3850 Sarah Dr · Wesley Chapel, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 5/10 · Moderate
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 9/10 · Severe
- Hot days now (above 108°F)
- 7 days/yr
- Hot days in 30 yrs
- 25 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +28.8/30.0
- ARV discount +14.4/15.0
- DSCR +10.0/10.0
- 1% rule +7.6/10.0
- Schools +4.3/10.0
- Livability +4.0/5.0
- Condition / age +2.5/5.0
- Rent growth +2.4/5.0
- Appreciation +0.0/10.0
$189,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to your new Florida oasis at Terrace Park Senior Community! This beautifully updated double wide mobile home offers over 1400 sq ft of comfortable living space, perfect for those seeking a serene and vibrant community. This home has been completely updated, ensuring a fresh and stylish living environment. Just a few updates include windows & AC Enjoy energy efficiency and comfort with updated windows and air conditioning. Luxury Vinyl Flooring adding a touch of elegance while being easy to maintain. A modern kitchen with updated cabinets and appliances, perfect for culinary artist in you, custom blinds, Fresh paint inside and out creating a warm and welcoming atmosphere. Remodeled master bath, adding a touch of luxury to your daily routine. Inside laundry room for a touch of convenience at its best, The Florida room has been updated and offers a tranquil space to enjoy the surroundings, Wondering what to do with your weekend no worries take a refreshing dip in the community pool and socialize with the neighbors. Centrally located between Zephyrhills and Wesley Chapel, offering the best of both worlds with an abundance of choices whether it's shopping, dining, or entertainment, you're surrounded by options. Lots of park activities to engage in and connect with fellow residents. Embrace the quintessential Florida lifestyle in this charming community. Do not miss out on the opportunity to own a gorgeous ready to move in home in the Zephyrhills/ Wesley Chapel area!
Key facts
- 4,123 sq ft lot
- Parking
- Community pool
Property features AI
Finance
- Other: Total living area 1,456 (per public records)
- Financial info: Lease restrictions apply
- HOA & community: Monthly association fee: $40; Association approval required; Community pool; Senior community; Pets allowed with size limit (max 25 lbs)
Exterior
- Parking: Carport (1 space)
- Utilities: Public water; Public sewer; Electricity available; Cable available
- Home design: Manufactured double-wide home; Single-story; Faces west; Homesteaded
- Construction: Other construction materials; Other roof; Crawlspace foundation; Built on a 0.09-acre lot
- Exterior features: Sidewalk
Interior
- Kitchen: Microwave; Range; Refrigerator
- Bedrooms: 2 bedrooms
- Bathrooms: 2 full bathrooms
- Heating & cooling: Central heating; Central air conditioning
- Interior features: Eat-in kitchen; Seven total rooms
- Laundry & utility: Inside laundry
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath manufactured listed at $190k.
Deal economics
- At list price, monthly cash flow is $639 ($8k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $190k).
- Recommended offer: $167k (12.0% below list) — sets the bar for market timing.
- Cap rate 10.3% vs local median 3.7% in Wesley Chapel — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 79/100 on livability (#143 in FL, #2,137 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, health & safety A+; Watch: commute F.
- Pasco (suburban): math 50% / reading 52% proficiency, ranked #32 of 73 in FL (top 44%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Zoned schools: Chester W. Taylor Jr. Elementary School (math 33% / reading 37%, grade F, #1,697 of 2,144 statewide, top 80%, 654 students, 77% FRL); Zephyrhills High School (math 35% / reading 37%, grade F, #359 of 667 statewide, top 55%, 1,656 students, 70% FRL) — zoned schools average 73% FRL vs 48% district-wide (25 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 36% at this address vs 51% district-wide (-16 pts) — the specific schools serving this property underperform the Pasco average; the district grade overstates school quality for this exact location.
