$299,000
Active
3125 Socrates Drive
Reno, NV 89512
Get homes like this by email
When a home like this lists in Reno at a similar price and size, we email you the same day. No account needed.
STR Status Unknown
About This Property
Unbelievable panoramic city views, with the majestic Sierra Nevada Mountains as a backdrop! University Ridge lot with all utilities at site. This is truly a one of a kind opportunity to build the home of your dreams, with the best views in town! Enjoy spectacular sunsets, the balloon races and so much more. The photos give you an idea, but to fully appreciate the views, you need to visit the lot and see for yourself.
Listed by Steve Blane — Ferrari-Lund Real Estate Reno
Listing Details
Status
Active
MLS #
260004486
Days on Market
190
Property History
Apr 15, 2026
Listed for sale
$299,000
Property Overview
Lot Size
0.35 acres
Property Type
Land
Subdivision
University Heights 2 Phase 2
APN
003-501-06
Exterior & Lot
Lot Features
Level, Sloped Down, Curbs, Sidewalks
View
City, Mountain(s), Valley
Financial
Annual Tax
$1,020
HOA Fee
$330 / Annually
HOA / Community
University Ridge HOA
Schools
Elementary School
Peavine
Middle School
Clayton
High School
Hug
STR Investment Analysis
STR analysis
STRUCTURAL SCORE
—
—
PROJECTED GROSS ANNUAL REVENUE
—
~— per month
Avg Nightly
—
Occupancy
—
Cap Rate
—
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
$1,625 per month
Principal & interest
$1,512/mo
Property taxes
$85/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$28/mo
From MLS listing data.
Home insurance
$0/mo
Land — no home to insure, so no insurance estimate.
Down payment
20% ($59,800)
Home price
$299,000
Loan details
30-yr fixed, 6.5%
