$430,000 Active

1949 S Villa Way

Reno, NV 89509

STR Status Unknown

2 Beds

2.5 Baths

1,760 Sq Ft

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About This Property

** This Lakeridge Villas Town Home is ready for your personal touch** Located on the 4th fairway of Lakeridge golf course "next to the marmot statue". This is your opportunity to live on Lakeridge for under $500,000. This 2 Bed, 2 1/2 Bath townhouse has Mountain View's and you can have your morning coffee on your back patio and take in the course. The property has original Carpet and needs fresh paint. But the property has been professionally Cleaned & Inspected with NO issues. There is also an appraisal on file at $440,000. Appraised $10,000 above list price This home is priced to sell.

Listed by Frank Picone — RE/MAX Gold

Listing Details

Status Active

MLS # 260012663

Days on Market 5

Price/Sq Ft $244

Property History

Oct 02, 2026

Listed for sale

$430,000

Property Overview

Beds 2

Baths 2.5

Sq. Ft. 1,760

Stories 2

Year Built 1977

Property Type Townhouse

Subdivision Villas At Lakeridge 2

APN 023-411-10

Parking

Garage Spaces 1

Total Parking 2

Parking Features Attached, Garage, Garage Door Opener

Attached Garage Yes

Exterior & Lot

Exterior Features Balcony, Rain Gutters

Lot Features Level, Sprinklers In Front, Sprinklers In Rear

View Golf Course, Mountain(s), Park/Greenbelt, Trees/Woods

Roof Composition, Pitched

Foundation Crawl Space

Utilities & Systems

Heating Forced Air, Natural Gas

Cooling Central Air

Financial

Annual Tax $2,059

HOA Fee $440 / Monthly

HOA / Community Lakeridge Villas

Schools

Elementary School Huffaker

Middle School Swope

High School Reno

HOA & Community

Community Amenities Landscaping

📊

STR Investment Analysis

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

STR Investment Analysis

STR analysis

STRUCTURAL SCORE —

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PROJECTED GROSS ANNUAL REVENUE

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Avg Nightly

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Occupancy

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Cap Rate

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STR Investment Analysis

STRUCTURAL SCORE

PROJECTED GROSS ANNUAL REVENUE

Avg Nightly

Occupancy

Cap Rate

Est. NOI Net Operating Income = annual gross rental revenue minus operating expenses (cleaning, property management, taxes, insurance, HOA, utilities, maintenance, supplies) — but before mortgage payments.

We estimate it as NOI = Projected Annual Revenue × 40%, assuming ~60% of gross goes to operating expenses on a typical Tahoe STR.

NOI feeds the cap rate below: Cap Rate = NOI ÷ List Price.

Legal Occupancy

MONTHLY REVENUE

AVERAGE DAILY RATE

ADJUSTED OCCUPANCY

Estimates based on 2024-2025 comparable rental performance. Actual results vary.

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings

via bonus depreciation

Land Value

Improvement Basis

5-Year Property (18%)

15-Year Property (10%)

Tax Bracket:

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

$2,969 per month

Principal & interest

$2,174/mo

Property taxes

$172/mo

The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.

HOA dues

$440/mo

From MLS listing data.

Home insurance

$183/mo

Estimated ~$1,800–$2,600/yr — get a local broker quote for accuracy.

Down payment

20% ($86,000)

Home price

$430,000

Loan details

30-yr fixed, 6.5%

Start Time

End Time

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