$599,900
Active
550 Wade Lane
Fallon, NV 89406
STR Status Unknown
3
Beds
·
2.0
Baths
·
1,688
Sq Ft
About This Property
Hard to find horse property available in Fallon, Nevada, just under 16 acres with water rights and a 1688 square foot remodeled home that has 3 bedrooms, 2 baths and features a new kitchen, flooring, bathrooms and paint. Property has a nice wood barn, mature trees and is fenced. Owner is a licensed Nevada Realtor.
Listed by Cari Norcutt — Berney Realty, LTD
Listing Details
Status
Active
MLS #
260004599
Days on Market
21
Price/Sq Ft
$355
Property History
Apr 16, 2026
Listed for sale
$599,900
Property Overview
Beds
3
Baths
2.0
Sq. Ft.
1,688
Lot Size
15.90 acres
Stories
1
Year Built
1971
Property Type
Single Family Residence
APN
007-431-11
Parking
Garage Spaces
2
Total Parking
2
Parking Features
Garage
Attached Garage
Yes
Exterior & Lot
Exterior Features
None
Lot Features
Level, Rolling Slope
View
Mountain(s)
Construction
Stone
Roof
Composition
Foundation
Crawl Space
Utilities & Systems
Heating
Baseboard
Financial
Annual Tax
$3,745
Schools
Elementary School
Fallon/Other
Middle School
Churchill
High School
Churchill
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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($119,980)
Home price
$599,900
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: (530) 317-0373
