$21,000 Active
261 Gillman Springs Drive
Austin, NV 89310
STR Status Unknown

About This Property

Can you imagine having your own little piece of Heaven? Far from city life, but reasonably close to needed services and stores (Hadley is 43 miles away, Austin is 27 miles away, Round Mountain is 40 miles away). Situated at the base of the Toiyabe Mountains, the views are spectacular. Hot Springs, Kingston Canyon, mule deer, wildlife, ATV life. This place is a dream., Adjacent acreage 255 Gillman Springs Drive (APN-00402104, also listed) is available. Buyer is also responsible for his/her/their own due diligence to determine allowed uses, etc. Only the back of lot is fenced. Seller will entertain all offers that are in writing. Seller is a builder/designer who has plans tailor made for this property, available by separate agreement.

Listed by Kat Wilson — Atlas Red Realty

Listing Details

Status Active
MLS # 240010442
Days on Market 660

Property History

Aug 14, 2024
Listed for sale
$21,000
Property Overview
Lot Size 1.62 acres
Property Type Land
APN 004-021-03
Exterior & Lot
Lot Features Level, Corners Marked, Desert
View Desert, Mountain(s), Trees/Woods, Valley
Financial
Annual Tax $30
HOA Fee $80 / Annually
Schools
Elementary School Austin Combined
Middle School Austin Combined
High School Austin Combined
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($4,200)
Home price
$21,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662
530.613.5207

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