$655,000 Active
10740 Cedar Rock Drive
Reno, NV 89521
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.0 Baths
·
1,955 Sq Ft
Virtual Tour

About This Property

Welcome to 10740 Cedar Rock in the highly desirable Damonte Ranch community. This meticulously maintained single story home offers 4 bedrooms, 2 bathrooms, 1,955 square feet of living space, and was built in 2011. Fresh interior paint, LVP, and carpet throughout gives the home a clean, updated feel, while the open floor plan provides spacious living areas, plenty of natural light, and a functional layout that's comfortable for everyday living and entertaining. The primary suite offers a private retreat, while the backyard features low maintenance landscaping so you can spend more time enjoying your home and less time maintaining it. The oversized 3 car tandem garage provides plenty of room for vehicles, storage, tools, or your outdoor toys. Located just minutes from parks, walking trails, shopping, restaurants, top rated schools, and easy freeway access, you'll enjoy everything South Reno has to offer. Whether you're looking for a place to call home or an investment property, this one checks a lot of boxes. Recent rental comps in the area suggest monthly rental potential of approximately 3,000 to 3,200, making it an attractive option for buyers looking to build long term wealth through real estate.

Listed by Jake Andronico — TrueNest Properties

Listing Details

Status Active
MLS # 260008194
Price/Sq Ft $335

Property History

Jun 26, 2026
Listed for sale
$655,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,955
Lot Size 0.15 acres
Stories 1
Year Built 2011
Property Type Single Family Residence
Subdivision Villages At Damonte Ranch 19A-2
STR Jurisdiction Washoe County
APN 140-661-08
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener, Tandem
Attached Garage Yes
Exterior & Lot
Exterior Features Fire Pit, Rain Gutters
Lot Features Sprinklers In Front
Construction Stucco
Roof Tile
Foundation Slab
Utilities & Systems
Heating Forced Air
Cooling Central Air
Financial
Annual Tax $5,179
HOA Fee $51 / Quarterly
HOA / Community Damonte Ranch Drainage
Schools
Elementary School JWood Raw
Middle School Depoali
High School Damonte
HOA & Community
Community Amenities None
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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% ($131,000)
Home price
$655,000
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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