Asbel Creek Ph 05
Homes for Sale in Land O Lakes, FL

Community in Land O Lakes · Pasco County
139 homesBuilt 2006–2011
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Built fromLive Stellar MLS data16 years of closingsFL DOR public recordsUpdated twice daily
Live · Asbel Creek Ph 05 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
1
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
66%
Owner-occupied · Asbel Creek Ph 05
91 of 139 parcels homesteaded (FL DOR 2025)
34%
Non-owner-occupied · Asbel Creek Ph 05
incl. 13% trust or LLC-held · 23% out-of-state
33%
Cash buyers · Asbel Creek Ph 05
1 of 3 sales, 12 mo ending June 2024
139
Homes in the community
139 residential parcels (FL DOR 2025)
Track record · 16 years of records
Est. 2006
Community established
homes built 2006-2011, median 2008 (FL DOR 2025)
1
Failed listings · 2026
peaked at 5 in 2015
0.7%/yr
Turnover rate
about 1 of 139 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Asbel Creek Ph 05 is a compact, coherent enclave of 139 homes in Land O Lakes, all built in a tight window from 2006 to 2011 with a median build year of 2008. That construction age is the single most useful lens here: these are homes old enough to need a serious look at roofs, HVAC, and water heaters, but young enough that layouts and systems are still current by today's standards. With a median living area just over 2,000 square feet, the housing stock is fairly uniform, which means price here is driven less by size and more by condition and updates.

The homestead share sits at roughly 66%, so this reads as a predominantly owner-occupied section rather than a rental-heavy one — a signal of stability in how the community is maintained. For a seller, the narrow age band means you are competing against similar houses, so condition and finish work are what separate a fast contract from a stale listing. For a buyer, expect to underwrite each home on its maintenance history, not on square footage alone.

Best for

  • Buyers seeking a predictable, move-in-ready home around 2,000 square feet who value consistency over surprise
  • Owner-occupants planning to hold, drawn to a section with high homestead occupancy and steady upkeep
  • Value-minded buyers willing to budget for system replacements on a mid-2000s home in exchange for good bones

Probably not for

  • Buyers who want new construction or the latest layouts and finishes
  • Anyone needing a broad range of home sizes or price points to choose from
  • Investors chasing a rental-heavy block, given the strong owner-occupancy tilt here

The market around Asbel Creek Ph 05

Asbel Creek Ph 05 is a small community — 16 recorded sales on file, most recently in 2026 — too few for its own price trend. Here is the market around it.

Across Pasco County, 4,307 homes are active and 1,258 pending (23% under contract).

Homes here are single family residence.

ZIP and county figures describe the wider market, not Asbel Creek Ph 05 specifically. Momentum Research analysis of MLS records.

If we were buying in Asbel Creek Ph 05 today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Asbel Creek Ph 05.

Best Buy
Buyers who want a consistent, mid-2000s home near the 2,000-square-foot range without size guesswork.
Biggest Risk
Homes of this age carry aging systems — roofs, HVAC, and water heaters deserve close scrutiny.
Sweet Spot
A well-updated home at or near the median size, bought or sold on documented upkeep.
Avoid If
You want architectural variety or a wide menu of floor plans and price points.

A one-era subdivision, priced by upkeep

When every home was built inside a five-year window, the differences that move price are the ones you can see and touch: the roof, the mechanicals, the kitchen, and the yard. Two houses of nearly identical square footage can sit far apart in value purely on how recently the big-ticket systems were replaced. That is why the price spread here is condition-driven rather than size-driven, and why a walkthrough tells you more than a spec sheet.

The high owner-occupancy share tends to correlate with steadier exterior upkeep and fewer distressed listings, but it also means turnover can be limited — the right house may not come up often. Buyers should be ready to move when a well-maintained one lists, and sellers should recognize that presenting a genuinely updated home is the clearest way to stand out in a lineup of look-alikes.

The location and the amenities are priced into every listing in Asbel Creek Ph 05. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a subdivision where houses share an era and a footprint, our value is in reading condition against comparable sales and telling you plainly where a home sits on the maintenance curve. We will point out the deferred roof or the original HVAC before it becomes your problem, and we will price a listing on what actually separates it from the house down the street.

Asbel Creek Ph 05 in 15 seconds.

Best forBuyers who want a consistent, mid-2000s home near the 2,000-square-foot range without size guesswork.
Biggest advantageA uniform, predominantly owner-occupied build makes condition the honest variable in every deal.
Biggest riskHomes of this age carry aging systems — roofs, HVAC, and water heaters deserve close scrutiny.
Sweet spotA well-updated home at or near the median size, bought or sold on documented upkeep.
Avoid ifYou want architectural variety or a wide menu of floor plans and price points.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Asbel Creek Ph 05 sales matched to your home.

What is your Asbel Creek Ph 05 home worth?

