$399,990 Active Under Contract
8374 Vermilion Drive
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
1,263 Sq Ft

About This Property

Discover Phoenix - Your New Home Awaits in North Reno! Phoenix offers thoughtfully designed homes perfect for simplicity, affordability, and convenience. Choose from single-story and two-story floorplans ranging from 900 to 1,507 sq. ft. Located just minutes from HWY 395, major employers like Amazon and Chewy, and nearby parks, shopping, and schools, Phoenix combines easy living with unmatched accessibility. Outdoor adventures in Pyramid Lake, Lake Tahoe, and more are just a short drive away. Inside, enjoy modern open-concept layouts featuring shaker-style cabinetry, quartz countertops, stainless-steel appliances, and smart home technology, all with low-maintenance curb appeal. Start your next chapter at Phoenix! Schedule a tour today! Home includes washer, dryer, fridge, blinds, and backyard landscaping package. Property taxes have yet to be assessed and shall be determined after closing by the local assessing entity. Photos are representational only. Seller offers below market rate financing and closing cost assistance.

Listed by Missy Hinton — D.R. Horton

Listing Details

Status Active Under Contract
MLS # 260001651
Days on Market 84
Price/Sq Ft $317

Property History

Feb 12, 2026
Listed for sale
$399,990
Current
Pending
$399,990
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,263
Lot Size 0.05 acres
Stories 2
Year Built 2026
Property Type Townhouse
Subdivision Legacy Village Townhomes - Unit 1
APN 552-473-02
Parking
Garage Spaces 1
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Front
Construction Insulation - Batts, Insulation - Blown-In, Stucco
Roof Composition, Pitched, Shingle
Foundation Raised
Utilities & Systems
Heating ENERGY STAR Qualified Equipment, Natural Gas
Cooling Central Air, ENERGY STAR Qualified Equipment
Financial
Annual Tax $753
HOA Fee $130 / Monthly
HOA / Community Westward 360
Schools
Elementary School Lemmon Valley
Middle School OBrien
High School North Valleys
HOA & Community
Community Amenities None
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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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($79,998)
Home price
$399,990
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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