$899,000
Active
604 Serpa
Fallon, NV 89406
STR Status Unknown
About This Property
13.24 Acres of prime land with water rights!! Ideal for farming or subdivision development. An incredible opportunity awaits with this 13.24 acre parcel of raw land, offering valuable water rights and a rich agricultural history. Previously used for alfalfa production, this flat and fertile land is perfect for farming, ranching or residential development. Close proximity to roads and a power access with endless possibilities. whether you're an investor looking to subdivide or someone seeking peaceful acreage to call your own, this property offers the best of both worlds - solitude and accessibility. Don't miss this rare find!
Listed by Shannon Anderson — Berney Realty, LTD
Listing Details
Status
Active
MLS #
250054373
Days on Market
298
Property History
Aug 11, 2025
Listed for sale
$899,000
Property Overview
Lot Size
13.24 acres
Property Type
Land
APN
001-081-02
Financial
Annual Tax
$869
Schools
Elementary School
Numa
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
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% ($179,800)
Home price
$899,000
Loan details
30-yr fixed, 6.5%
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Or call directly: 530.613.5207
