$382,500 Active
700 H Street
Sparks, NV 89431
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
1.0 Baths
·
1,200 Sq Ft

About This Property

Welcome to this charming single-story residence perfectly situated in the heart of Sparks! Boasting a functional 3-bedroom, 1-bathroom layout across 1,200 square feet of living space, this home offers a wonderful opportunity for a variety of lifestyles. Step inside to find a welcoming flow featuring a mix of wood, tile, and carpet flooring, accented by convenient ceiling fans. The kitchen and living spaces seamlessly combine, highlighted by a breakfast bar that serves as a perfect hub for casual dining or entertaining. Situated on a level 0.15-acre lot within the established Green Brae Terrace neighborhood, the outdoor space features a backyard deck and patio area ready for your personal touch. Additional highlights include an energy-efficient tankless gas water heater and a driveway for parking. Enjoy the ultimate convenience of city living with quick access to local schools, parks, shopping, and dining.

Listed by The Rasner Team — Reno/Tahoe Realty Group, LLC

Listing Details

Status Active
MLS # 260007708
Price/Sq Ft $319

Property History

Jun 16, 2026
Listed for sale
$382,500
Property Overview
Beds 3
Baths 1.0
Sq. Ft. 1,200
Lot Size 0.15 acres
Stories 1
Year Built 1950
Property Type Single Family Residence
Subdivision Green Brae Terrace
STR Jurisdiction Washoe County
APN 033-112-34
Parking
Total Parking 1
Parking Features Parking Pad
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Front
Construction Frame
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $725
Schools
Elementary School Greenbrae
Middle School Dilworth
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% ($76,500)
Home price
$382,500
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR
530.613.5207

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