$540,000 Active
11577 Deodar Way
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,232 Sq Ft

About This Property

Charming country property offering the perfect blend of space, comfort, and rural living on 1.05 usable acres! This 3 bedroom, 2 bath home features a spacious open living area with updated flooring, a cozy wood stove centerpiece, and plenty of natural light throughout. The kitchen offers ample cabinetry and workspace, making it ideal for everyday living and entertaining. Outside, enjoy room to spread out with mature trees, open space, and endless possibilities for animals, toys, gardening, or future improvements. Horse lovers will appreciate the barn and fenced areas already in place, creating an excellent setup for equestrian use or hobby farming. The property also includes multiple outbuildings, abundant parking, and easy access for trailers, RVs, and equipment. Relax under the shade trees, take in the mountain views, and enjoy the peaceful small-town atmosphere while still being conveniently located near town amenities. Whether you are looking for a horse property, investment opportunity, or simply extra space to enjoy country living, this property offers incredible potential and flexibility.

Listed by Brandon Goles — RE/MAX Professionals-Reno

Listing Details

Status Active
MLS # 260006442
Price/Sq Ft $438

Property History

May 21, 2026
Listed for sale
$540,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,232
Lot Size 1.05 acres
Stories 1
Year Built 1963
Property Type Single Family Residence
Subdivision Streeter 1
APN 080-372-12
Parking
Total Parking 4
Parking Features Additional Parking, RV Access/Parking
Exterior & Lot
Exterior Features None
Lot Features Corner Lot, Level
View Mountain(s)
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Oil, Pellet Stove
Cooling Evaporative Cooling, Wall/Window Unit(s)
Financial
Annual Tax $910
Schools
Elementary School Lemmon Valley
Middle School OBrien
High School North Valleys
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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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($108,000)
Home price
$540,000
Loan details
30-yr fixed, 6.5%
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