$430,000 Active Under Contract
729 Palmwood Drive
Sparks, NV 89434
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,584 Sq Ft
Virtual Tour

About This Property

INVESTOR Special!! Please call listing agent for details before writing offer. The sellers lost is a buyers gain. Pride of ownership from these long-time residents will make this a turn-key move for you or someone you know! This easy flow floor plan offer a nice, separate living space off the entry. Most of the gathering happens in the great room which includes canned lighting, hardwood floors a gas log fireplace and lots of natural light! In the primary bedroom, an upgraded slider was installed for easy access to the back yard and the bathroom remodel was completed by a well-known local contractor. The furnace and A/C were replaced in recent years. You will love the private back yard while enjoying the rose bushes and apples from the tree!

Listed by Anita Spencer — RE/MAX Professionals-Sparks

Listing Details

Status Active Under Contract
MLS # 260002607
Days on Market 67
Price/Sq Ft $271

Property History

Apr 13, 2026
Listed for sale
$430,000
Current
Pending
$430,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,584
Lot Size 0.14 acres
Stories 1
Year Built 1979
Property Type Single Family Residence
Subdivision Palmwood
APN 036-400-11
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Corner Lot, Level, Sprinklers In Front, Sprinklers In Rear
Roof Composition, Pitched
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $1,684
Schools
Elementary School Juniper
Middle School Mendive
High School Reed
📊

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% ($86,000)
Home price
$430,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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