$119,000
Active
1850 Lousetown Road
Reno, NV 89521
STR Status Unknown
About This Property
Check out this perfect location for your dream home!! Sprawling one-acre lot, complete with a well. The seller has gone above and beyond, providing essential documentation including geotechnical surveys, percolation tests (both new and old), boundary and topographic surveys, and a proposed septic design. Additionally, there is a well audit and water quality report. Excavation estimates for the house pad, driveway grading, and tree removal are also available., Easy access to this beautiful property located just off Lousetown Rd. The last photo is an AI representation.
Listed by Sandra Gabrielli — RE/MAX Professionals-Sparks
Listing Details
Status
Active
MLS #
250004918
Days on Market
411
Property History
Oct 14, 2025
Listed for sale
$119,000
Property Overview
Lot Size
1.00 acres
Property Type
Land
APN
003-141-23
Exterior & Lot
Lot Features
Level, Open Lot, Wooded, Storm Drains
View
Trees/Woods
Financial
Annual Tax
$436
HOA Fee
$100 / Annually
HOA / Community
Virginia City Property Owners Association
Schools
Elementary School
Gallagher, Hugh
Middle School
Virginia City
High School
Virginia City
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% ($23,800)
Home price
$119,000
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: 530.613.5207
