$524,880 Active
7555 Grassy Plains 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
·
1,503 Sq Ft

About This Property

Welcome to 7555 Grassy Plains Drive — a beautifully designed single-story home in the growing Arroyo Crossing community of North Reno. Offering 3 bedrooms, 2 bathrooms, and approximately 1,501 square feet of thoughtfully designed living space, this newer construction home blends modern finishes with everyday functionality. Step inside to an open-concept layout filled with natural light, seamlessly connecting the kitchen, dining, and living areas for easy entertaining and comfortable daily living. The spacious kitchen features quartz countertops, shaker-style cabinetry, stainless steel appliances, a large island with bar seating, and ample storage space. The private primary suite offers a relaxing retreat with dual vanities, a walk-in closet, and a spacious en-suite bath. Two additional bedrooms provide flexibility for guests, a home office, or hobbies. Additional highlights include a dedicated laundry room, attached 2-car garage, energy-efficient features, and contemporary finishes throughout. Conveniently located near parks, schools, walking trails, and quick access to US-395, this home combines modern living with easy access to all that Reno has to offer.

Listed by Karen Ann Hayes — Chase International-Damonte

Listing Details

Status Active
MLS # 260006445
Price/Sq Ft $349

Property History

May 21, 2026
Listed for sale
$524,880
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,503
Lot Size 0.12 acres
Stories 1
Year Built 2024
Property Type Single Family Residence
Subdivision Arroyo Crossing Phase 2
APN 550-682-07
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, Sprinklers In Rear
Construction Insulation - Batts, Stucco
Roof Pitched
Foundation Slab
Utilities & Systems
Heating ENERGY STAR Qualified Equipment, Natural Gas
Cooling ENERGY STAR Qualified Equipment
Financial
Annual Tax $4,295
HOA Fee $68 / Monthly
HOA / Community The Management Trust
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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($104,976)
Home price
$524,880
Loan details
30-yr fixed, 6.5%
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