$38,900
Active
21650 Palamino Road
Reno, NV 89521
STR Status Unknown
About This Property
Check out this BEAUTIFUL lot in the VC Highlands! Stunning views to the north, tons of trees, dead-end street, power pole at corner of the property, privacy - what more could you ask for? Bring your horses or enjoy the wild ones that roam freely. Less than 20 min to 395/580
Listed by Leslie Biederman — Chase International-Damonte
Listing Details
Status
Active
MLS #
260008356
Property History
Jun 30, 2026
Listed for sale
$38,900
Property Overview
Lot Size
1.23 acres
Property Type
Land
APN
003-081-15
Exterior & Lot
Lot Features
Cul-De-Sac, Gentle Sloping, Level, Sloped Down, Wooded
View
Mountain(s), Rural, Trees/Woods, Valley
Financial
Annual Tax
$259
HOA Fee
$50 / Annually
HOA / Community
Virginia City Highlands POA
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% ($7,780)
Home price
$38,900
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: 530.613.5207
