$430,000 Active
2880 Caballo Drive
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,415 Sq Ft

About This Property

Opportunity awaits in South Reno! This single-level starter home offers exceptional potential for an investor, handy buyer, or anyone ready to bring new life to a property with great bones and a wonderful setting. Offered as a trustee sale, the home is priced with its current condition in mind and presents a terrific value-add opportunity. The property does need some TLC, and the seller will make no repairs, making this an ideal canvas for buyers with vision. Bring your ideas, creativity, and a little elbow grease to unlock the home's full potential. Whether you're looking for a renovation project, an investment property, or a chance to customize a single-level home in a desirable South Reno location, this one is full of possibilities. Outside, the property shines with a lovely lot filled with mature trees, shrubs, flowers, and abundant foliage throughout. Gardeners will appreciate the peaceful, established landscape and the chance to make this outdoor space truly special

Listed by Michael Robinson — Chase International-Damonte

Listing Details

Status Active
MLS # 260010307
Days on Market 1
Price/Sq Ft $304

Property History

Aug 10, 2026
Listed for sale
$430,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,415
Lot Size 0.15 acres
Stories 1
Year Built 1977
Property Type Single Family Residence
STR Jurisdiction Washoe County
APN 021-203-03
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Roof Composition, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Natural Gas
Cooling Central Air
Financial
Annual Tax $1,546
Schools
Elementary School Dodson
Middle School Pine
High School Wooster
📊

STR Investment Analysis

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

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% ($86,000)
Home price
$430,000
Loan details
30-yr fixed, 6.5%
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