Active
$249,000
Est. $1,787/mo

5240 School Rd, New Port Richey, FL, 34653

$159/sqft·Tanglewood Terrace

3 bd2 ba1,562 sqft1 car garageSingle Family
Listed by LPT REALTY, LLC· Last updated · MLS# TB8519986

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Est. monthly payment
$1,787/mo
Down payment (20%)
$49,800
Property taxes
$363/mo
Rate assumed
6.8% · 30 yr
View full breakdown

At a glance

Single family
Built 1972
Private pool
Above Ground
1 car garage
5,950 sqft lot
Lot size
1,562 sqft
Living area

About this home

Ceiling Fans(s)Eat-in KitchenKitchen/Family Room ComboLightingElectric Water HeaterMicrowaveRangeRefrigerator

5240 School Rd is a 1972-built home in Tanglewood Terrace, New Port Richey. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,562 square feet of living space. Listed at $249,000 (about $159/sqft), 85 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

MOTIVATED SELLER!! Welcome home to this beautifully updated 3-bedroom, 2-bath residence offering comfort, functionality, and an unbeatable location. Featuring a spacious layout with a family room, one-car garage, updated kitchen with granite countertops and stainless steel appliances, newer windows, newer roof and A/C, vinyl fencing, and an 18-foot above-ground pool perfect for enjoying Florida living. Additional upgrades include storm door entry, motion lighting, and numerous thoughtful improvements throughout. Conveniently located just minutes from the vibrant and rapidly growing downtown New Port Richey district, where you’ll enjoy an exciting mix of waterfront parks, local cafés, restaurants, breweries, entertainment, community events, and more. With no flood insurance required and close proximity to schools, shopping, and everyday conveniences, this move-in-ready home is one you won’t want to miss.

The essentials

Built
1972
Price / sqft
$159
On market
87 days
Annual tax
$4,356
Flood zone
X · Low risk
Lot
5,950 sqft
Type
Single Family Residence

Location

5240 School Rd
New Port Richey, FL, 34653·34653 - New Port Richey
Type
Single Family Residence
Year Built
1972
Lot
5,950 sqft
Cooling
Central Air
Heating
Central
Parking
-
Pool
Above Ground
Days on Market
87
Ceiling Fans(s)
Eat-in Kitchen
Kitchen/Family Room Combo
Lighting
Electric Water Heater
Microwave
Range
Refrigerator
Homestead exemption on fileFlood Zone X

Annual Tax (2025)

$4,356

Parcel #

16-26-09-019A-00000-1040

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Tanglewood Terrace

County

Pasco

MLS Area

34653 - New Port Richey

Lot Size

5,950 sqft

Date
Event
Price
9/9/2026
Price change
Source: Stellar MLS #TB8519986
$249,000-3.9%
$159/sqft
—
Price change
Source: Stellar MLS #TB8519986
$259,000-5.6%
$166/sqft
6/16/2026
Listed for sale
Source: Stellar MLS #TB8519986
$274,500+40.8%
$176/sqft
4/6/2021
Sold
Source: Pasco County Public Record
$195,000
$125/sqft
Est. monthly payment$1,786/mo
Principal & interest$1,299
Property taxes$363
Insurance$125
Down payment20% · $49,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $249,000
$249,000
99.5% – 100% of listTops out right at the list price
80% of listList price
82 of the last 149 home closings in 34653 landed at this number or higher (55%). The median one sat 23 days before it went under contract, and this one is on day 87 after a $25,500 cut.

Sample: 149 closed home sales in 34653 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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