$499,000
Active
20990 David Drive
Reno, NV 89521
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3
Beds
·
3.5
Baths
·
2,292
Sq Ft
About This Property
In a beautiful location, but in extreme need of TLC and repair, 20990 David Drive is being sold as is with no warranties expressed or implied by the Trustee. Trustee has not ever occupied the property and does not warrant the home itself or any systems within the home or throughout the property. 2.149 acre site, the existing home is 2292 square feet, with 3 bedrooms, 3.5 baths, a separate living room, dining room and family room. Living space in the walkout basement includes a large room, an additional room space and a full bath. At the end of a culdesac and very private, this property is an opportunity for the right buyer.
Listed by Judith Harris — Chase International-Damonte
Listing Details
Status
Active
MLS #
260006242
Price/Sq Ft
$218
Property History
May 18, 2026
Listed for sale
$499,000
Property Overview
Beds
3
Baths
3.5
Sq. Ft.
2,292
Lot Size
2.19 acres
Stories
2
Year Built
1965
Property Type
Single Family Residence
Subdivision
Pleasant Valley Estates
APN
045-334-01
Parking
Garage Spaces
2
Total Parking
6
Parking Features
Attached, Garage, Garage Door Opener
Attached Garage
Yes
Exterior & Lot
Exterior Features
None
Lot Features
Cul-De-Sac, Gentle Sloping
View
Mountain(s), Ski Resort, Valley
Construction
Brick
Roof
Composition
Foundation
Crawl Space, Slab
Utilities & Systems
Heating
Baseboard, Oil
Cooling
Central Air
Financial
Annual Tax
$2,315
Schools
Elementary School
Pleasant Valley
Middle School
Marce Herz
High School
Galena
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% ($99,800)
Home price
$499,000
Loan details
30-yr fixed, 6.5%