- Market conditions: Rents soft (-0.4%/yr); 638 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 6,765 units permitted in Pasco County in 2024 (1,250 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
- Pasco County population projected at +29% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 346 days — a 12% lower offer ($167k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 17y ago; this cycle's ask has dropped $20k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 346 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.26% ✓
- Cap rate
- 10.33%
- Cash-on-cash
- 14.43%
- DSCR
- 1.64
- GRM
- 6.6
CMA / ARV
- ARV (on-the-fly)
- $224,224
- Comps found
- 7
Show comp detail 7 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 3818 Chris Dr | 0.10mi | 3/2.0 | 1,404 (-4%) | 9mo | $180,000 | $128 | 82 |
| 3819 Kim Dr | 0.06mi | 2/2.0 (-1) | 1,318 (-10%) | 6mo | $99,900 | $76 | 72 |
| 3538 Kiah Dr | 0.18mi | 4/2.0 (+1) | 1,404 (-4%) | 15mo | $225,000 | $160 | 68 |
| 3630 Kiah Dr | 0.19mi | 3/2.0 | 1,620 (+11%) | 8mo | $250,000 | $154 | 66 |
| 3741 New River Rd | 0.14mi | 3/2.0 | 1,248 (-14%) | 13mo | $260,000 | $208 | 59 |
| 3841 Julie Dr | 0.09mi | 2/2.0 (-1) | 1,248 (-14%) | 13mo | $135,000 | $108 | 56 |
| 3946 Ernest Dr | 0.32mi | 2/2.0 (-1) | 1,248 (-14%) | 12mo | $235,000 | $188 | 46 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- 1.5%
- Equity multiple
- 1.06×
- Total profit
- $2,944
- Equity at exit
- $28,315
- IRR
- 8.0%
- Equity multiple
- 1.53×
- Total profit
- $27,938
- Equity at exit
- $16,419
Cash invested: $53,172 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 87 Strongly Landlord-Friendly
- State Florida
- 87 Strongly Landlord-Friendly · R+3
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 33543
- Home prices YoY
- -24.0%
- Rents YoY
- -0.4%
- Active inventory
- 638
- Price-to-rent
- 6.6×
Monthly cashflow live
- Estimated rent
- $2,387 high interval (Pro) →
- Mortgage (P&I)
- −$996
- Tax from tax record
- −$132 /mo · $1,579/yr
- Insurance
- −$79
- HOA
- −$40
- Vacancy / Maint / Mgmt
- −$501
- Net cashflow
- $639
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $47,475
- Closing costs
- $5,697
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 21 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 33780 Charleston Club Cir Wesley Chapel, FL | 1.0–2.0 | 1.0–2.0 | 977 | $2,135 | $2.19 | 2d | 11 | 0.18mi |
| 34214 Rogallo Ln Wesley Chapel, FL | 3.0 | 2.5 | 1574 | $2,050 | $1.30 | 24d | 1 | 0.61mi |
| 34214 Cinder Way Wesley Chapel, FL | 3.0 | 2.5 | 1650 | $2,200 | $1.33 | 5d | 1 | 0.64mi |
| 33976 Lusitano Dr Wesley Chapel, FL | 1.0–3.0 | 1.0–2.5 | 1251 | $2,895 | $2.31 | 12d | 71 | 0.68mi |
| 4410 Sailplane Ct Wesley Chapel, FL | 3.0 | 2.5 | 1574 | $2,100 | $1.33 | 24d | 1 | 0.69mi |
| 34002 Painthorse Way Wesley Chapel, FL | 1.0–3.0 | 1.0–2.0 | 1022 | $2,945 | $2.88 | 3d | 46 | 0.74mi |
| 36232 Lanier Oaks Pt , FL | 3.0 | 2.0 | 1325 | $1,700 | $1.28 | 24d | 1 | 1.11mi |
| 34916 Mulrion Dr Zephyrhills, FL | 3.0 | 2.0 | 1516 | $2,100 | $1.39 | 24d | 1 | 1.12mi |
| 34211 Jasper Stone Dr Wesley Chapel, FL | 4.0 | 2.0 | 1852 | $3,200 | $1.73 | 24d | 1 | 1.13mi |
| 4013 Constantine Loop Wesley Chapel, FL | 4.0 | 2.0 | 1574 | $2,050 | $1.30 | 12d | 1 | 1.14mi |
| 2883 Peony Prairie Ln Wesley Chapel, FL | 3.0 | 2.5 | 1673 | $2,099 | $1.25 | 11d | 1 | 1.14mi |
| 33801 Jasmine Star Loop Wesley Chapel, FL | 3.0 | 2.0 | 1516 | $2,300 | $1.52 | 24d | 1 | 1.15mi |
