$430,000
Active
157 Walnut Drive
Fernley, NV 89408
STR Status Unknown
3
Beds
·
2.0
Baths
·
1,608
Sq Ft
About This Property
Welcome to 157 Walnut in Fernley! Built in 2019, this 3 bedroom, 2 bath home sits on a large corner lot with convenient RV access and a low-maintenance xeriscaped backyard. The spacious outdoor area offers plenty of flexiblity for entertaining, additional parking, or enjoying the Nevada sunshine without the upkeep of a traditional lawn. Don't miss this move-in-ready home with the extra space and practical features you've been looking for!
Listed by Miranda Vaulet — RE/MAX Professionals-Reno
Listing Details
Status
Active
MLS #
260010540
Price/Sq Ft
$267
Property History
Aug 14, 2026
Listed for sale
$430,000
Property Overview
Beds
3
Baths
2.0
Sq. Ft.
1,608
Lot Size
0.16 acres
Stories
1
Year Built
2019
Property Type
Single Family Residence
APN
022-462-08
Parking
Garage Spaces
2
Total Parking
2
Parking Features
Attached, Garage, Garage Door Opener, Parking Pad, RV Access/Parking
Attached Garage
Yes
Exterior & Lot
Exterior Features
Fire Pit
Lot Features
Artificial Turf, Corner Lot, Level
Construction
Stucco
Roof
Composition
Foundation
Slab
Utilities & Systems
Heating
Forced Air, Natural Gas
Cooling
Central Air
Financial
Annual Tax
$4,733
Schools
Elementary School
Fernley
Middle School
Fernley
High School
Fernley
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% ($86,000)
Home price
$430,000
Loan details
30-yr fixed, 6.5%
