$349,000
Active
3525 Gibraltar Drive
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
About This Property
Location, location, location! Placed in the heart of SW Reno in a peaceful, sought-after neighborhood and school districts. All utilities at lot or in the street. No HOA. Completed Plans are engineered and included for a beautiful 4,992sf home. The lot owner is a General Contractor if needed.
Listed by Lisa Niles — Realty One Group Eminence
Listing Details
Status
Active
MLS #
260012084
Days on Market
2
Property History
Sep 18, 2026
Listed for sale
$349,000
Property Overview
Lot Size
0.25 acres
Property Type
Land
Subdivision
Skyline Crest 1
STR Jurisdiction
Washoe County
APN
023-361-03
Financial
Annual Tax
$111
Schools
Elementary School
Caughlin Ranch
Middle School
Swope
High School
Reno
STR Investment Analysis
Permitted Zone
STRUCTURAL SCORE
Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K
typically ~$142,500
~$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% ($69,800)
Home price
$349,000
Loan details
30-yr fixed, 6.5%
