$429,000
Active Under Contract
1220 O'Callaghan Drive
Sparks, NV 89434
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3
Beds
·
2.0
Baths
·
1,250
Sq Ft
About This Property
Great starter home with no HOA! This 3-bedroom, 2-bath home features a 2-car garage and a spacious backyard with a nice-sized deck, perfect for relaxing or entertaining. Storage shed offers extra space for tools and equipment. New roof installed this year. A wonderful opportunity with plenty of potential!
Listed by Tonirose Calimlim — Fathom Realty
Listing Details
Status
Active Under Contract
MLS #
260005075
Days on Market
12
Price/Sq Ft
$343
Property History
Apr 25, 2026
Listed for sale
$429,000
Current
Pending
$429,000
Property Overview
Beds
3
Baths
2.0
Sq. Ft.
1,250
Lot Size
0.10 acres
Stories
1
Year Built
1986
Property Type
Single Family Residence
Subdivision
Lewis Homes Sparks 12J
APN
036-552-41
Parking
Garage Spaces
2
Total Parking
2
Parking Features
Attached, Garage
Attached Garage
Yes
Exterior & Lot
Exterior Features
Rain Gutters
Lot Features
Landscaped, Level, Sprinklers In Front
Roof
Composition, Pitched, Shingle
Foundation
Crawl Space
Utilities & Systems
Heating
Forced Air, Natural Gas
Financial
Annual Tax
$1,615
Schools
Elementary School
Dunn
Middle School
Dilworth
High School
Reed
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% ($85,800)
Home price
$429,000
Loan details
30-yr fixed, 6.5%
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Or call directly: (530) 317-0373
