David Ramirez
Short-Term Rental Eligible
$609,9008 bd7 ba3,401 sqft$179 /sqft$5,453 /mo all-in ↓

481 LASSO DRIVE, KISSIMMEE, FL, 34747

Active17 days on marketListed Jul 17, 2026MLS #L4963587

Private poolSingle Family ResidenceREUNION WEST PH 1 WEST & AMENT CTR RPLT

About this home

481 LASSO DRIVE

Discover the ultimate vacation retreat at 481 Lasso Drive, an impressive 8-bedroom, 7-bathroom home located in the beautiful gated resort community of Encore at Reunion. This exceptional property is great option for both investors and those seeking a luxurious second home. Priced to sell significantly below its recent appraised value, this home presents an incredible opportunity to own one of the best values in Encore at Reunion. Designed for unforgettable stays, the home features a private pool and spa, along with a garage converted into an exciting game room, creating the perfect environment for entertaining guests and making lasting memories. With expansive living areas and accommodations for large groups, it's ideally suited as a high-performing short-term rental or an exceptional private vacation home. Located just minutes from Walt Disney World, Universal Orlando, premier shopping, championship golf courses, and outstanding dining, this home offers unmatched convenience. Owners and guests enjoy access to Encore at Reunion's world-class resort amenities, including a full-service clubhouse, water park with thrilling slides and splash zones, poolside cabanas, state-of-the-art fitness center, on-site dining, and complimentary transportation to the theme parks. Whether you're looking to expand your investment portfolio or own a spectacular vacation retreat, 481 Lasso Drive offers luxury, entertainment, and exceptional value in one of Central Florida's most sought-after resort communities.

Facts & features

The home at a glance

8

Bedrooms

7

Bathrooms

3,401

Sqft

0.1 ac

Lot size

2

Garage

2015

Year built

Two

Levels

$179

Per sqft

Private pool

Inside

FlooringCarpet · Ceramic Tile
AppliancesCooktop · Dishwasher · Disposal · Microwave · Range · Refrigerator · Washer
InteriorCeiling Fan(s)
LaundryLaundry Room
CoolingCentral Air
HeatingCentral

Outside & construction

RoofShingle
ConstructionStucco
FoundationConcrete Perimeter
FacesEast
ExteriorNone

Community & fees

HOA fee$777/mo
Taxes (2025)$11,959/yr
PetsNo

Utilities & systems

UtilitiesPrivate · Public
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.

$5,453 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$3,291
PMI (est., until 20% equity)$229
Property tax — 2025 actual bill$997
HOA fee — from the listing$777
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $60,990Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $60,990
Interest rate6.00%
Loan term

Estimated payment

$5,453/mo

Principal & interest$3,291
PMI (est., until 20% equity)$229
Property taxes (actual bill)$997
HOA / condo fee$777
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $610K
$564KedgeAI estimate $683,958 · range $587K$824K$857K

vs edgeAI estimate

−10.8%

$/sqft vs REUNION WEST PH 1 WEST & AMENT CTR RPLT

$179 vs $205

Days on market

17 vs 51 typical

Where $179/sqft sits among the 11 homes for sale in REUNION WEST PH 1 WEST & AMENT CTR RPLT

4 · this home
2
4
0
0
1
$179–198$198–218$218–237$237–256$256–275$275+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

The investor lens

Two ways this home pays

This home sits inside The Encore Club At Reunion, a community zoned to allow true short-term rentals — so it can earn as a nightly rental or a traditional lease. Here’s how the two paths compare.

Short-term rental

Zoned & eligible

Nightly rentalsAllowed
CommunityThe Encore Club At Reunion
Fine-tuned for this homePrepared free by our team
Get the free rental analysis

Projected nightly rate, occupancy and annual revenue for this exact home.

Long-term rental

$2,100/mo median

MarketKissimmee
Annual gross at median$25,200
Gross yield on this price4.1%
Homes for rent right now953

Live Kissimmee rental listing data — this home’s rate depends on size, condition and furnishing.

Where it sits

Inside The Encore Club At Reunion

Map of 481 LASSO DRIVE inside its neighborhood boundary

Drive times from this address

Walt Disney World12 min
Universal Orlando23 min
Downtown Orlando29 min
Orlando Int’l Airport (MCO)34 min
Downtown Tampa63 min
Tampa Int’l Airport (TPA)75 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

The Encore Club At Reunion is a short-term-rental community. See the full guide →

The Encore Club At Reunion — neighborhood snapshot

Population

197

Median age

33

Median income

$52,153

Median home value

$94,465

Avg household

2

Households w/ children

30%

For the school run

Osceola County School District

HighCelebration High School★★★★★
ElementaryWestside K-8 School★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Kissimmee market

Seller’s marketLeans buyer7.2 months of inventoryBuyer’s market

$365K$355K

Kissimmee median sold, yr/yr

97.3%

Sale-to-list ratio (12 mo)

3 of 11

REUNION WEST PH 1 WEST & AMENT CTR RPLT have cut their price

Median sold price, Kissimmee, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 53% above the KISSIMMEE 34747 median. See the full Kissimmee market guide →

Paper trail

This home's history

Jul 17, 2026Listed at $609,900 · 17 days on market since
2015Built · REUNION WEST PH 1 WEST & AMENT CTR RPLT

Reality check

What actually sold near 481 LASSO DRIVE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

501 LASSO DRIVESold · Nov ’25

$541,000

501 LASSO DRIVE · same community

8 bd · 7 ba · 3,401 sqft · $159/sqft · 279 DOM

450 LASSO DRIVESold · Mar ’26

$590,000

450 LASSO DRIVE · same community

8 bd · 7 ba · 3,401 sqft · $173/sqft · 3 DOM

7621 WILMINGTON LOOPSold · Oct ’25

$580,000

7621 WILMINGTON LOOP · same community

8 bd · 7 ba · 3,401 sqft · $171/sqft · 12 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 481 LASSO DRIVE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 481 LASSO DRIVE — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

Goes straight to David’s phone and CRM.

Straight answers

481 LASSO DRIVE FAQs

What would the monthly payment be for 481 LASSO DRIVE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,453/mo — principal and interest, the actual property-tax bill, the $777/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

How much are the HOA fees at 481 LASSO DRIVE?+

The association fee works out to $777 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 481 LASSO DRIVE?+

The most recent tax bill on record (2025) was $11,959. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Can 481 LASSO DRIVE be rented short-term?+

Yes — this home sits inside The Encore Club At Reunion, a community zoned to allow short-term rentals. Nightly-rental income could change the math on this purchase entirely; request a free rental income analysis and our team will prepare projections for this exact home.

Are pets allowed at 481 LASSO DRIVE?+

The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Kissimmee?+

At $609,900, this home is listed about 61% above the Kissimmee median of $379,000. The market section on this page shows how the area is trending.

Which schools are assigned to 481 LASSO DRIVE?+

Celebration High School (high), Westside K-8 School (elementary) — Osceola County School District. Always verify school assignments with the district before relying on them.

The brief

Four things that matter here

01Positioned at the premium end

$609,900 runs 53% above the KISSIMMEE 34747 median — but at 3,401 sqft it's also nearly twice the size of the typical Kissimmee listing.

02Zoned for nightly rentals

The Encore Club At Reunion is one of the communities zoned to allow true short-term rentals — nightly income could change the math on this purchase entirely. Ask for the free rental analysis below.

03Your own pool

A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.

04Know the monthly fee

The association fee is $777/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.

Listing courtesy of LPT REALTY, LLC · Ron Cardenas. MLS #L4963587.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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