Burgess said during a presentation to the council and staff.

Burgess said Forsyth County has about 160,000 properties and roughly 6,500 real estate parcels inside the Town of Lewisville. Over the four‑year reappraisal window the county recorded about 1,304 sales in Lewisville, and 270 sales in the last year of…

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