$135,000 Active
755 Joel Way
Fallon, NV 89406
STR Status Unknown

About This Property

Build your dream home on this beautiful one acre parcel! This desirable vacant lot offers the perfect blend of peaceful country living and convenient access to town, located less than ten minutes from shopping, dining, schools, and everyday amenities. The property features an existing well and has underground utilities easily accessible, making the building process even more convenient. Surrounded by attractive custom-built homes, this parcel provides an excellent setting for your future residence. Enjoy the space, privacy, and potential this acre has to offer while still being close to everything you need. Don't miss the opportunity to create the home you've always envisioned in a sought-after location.

Listed by Lauren Wilson — Rogne Realty, LTD.

Listing Details

Status Active
MLS # 260007471

Property History

Jun 11, 2026
Listed for sale
$135,000
Property Overview
Lot Size 1.00 acres
Property Type Land
APN 006-691-75
Exterior & Lot
Lot Features Level
View Desert, Mountain(s)
Financial
Annual Tax $417
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% ($27,000)
Home price
$135,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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