$625,000 Active
5381 Ladybug Court
Reno, NV 89523
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
1,673 Sq Ft
Virtual Tour

About This Property

Welcome to 5381 Ladybug Ct, a fully renovated Reno home situated on a fantastic oversized corner lot at the end of a cul-de-sac. With NO HOA, a large 3-car garage, and tons of additional parking potential (including space for an RV, boat, trailers, or other toys) this property offers flexibility that can be hard to find. Inside, the home has been fully renovated with a clean, updated look throughout. Brand-new windows provide improved efficiency and natural light, while the refreshed interior makes this home truly move-in ready. Each bedroom has vaulted ceilings! The large corner lot provides plenty of usable outdoor space and multiple possibilities for parking, storage, entertaining, or future improvements. Whether you're looking for a primary residence with room for all your toys or an investment property with strong rental potential, 5381 Ladybug Ct checks a lot of boxes. For investors, rental comps in the area support approximately 2,800 per month. Ask the listing agent for a full rental and investment analysis. Highlights include: fully renovated interior, brand-new windows, oversized corner cul-de-sac lot, large 3-car garage, RV/extra parking potential, all bedrooms with vaulted ceilings, and NO HOA.

Listed by Jake Andronico — TrueNest Properties

Listing Details

Status Active
MLS # 260010829
Days on Market 1
Price/Sq Ft $374

Property History

Aug 20, 2026
Listed for sale
$625,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,673
Lot Size 0.21 acres
Stories 2
Year Built 1987
Property Type Single Family Residence
Subdivision Sierra Highlands 3
STR Jurisdiction Washoe County
APN 039-332-14
Parking
Garage Spaces 3
Total Parking 3
Parking Features Additional Parking, Attached, Garage, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Gentle Sloping, Sprinklers In Front
Roof Composition
Foundation Crawl Space
Utilities & Systems
Heating Forced Air
Cooling Central Air
Financial
Annual Tax $3,126
Schools
Elementary School Winnemucca, Sarah
Middle School Billinghurst
High School McDermitt High School
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

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% ($125,000)
Home price
$625,000
Loan details
30-yr fixed, 6.5%
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