$207,000 Active
1250 Freds Mountain
Reno, NV 89508
STR Status Unknown

About This Property

Amazing views from this 40+ acre parcel located just off Red Rock Rd in North Reno! Plenty of elbow room at this location with no HOA!! Currently there is a level building pad cleared but there are endless areas that would be easily accessible and perfect for a building site. Cable and phone run along Fred's Mountain Rd and there is very good wireless signal at this location. A percolation test has been done and docs are available! A very strong (88 GPM) water source has been identified on the property between 466-566' depth! www.jackcoelwaterdowsing.com has been out to the property to identify this water source. With a gentle downslope away from the road there are amazing unobstructed views facing West! Horses are welcome and bring all of the toys as you have BLM access and trails all around this parcel! Very easy access to this amazing property as it is about 2 miles off paved Red Rock Rd.

Listed by Howard Davis — Ferrari-Lund Real Estate South

Listing Details

Status Active
MLS # 250000944
Days on Market 470

Property History

Feb 05, 2026
Listed for sale
$207,000
Property Overview
Lot Size 40.83 acres
Property Type Land
APN 079-400-19
Exterior & Lot
Lot Features Adjoins BLM/BIA Land, Open Lot, Sloped Down, Corners Marked
View Desert, Mountain(s), Valley
Financial
Annual Tax $699
Schools
Elementary School Silver Lake
Middle School Cold Springs
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
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% ($41,400)
Home price
$207,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662
530.613.5207

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