$461,990 Active
5877 Morgan Horse Street
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
·
1,347 Sq Ft

About This Property

**Enjoy all the benefits of homeownership without the hassle!** Welcome to your Walker plan at Monarch in Reno, NV. This 1,347 sq. ft. townhome offers an open-concept first floor seamlessly blending the living room, dining area, and kitchen, featuring shaker-style cabinets, stainless steel appliances, and quartz countertops. Located in Northwest Reno's shopping hub near Raley's on MaeAnne, you're a short walk from JuiceBox Yoga, close to major shopping, and a quick drive to Midtown, Truckee, and Lake Tahoe via HWY 80. Schools--George Westergard Elementary, B.D. Billinghurst Middle, and Robert McQueen High--are nearby. A community dog park is coming soon! Property taxes have yet to be assessed and shall be determined after closing by the local assessing entity. Seller offers closing cost assistance. Photos are representational only.

Listed by Jeanette Maiss — D.R. Horton

Listing Details

Status Active
MLS # 260005888
Price/Sq Ft $343

Property History

May 11, 2026
Listed for sale
$461,990
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,347
Lot Size 0.02 acres
Stories 2
Year Built 2026
Property Type Townhouse
Subdivision Grand Point Townhomes North
APN 202-251-12
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Front
Construction Insulation - Batts, Insulation - Blown-In, Stucco
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating ENERGY STAR Qualified Equipment, Natural Gas
Cooling Central Air, ENERGY STAR Qualified Equipment
Financial
Annual Tax $892
HOA Fee $142 / Monthly
HOA / Community Westward360
Schools
Elementary School Westergard
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% ($92,398)
Home price
$461,990
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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