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

Community in Wesley Chapel · Pasco County · ZIP 33545
111 homesBuilt 2023–2024
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Photo via Stellar MLS

Built fromLive Stellar MLS data3 years of closingsFL DOR public recordsUpdated twice daily

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).

Watergrass Towns key facts
LocationWesley Chapel, Pasco County, FL · ZIP 33545
Homes in the community111 (FL DOR 2025 assessment roll)
Years built2023–2024 (median 2024.0)
Typical living area1,642 sq ft (median)
Amenities listed by sellersCommunity Mailbox, Pool
For sale right now0 active, 0 pending
Owner-occupied (homestead) share38%

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.

Live · Watergrass Towns Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
0 · 0
For sale · pending
live counts, refreshed twice daily
1
Sold · last 12 mo
10-yr average: about 21 a year
Ownership and context
38%
Owner-occupied · Watergrass Towns
43 of 112 parcels homesteaded (FL DOR 2025)
62%
Non-owner-occupied · Watergrass Towns
incl. 12% trust or LLC-held · 4% out-of-state
111
Homes in the community
plus 1 vacant residential lots · 112 residential parcels (FL DOR 2025)
Track record · 3 years of records
11
Recorded sales · 2024-2025
median $320K · qualified sales on the county roll (FL DOR 2025)
Est. 2023
Community established
homes built 2023-2024, median 2024 (FL DOR 2025)
0.9%/yr
Turnover rate
about 1 of 111 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

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.

32393 WELLING BLADE LOOP
$310K · 0.4 mi away
3 bd · 2.5 ba · 1,673 sqft
32393 WELLING BLADE LOOP
Listed by D R HORTON REALTY OF TAMPA LLC
32397 WELLING BLADE LOOP
$290K · 0.4 mi away
3 bd · 2.5 ba · 1,673 sqft
32397 WELLING BLADE LOOP
Listed by D R HORTON REALTY OF TAMPA LLC
32401 WELLING BLADE LOOP
$285K · 0.4 mi away
3 bd · 2.5 ba · 1,673 sqft
32401 WELLING BLADE LOOP
Listed by D R HORTON REALTY OF TAMPA LLC
32405 WELLING BLADE LOOP
$313K · 0.4 mi away
3 bd · 2.5 ba · 1,673 sqft
32405 WELLING BLADE LOOP
Listed by D R HORTON REALTY OF TAMPA LLC
32983 WINDELSTRAW DRIVE
$337K · 0.4 mi away
3 bd · 2 ba · 1,557 sqft
32983 WINDELSTRAW DRIVE
Listed by EXP REALTY LLC
5707 MAYDALE AVENUE
$695K · 0.4 mi away
5 bd · 4 ba · 3,531 sqft
5707 MAYDALE AVENUE
Listed by KELLER WILLIAMS TAMPA PROP.

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.

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.

Active inventory in distress
0.0%
0 of 1 listings
Distress share trend — 0.0% now (2026-09-14 → 2026-09-19)

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.

If we were buying in Watergrass Towns 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 Watergrass Towns.

Best Buy
Buyers who want a low-maintenance, move-in-ready townhome without renovation work.
Biggest Risk
A high non-homestead share means more rental-oriented and investor competition than a typical resale street.
Sweet Spot
A well-kept unit with upgraded finishes or a favorable lot position, priced against true owner-occupied comps.
Avoid If
You need larger square footage or a range of home styles and vintages to choose from.

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.

Jon Brooks · Founder, Momentum Realty

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.

Best forBuyers who want a low-maintenance, move-in-ready townhome without renovation work.
Biggest advantageEverything is new and consistent, so there are few surprises in construction age or layout.
Biggest riskA high non-homestead share means more rental-oriented and investor competition than a typical resale street.
Sweet spotA well-kept unit with upgraded finishes or a favorable lot position, priced against true owner-occupied comps.
Avoid ifYou need larger square footage or a range of home styles and vintages to choose from.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Watergrass Towns homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Watergrass Towns.
In short
  • 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.

The takeaway

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.

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 →

Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Watergrass Towns?
The Florida DOR 2025 assessment roll shows 111 homes plus 1 vacant residential lots in Watergrass Towns (public records).
What share of Watergrass Towns is owner-occupied?
38% of Watergrass Towns parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Watergrass Towns built?
Homes in Watergrass Towns were built between 2023 and 2024, with a median year built of 2024.0 (FL DOR 2025 roll).
Who is the best real estate agent for Watergrass Towns?
The best agent for Watergrass Towns is one who actively works Wesley Chapel 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 Watergrass Towns.
How do I find a top Wesley Chapel real estate agent who knows Watergrass Towns?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Watergrass Towns and the wider Wesley Chapel area.
Can Momentum Realty connect me with an agent for Watergrass Towns?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Watergrass Towns purchase or sale - no call center and no pressure.
Where is Watergrass Towns, and what county is it in?
Watergrass Towns is in Wesley Chapel, Pasco County, FL, ZIP 33545. The community's center is about 7 miles southeast of the center of Wesley Chapel (straight-line).
Buyers who want a newly built, lock-and-leave townhome with minimal upkeepExcellent fit
Investors evaluating a townhome purchase in an already rental-active communityExcellent fit
Buyers prioritizing efficient, right-sized square footage over expansive floor plansExcellent fit
Buyers who need substantially more than roughly 1,642 square feet of living spaceProbably not
Buyers wanting variety in home age, architecture, or lot sizeProbably not
Buyers seeking a community with an established, long-owned resale historyProbably not

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: October 1, 2026)
Housing stock & ownershipFlorida DOR assessment roll (street-list match (4 streets, ZIP 33545))
Under-contract sharesStellar MLS records, as of 2026-09-20
Historical depthClosed-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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Thinking of selling in Watergrass Towns? 1 recorded closings (window ending 2026-09-20). 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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