$639,000
Active
961 S University Park Loop
Reno, NV 89512
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4
Beds
·
2.0
Baths
·
1,903
Sq Ft
About This Property
Pride of ownership shines at 961 S. University Park Loop. This single-level home offers a quiet, close-in location just minutes from UNR, downtown Reno, shopping, dining, and freeway access. Inside, enjoy beautiful hardwood floors, abundant natural light, and comfortable living spaces with an easy, functional layout. The private, shaded backyard is a true highlight, featuring mature trees, lawn space, and room to relax or entertain. Mature landscaping, low-maintenance front yard design, and a three-car garage add to the appeal. A well-maintained home in an established neighborhood with convenience, privacy, and everyday livability.
Listed by Ryan Borden — Realty One Group Eminence
Listing Details
Status
Active
MLS #
260006589
Price/Sq Ft
$336
Property History
May 23, 2026
Listed for sale
$639,000
Property Overview
Beds
4
Baths
2.0
Sq. Ft.
1,903
Lot Size
0.36 acres
Stories
1
Year Built
1997
Property Type
Single Family Residence
Subdivision
University Ridge 5
APN
003-603-02
Parking
Garage Spaces
3
Total Parking
3
Parking Features
Attached, Garage
Attached Garage
Yes
Exterior & Lot
Exterior Features
None
Lot Features
Level, Sloped Up, Sprinklers In Front, Sprinklers In Rear
Roof
Tile
Foundation
Crawl Space
Utilities & Systems
Heating
Forced Air, Natural Gas
Cooling
Central Air
Financial
Annual Tax
$2,810
HOA Fee
$330 / Annually
HOA / Community
University Ridge
Schools
Elementary School
Peavine
Middle School
Clayton
High School
McQueen
HOA & Community
Community Amenities
None
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% ($127,800)
Home price
$639,000
Loan details
30-yr fixed, 6.5%