| 2839 Maiden Grass Isle Wesley Chapel, FL | 3.0 | 2.0 | 1546 | $2,600 | $1.68 | 24d | 1 | 1.15mi |
| 34276 Redwood Dawn Ln Wesley Chapel, FL | 3.0 | 2.5 | 1673 | $2,500 | $1.49 | 24d | 1 | 1.16mi |
| 34350 Redwood Dawn Ln Wesley Chapel, FL | 3.0 | 2.5 | 1673 | $2,350 | $1.40 | 5d | 1 | 1.21mi |
| 4255 Ashton Meadows Way Wesley Chapel, FL | 3.0 | 2.0 | 1545 | $2,050 | $1.33 | 24d | 1 | 1.24mi |
| 4966 Avalon Park Blvd Wesley Chapel, FL | 3.0 | 2.5 | 1608 | $2,350 | $1.46 | 24d | 1 | 1.34mi |
| 34652 Blue Starling St Zephyrhills, FL | 3.0 | 2.0 | 1352 | $1,650 | $1.22 | 5d | 1 | 1.37mi |
| 3060 Mountain Spruce Ter Wesley Chapel, FL | 2.0 | 2.0 | 1831 | $2,900 | $1.58 | 24d | 1 | 1.40mi |
| 34796 Robins Song Rd Zephyrhills, FL | 3.0 | 2.0 | 1575 | $1,799 | $1.14 | 20d | 1 | 1.40mi |
| 34873 Robins Song Rd Zephyrhills, FL | 3.0 | 2.0 | 1575 | $1,749 | $1.11 | 2d | 1 | 1.47mi |
HOA detail
- Monthly dues
- $40 · $480/yr
- Likely covers
- pool
Listing history 32 events
-
2026-06-18days on market $189,900 Active 346 DOM
-
2026-06-17days on market $189,900 Active 345 DOM
-
2026-06-16days on market $189,900 Active 344 DOM
-
2026-06-15days on market $189,900 Active 343 DOM
-
2026-06-13days on market $189,900 Active 341 DOM
-
2026-06-09days on market $189,900 Active 337 DOM
-
2026-06-08days on market $189,900 Active 336 DOM
-
2026-06-07days on market $189,900 Active 335 DOM
-
2026-06-04days on market $189,900 Active 332 DOM
-
2026-06-03days on market $189,900 Active 331 DOM
-
2026-06-02days on market $189,900 Active 330 DOM
-
2026-06-01days on market $189,900 Active 329 DOM
-
2026-05-31days on market $189,900 Active 328 DOM
-
2025-12-26price $195,000
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2025-11-03price $199,999
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2025-10-03price $205,000
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2025-07-07$210,000 Active
-
2024-01-29soldstatus $200,000
-
2024-01-22soldstatus $200,000 Closed 1500-char remark
Show marketing remark (1500 chars)
Welcome to your new Florida oasis at Terrace Park Senior Community! This beautifully updated double wide mobile home offers over 1400 sq ft of comfortable living space, perfect for those seeking a serene and vibrant community. This home has been completely updated, ensuring a fresh and stylish living environment. Just a few updates include windows & AC Enjoy energy efficiency and comfort with updated windows and air conditioning. Luxury Vinyl Flooring adding a touch of elegance while being easy to maintain. A modern kitchen with updated cabinets and appliances, perfect for culinary artist in you, custom blinds, Fresh paint inside and out creating a warm and welcoming atmosphere. Remodeled master bath, adding a touch of luxury to your daily routine. Inside laundry room for a touch of convenience at its best, The Florida room has been updated and offers a tranquil space to enjoy the surroundings, Wondering what to do with your weekend no worries take a refreshing dip in the community pool and socialize with the neighbors. Centrally located between Zephyrhills and Wesley Chapel, offering the best of both worlds with an abundance of choices whether it's shopping, dining, or entertainment, you're surrounded by options. Lots of park activities to engage in and connect with fellow residents. Embrace the quintessential Florida lifestyle in this charming community. Do not miss out on the opportunity to own a gorgeous ready to move in home in the Zephyrhills/ Wesley Chapel area!
