$999,000 $1,075,000 ↓ $76,000 reduced Active
1940 Dickerson Road
Reno, NV 89503

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STR Status Unknown
3 Beds
·
3.0 Baths
·
2,341 Sq Ft

Our data on this home

About This Property

HOA dues include FLOOD INSURANCE, master building insurance, water, trash, landscaping, and exterior maintenance! Experience riverfront living at 1940 Dickerson Road—a distinctive residence offering contemporary design, exceptional versatility, and a rare setting along the Truckee River. This 3-bedroom, 3-bath home encompasses approximately 2,341 square feet of thoughtfully designed living space, with an inviting layout that sets it apart from a conventional townhome. Views of the Reno Balloon Races can be enjoyed from nearly every room, creating a remarkable backdrop during one of Reno's most celebrated annual events. A private lower-level deck sits directly off the living room, offering an uncommon sense of seclusion and direct access to the Truckee River. This inviting outdoor retreat extends the living space outdoors—ideal for morning coffee, quiet afternoons beside the water, or gathering with friends in the riverfront setting. Inside, the flexible three-bedroom, three-bath configuration provides comfortable separation between living areas and private spaces, with room for guests, a home office, or a personal retreat. The second-floor living area

Listed by Dallas Serpa — RE/MAX Gold

Listing Details

Status Active
MLS # 260012017
Days on Market 48
Price/Sq Ft $427

Property History

Sep 17, 2026
Listed for sale
$1,075,000
Oct 26, 2026
Price reduced
$999,000 $1,075,000 ↓ $76,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Nov 2024 $670,000 Becky PattersonRE/MAX Gold-Midtown Dallas SerpaRE/MAX Gold

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 3
Baths 3.0
Sq. Ft. 2,341
Lot Size 0.02 acres
Stories 3
Year Built 2004
Property Type Townhouse
Subdivision Toscano Townhomes
APN 006-320-12
Parking
Garage Spaces 2
Total Parking 5
Parking Features Attached, Garage, Garage Door Opener, Parking Pad
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Common Area, Corner Lot, Landscaped, Level, Wooded
View City, Mountain(s), Park/Greenbelt, Trees/Woods
Roof Flat, Membrane, Metal, Pitched
Foundation Crawl Space
Utilities & Systems
Heating Electric, Fireplace(s), Forced Air, Natural Gas
Cooling Central Air, Electric
Water Source Truckee River
Financial
Annual Tax $3,468
HOA Fee $750 / Monthly
HOA / Community NV Community Management
Schools
Elementary School Hunter Lake
Middle School Swope
High School Reno
HOA & Community
Community Amenities Landscaping, Parking
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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

$2,400 – $3,500/yr
about $246/mo
Est. Rebuild Cost (Coverage A)
$702,300

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

$6,336 per month
Principal & interest
$5,051/mo
Property taxes
$289/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$750/mo
From MLS listing data.
Home insurance
$246/mo
Estimated ~$2,400–$3,500/yr — get a local broker quote for accuracy.
Down payment
20% ($199,800)
Home price
$999,000
Loan details
30-yr fixed, 6.5%
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