$415,000 Active
388 Nola Street
Fallon, NV 89406
STR Status Unknown
3 Beds
·
2.0 Baths
·
1,571 Sq Ft

About This Property

Welcome to 388 Nola St in Fallon, Nevada - a property full of opportunity, comfort, and small-town charm. Conveniently located in a quiet residential area, this home offers the space and setting buyers are looking for, with easy access to local schools, shopping, dining, and everyday amenities. Step inside to find a home with inviting living spaces, natural light, and a layout designed for practical everyday living. Whether you're a first-time buyer, looking to downsize, or searching for an investment opportunity, this property offers strong potential and a great Fallon location. Outside, the property provides room to enjoy Nevada's open skies, with space for relaxing, entertaining, gardening, or simply enjoying the peaceful neighborhood setting. With its approachable location and livable layout, 388 Nola St is a place you can easily imagine calling home. Don't miss your chance to own a home in the heart of Fallon. Schedule your showing today.

Listed by Kate Marsh — NVG Properties LLC

Listing Details

Status Active
MLS # 260009811
Price/Sq Ft $264

Property History

Jul 30, 2026
Listed for sale
$415,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,571
Lot Size 0.17 acres
Stories 1
Year Built 1998
Property Type Single Family Residence
Subdivision Fields Landing #2A
APN 001-791-51
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Dog Run
Lot Features Corner Lot, Level, Sprinklers In Rear
View Mountain(s), Trees/Woods
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air
Cooling Central Air
Financial
Annual Tax $2,643
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 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% ($83,000)
Home price
$415,000
Loan details
30-yr fixed, 6.5%
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