$654,950 Active
7404 Owl Creek Court #Homesite 2501
Reno, NV 89521
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,721 Sq Ft

About This Property

This low-maintenance, single-story home features an open-concept design shared between the Great Room, kitchen and dining room, helping to maximize the footprint of the interior and promote seamless transition between spaces. Two secondary bedrooms can be found at the front of the home, while the owner's suite is situated privately at the back., Photo Rendering, not of actual home or homesite. Taxes on land only.

Listed by Michael Wood — RE/MAX Professionals-Reno

Listing Details

Status Active
MLS # 260005814
Price/Sq Ft $381

Property History

May 09, 2026
Listed for sale
$654,950
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,721
Lot Size 0.16 acres
Stories 1
Year Built 2026
Property Type Single Family Residence
Subdivision Talus Valley East Village 25
APN 165-333-01
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener, Tandem
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 Electric, Forced Air, Natural Gas
Cooling Central Air, Electric
Financial
Annual Tax $984
HOA Fee $70 / Monthly
HOA / Community Talus Valley East Homeowners Association
Schools
Elementary School Nick Poulakidas
Middle School Depoali
High School Damonte
HOA & Community
Community Amenities Landscaping, Management
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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% ($130,990)
Home price
$654,950
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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