-
2023-12-21status Pending 1500-char remark
Show marketing remark (1500 chars)
Welcome to your new Florida oasis at Terrace Park Senior Community! This beautifully updated double wide mobile home offers over 1400 sq ft of comfortable living space, perfect for those seeking a serene and vibrant community. This home has been completely updated, ensuring a fresh and stylish living environment. Just a few updates include windows & AC Enjoy energy efficiency and comfort with updated windows and air conditioning. Luxury Vinyl Flooring adding a touch of elegance while being easy to maintain. A modern kitchen with updated cabinets and appliances, perfect for culinary artist in you, custom blinds, Fresh paint inside and out creating a warm and welcoming atmosphere. Remodeled master bath, adding a touch of luxury to your daily routine. Inside laundry room for a touch of convenience at its best, The Florida room has been updated and offers a tranquil space to enjoy the surroundings, Wondering what to do with your weekend no worries take a refreshing dip in the community pool and socialize with the neighbors. Centrally located between Zephyrhills and Wesley Chapel, offering the best of both worlds with an abundance of choices whether it's shopping, dining, or entertainment, you're surrounded by options. Lots of park activities to engage in and connect with fellow residents. Embrace the quintessential Florida lifestyle in this charming community. Do not miss out on the opportunity to own a gorgeous ready to move in home in the Zephyrhills/ Wesley Chapel area!
-
2023-09-08$209,000 Active 1500-char remark
Show marketing remark (1500 chars)
Welcome to your new Florida oasis at Terrace Park Senior Community! This beautifully updated double wide mobile home offers over 1400 sq ft of comfortable living space, perfect for those seeking a serene and vibrant community. This home has been completely updated, ensuring a fresh and stylish living environment. Just a few updates include windows & AC Enjoy energy efficiency and comfort with updated windows and air conditioning. Luxury Vinyl Flooring adding a touch of elegance while being easy to maintain. A modern kitchen with updated cabinets and appliances, perfect for culinary artist in you, custom blinds, Fresh paint inside and out creating a warm and welcoming atmosphere. Remodeled master bath, adding a touch of luxury to your daily routine. Inside laundry room for a touch of convenience at its best, The Florida room has been updated and offers a tranquil space to enjoy the surroundings, Wondering what to do with your weekend no worries take a refreshing dip in the community pool and socialize with the neighbors. Centrally located between Zephyrhills and Wesley Chapel, offering the best of both worlds with an abundance of choices whether it's shopping, dining, or entertainment, you're surrounded by options. Lots of park activities to engage in and connect with fellow residents. Embrace the quintessential Florida lifestyle in this charming community. Do not miss out on the opportunity to own a gorgeous ready to move in home in the Zephyrhills/ Wesley Chapel area!
