$460,000 Active
304 Limber Pine Drive
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
1.0 Baths
·
1,260 Sq Ft

About This Property

Welcome to Lemon Valley's Pride of Ownership, Located on a corner lot just steps from a city park, 1260 sf of open living space. This home includes lovely white shaker kitchen cabinets with crown molding, and solid surface countertops, clean and refreshed feel, the functional open floor plan has a plank wood laminated flooring with carpet in the bedrooms, with ample one car garage. The back yard has a large finished back yard, patio with an electric powered retractable awning and a 8x8 ft shed. There is direct access to the back thru a door from the primary bedroom,. Some rain gutters have been added in needed areas. Conveniently located near shopping, dining, parks, and freeway access.

Listed by Karen Walker-Hill — Ferrari-Lund Real Estate Reno

Listing Details

Status Active
MLS # 260009617
Price/Sq Ft $365

Property History

Jul 26, 2026
Listed for sale
$460,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 1,260
Lot Size 0.13 acres
Stories 1
Year Built 2020
Property Type Single Family Residence
Subdivision North Valley Estates Unit 1
STR Jurisdiction Washoe County
APN 568-193-10
Parking
Garage Spaces 1
Total Parking 2
Parking Features Garage, Garage Door Opener, None
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters, None
Lot Features Artificial Turf, Level, Sprinklers In Front, Sprinklers In Rear
Construction Stucco
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $2,898
HOA Fee $36 / Monthly
HOA / Community NV Flats
Schools
Elementary School Lemmon Valley
Middle School OBrien
High School North Valleys
HOA & Community
Community Amenities None
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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% ($92,000)
Home price
$460,000
Loan details
30-yr fixed, 6.5%
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