$225,000
Active
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
MLS #
260009408
Price/Sq Ft
$240
Property History
Jul 23, 2026
Listed for sale
$225,000
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
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% ($45,000)
Home price
$225,000
Loan details
30-yr fixed, 6.5%
