$740,000 Active Under Contract
1100 El Rancho Drive
Sparks, NV 89431
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
6 Beds
·

About This Property

Investor property, all units rented. Property sold at time of listing. Please do not disturb tenants. This property close to shopping and main freeways. 48 Hours required to see units. Seller to verify buyers' ability to purchase property prior to showing.

Listed by Theresa Wolken — Ferrari-Lund Real Estate South

Listing Details

Status Active Under Contract
MLS # 260006856
Days on Market 7

Property History

May 29, 2026
Listed for sale
$740,000
Current
Pending
$740,000
Property Overview
Beds 6
Lot Size 0.21 acres
Stories 1
Year Built 1979
Property Type Triplex
STR Jurisdiction Washoe County
APN 031-012-13
Parking
Total Parking 6
Parking Features Common, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
Construction Wood Siding
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Pool & Spa
Pool No
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $2,640
Schools
Elementary School Risley, Agnes
Middle School Sparks
High School Sparks
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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% ($148,000)
Home price
$740,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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