$165,000 Active Under Contract
40 Cowhide Circle
Reno, NV 89508
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
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About This Property

If you're craving open skies, mountain views, and space to roam, this versatile 10.27-acre parcel delivers. Located in a peaceful valley with sweeping vistas, the land is level, partially cleared, and ready for your outdoor dreams—whether it's weekend escapes, horses in the pasture, or the perfect basecamp for trail riding adventures. The 180-foot deep well flows artesian much of the year, offering reliable water for a small homestead, garden, or grazing your animals. Thoughtfully improved with a drainage ditch and retention pond tucked into one corner, the land is well positioned for future development or recreational use. A 10x20-foot shed with a storage loft adds utility—use it for gear, feed, or tackle. The container on site is negotiable between parties. Horse lovers and explorers will appreciate close access to BLM land, with miles of trails to explore. Saddle up and ride straight into nature. Whether you're building your dream ranch, setting up a getaway spot, or seeking tranquility with adventure at your doorstep, this land invites you to live the outdoor lifestyle without compromise.

Listed by Jo Ann Burke — Dickson Realty - Caughlin

Listing Details

Status Active Under Contract
MLS # 250053379
Days on Market 319

Property History

Jul 21, 2025
Listed for sale
$165,000
Current
Pending
$165,000
Property Overview
Lot Size 10.27 acres
Property Type Land
STR Jurisdiction Washoe County
APN 078-183-04
Exterior & Lot
View Desert, Mountain(s), Valley
Financial
Annual Tax $394
HOA Fee $280 / Annually
HOA / Community Sierra Ranchos POA
Schools
Elementary School Desert Heights
Middle School Cold Springs
High School North Valleys
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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% ($33,000)
Home price
$165,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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