Owner-Occupied vs Investor Neighborhoods in Pasco County
Who owns a neighborhood tells you how it will behave: homesteaded blocks turn over slowly and vote for the HOA budget; investor-heavy ones rent, flip and swing with the market. Florida publishes the answer parcel by parcel on the county property appraiser’s roll, and this page rolls it up for every Pasco County community we track — the homestead share (owner-occupancy), the estimated non-owner-occupied share, out-of-state owners and LLC/trust ownership.
Across 1289 Pasco County communities and 234,654 residential parcels on the 2025 Florida DOR roll, 63% of homes are homesteaded — the owner-occupancy proxy — and 37% are not; 10% are owned from out of state and 13% are held by an LLC, corporation or trust. Lakes/Sable Ridge is the most owner-occupied community in the county at 100%; Two Rivers the most investor-held at 0% homesteaded.
Most owner-occupied communities in Pasco County
| Community | City | Homesteaded | Non-owner-occupied | Parcels | Built (median) |
|---|---|---|---|---|---|
| Lakes/Sable Ridge | Land O Lakes | 100% | 0% | 39 | 2000 |
| Champions Club, The Siena | Trinity | 97% | 3% | 34 | 2006 |
| Riverchase South | New Port Richey | 97% | 3% | 34 | 1985 |
| Siena At Champions Club | Trinity | 97% | 3% | 34 | 2006 |
| Meadowood | New Port Richey | 97% | 3% | 31 | 1980 |
| Zephyr Place | Zephyrhills | 97% | 3% | 30 | 2022 |
| Oaks West | Land O Lakes | 97% | 3% | 59 | 1990 |
| Preservation/Pasco County | Lutz | 96% | 4% | 52 | 2020 |
| sugar creek | Hudson | 96% | 4% | 49 | 1980 |
| Virgil J Grimes | San Antonio | 96% | 4% | 47 | 2002 |
| Seven Oaks Pcls S-13A&S-13B | Wesley Chapel | 95% | 5% | 41 | 2004 |
| Del Webb Bexley- Active Adult | Land O Lakes | 95% | 5% | 40 | 2021 |
| Lakes At Sable Ridge | Land O Lakes | 95% | 5% | 78 | 2001 |
| Watergrass | Wesley Chapel | 94% | 6% | 36 | 2020 |
| Preservation Of Pasco County | Lutz | 94% | 6% | 36 | 2020 |
| Hyland Farms | Dade City | 94% | 6% | 34 | 1998 |
| Oak Hollow | Hudson | 94% | 6% | 31 | 1987 |
| Wyndtree | New Port Richey | 93% | 7% | 61 | 1995 |
| Villages/Fox Hollow West | Trinity | 93% | 7% | 76 | 1996 |
| Lake Takia | Land O Lakes | 93% | 7% | 45 | 2005 |
| Lake Thomas Pointe | Land O Lakes | 93% | 7% | 45 | 2011 |
| Gracewood At River Ridge | New Port Richey | 93% | 7% | 59 | 1993 |
| Asturia Asturia | Odessa | 93% | 7% | 117 | 2019 |
| Chapel Creek | Zephyrhills | 93% | 7% | 87 | 2020 |
| Mitchell Ranch South | New Port Richey | 93% | 7% | 56 | 2020 |
Most investor-held communities
Lowest homestead share — rentals, second homes and flips concentrate here.
