$47,500 Active
1853 Lousetown Road
Reno, NV 89521
STR Status Unknown
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About This Property

Embrace a lifestyle defined by natural beauty and endless possibilities in this serene setting. Fabulous 1.14 acre building parcel for your dream home! The property is elevated and captures stunning views of the rolling hills of the Virginia City Highland foothills. Electricity access runs along the front property line of the parcel. The land has been surveyed, corners are marked., There is a sign on the property. See document tab for obtaining the VC Highlands POA resale booklet, Rules and Regs, CCr's, other information

Listed by Cathy Hamel — Dickson Realty - Caughlin

Listing Details

Status Active
MLS # 230008927
Days on Market 1036

Property History

Aug 04, 2023
Listed for sale
$47,500
Property Overview
Lot Size 1.14 acres
Property Type Land
APN 003-142-01
Exterior & Lot
Lot Features Level, Open Lot, Sloped Up, Wooded, Corners Marked
View Desert, Mountain(s), Trees/Woods
Financial
Annual Tax $251
HOA Fee $100 / Annually
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% ($9,500)
Home price
$47,500
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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Or call directly: 530.613.5207