$199,900 $214,900 ↓ $15,000 reduced Active
2125 Roundhouse Road
Sparks, NV 89431
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
1.0 Baths
·
961 Sq Ft

About This Property

Welcome to Ironhorse Village! This 2 bedroom 1 bath condo has a lovely balcony that overlooks mature landscaping and the property is gated for your security. This end unit features a wood burning fireplace in the living room for cozy evenings. The flooring has been beautifully upgraded with a mix of warm wood luxury vinyl plank and tile throughout. The living area is freshly painted in a modern Faux design and the spacious dining area leads directly out to a private balcony and storage. Relax poolside and take in the aroma of the surrounding rose bushes. For your convenience the refrigerator, washer and dryer are all included. Ideally located this affordable condo provides quick access to the University of Reno Nevada, Downtown, local Golf courses, Hospitals, Restaurants, Downtown Sparks and just a quick drive to Lake Tahoe. Explore all the surrounding adventures that await you and utilize the exciting Finance options in this FHA and VA approved community !

Listed by Janae Scott — Dickson Realty - Damonte Ranch

Listing Details

Status Active
MLS # 260005642
Days on Market 97
Price/Sq Ft $208

Property History

May 07, 2026
Listed for sale
$199,900
Jun 30, 2026
Price changed
$204,900
Aug 05, 2026
Price changed
$199,900
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 961
Stories 1
Year Built 1980
Property Type Condominium
Subdivision Ironhorse Village 2 Condominiums
STR Jurisdiction Washoe County
APN 031-445-12
Parking
Total Parking 1
Parking Features Carport
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Roof Pitched, Tile
Foundation Slab
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $688
HOA Fee $446 / Monthly
HOA / Community Ironhorse Village
Schools
Elementary School Smith
Middle School Sparks
High School Hug
HOA & Community
Community Amenities Gated, Landscaping, Parking, Pool
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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% ($39,980)
Home price
$199,900
Loan details
30-yr fixed, 6.5%
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