South Pasco is a Goldmine!!

South Pasco, where the most growth happened during the boom, is any area of much higher inventory than most places in the country. It’s got great roads, new schools, high-end new commercial development, and a GLUT of homes for sale. What’s better is that many of those homes are new!! And Pasco taxes are the lowest taxes anywhere near Tampa. Their taxes there are so low that the communities that charge CDD’s still only have a tax bill no higher than those in Hillsborough County. You can purchase a home there for 50% of what its value should be. In fact, the projection for this area is so good, that you can still get a 100% loan there. Why? Because of how steeply those values will increase over the next couple of years. I don’t foresee a big jump in average home values any time soon, but there are fewer homes on the market to choose from, and the homes in places like South Pasco will have more pronounced price increases. Most parts of South Pasco are within a 25 minute drive from Tampa International Airport, and beautiful, secluded-feeling communities are within 3 miles of restaurants, grocery stores, shops, malls, etc.