$349,500 Active
261 Serpa Place
Fallon, NV 89406
STR Status Unknown
3 Beds
·
2.0 Baths
·
1,415 Sq Ft
Virtual Tour

About This Property

Welcome to 261 Serpia Pl, a beautifully maintained single story home in Fallon offering 1,415 square feet of comfortable living space. The interior boasts fresh paint throughout, brand new carpet in all three bedrooms, and durable new laminate flooring in the main living areas. This home features 3 bedrooms and 2 full bathrooms, including a spacious primary suite with dual sinks. Enjoy the convenience of an attached 2 car garage and a 0.14 acre lot with room to relax or entertain. Built in 1998, this move in ready home blends recent updates with everyday comfort. Schedule your private showing today.

Listed by William Mariani — NextHome Sierra Realty

Listing Details

Status Active
MLS # 260011594
Days on Market 5
Price/Sq Ft $247

Property History

Sep 08, 2026
Listed for sale
$349,500
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,415
Lot Size 0.14 acres
Stories 1
Year Built 1998
Property Type Single Family Residence
APN 001-041-45
Parking
Garage Spaces 2
Total Parking 2
Parking Features Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air
Cooling Central Air
Financial
Annual Tax $1,933
Schools
Elementary School Fallon/Other
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

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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% ($69,900)
Home price
$349,500
Loan details
30-yr fixed, 6.5%
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