-
2020-11-18soldstatus $75,000
-
2020-11-09soldstatus $75,000 Sold 1251-char remark
Show marketing remark (1251 chars)
WELCOME TO SUNNY FLORIDA! Looking for the perfect home for you to spend the winters? Or maybe looking to relocate in to a PET Friendly 55 Plus park that is full of activities. You will not want to miss out on this 2 bedroom 2 bath sq ft house located in Terrace Park. This home features a great floor plan that is light bright and open. If you are the person that likes to have guest over and entertain then this is the one for you. As you pull in to the driveway you will notice that you have Not 1 but 2 bonus rooms, A nice big Florida room off of the driveway and another bonus room just off the living area that can be used as a reading room, Family room, or Office. The bedrooms in this home both have large walk in closets, and the main bedroom features a walk in shower and full bath accessories. The laundry room is located inside the home so no need to worry about going outside to do the laundry. Also if you like to tinker or you have a hobby that you enjoy then you will want to take a look at the storage shed/ workshop just off of the Florida room. This would be a great place to call your work station. Come take a look around, take a peak at the pool, check out the activities and see what you think about calling this your next home.
-
2020-10-07status Pending 1251-char remark
Show marketing remark (1251 chars)
WELCOME TO SUNNY FLORIDA! Looking for the perfect home for you to spend the winters? Or maybe looking to relocate in to a PET Friendly 55 Plus park that is full of activities. You will not want to miss out on this 2 bedroom 2 bath sq ft house located in Terrace Park. This home features a great floor plan that is light bright and open. If you are the person that likes to have guest over and entertain then this is the one for you. As you pull in to the driveway you will notice that you have Not 1 but 2 bonus rooms, A nice big Florida room off of the driveway and another bonus room just off the living area that can be used as a reading room, Family room, or Office. The bedrooms in this home both have large walk in closets, and the main bedroom features a walk in shower and full bath accessories. The laundry room is located inside the home so no need to worry about going outside to do the laundry. Also if you like to tinker or you have a hobby that you enjoy then you will want to take a look at the storage shed/ workshop just off of the Florida room. This would be a great place to call your work station. Come take a look around, take a peak at the pool, check out the activities and see what you think about calling this your next home.
-
2020-08-14$82,500 Active 1251-char remark
Show marketing remark (1251 chars)
WELCOME TO SUNNY FLORIDA! Looking for the perfect home for you to spend the winters? Or maybe looking to relocate in to a PET Friendly 55 Plus park that is full of activities. You will not want to miss out on this 2 bedroom 2 bath sq ft house located in Terrace Park. This home features a great floor plan that is light bright and open. If you are the person that likes to have guest over and entertain then this is the one for you. As you pull in to the driveway you will notice that you have Not 1 but 2 bonus rooms, A nice big Florida room off of the driveway and another bonus room just off the living area that can be used as a reading room, Family room, or Office. The bedrooms in this home both have large walk in closets, and the main bedroom features a walk in shower and full bath accessories. The laundry room is located inside the home so no need to worry about going outside to do the laundry. Also if you like to tinker or you have a hobby that you enjoy then you will want to take a look at the storage shed/ workshop just off of the Florida room. This would be a great place to call your work station. Come take a look around, take a peak at the pool, check out the activities and see what you think about calling this your next home.
