$750,000 $1,800,000 ↓ $1,050,000 reduced Active

1755 Coleman

Fallon, NV 89406

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STR Status Unknown

2 Beds

1.0 Baths

1,296 Sq Ft

Our data on this home

Home insurance $1,900 – $2,700/yr Standard homeowners policy

About This Property

This Ranch/ Farm property is ready for your new adventure. There are water rights on this property I will include that information. More photos coming to this listing of the inside and land round the house has had a New roof installed, the house has been painted inside and will have the plumbing and flooring installed prior to close of escrow. The exterior property has been cleaned up, trees removed, trimmed and property cleared and hauled away at the expense of the owner and can continue prior to close of escrow. More information upon request

Listed by Leslie Beach — RE/MAX Connection

Listing Details

Status Active

MLS # 240015389

Days on Market 675

Price/Sq Ft $579

Property History

Dec 16, 2024

Listed for sale

$1,800,000

Sep 28, 2026

Price reduced

$750,000 $1,400,000 ↓ $650,000

Property Overview

Beds 2

Baths 1.0

Sq. Ft. 1,296

Lot Size 16.50 acres

Stories 1

Year Built 1957

Property Type FarmAndRanch

APN 008-301-04

Parking

Garage Spaces 1

Parking Features Garage

Attached Garage Yes

Exterior & Lot

Lot Features Sloped Down, Sloped Up

Construction Frame, Stucco

Roof Composition, Pitched, Shingle

Foundation Crawl Space

Utilities & Systems

Heating Electric, Forced Air

Cooling Electric

Financial

Annual Tax $1,578

Schools

Elementary School Lahontan

Middle School Churchill

High School Churchill

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STR Investment Analysis

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

STR Investment Analysis

STR analysis

STRUCTURAL SCORE —

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PROJECTED GROSS ANNUAL REVENUE

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~— per month

Avg Nightly

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Occupancy

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Cap Rate

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STR Investment Analysis

STRUCTURAL SCORE

PROJECTED GROSS ANNUAL REVENUE

Avg Nightly

Occupancy

Cap Rate

Est. NOI Net Operating Income = annual gross rental revenue minus operating expenses (cleaning, property management, taxes, insurance, HOA, utilities, maintenance, supplies) — but before mortgage payments.

We estimate it as NOI = Projected Annual Revenue × 40%, assuming ~60% of gross goes to operating expenses on a typical Tahoe STR.

NOI feeds the cap rate below: Cap Rate = NOI ÷ List Price.

MONTHLY REVENUE

AVERAGE DAILY RATE

ADJUSTED OCCUPANCY

Estimates based on 2024-2025 comparable rental performance. Actual results vary.

Home Insurance Estimate

Standard homeowners policy for this home

$1,900 – $2,700/yr

about $192/mo

Est. Rebuild Cost (Coverage A)

$544,320

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings

via bonus depreciation

Land Value

Improvement Basis

5-Year Property (18%)

15-Year Property (10%)

Tax Bracket:

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

$4,116 per month

Principal & interest

$3,792/mo

Property taxes

$132/mo

The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.

HOA dues

$0/mo

From MLS listing data.

Home insurance

$192/mo

Estimated ~$1,900–$2,700/yr — get a local broker quote for accuracy.

Down payment

20% ($150,000)

Home price

$750,000

Loan details

30-yr fixed, 6.5%

Start Time

End Time

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