$559,000
Active
1950 Lousetown Road
Reno, NV 89521
STR Status Unknown
3
Beds
·
2.0
Baths
·
2,370
Sq Ft
About This Property
Located in the Virginia Highlands Community, this three-bedroom, two-bath home sits on a one-acre parcel in a tranquil mountain setting where wild horses roam freely. Just a short drive from town, the property features a beautiful front porch and a fenced backyard, providing plenty of opportunities for outdoor enjoyment. Several upgrades completed in 2022 include a water heater, partial roof replacement, LVP flooring, wood burning stove, and windows.
Listed by Crystal Coakley-Orberg — Real Estate Connection
Listing Details
Status
Active
MLS #
260010150
Price/Sq Ft
$236
Property History
Aug 06, 2026
Listed for sale
$559,000
Property Overview
Beds
3
Baths
2.0
Sq. Ft.
2,370
Lot Size
1.00 acres
Stories
1
Year Built
1979
Property Type
Single Family Residence
APN
003-122-04
Parking
Total Parking
4
Parking Features
None
Exterior & Lot
Exterior Features
Rain Gutters
Lot Features
Level, Sloped Down, Wooded
View
Trees/Woods
Roof
Pitched, Shingle
Foundation
Concrete Perimeter, Slab
Utilities & Systems
Heating
Electric, Forced Air, Propane
Financial
Annual Tax
$1,375
HOA Fee
$50 / Annually
HOA / Community
Virginia City Highlands Property Owners Assoc
Schools
Elementary School
Gallagher, Hugh
Middle School
Virginia City
High School
Virginia City
HOA & Community
Community Amenities
None
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% ($111,800)
Home price
$559,000
Loan details
30-yr fixed, 6.5%
