$459,900 Active Under Contract
1540 Tyler Way
Sparks, NV 89431
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
1.5 Baths
·
1,084 Sq Ft

About This Property

Welcome to this beautifully maintained home, located on a large corner lot with no neighbor on one side and close to schools offering both privacy and convenience. This home has been thoughtfully updated with a newer roof, new windows, updated laminate and hardwood flooring, modern backsplash, newer sink, and newer water heater. The kitchen also features a restaurant-grade exhaust fan, perfect for serious cooking. Enjoy an additional 240 sq ft bonus room living space, along with laundry hookups and a stunning stone fireplace that adds warmth and character. Step outside to a well designed backyard with fruit trees, pergolas, and fencing ideal for relaxing or entertaining. The property also includes RV parking for added flexibility. Move-in ready and full of upgrades, this home offers comfort, functionality, and a beautifully maintained outdoor space all in a prime location.

Listed by Manuel Sanchez — Reno Real Estate

Listing Details

Status Active Under Contract
MLS # 260004233
Days on Market 28
Price/Sq Ft $424

Property History

Apr 09, 2026
Listed for sale
$459,900
Current
Pending
$459,900
Property Overview
Beds 3
Baths 1.5
Sq. Ft. 1,084
Lot Size 0.16 acres
Stories 1
Year Built 1961
Property Type Single Family Residence
Subdivision Meadowvale 1
APN 027-591-08
Parking
Garage Spaces 2
Total Parking 5
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Corner Lot, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View City, Mountain(s), Trees/Woods
Construction Stone
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $782
Schools
Elementary School Risley, Agnes
Middle School Sparks
High School Sparks
📊

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($91,980)
Home price
$459,900
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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