$539,000 Active
5875 Walnut Creek Road
Reno, NV 89523
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,322 Sq Ft

About This Property

Single Story home located in Northwest Reno, Home has been updated with new flooring, Paint, and kitchen appliances, Kitchen cabinets have been replaced, along with new countertops. Low maintenance landscaping and some large trees for summer shade, newer Roof and HVAC system in about 3 years old. Home is centrally located near shopping and schools. This is a must see. Schedule your showing today.

Listed by Jay Schuler — LPT Realty, LLC

Listing Details

Status Active
MLS # 260006601
Price/Sq Ft $408

Property History

May 23, 2026
Listed for sale
$539,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,322
Lot Size 0.12 acres
Stories 1
Year Built 1990
Property Type Single Family Residence
Subdivision Backer Trust Property 2
APN 039-623-18
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
Roof Composition
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $2,201
Schools
Elementary School Winnemucca, Sarah
Middle School Billinghurst
High School McQueen
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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% ($107,800)
Home price
$539,000
Loan details
30-yr fixed, 6.5%
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