HIGHLANDS RESERVE PH 2
Homes for Sale in VALRICO, FL

Community in VALRICO · Hillsborough County · ZIP 33594
102 homesBuilt 2015–2018
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Built fromLive Stellar MLS data10 years of closingsFL DOR public recordsUpdated twice daily
Live · HIGHLANDS RESERVE PH 2 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
84%
Owner-occupied · HIGHLANDS RESERVE PH 2
86 of 102 parcels homesteaded (FL DOR 2025)
16%
Non-owner-occupied · HIGHLANDS RESERVE PH 2
incl. 0% trust or LLC-held · 2% out-of-state
17%
Cash buyers · HIGHLANDS RESERVE PH 2
1 of 6 sales, 12 mo ending June 2025
102
Homes in the community
102 residential parcels (FL DOR 2025)
Track record · 10 years of records
Est. 2015
Community established
homes built 2015-2018, median 2016 (FL DOR 2025)
1
Failed listings · 2026
peaked at 4 in 2019
1.0%/yr
Turnover rate
about 1 of 102 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

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.

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.

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.

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 PH 2

HIGHLANDS RESERVE PH 2 is a small community — 11 recorded sales on file, most recently in 2026 — too few for its own price trend. Here is the market around it.

In ZIP 33594, 154 homes are on the market and 37% are under contract — a fast-moving corner of VALRICO.

Across Hillsborough County, 6,259 homes are active and 2,098 pending (25% under contract).

Homes here are single family residence.

ZIP and county figures describe the wider market, not HIGHLANDS RESERVE PH 2 specifically. Momentum Research analysis of MLS records.

If we were buying in HIGHLANDS RESERVE PH 2 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 HIGHLANDS RESERVE PH 2.

Best Buy
Buyers who want a newer-build, larger-footprint home without an older-neighborhood renovation list.
Biggest Risk
Thin recent sales data means pricing requires a closer, home-specific read rather than a quick comp pull.
Sweet Spot
Move-up buyers targeting a home in the 2,900-square-foot range with newer-construction systems.
Avoid If
You're prioritizing a resort-style or clubhouse amenity package — none are listed here currently.

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 PH 2. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

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 PH 2 in 15 seconds.

Best forBuyers who want a newer-build, larger-footprint home without an older-neighborhood renovation list.
Biggest advantageTight construction-year consistency simplifies condition and systems-age assumptions across the community.
Biggest riskThin recent sales data means pricing requires a closer, home-specific read rather than a quick comp pull.
Sweet spotMove-up buyers targeting a home in the 2,900-square-foot range with newer-construction systems.
Avoid ifYou're prioritizing a resort-style or clubhouse amenity package — none are listed here currently.

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 HIGHLANDS RESERVE PH 2 sales matched to your home.

What is your HIGHLANDS RESERVE PH 2 home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in HIGHLANDS RESERVE PH 2?
The Florida DOR 2025 assessment roll shows 102 homes in HIGHLANDS RESERVE PH 2 (public records).
What share of HIGHLANDS RESERVE PH 2 is owner-occupied?
84% of HIGHLANDS RESERVE PH 2 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in HIGHLANDS RESERVE PH 2 built?
Homes in HIGHLANDS RESERVE PH 2 were built between 2015 and 2018, with a median year built of 2016.0 (FL DOR 2025 roll).
Do cash buyers compete in HIGHLANDS RESERVE PH 2?
Cash buyers took 17% of HIGHLANDS RESERVE PH 2 sales in the 12 months ending June 2025 (1 of 6 closings, Stellar MLS).
Who is the best real estate agent for HIGHLANDS RESERVE PH 2?
The best agent for HIGHLANDS RESERVE PH 2 is one who actively works VALRICO 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 HIGHLANDS RESERVE PH 2.
How do I find a top VALRICO real estate agent who knows HIGHLANDS RESERVE PH 2?
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 HIGHLANDS RESERVE PH 2 and the wider VALRICO area.
Can Momentum Realty connect me with an agent for HIGHLANDS RESERVE PH 2?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your HIGHLANDS RESERVE PH 2 purchase or sale - no call center and no pressure.
Buyers wanting a larger single-family home built within the last decade rather than an older resale.Excellent fit
Move-up buyers comfortable pricing a home without a deep recent comp trail, working closely with an agent on value.Excellent fit
Buyers who don't need on-site community amenities and are focused purely on the home itself.Excellent fit
Buyers who want a clubhouse, pool, or other on-site amenity package as part of the purchase.Probably not
Investors expecting a high volume of comparable recent closings to model pricing quickly.Probably not
Buyers seeking older or more architecturally varied housing stock than this single build era offers.Probably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (6 streets, ZIP 33594))
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-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.

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Thinking of selling in HIGHLANDS RESERVE PH 2? 1 recorded closings (window ending 2026-08-02). See the Hillsborough 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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