$700,000 Active Under Contract
998 S University Park Loop
Reno, NV 89512
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
1,949 Sq Ft
Virtual Tour

About This Property

Perched to capture stunning views of downtown Reno, the Sierra mountains, and the University of Nevada, this beautifully updated home offers both privacy and connection—with no rear neighbors. Spanning 1,949 sq ft, the layout includes 3 bedrooms, 2.5 bathrooms, and a 3-car garage. The kitchen has been refreshed with crisp white cabinetry and butcher block countertops, opening to inviting living spaces designed for everyday living and entertaining. Upstairs, the primary suite features an oversized walk-in closet, with the added convenience of an upstairs laundry room. Complete with a guest-friendly powder room downstairs and quick access to McCarran, this home delivers both lifestyle and location.

Listed by Kylie Keenan — Dickson Realty - Caughlin

Listing Details

Status Active Under Contract
MLS # 260005637
Days on Market 5
Price/Sq Ft $359

Property History

May 07, 2026
Listed for sale
$700,000
Current
Pending
$700,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,949
Lot Size 0.27 acres
Stories 2
Year Built 2005
Property Type Single Family Residence
Subdivision University Ridge 6
APN 003-693-08
Parking
Garage Spaces 3
Total Parking 3
Parking Features Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Dog Run, Rain Gutters
Lot Features Gentle Sloping, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View City
Construction Stucco
Roof Composition
Foundation Slab
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $3,249
HOA Fee $165 / Semi-Annually
HOA / Community Equus Management
Schools
Elementary School Peavine
Middle School Clayton
High School McQueen
HOA & Community
Community Amenities Management
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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% ($140,000)
Home price
$700,000
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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