$895,000 $1,025,000 ↓ $130,000 reduced Active Under Contract

4263 Muirwood Circle

Reno, NV 89509

✓ STR Allowed

Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

3 Beds

2.5 Baths

2,544 Sq Ft

About This Property

Southwest Reno Diamond in the Rough! An exceptional opportunity in Southwest Reno for a buyer with vision and a passion for transformation. This 3-bedroom, 2.5-bath home offers a comfortable, functional floor plan, solid bones, a spacious 3-car garage, and the added benefit of a new 40-year roof. Offered AS-IS, the home is ready for its next chapter. The kitchen is ready for a remodel, while interior and exterior paint, repairs, and landscaping provide an opportunity to personalize the property and unlock its full potential. Whether you're looking to create your forever home or seeking a renovation project with upside, this property offers an excellent foundation in desirable Southwest Reno. A true diamond in the rough—priced to sell and ready for your vision. Bring your offer!

Listed by John A von Brincken — Nevada Real Estate Services by Intero

Listing Details

Status Active Under Contract

MLS # 260007744

Days on Market 22

Price/Sq Ft $352

Property History

Sep 03, 2026

Listed for sale

$1,025,000

Sep 03, 2026

Price reduced

$895,000 $1,025,000 ↓ $130,000

Sep 03, 2026

Relisted

$895,000

Sep 04, 2026

Pending

$895,000

Property Overview

Beds 3

Baths 2.5

Sq. Ft. 2,544

Lot Size 0.34 acres

Stories 1

Year Built 1989

Property Type Single Family Residence

Subdivision Manzanita Estates

STR Jurisdiction Washoe County

APN 023-652-05

Parking

Garage Spaces 3

Total Parking 3

Parking Features Additional Parking, Attached, Garage, Garage Door Opener

Attached Garage Yes

Exterior & Lot

Exterior Features None

Lot Features Level

View Trees/Woods

Roof Composition, Pitched

Foundation Crawl Space

Utilities & Systems

Heating Forced Air, Natural Gas

Cooling Central Air

Financial

Annual Tax $6,399

Schools

Elementary School Caughlin Ranch

Middle School Swope

High School Reno

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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone

STRUCTURAL SCORE Excellent

PROJECTED GROSS ANNUAL REVENUE

$118K – $167K typically ~$142,500

~$11,875 per month

Avg Nightly

$485

Occupancy

68%

Cap Rate

5.2%

STR Investment Analysis

STRUCTURAL SCORE

PROJECTED GROSS ANNUAL REVENUE

Avg Nightly

Occupancy

Cap Rate

Est. NOI Net Operating Income = annual gross rental revenue minus operating expenses (cleaning, property management, taxes, insurance, HOA, utilities, maintenance, supplies) — but before mortgage payments.

We estimate it as NOI = Projected Annual Revenue × 40%, assuming ~60% of gross goes to operating expenses on a typical Tahoe STR.

NOI feeds the cap rate below: Cap Rate = NOI ÷ List Price.

Legal Occupancy

MONTHLY REVENUE

AVERAGE DAILY RATE

ADJUSTED OCCUPANCY

Estimates based on 2024-2025 comparable rental performance. Actual results vary.

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings

via bonus depreciation

Land Value

Improvement Basis

5-Year Property (18%)

15-Year Property (10%)

Tax Bracket:

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

Property taxes

HOA dues

From MLS listing data.

Home insurance

Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.

Down payment

20% ($179,000)

Home price

$895,000

Loan details

30-yr fixed, 6.5%

Start Time

End Time

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