$699,000
Active
7811 Morgan Pointe Circle
Reno, NV 89523
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3
Beds
·
2.0
Baths
·
1,879
Sq Ft
About This Property
Great location in Somersett at the 3rd roundabout, walking distance to the town center, pools, par 3 golf and 3 restaurants. Well cared for one level home with very private backyard with large paver patio and patio cover. Carpet and paint are newer and this is a nice entertaining floor plan. Exterior has just been painted! This is a Somersett best buy. "Open house Saturday May 23 from 2-5"
Listed by David Hughes — Dickson Realty - Caughlin
Listing Details
Status
Active
MLS #
260005408
Days on Market
19
Price/Sq Ft
$372
Property History
May 01, 2026
Listed for sale
$699,000
Property Overview
Beds
3
Baths
2.0
Sq. Ft.
1,879
Lot Size
0.15 acres
Stories
1
Year Built
2002
Property Type
Single Family Residence
Subdivision
Morgan Pointe @ Somersett
APN
232-071-02
Parking
Garage Spaces
2
Total Parking
2
Parking Features
Attached, Garage
Attached Garage
Yes
Exterior & Lot
Exterior Features
Awning(s), Rain Gutters
Lot Features
Common Area, Level, Sprinklers In Front, Sprinklers In Rear
View
Mountain(s), Trees/Woods
Construction
Stucco
Roof
Pitched, Tile
Foundation
Crawl Space
Utilities & Systems
Heating
Forced Air, Natural Gas
Cooling
Central Air
Financial
Annual Tax
$3,640
HOA Fee
$206 / Monthly
HOA / Community
Somersett HOA
Schools
Elementary School
Westergard
Middle School
Billinghurst
High School
McQueen
HOA & Community
Community Amenities
Clubhouse, Fitness Center, Golf Course, Life Guard, Management, Pool, Recreation Room, Sauna, Spa/Hot Tub, Tennis Court(s)
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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($139,800)
Home price
$699,000
Loan details
30-yr fixed, 6.5%
