$454,900 Active
736 Valmy Drive
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,554 Sq Ft

About This Property

Built in 2022, this move-in ready home offers modern living in a newer community on a desirable lot with no rear neighbors. Featuring builder upgrades throughout, including taller cabinetry, an upgraded primary shower, upgraded lighting, and a xeriscaped landscaped backyard with wraparound pavers. The open-concept floor plan creates a spacious feel that's perfect for everyday living and entertaining. This is one you won't want to miss.

Listed by Jasson Mendoza — AMRE

Listing Details

Status Active
MLS # 260009785
Price/Sq Ft $293

Property History

Jul 30, 2026
Listed for sale
$454,900
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,554
Lot Size 0.11 acres
Stories 1
Year Built 2022
Property Type Single Family Residence
Subdivision North Valley Estates Unit 2
STR Jurisdiction Washoe County
APN 568-181-10
Parking
Garage Spaces 2
Total Parking 4
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Front
Construction Stucco
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $3,938
HOA Fee $35 / Monthly
HOA / Community NV Flats HOA
Schools
Elementary School Lemmon Valley
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
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% ($90,980)
Home price
$454,900
Loan details
30-yr fixed, 6.5%
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