$59,000
Active
505 Indian Lane
Reno, NV 89510
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
About This Property
This 10 acre parcel is Ideal for those seeking privacy, investment potential, or a blank canvas for a custom desert retreat, ranch, or off-grid development. The rugged terrain and native vegetation create a truly unique and inspiring setting, perfect for those drawn to the peace and power of the desert.
Listed by Jenna White — Dickson Realty - Sparks
Listing Details
Status
Active
MLS #
250050489
Days on Market
373
Property History
May 28, 2025
Listed for sale
$59,000
Property Overview
Exterior & Lot
Lot Features
Level
View
Desert
Financial
Annual Tax
$55
Schools
Elementary School
Taylor
Middle School
Shaw Middle School
High School
Spanish Springs
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% ($11,800)
Home price
$59,000
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: 530.613.5207
