$179,777
Active
665 Kane Court
Reno, NV 89512
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
About This Property
Build your dream home on this rare vacant lot just minutes from the University of Nevada, Reno. Located in the University Heights subdivision, this upsloping cul de sac homesite offers sweeping city, mountain, and balloon race views. All major utilities are available at the street, and the lot is zoned for single family residential use. Priced to sell, this is a hard to find opportunity to secure a buildable lot near UNR while it's still on the market.
Listed by Kenneth Angst — Haute Properties NV
Listing Details
Status
Active
MLS #
260009704
Property History
Jul 29, 2026
Listed for sale
$179,777
Property Overview
Lot Size
0.35 acres
Property Type
Land
Subdivision
University Heights 4
STR Jurisdiction
Washoe County
APN
003-390-04
Exterior & Lot
Lot Features
Cul-De-Sac, Sloped Up, Corners Marked, Sidewalks
View
City, Mountain(s)
Financial
Annual Tax
$691
Schools
Elementary School
Peavine
Middle School
Clayton
High School
McQueen
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% ($35,955)
Home price
$179,777
Loan details
30-yr fixed, 6.5%
