$390,000
Active
900 Calkin Road
Fallon, NV 89406
STR Status Unknown
About This Property
Almost 12 acres of water righted property near the heart of Fallon, NV. Build your dream home and have plenty of room for farming, subdivide and develop or leave it in its current use. Property yields approximately 60 tons of hay each year and comes with 32.26-acre feet of surface water rights. Power is near the southeast corner of parcel. This price includes both parcels - 008-451-01 and 010-105-01 for a total of 11.97 acres. It is winter so field is brown, but will green up in the spring.
Listed by Kellie Flodman — Cardin Realty Pros
Listing Details
Status
Active
MLS #
260010716
Property History
Aug 19, 2026
Listed for sale
$390,000
Property Overview
Lot Size
11.97 acres
Property Type
Land
APN
010-105-01
Exterior & Lot
Lot Features
Level, Corners Marked
View
Mountain(s)
Financial
Annual Tax
$2,343
Schools
Elementary School
Fallon/Other
Middle School
Churchill
High School
Churchill
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% ($78,000)
Home price
$390,000
Loan details
30-yr fixed, 6.5%
