$430,000
Active
1695 Severn Drive
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3
Beds
·
1.0
Baths
·
1,202
Sq Ft
About This Property
Located in a desirable Reno neighborhood, this 1,275 sq. ft. property offers 3 bedrooms and 1 bathroom in a well-maintained single-story layout. The interior features tasteful remodeling and remains in good condition, ready for a personal touch. Residents can stay comfortable year-round with the reliable central HVAC system. Outside, the site includes an attached garage and a backyard with a mix of pavement and a sturdy retaining wall. The outdoor space serves as a blank canvas for gardening or customized landscaping projects. This is a wonderful opportunity for a move-in-ready space.
Listed by Jared English — Congress Realty, INC.
Listing Details
Status
Active
MLS #
260000729
Days on Market
106
Price/Sq Ft
$358
Property History
Jan 21, 2026
Listed for sale
$430,000
Property Overview
Beds
3
Baths
1.0
Sq. Ft.
1,202
Lot Size
0.15 acres
Stories
1
Year Built
1977
Property Type
Single Family Residence
Subdivision
Amended Royal Heights 5
APN
002-502-08
Parking
Garage Spaces
2
Total Parking
2
Parking Features
Attached, Garage
Attached Garage
Yes
Exterior & Lot
Exterior Features
None
Lot Features
Other
Construction
Frame
Roof
Composition
Foundation
Slab
Utilities & Systems
Heating
Electric
Cooling
Central Air
Financial
Annual Tax
$1,268
Schools
Elementary School
Towles
Middle School
Clayton
High School
McQueen
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% ($86,000)
Home price
$430,000
Loan details
30-yr fixed, 6.5%
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