$225,000 Active Under Contract
1029 Brooktree Drive #4
Sparks, NV 89434
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
1.0 Baths
·
936 Sq Ft

About This Property

Fantastic investment opportunity in the heart of Sparks! This well-maintained 2-bedroom, 1-bathroom townhome features updated flooring and appliances throughout, offering a fresh, move-in-ready feel for tenants. Currently tenant-occupied, providing immediate rental income. Centrally located near shopping, dining, major employers, and commuter routes — an ideal location for long-term tenant demand. A great addition to any rental portfolio, offering strong upside and built-in equity potential. Don't miss this turnkey investment!

Listed by Bailey Feemster — Ryder Homes Realty, Inc.

Listing Details

Status Active Under Contract
MLS # 260009408
Days on Market 50
Price/Sq Ft $240

Property History

Jul 23, 2026
Listed for sale
$225,000
Aug 13, 2026
Pending
$225,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 2024 $248,000 Jody CallRE/MAX Professionals-Reno Bailey FeemsterBHG Drakulich Realty

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 2
Baths 1.0
Sq. Ft. 936
Stories 1
Year Built 1973
Property Type Townhouse
Subdivision Woodside 2A
STR Jurisdiction Washoe County
APN 036-232-23
Parking
Total Parking 1
Parking Features Carport, Detached
Exterior & Lot
Exterior Features None
Lot Features Corner Lot, Landscaped, Level, Sprinklers In Front
Roof Composition, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $662
HOA Fee $298 / Monthly
HOA / Community Woodside Homes
Schools
Elementary School Dunn
Middle School Dilworth
High School Reed
HOA & Community
Community Amenities Landscaping, Parking
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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% ($45,000)
Home price
$225,000
Loan details
30-yr fixed, 6.5%
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