$225,000
Active
11524 Heartpine Street
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
About This Property
Build your dream home on this level **1.33-acre** parcel in Lemmon Valley! With **no HOA**, horse-friendly zoning, and plenty of room for an RV, shop, or recreational toys, this property offers endless possibilities. Enjoy peaceful mountain views and the perfect blend of country living with convenient access to shopping, schools, and major commuter routes. Buyer to verify utilities, zoning, and development requirements.
Listed by Carlos Armendariz — Ferrari-Lund R.E. Sparks
Listing Details
Status
Active
MLS #
260009763
Property History
Jul 30, 2026
Listed for sale
$225,000
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Sep 2023 | $135,000 | Tom McDonaldBerkshire Hathaway HomeService | Carlos ArmendarizFerrari-Lund R.E. Sparks |
MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed.
Property Overview
Lot Size
1.33 acres
Property Type
Land
Subdivision
Streeter 1
STR Jurisdiction
Washoe County
APN
080-372-04
Exterior & Lot
Lot Features
Level
Financial
Annual Tax
$335
Schools
Elementary School
Lemmon Valley
Middle School
OBrien
High School
North Valleys
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% ($45,000)
Home price
$225,000
Loan details
30-yr fixed, 6.5%
