$590,000 Active Under Contract
7315 Souverain Lane
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.0 Baths
·
2,195 Sq Ft

About This Property

Turn key and designed to impress, this beautifully upgraded 4 bedroom home offers the perfect balance of style, function, and comfort. Natural light pours through the home, highlighted by timeless colonial shutters, updated flooring, and modern baseboards that create a clean, elevated look. The kitchen is both stylish and functional, featuring granite countertops with granite backsplash, soft close cabinetry, and a layout ideal for everyday living and entertaining. Step outside to the backyard complete with a pergola, perfect for relaxing or hosting. The large lot offers room to enjoy, while the additional concrete pad in the front provides added flexibility for extra parking or guests. A fully finished 3 car garage with tape and textured walls and ceiling completes this move-in ready opportunity.

Listed by Joylene Hill — Allison James Estates & Homes

Listing Details

Status Active Under Contract
MLS # 260004552
Days on Market 22
Price/Sq Ft $269

Property History

Apr 16, 2026
Listed for sale
$590,000
Current
Pending
$590,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 2,195
Lot Size 0.21 acres
Stories 1
Year Built 2020
Property Type Single Family Residence
Subdivision Wild Stallion Estates Phase 8
APN 552-392-08
Parking
Garage Spaces 3
Total Parking 6
Parking Features Attached, Garage, Parking Pad, Tandem
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Construction Stone, Stucco
Roof Asphalt, Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Electric, Natural Gas
Cooling Central Air, Electric
Financial
Annual Tax $4,911
HOA Fee $40 / Monthly
HOA / Community Cabernet Highlands
Schools
Elementary School Smith, Alice
Middle School OBrien
High School North Valleys
HOA & Community
Community Amenities None
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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% ($118,000)
Home price
$590,000
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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