Tracers Lake Keen Estates
Homes for Sale in Lutz, FL
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 16 closed sales in Tracers Lake Keen Estates No. 1 in Lutz, FL since 2015, the most recent in May 2026. Across Lutz as a whole, 318 homes closed in the last 12 months at a median of $475,000, 41 median days on market, with 72 homes for sale today. At that median and Hillsborough County's FY2025-26 rate of 15.73 mills, annual property tax runs about $7,470 ($6,850 with the full homestead exemption).
Tracers Lake Keen Estates No. 1 is a small, older Lutz plat where the spread in build years does most of the work on price. With homes dating from 1954 through 2009 and a median year built of 1972, condition and updates matter more here than location within the neighborhood. The median price of $497,500 and median price per square foot of $249.49 reflect that mix rather than a single consistent product.
Only 4 closings fed this snapshot, so treat the numbers as directional, not a tight market curve. A median 55.5 days on market suggests these homes are not moving instantly, which gives buyers some room to negotiate on condition and gives sellers a reason to price realistically from day one rather than testing the market.
The 60-Second Overview
A 74-home community in Lutz built out over more than five decades, with a median home landing around 2,160 square feet and a median year built of 1972 — an older core with newer construction mixed in rather than a single-era subdivision.
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 Tracers Lake Keen Estates is best for.
Best for
- A buyer looking for an established Lutz address with a mid-size home and flexibility to renovate over time.
- A buyer comfortable with a longer marketing period who wants negotiating leverage tied to condition rather than scarcity.
- A buyer prioritizing lot and location over shared community amenities, since none are identified here.
Probably not for
- A buyer who wants a newly built or highly uniform home with predictable systems and finishes.
- A buyer who needs a fast, competitive-offer transaction; the median 55.5 days on market points to a slower pace.
- A buyer who wants clubhouse, pool, or organized recreational amenities as part of the purchase.
The market around Tracers Lake Keen Estates
Tracers Lake Keen Estates is too small for its own price trend, so here is the market around it.
In ZIP 33549, 70 homes are on the market and 26% are under contract — a steady corner of Lutz.
Across Hillsborough County, 6,274 homes are active and 1,939 pending (24% under contract).
ZIP and county figures describe the wider market, not Tracers Lake Keen Estates specifically. Momentum Research analysis of MLS records.
Recent Developments in Tracers Lake Keen Estates No 1
Development, infrastructure, retail, and school activity affecting Tracers Lake Keen Estates No 1, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- July 2026Development
33-story tower planned for Water Street Tampa expansion
Strategic Property Partners plans a 33-story mixed use tower at Water Street and Cumberland Avenue in downtown Tampa on a 1.9-acre site. The building would hold 452 residential units ranging from studios to three bedrooms plus about 37,000 square feet of retail and 645 parking spaces. Construction is scheduled to begin in spring 2027 with completion targeted for 2029.
What it may mean for the marketAdds a 33 story tower with 452 residential units and ground floor retail to the downtown Tampa market, continuing the buildout of the Water Street district and expanding high rise housing supply. The project is about 23 miles south of Tracers Lake Keen Estates No 1, elsewhere in Hillsborough County.
Source: Florida YIMBY - July 2026Development
Mercy Oaks II affordable apartments open on North Florida Avenue
Catholic Charities, with the City of Tampa and Hillsborough County, completed Mercy Oaks II, a 17-unit affordable apartment building on North Florida Avenue in East Tampa built on the site of a former strip mall. The project includes 15 one-bedroom and two two-bedroom units, with seven units serving households up to 80 percent of area median income and ten up to 50 percent. It was supported by 1.25 million dollars in state SHIP funds from the city and sits next to the 20-unit Mercy Oaks I completed in 2022.
What it may mean for the marketAdds 17 income restricted apartments on a former strip mall site, expanding the affordable rental supply and converting vacant commercial land to housing. The project is about 18 miles south of Tracers Lake Keen Estates No 1, elsewhere in Hillsborough County.
Source: City of Tampa - July 2026Builder Activity
First 3D-printed affordable home nears completion in East Tampa
The nonprofit Corporation to Develop Communities of Tampa is completing Tampa's first 3D-printed affordable home on Lurline Circle in East Tampa, using a gantry-style printer that layers concrete for the walls. The house is expected to be finished within weeks and listed for sale in about two months, with down payment assistance and first time homebuyer programs available. The effort is part of a broader CDC initiative that includes more than 90 multifamily units in East Tampa.
What it may mean for the marketIntroduces 3D concrete printing construction to the local for sale housing market, with a new single family home and additional multifamily units planned. The method signals a new building technique entering the area home supply. The project is about 20 miles south of Tracers Lake Keen Estates No 1, elsewhere in Hillsborough County.
Source: Bay News 9 - April 2026Development
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 site is about 1 mile northwest of Tracers Lake Keen Estates No 1.
Source: Tampa Bay Times - January 2026Development
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 site is about 5 miles west of Tracers Lake Keen Estates No 1.
Source: WUSF - January 2026Development
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 7 miles southeast of Tracers Lake Keen Estates No 1.
Source: HCO News
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.
The Tracers Lake Keen Estates buying strategy.
If we were buying in Tracers Lake Keen Estates 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 Tracers Lake Keen Estates.
A neighborhood defined by vintage spread, not uniformity
The single most important fact about this community is the 55-year range between its oldest and newest homes. That kind of spread means two houses on the same street can carry very different systems, layouts, and renovation histories, which is exactly why price per square foot is the more useful number to watch here than median price alone. At $249.49 per square foot, buyers should expect that figure to swing meaningfully based on whether a given home has been updated since 1972 or largely left original.
With a homestead exemption filed on 82.4% of homes, most properties here are held as primary residences rather than cycled as short-term investments, which tends to correlate with slower turnover and fewer listings hitting the market at once — consistent with the small closings count in this window. No community amenities were identified from current MLS listings, so this is a community you buy for the house and the lot, not for a shared clubhouse or recreation package.
The location and the amenities are priced into every listing in Tracers Lake Keen Estates. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a small, low-volume community with a wide range of home vintages, pricing a listing or evaluating an offer requires pulling comparable sales by age and condition, not just by address. We do that work before you make a decision, so you are not relying on a single median figure to price or negotiate a home that may not resemble its neighbors.
Tracers Lake Keen Estates 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 Tracers Lake Keen Estates 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 Tracers Lake Keen Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Tracers Lake Keen Estates, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Tracers Lake Keen Estates home worth?
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Should you buy in Tracers Lake Keen Estates?
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 2015 (16 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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