$385,000 Active
3415 Balboa Drive
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
1,272 Sq Ft
Virtual Tour

About This Property

Amazing Views! Watch the Balloon Races and Fireworks from the second-story deck. The 3-bed, 2.5-bath, 2-car garage townhome features a wood-burning fireplace, two decks, and views. In proximity to McCarran Blvd, I80, 580/395, the University, downtown, MidTown, and all Reno has to offer is ready for its new homeowners.

Listed by Tamara Fegert — Sierra Sotheby's International

Listing Details

Status Active
MLS # 260006578
Price/Sq Ft $303

Property History

May 23, 2026
Listed for sale
$385,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,272
Lot Size 0.04 acres
Stories 2
Year Built 1978
Property Type Townhouse
Subdivision Sierra Vista Villas 2
APN 001-071-16
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Sprinklers In Front
View City, Mountain(s), Valley
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $1,123
HOA Fee $418 / Monthly
HOA / Community Sierra Vista Villas
Schools
Elementary School Towles
Middle School Clayton
High School McQueen
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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($77,000)
Home price
$385,000
Loan details
30-yr fixed, 6.5%
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