$65,000 Active
1 W Flanigan Estates 1st. Avenue #2, 4, 6, 7, & 8.
Reno, NV 89510
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

Nice Level 211 Acre Large Parcel to Develop a Residence / Work Space / Storage / Work Area, near Herlong Army Depot. Close to US Hwy. 395 North & Pyramid Lake for Recreation, Boating Fishing, or Hunting. Estate Sale, Very Affordable, Make Offer.!

Listed by Edward Lord — eXp Realty

Listing Details

Status Active
MLS # 260008386

Property History

Jul 01, 2026
Listed for sale
$65,000
Property Overview
Lot Size 211.15 acres
Property Type Land
Subdivision Litch Addition
STR Jurisdiction Washoe County
APN 074-132-16
Exterior & Lot
Lot Features Level, Open Lot, Cleared, Rail Spur
View Desert, Mountain(s), Rural
Financial
Annual Tax $196
Schools
Elementary School Gerlach K-12
Middle School Gerlach K-12
High School Gerlach K-12
📊

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% ($13,000)
Home price
$65,000
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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