$38,000 Active
1205 W 8th Street
Silver Springs, NV 89429
STR Status Unknown

About This Property

1.01-acre residential parcel in Silver Springs, NV zoned RR3T, offers an opportunity to build in a quiet, rural setting. The lot is level, partially fenced, and fronts a dirt road. Power poles are located at the rear of the property. This property would need to be served by a well, septic and propane. Located just minutes from USA Parkway, Silver Springs Airport, and major routes including Hwy 50 and Hwy 95A, the property provides convenient access while maintaining a more open, country feel. The surrounding area features wide spacing between homes, natural desert landscape, and views. Minutes to Lake Lahontan and the Lahontan State Park. Escrow is pre-opened. Ask listing agent for more details. There are currently three similar lots for sale by the same owner on Cooney and two on W 8th to create a nice development opportunity.

Listed by Vicki Hone — Hone Company

Listing Details

Status Active
MLS # 260004964
Days on Market 43

Property History

Apr 23, 2026
Listed for sale
$38,000
Property Overview
Lot Size 1.01 acres
Property Type Land
Subdivision Talapoosa Estates
APN 017-262-02
Exterior & Lot
Lot Features Level, Open Lot
View Mountain(s), Rural
Financial
Annual Tax $203
Schools
Elementary School Silver Stage (Lyon)
Middle School Silver Stage (Lyon)
High School Silver Stage (Lyon)
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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% ($7,600)
Home price
$38,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662
530.613.5207

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