| Community | City | Homesteaded | Non-owner-occupied | LLC / trust | Parcels |
|---|---|---|---|---|---|
| Two Rivers | Zephyrhills | 0% | 100% | 12% | 89 |
| New Port Corners Phs 1A-1 & 1A | New Port Richey | 0% | 100% | 14% | 37 |
| Valencia Ridge | Wesley Chapel | 0% | 100% | 2% | 280 |
| Del Webb River Reserve | Spring Hill | 0% | 100% | 100% | 154 |
| New Port Corners Villas | New Port Richey | 0% | 100% | 14% | 56 |
| Del Webb River Reserve New Port Richey | Spring Hill | 0% | 100% | 100% | 105 |
| timbergrove | Lutz | 0% | 100% | 84% | 141 |
| New Port Corners | New Port Richey | 0% | 100% | 6% | 134 |
| Shortgrass At Two Rivers | Zephyrhills | 0% | 100% | 92% | 294 |
| Vidas Way Legacy | Wesley Chapel | 0% | 100% | 89% | 64 |
| Two Rivers Pcl B3 | Wesley Chapel | 0% | 100% | 83% | 95 |
| Wyndfields Phases 2A1 And 2A2 | Wesley Chapel | 0% | 100% | 100% | 39 |
| West Hill Estates | Dade City | 0% | 100% | 90% | 40 |
| Angeline Phases 4C And 4E | Land O Lakes | 0% | 100% | 2% | 44 |
| Timbergrove Townhomes | Lutz | 0% | 100% | 83% | 104 |
| Archer At Two Rivers | Zephyrhills | 0% | 100% | 100% | 59 |
| pendleton at chapel crossings | Wesley Chapel | 0% | 100% | 55% | 113 |
| New Port Corners Aa | New Port Richey | 0% | 100% | 16% | 154 |
| New Port Corners - Active Adult | New Port Richey | 0% | 100% | 14% | 57 |
| Palm Wind | Hudson | 0% | 100% | 55% | 172 |
| 2 rivers pcl c1a | Zephyrhills | 0% | 100% | 100% | 171 |
| Emerald Fields | Hudson | 0% | 100% | 87% | 61 |
| New Port Corner | New Port Richey | 0% | 100% | 24% | 66 |
| the preserve at legends pointe | Hudson | 0% | 100% | 100% | 85 |
| Townes At Arbors At Wiregrass | Wesley Chapel | 0% | 100% | 74% | 43 |
Most out-of-state owners
| Community | City | Out-of-state | Homesteaded | Parcels |
|---|---|---|---|---|
| Angeline Phases 4C And 4E | Land O Lakes | 98% | 0% | 44 |
| New Port Corners | New Port Richey | 93% | 0% | 134 |
| Emerald Fields | Hudson | 88% | 0% | 61 |
| Two Rivers | Zephyrhills | 88% | 0% | 89 |
| Two Rivers East | Zephyrhills | 88% | 0% | 89 |
| Wyndfields Phases 2A1 And 2A2 | Wesley Chapel | 87% | 0% | 39 |
| New Port Corners Phs 1A-1 & 1A | New Port Richey | 86% | 0% | 37 |
| New Port Corners Villas | New Port Richey | 86% | 0% | 56 |
| New Port Corners Phases 1B-1 Active Adult | New Port Richey | 86% | 0% | 56 |
| New Port Corners - Active Adult | New Port Richey | 84% | 0% | 57 |
| Wood Creeck | Wesley Chapel | 84% | 0% | 79 |
| Townes/Green | Zephyrhills | 77% | 9% | 44 |
| Townes On The Green | Zephyrhills | 77% | 9% | 44 |
| New Port Corners Aa | New Port Richey | 75% | 0% | 154 |
| New Port Corner | New Port Richey | 68% | 0% | 66 |
Highest LLC, corporate or trust ownership
| Community | City | LLC / trust | Homesteaded | Parcels |
|---|---|---|---|---|
| Del Webb River Reserve | Spring Hill | 100% | 0% | 154 |
| Del Webb River Reserve New Port Richey | Spring Hill | 100% | 0% | 105 |
| Wyndfields Phases 2A1 And 2A2 | Wesley Chapel | 100% | 0% | 39 |
| Archer At Two Rivers | Zephyrhills | 100% | 0% | 59 |
| 2 rivers pcl c1a | Zephyrhills | 100% | 0% | 171 |
| the preserve at legends pointe | Hudson | 100% | 0% | 85 |
| Wood Creeck | Wesley Chapel | 100% | 0% | 79 |
| Highland Trails | Dade City | 99% | 0% | 172 |
| Shortgrass At Two Rivers | Zephyrhills | 92% | 0% | 294 |
| West Hill Estates | Dade City | 90% | 0% | 40 |
| Wyndfields | Wesley Chapel | 90% | 3% | 305 |
| Vidas Way Legacy | Wesley Chapel | 89% | 0% | 64 |
| Wiregrass At Esplanade | Wesley Chapel | 88% | 0% | 108 |
| Emerald Fields | Hudson | 87% | 0% | 61 |
| Hill Country Estates | Dade City | 86% | 0% | 43 |
How to read this
Homestead exemption is claimed by owners who live in the home as their primary residence, so the homestead share is a close proxy for owner-occupancy; the non-owner-occupied estimate is its complement adjusted for parcels that cannot claim it. Out-of-state and LLC/trust shares come from the owner mailing address and owner name on the roll. Communities are matched to parcels by subdivision and street; figures are for the parcels matched (n shown), not necessarily every home. Source: Florida Department of Revenue NAL assessment roll, 2025, compiled by Momentum Research, October 2026. Back to homes for sale in Pasco County.
