$675,000 Active Under Contract
1827 Terrace Heights Lane
Reno, NV 89523

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STR Status Unknown
4 Beds
·
3.0 Baths
·
2,512 Sq Ft

Our data on this home

About This Property

Space, privacy, and a great Northwest Reno location come together in this 2,512 square foot home on a .30 acre lot with no HOA. The floor plan includes four bedrooms, a bonus room, and three full bathrooms, giving you the flexibility to create a home office, guest quarters, or a dedicated media or play space. The updated kitchen features soft close cabinetry and makes an easy centerpiece for everyday living. The backyard is a standout, offering a private and spacious setting with a covered patio and a deck that are well suited for outdoor dining, hosting friends, or unwinding at the end of the day. Additional features include a two car garage and a roof replaced in 2014. All of this sits in one of Northwest Reno's most desirable areas, just minutes from shopping, dining, everyday amenities, and convenient freeway access.

Listed by David Tully — Real Broker LLC

Listing Details

Status Active Under Contract
MLS # 260012834
Days on Market 11
Price/Sq Ft $269

Property History

Oct 07, 2026
Listed for sale
$675,000
Oct 09, 2026
Pending
$675,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,512
Lot Size 0.30 acres
Stories 2
Year Built 1987
Property Type Single Family Residence
Subdivision Sierra Highlands 2B
APN 039-063-48
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Fire Pit, Rain Gutters
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $3,198
Schools
Elementary School Winnemucca, Sarah
Middle School Billinghurst
High School McQueen
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

STR analysis
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Home Insurance Estimate

Standard homeowners policy for this home

$3,600 – $5,300/yr
about $371/mo
Est. Rebuild Cost (Coverage A)
$1,055,040

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

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

$4,051 per month
Principal & interest
$3,413/mo
Property taxes
$267/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$371/mo
Estimated ~$3,600–$5,300/yr — get a local broker quote for accuracy.
Down payment
20% ($135,000)
Home price
$675,000
Loan details
30-yr fixed, 6.5%
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