$240,000 Active
5150 Twin Springs Road
Reno, NV 89510
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

Motivated seller - bring all offers. Nestled in the serene and tranquil landscape of Palomino Valley, this sprawling 40-acre parcel offers an unparalleled opportunity to create your dream retreat. The property has 4 fenced acres with 4 access gates, an 8x16 shed equipped with 6 solar panels and 4 batteries in series and a 3,000-gallon potable water storage tank. The well, drilled in 2023, produces 50 GPM. This is an excellent value for the price! Whether you are looking to build a cozy cabin or an elegant,, spacious residence you will certainly enjoy the privacy and tranquility this property provides. Don't miss the chance to own this idyllic piece of paradise—it's the perfect canvas for your imagination to flourish.

Listed by Jo Ann Burke — Dickson Realty - Caughlin

Listing Details

Status Active
MLS # 250058318
Days on Market 200

Property History

Nov 17, 2025
Listed for sale
$240,000
Property Overview
Lot Size 40.00 acres
Property Type Land
STR Jurisdiction Washoe County
APN 077-300-23
Exterior & Lot
Lot Features Sloped Down, Sloped Up
View Desert, Mountain(s), Rural, Valley
Financial
Annual Tax $979
Schools
Elementary School Taylor
Middle School Shaw Middle School
High School Spanish Springs
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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% ($48,000)
Home price
$240,000
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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