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2013-03-26soldstatus $35,000
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2013-03-22soldstatus $35,000
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2010-11-10$39,900
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2010-07-01historical
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2009-03-03$60,000
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2003-04-11soldstatus $48,000
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2000-01-25soldstatus $45,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast FL · Resets to sale price
- Current annual tax
- $1,579 · $132/mo
- Projected year-2 tax
- $1,579 · $132/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 5/10 Major
- Heat 9/10 Extreme 7 d/yr ≥108°F today · 25 d/yr by 30 yrs out
- Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $28,646
- − Mortgage interest
- −$10,637
- − Property taxes
- −$1,579
- − Insurance
- −$950
- − Repairs & maintenance
- −$2,292
- − Management
- −$2,292
- − HOA
- −$480
- − Depreciation
- −$5,524
- Taxable income
- $4,892
- Est. tax owed @ 24.0%
- −$1,174
- After-tax cash flow
- $6,497/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Pasco
- NCES district ID
- 1201530
- Math proficiency
- 50% ▼ -10.00%
- Reading proficiency
- 52% ▼ -5.00%
- Median HH income
- $45,039
- Composite
- 43.14/100
- National rank
- #3074
- State rank
- #32 of 73 in FL
Livability — Wesley Chapel
- Score
- 79/100
- State rank
- #143
- US rank
- #2137
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Wesley Chapel, FL
- County
- Pasco County · 524,098 people
- City population
- 100,771
- Metro
- Tampa-St. Petersburg-Clearwater, FL
- Population (ZIP)
- 40,648
- Household income
- $107,349
- Rent vs Own
- Severe rent burden
- 407.0
Population outlook (Pasco County) Hauer SSP2
- Today (2025)
- 570,045 people
- By 2030
- 605,844 · +6.3%
- By 2040
- 674,806 · +18.4%
- By 2050
- 736,022 · +29.1%
- By 2075
- 862,900 · +51.4%
- By 2100
- 906,364 · +59.0%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.67)
- Race & ethnicity
- White 51% Hispanic / Latino 22% Two or more races 15% Black 12% Asian 9%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 8% Cuban 2% Dominican 2%
- Common ancestry
- Romanian 3% Lithuanian 1% Scotch-Irish 1%
- Foreign-born
- 20% · Canada, Jamaica, China
- Languages at home
- 71% English-only · Spanish 16% Other Indo-European 2% Tagalog/Filipino 2%
Political lean MEDSL · Pasco
- 2024 margin
- Strong R (+25.2) · D 36.9% · R 62.1% · Other 1.0%
- 2008→2024 swing
- -21.6pp toward R · 2008: -3.6pp · 2024: -25.2pp
- All cycles
- 2024: R+25.2 2020: R+20.1 2016: R+21.6 2012: R+6.7 2008: R+3.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -83.13%
- Current HPI
- 263.2513
- Rent YoY
- ▼ -0.37%
- Metro
- Tampa-St. Petersburg-Clearwater, FL
- State GDP YoY
- ▲ 3.28%
- F500 in state
- 36
Industry mix (Fortune 500 HQ in FL)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Industrial Technology | 2 | $29B |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
+333.3% since first listed19 events — show timeline
- 2025-12-26 Price Changed $195,000 Stellar MLS as Distributed by MLS Grid
- 2025-11-03 Price Changed $199,999 Stellar MLS as Distributed by MLS Grid
- 2025-10-03 Price Changed $205,000 Stellar MLS as Distributed by MLS Grid
- 2025-07-07 Listed $210,000 Stellar MLS as Distributed by MLS Grid
- 2024-01-29 Sold (Public Records) $200,000 Public Records
- 2024-01-22 Sold (MLS) $200,000 Stellar MLS as Distributed by MLS Grid
- 2023-12-21 Pending — Stellar MLS as Distributed by MLS Grid
- 2023-09-08 Listed $209,000 Stellar MLS as Distributed by MLS Grid
- 2020-11-18 Sold (Public Records) $75,000 Public Records
- 2020-11-09 Sold (MLS) $75,000 Stellar MLS as Distributed by MLS Grid
- 2020-10-07 Pending — Stellar MLS as Distributed by MLS Grid
- 2020-08-14 Listed $82,500 Stellar MLS as Distributed by MLS Grid
- 2013-03-26 Sold (Public Records) $35,000 Public Records
- 2013-03-22 Sold (MLS) $35,000 Stellar MLS as Distributed by MLS Grid
- 2010-11-10 Listed $39,900 Stellar MLS as Distributed by MLS Grid
- 2010-07-01 Listing Removed — Stellar MLS as Distributed by MLS Grid
- 2009-03-03 Listed $60,000 Stellar MLS as Distributed by MLS Grid
- 2003-04-11 Sold (Public Records) $48,000 Public Records
- 2000-01-25 Sold (Public Records) $45,000 Public Records
Property tax history
+6.6%/yrLatest (2025): $1,579 · +126.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…