$428,500 $440,000 ↓ $11,500 reduced Active
1125 Dodson Way
Sparks, NV 89431
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
1.0 Baths
·
1,044 Sq Ft

About This Property

Welcome to your next home in Greenbrae Terrace of Sparks! This charming single story home offers a nice functional floor plan in a location with a walking path to a shopping center, parks and schools. Recently refreshed from top to bottom, you'll see all new interior paint, brand new flooring, upgraded kitchen with new counter tops and cabinet face lift. The home was professionally painted, new concrete pad for the driveway and front yard, brand new roof offering piece of mind for years to come. The updated bathroom features modern tilework with a clean, airy feel while the three bedrooms offer cozy retreats for rest, work or play. Outside, the large fenced backyard is a blank canvas whether you envision a lush garden, play space, or private entertaining area. The laundry room is plumbed for a shower, toilet and a sink. It is just waiting for you to make it happen.

Listed by Piper Schulze — Dickson Realty - Damonte Ranch

Listing Details

Status Active
MLS # 260002437
Days on Market 173
Price/Sq Ft $410

Property History

Mar 05, 2026
Listed for sale
$440,000
Jul 11, 2026
Price reduced
$428,500 $433,000 ↓ $4,500
Property Overview
Beds 3
Baths 1.0
Sq. Ft. 1,044
Lot Size 0.15 acres
Stories 1
Year Built 1959
Property Type Single Family Residence
Subdivision Green Brae Terrace Westerly Addition H
STR Jurisdiction Washoe County
APN 027-233-20
Parking
Garage Spaces 1
Total Parking 2
Parking Features Attached, Garage, Parking Pad
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air
Financial
Annual Tax $794
Schools
Elementary School Maxwell
Middle School Sparks
High School Sparks
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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% ($85,700)
Home price
$428,500
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message

By submitting, you agree to our Terms of Service and Privacy Policy and consent to being contacted by Real Estate Tahoe.