$550,000 Active Under Contract
1080 Mercedes Drive
Spanish Springs, NV 89441
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,877 Sq Ft
Virtual Tour

About This Property

Seller is offering a 10,000 dollar credit towards buyer's closing costs to go towards new AC system or improvement of your choice. Spacious Home with RV Parking & Backyard Oasis. This 3-bedroom, 2-bath home offers 1,877 sq ft and one of the larger floor plans in the neighborhood, located in a quiet and peaceful setting. The property includes RV parking and a backyard designed for relaxation and everyday use. The outdoor space feels like your own oasis, with mature landscaping, multiple decks, and a pond creating a calming environment. A private deck off the primary bedroom provides additional outdoor access. The yard also features a variety of fruiting trees, including Asian pear, apple, crab apple, crisp apple, and peach. Inside, the kitchen has been updated with newer cabinetry, ample drawer storage, and generous counter space. The layout opens to the dining area and great room, creating a functional and connected living space. Carpet has been removed and replaced with new LVP flooring throughout. Bedrooms are well-sized and offer flexibility for a variety of needs. A well-maintained home with solid updates, a spacious layout, and a backyard setting that stands out in the neighborhood.

Listed by Winston Chapman — eXp Realty, LLC

Listing Details

Status Active Under Contract
MLS # 260003871
Days on Market 35
Price/Sq Ft $293

Property History

Apr 03, 2026
Listed for sale
$550,000
Current
Pending
$550,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,877
Lot Size 0.29 acres
Stories 1
Year Built 1997
Property Type Single Family Residence
Subdivision Spanish Springs Village North 1
APN 530-173-05
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Wall/Window Unit(s)
Financial
Annual Tax $2,309
HOA Fee $78 / Quarterly
HOA / Community Eagle Canyon HOA
Schools
Elementary School Hall
Middle School Shaw Middle School
High School Spanish Springs
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% ($110,000)
Home price
$550,000
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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