Watergrass Towns
Homes for Sale in Wesley Chapel, FL
All 685 homes for sale in Wesley Chapel, FL · median $435,000 · 120 townhomes for sale in Wesley Chapel · 260 homes for sale in 33545 · Pasco County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Stellar MLS
As of October 2026, the MLS records 82 closed sales in Watergrass Towns in Wesley Chapel, FL since 2023, the most recent in October 2025. Recorded prices since 2024 ran from $295,000 to $398,545 (median $316,480), on homes of 1,566 to 1,808 sq ft. Across Wesley Chapel as a whole, 1,350 homes closed in the last 12 months at a median of $425,000, 47 median days on market, with 376 homes for sale today. At that median and Pasco County's FY2025-26 rate of 16.15 mills, annual property tax runs about $5,110 ($4,460 with the full homestead exemption).
Part of the Watergrass master-planned community in Wesley Chapel, FL — see all Watergrass homes for sale (35 listings across 22 villages and sections in the MLS).
| Location | Wesley Chapel, Pasco County, FL · ZIP 33545 |
|---|---|
| Homes in the community | 111 (FL DOR 2025 assessment roll) |
| Years built | 2023–2024 (median 2024.0) |
| Typical living area | 1,642 sq ft (median) |
| Amenities listed by sellers | Community Mailbox, Pool |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 38% |
Data as of September 20, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2023 through 2025; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Watergrass Towns key facts,” movewithmomentum.com/neighborhoods/watergrass-towns, data as of September 20, 2026.

Watergrass Towns is a brand-new townhome pocket in Wesley Chapel, with all 111 homes built in 2023 or 2024 and a median year built of 2024. When everything is this new and this uniform, price is driven less by vintage and more by condition, interior finish level, and lot position within the community. Expect a tighter spread than you would see in an older, mixed-vintage neighborhood.
The homestead share sits at about 38%, which means a majority of these townhomes are not owner-occupied as a primary residence. For a buyer, that signals a meaningful investor and second-home presence; for a seller, it means you may be competing with rental-oriented inventory rather than only lived-in homes. Read comparable listings carefully before pricing.
Nearby homes for sale
No active listings inside Watergrass TownsHomes for Sale in Wesley Chapel, FL 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
This is a compact, single-product community — townhomes at a median of roughly 1,642 square feet, all delivered within the last couple of years. What you gain in consistency and newness, you give up in variety.
Stellar MLS sales records identify 76 homes in Watergrass Towns that have changed hands since 2023, built between 2023 and 2024 (median 2024), with a median living area of about 1,566 sq ft and a typical 3-bedroom, 2.5-bath layout; 100% are townhomes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
County records show 11 qualified sales in Watergrass Towns across 2024–2025 (4 in 2024, 7 in 2025), median $320,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
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 Watergrass Towns is best for.
Best for
- Buyers who want a newly built, lock-and-leave townhome with minimal upkeep
- Investors evaluating a townhome purchase in an already rental-active community
- Buyers prioritizing efficient, right-sized square footage over expansive floor plans
Probably not for
- Buyers who need substantially more than roughly 1,642 square feet of living space
- Buyers wanting variety in home age, architecture, or lot size
- Buyers seeking a community with an established, long-owned resale history
The market around Watergrass Towns
Watergrass Towns is too small for its own price trend, so here is the market around it.
In ZIP 33545, 343 homes are on the market and 29% are under contract — a steady corner of Wesley Chapel.
Across Pasco County, 4,213 homes are active and 1,214 pending (22% under contract).
In ZIP 33545 (Wesley Chapel), 1,908 homes closed in the last 12 months at a median of $449K ($194/sq ft), down 3.1% year over year, with a median 47 days on market. Right now 235 active and 110 pending listings put supply at about 4.0 months — a balanced market. See the live ZIP 33545 housing market and the Pasco County market.
ZIP and county figures describe the wider market, not Watergrass Towns specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Watergrass Towns, Wesley Chapel
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period September 2026 through September 2026. Deemed reliable but not guaranteed.
The Watergrass Towns buying strategy.
If we were buying in Watergrass Towns 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 Watergrass Towns.
New construction, tight product mix
With 111 homes and a year-built range of just 2023 to 2024, Watergrass Towns behaves like a new-construction subdivision that is still finding its resale footing. The median living area near 1,642 square feet points to efficient, right-sized floor plans rather than sprawling layouts, so buyers looking for room to grow should measure carefully against their needs.
Because the housing stock is so uniform, small differences carry weight — end unit versus interior, upgraded finishes, lot placement, and any builder incentives still in play. Sellers here need to differentiate on condition and features, since vintage and square footage will look nearly identical across the comps.
The location and the amenities are priced into every listing in Watergrass Towns. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a small, new community where nearly 4 in 10 homes are not homesteaded, pricing accurately means separating owner-occupied resales from investor and rental inventory. We read the comps at that level of detail so buyers do not overpay for finish differences and sellers do not underprice a genuinely upgraded unit.
Watergrass Towns in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $236/month (about $2,832/yr) · median of 19 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $236 per month ($2,832 a year) — the median AssociationFee across 19 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.
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 Watergrass Towns 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 Watergrass Towns sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Watergrass Towns, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Watergrass Towns home worth?
Get a no-obligation home value based on real comparable sales in Watergrass Towns, 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 Wesley Chapel →
Frequently Asked Questions
How many homes are in Watergrass Towns?
What share of Watergrass Towns is owner-occupied?
When were the homes in Watergrass Towns built?
Who is the best real estate agent for Watergrass Towns?
How do I find a top Wesley Chapel real estate agent who knows Watergrass Towns?
Can Momentum Realty connect me with an agent for Watergrass Towns?
Where is Watergrass Towns, and what county is it in?
Should you buy in Watergrass Towns?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: October 1, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (4 streets, ZIP 33545)) |
| Under-contract shares | Stellar MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2023 (82 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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