Get a no-obligation home value based on real comparable sales in Asbel Creek Ph 05, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Asbel Creek Ph 05 on the map →

Real comps, not an automated estimate.

Recent Developments in Asbel Creek Ph 05

Development, infrastructure, retail, and school activity affecting Asbel Creek Ph 05, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

  1. July 2026
    Development

    Pomelo Square mixed-use community advances in Wesley Chapel

    Ryan Cos. and PulteGroup are advancing Pomelo Square, a mixed use development at the northeast corner of Old Pasco Road and Overpass Road in Wesley Chapel. Plans call for 415 residential units made up of 325 apartments and 90 townhomes, about 42,000 square feet of retail, and a hotel pad. Completion is targeted for the first quarter of 2028.

    What it may mean for the marketAdds a mixed use community of apartments and townhomes with retail space and a hotel pad, expanding housing and commercial supply in a growing Pasco County corridor. The project is about 4 miles northwest of Asbel Creek Ph 05, elsewhere in Pasco County.

    Source: Florida YIMBY
  2. April 2026
    Development

    New mixed-use development planned on State Road 52 in central Pasco

    A mixed-use development planned on State Road 52 in central Pasco County, next to Pilot Country Airport, would add 108 single-family homes, about 175,000 square feet of commercial and retail space, and a 120-room hotel, with completion expected around 2030.

    What it may mean for the marketA new mixed-use community adds housing, retail, and lodging along the State Road 52 corridor in central Pasco, the kind of growth that can shape demand and pricing for nearby communities. The project is about 11 miles west of Asbel Creek Ph 05, elsewhere in Pasco County.

    Source: Tampa Bay Times
  3. January 2026
    Development

    Moffitt Cancer Center opens flagship outpatient center at its new Speros FL campus in Pasco

    Moffitt Cancer Center held the grand opening of its flagship outpatient cancer center in January 2026 at Speros FL, its large new campus on State Road 52 in Pasco County. The campus is planned as a long-term life sciences and medical hub expected to bring substantial employment to the area.

    What it may mean for the marketA large new medical and life sciences campus is a long-term employment anchor for central Pasco, a structural demand driver for housing in the surrounding area. The project is about 15 miles west of Asbel Creek Ph 05, elsewhere in Pasco County.

    Source: WUSF
  4. January 2026
    Development

    Flagship breaks ground on 46,000-square-foot Wiregrass Ranch Medical Pavilion in Wesley Chapel

    Flagship Healthcare Properties broke ground in January 2026 on a 46,000-square-foot medical pavilion at Wiregrass Ranch in Wesley Chapel, adding outpatient medical space to the growing State Road 56 corridor.

    What it may mean for the marketAdded outpatient medical space along the State Road 56 corridor deepens healthcare access and professional employment in Wesley Chapel, an amenity factor that can support nearby housing demand. The site is about 4 miles west of Asbel Creek Ph 05.

    Source: HCO News

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

Frequently Asked Questions

How many homes are in Asbel Creek Ph 05?
The Florida DOR 2025 assessment roll shows 139 homes in Asbel Creek Ph 05 (public records).
What share of Asbel Creek Ph 05 is owner-occupied?
66% of Asbel Creek Ph 05 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Asbel Creek Ph 05 built?
Homes in Asbel Creek Ph 05 were built between 2006 and 2011, with a median year built of 2008 (FL DOR 2025 roll).
Do cash buyers compete in Asbel Creek Ph 05?
Cash buyers took 33% of Asbel Creek Ph 05 sales in the 12 months ending June 2024 (1 of 3 closings, Stellar MLS).
Who is the best real estate agent for Asbel Creek Ph 05?
The best agent for Asbel Creek Ph 05 is one who actively works Land O Lakes and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Asbel Creek Ph 05.
How do I find a top Land O Lakes real estate agent who knows Asbel Creek Ph 05?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Asbel Creek Ph 05 and the wider Land O Lakes area.
Can Momentum Realty connect me with an agent for Asbel Creek Ph 05?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Asbel Creek Ph 05 purchase or sale - no call center and no pressure.
Buyers seeking a predictable, move-in-ready home around 2,000 square feet who value consistency over surpriseExcellent fit
Owner-occupants planning to hold, drawn to a section with high homestead occupancy and steady upkeepExcellent fit
Value-minded buyers willing to budget for system replacements on a mid-2000s home in exchange for good bonesExcellent fit
Buyers who want new construction or the latest layouts and finishesProbably not
Anyone needing a broad range of home sizes or price points to choose fromProbably not
Investors chasing a rental-heavy block, given the strong owner-occupancy tilt hereProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (4 streets, ZIP 34638))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2010 (21 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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Thinking of selling in Asbel Creek Ph 05? 1 recorded closings (window ending 2026-07-13). See the Pasco County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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