$1,038,000 Active
2276 Texas Avenue
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit — capped at roughly 900 permits citywide, so availability varies. Verify current permit availability before counting on rental income.
3 Beds
·
2.5 Baths
·
2,303 Sq Ft
Virtual Tour

About This Property

Located in the desirable Tahoe Island Park neighborhood, this well-maintained three-bedroom, two-and-a-half-bath home offers an ideal combination of comfort, convenience, and outdoor recreation. Just outside the Tahoe Keys, the property is within easy access of scenic biking trails and a nearby trail leading to the shores of Lake Tahoe.The upstairs living floor plan features a spacious great room with vaulted ceilings, hardwood flooring, and a river rock gas fireplace, creating a warm and inviting gathering space. The adjacent front deck offers filtered meadow views and is the perfect place to relax or entertain. The kitchen is beautifully appointed with knotty alder cabinetry, granite slab countertops, and stainless steel appliances.The primary suite is conveniently located on the main living level and features an en suite bathroom with a jetted soaking tub, separate stall shower, dual-sink vanity, and generous closet space.Downstairs, you'll find a comfortable family room, two spacious guest bedrooms, and a full bathroom, providing plenty of room for family and visitors. Outside, the fully fenced backyard offers privacy and space for pets, kids, or summer barbecues.Whether you're looking for a full-time residence or a mountain retreat, this home offers a fantastic location close to Lake Tahoe, beaches, bike trails, shopping, dining, and year-round recreation.

Listed by Brent Johnson — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 143131
Sold Date 1800-01-01
Price/Sq Ft $451

Property History

Jun 30, 2026
Listed for sale
$1,038,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,303
Lot Size 0.14 acres
Stories 2
Year Built 2005
Property Type Single Family Residence
Subdivision Tahoe Island Park 4
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 023752012000
Parking
Garage Spaces 2
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
Construction Wood Frame,Wood Siding
Roof Pitched,Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air,Natural Gas
Cooling Forced Air,Natural Gas
Financial
HOA / Community South Tahoe Association of Realtors
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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%

STR Investment Summary — 2276 Texas Avenue, South Lake Tahoe

Est. Annual Revenue
$56,217
Avg Nightly Rate
$440
Projected Occupancy
34.7%
Cap Rate
2.2%
Structural Score: 60 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for South Lake Tahoe. Revenue projections are estimates and may vary.

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% ($207,600)
Home price
$1,038,000
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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