$349,000
Active
937 Camino Real Drive
Sparks, NV 89434
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4
Beds
·
2.0
Baths
·
1,401
Sq Ft
About This Property
Property is in need of repairs and renovation and is being sold in its current condition. This 4 bedroom, 2 bath home offers approximately 1,401 sq. ft. of living space, a 2-car garage, and sits on a .14-acre lot. Walking distance to the Sparks Marina, shopping, entertainment and restaurants. Great opportunity for an investor, contractor, or experienced buyer looking for a renovation project. Cash buyers only.
Listed by Brian Kincannon — Keller Williams Group One Inc.
Listing Details
Status
Active
MLS #
260010619
Price/Sq Ft
$249
Property History
Aug 17, 2026
Listed for sale
$349,000
Property Overview
Beds
4
Baths
2.0
Sq. Ft.
1,401
Lot Size
0.15 acres
Stories
1
Year Built
1973
Property Type
Single Family Residence
Subdivision
Sierra Meadows 8
STR Jurisdiction
Washoe County
APN
037-054-09
Parking
Garage Spaces
2
Total Parking
2
Parking Features
Attached, Garage
Attached Garage
Yes
Exterior & Lot
Exterior Features
None
Lot Features
Level
Roof
Composition, Shingle
Foundation
Crawl Space
Utilities & Systems
Heating
Natural Gas
Cooling
Central Air
Financial
Annual Tax
$1,793
Schools
Elementary School
Lincoln Park
Middle School
Dilworth
High School
Sparks
STR Investment Analysis
Permitted Zone
STRUCTURAL SCORE
Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K
typically ~$142,500
~$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% ($69,800)
Home price
$349,000
Loan details
30-yr fixed, 6.5%
