Highlands Reserve
Homes for Sale in Valrico, FL
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 18 closed sales in Highlands Reserve Ph 2 in Valrico, FL since 2016, the most recent in April 2026. Across Valrico as a whole, 445 homes closed in the last 12 months at a median of $415,000, 34 median days on market, with 73 homes for sale today. At that median and Hillsborough County's FY2025-26 rate of 15.73 mills, annual property tax runs about $6,530 ($5,900 with the full homestead exemption).
Highlands Reserve Ph 2 is a tightly built pocket — every home dates to a three-year construction window between 2015 and 2018, with a median build year of 2016. That kind of age consistency means less variation in systems, roofs, and finishes than you'd find in an older or phased-over-decades community, which narrows the usual condition-driven price spread buyers have to underwrite for.
Only one closing came through in the most recent window, so there isn't a deep trail of recent transactions to lean on for pricing signals. That's not unusual for a smaller, 102-home enclave — it just means pricing conversations here have to be built home-by-home rather than off a running comp sheet, and a local read matters more than usual.
Nearby homes for sale
No active listings inside Highlands Reserve Ph 2 right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
A compact, recently built section of Valrico in Hillsborough County, Highlands Reserve Ph 2 holds 102 homes constructed almost entirely between 2015 and 2018, with a median living area of 2,910 square feet — larger-footprint single-family product rather than starter-sized construction.
Stellar MLS sales records identify 37 homes in Highlands Reserve that have changed hands since 2016, built between 2015 and 2017 (median 2016), with a median living area of about 2,484 sq ft and a typical 4-bedroom, 3-bath layout; 100% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Highlands Reserve is best for.
Best for
- Buyers wanting a larger single-family home built within the last decade rather than an older resale.
- Move-up buyers comfortable pricing a home without a deep recent comp trail, working closely with an agent on value.
- Buyers who don't need on-site community amenities and are focused purely on the home itself.
Probably not for
- Buyers who want a clubhouse, pool, or other on-site amenity package as part of the purchase.
- Investors expecting a high volume of comparable recent closings to model pricing quickly.
- Buyers seeking older or more architecturally varied housing stock than this single build era offers.
The market around Highlands Reserve
Highlands Reserve is too small for its own price trend, so here is the market around it.
In ZIP 33594, 143 homes are on the market and 27% are under contract — a steady corner of Valrico.
Across Hillsborough County, 6,274 homes are active and 1,939 pending (24% under contract).
In ZIP 33594 (Valrico), 580 homes closed in the last 12 months at a median of $410K ($216/sq ft), down 2.7% year over year, with a median 35 days on market. Right now 70 active and 40 pending listings put supply at about 2.8 months — a healthy market. See the live ZIP 33594 housing market and the Hillsborough County market.
ZIP and county figures describe the wider market, not Highlands Reserve specifically. Momentum Research analysis of MLS records.
The Highlands Reserve buying strategy.
If we were buying in Highlands Reserve today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Highlands Reserve.
A newer build cycle with thin turnover
The community's defining trait is its build consistency: with a 2015–2018 construction window and a median year built of 2016, there's little of the age-driven variance that complicates pricing in older Valrico neighborhoods. Homes here are also sized up, with a median living area just under 2,910 square feet — this reads as a move-up or larger-footprint pocket rather than an entry-level tract.
Homestead share sits at roughly 84%, which points to a high rate of owner-occupancy relative to investor or rental holdings — useful context for understanding how many homes are likely to turn over as primary-residence sales versus investment exits. No community amenities are identified in current MLS listings, so any pool, clubhouse, or recreational draw isn't part of the current marketing story here — this is a housing-stock play, not an amenity play.
The location and the amenities are priced into every listing in Highlands Reserve. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
With just one closing in the latest window, pricing a home in Highlands Reserve Ph 2 well takes more than pulling a comp report — it takes knowing what similar-vintage, similar-square-footage homes have actually done nearby and reading the specific home in front of you against that backdrop. We track inventory this thin closely so sellers aren't guessing and buyers aren't overpaying for scarcity alone.
Highlands Reserve in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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.
Tools for a Highlands Reserve buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Highlands Reserve sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Highlands Reserve, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Highlands Reserve home worth?
Get a no-obligation home value based on real comparable sales in Highlands Reserve, 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 all homes for sale in Valrico →
Should you buy in Highlands Reserve?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | Stellar MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2016 (18 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.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how Highlands Reserve Ph 2 fits the bigger picture — live prices, inventory, and Momentum Scores:
Schools serving nearby communities
We do not have a confirmed school assignment for Highlands Reserve. These are the public schools most often assigned to other communities in ZIP 33594; zones change and vary by address, so confirm with the district before you buy.
- Mulrennan Middle School · Middle · FLDOE grade A (assigned to 3 nearby communities)
- Buckhorn Elementary School · Elementary · FLDOE grade A (assigned to 2 nearby communities)
- Durant High School · High · FLDOE grade A (assigned to 2 nearby communities)
- Newsome High cluster per local guides · Cluster (assigned to 2 nearby communities)
- Bloomingdale High School · Public · FLDOE grade A (assigned to 2 nearby communities)
Assignments from district data for neighboring communities; grades are official Florida Department of Education school grades (2025-26).
Common questions about Highlands Reserve
Where is Highlands Reserve?
Highlands Reserve is a community in Valrico, Hillsborough County, Florida, ZIP 33594.
Are there homes for sale in Highlands Reserve right now?
No active listings inside Highlands Reserve at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.
Does Highlands Reserve have an HOA or CDD?
No HOA is on record for Highlands Reserve in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.
Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.
Nearby Communities
Explore more neighborhoods near Highlands Reserve with Momentum Realty’s local guides.