$490,000 Active Under Contract
1420 Tanglewood Drive
Sparks, NV 89431
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
1.5 Baths
·
1,205 Sq Ft
Virtual Tour

About This Property

Less than a mile from a freeway entrance, a rare Old Sparks remodeled home that has a full 2 car garage with interior and exterior man door access, 3 bedrooms, and 1.5 bathrooms. Home has been remodeled, including: The kitchen, with new appliances Remodeled hall bathroom with larger shower and luxury tile. Moved the washer and dryer to the garage, New LVP flooring in kitchen and bathrooms and cork flooring in family room, New fence with new gate, New shed in addition to existing, Ceilings scraped, Recessed lighting on dimmers in living room, dining room and kitchen, new fans with lights in all bedrooms, Back family room area was gutted, with new, larger windows put in, ceiling raised slightly. Roof will be re-done starting 4/6. Floors are scheduled to be sanded and stained 5/26-5/30.

Listed by Trista Gomez — Fathom Realty

Listing Details

Status Active Under Contract
MLS # 260003848
Days on Market 35
Price/Sq Ft $407

Property History

Apr 02, 2026
Listed for sale
$490,000
Current
Pending
$490,000
Property Overview
Beds 3
Baths 1.5
Sq. Ft. 1,205
Lot Size 0.15 acres
Stories 1
Year Built 1966
Property Type Single Family Residence
Subdivision Springvale 1A
APN 033-221-13
Parking
Garage Spaces 2
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Level, Sprinklers In Front, Sprinklers In Rear
Construction Brick, Frame
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $905
Schools
Elementary School Greenbrae
Middle School Dilworth
High School Sparks
📊

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% ($98,000)
Home price
$490,000
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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