$29,900 Active
21905 Panhandle Road
Reno, NV 89521
STR Status Unknown

About This Property

Tucked at the end of a quiet cul-de-sac in Virginia City Highlands, this view lot offers the perfect setting to build your Northern Nevada dream home. Mature trees provide privacy and character while the elevated location captures beautiful mountain and valley views. A perc test is already on file, helping streamline the building process. Rare owner financing options make this property even more accessible, with owner carry available and the ability to subordinate to a construction loan with approved terms. Call for more information today!

Listed by Jessica Hodges — Real Broker LLC

Listing Details

Status Active
MLS # 260007101
Days on Market 1

Property History

Jun 04, 2026
Listed for sale
$29,900
Property Overview
Lot Size 1.01 acres
Property Type Land
APN 003-132-15
Exterior & Lot
View Desert, Mountain(s), Park/Greenbelt, Valley
Financial
Annual Tax $259
HOA Fee $100 / Annually
HOA / Community Virginia City Highlands
Schools
Elementary School Gallagher, Hugh
Middle School Virginia City
High School Virginia City
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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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($5,980)
Home price
$29,900
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

Send a Message

Or call directly: (530) 317-0373