$454,900
Active
736 Valmy Drive
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3
Beds
·
2.0
Baths
·
1,554
Sq Ft
About This Property
Built in 2022, this move-in ready home offers modern living in a newer community on a desirable lot with no rear neighbors. Featuring builder upgrades throughout, including taller cabinetry, an upgraded primary shower/tub combo, upgraded lighting, and a xeriscaped backyard with wraparound pavers. The versatile dining room can easily be converted into a dedicated office or a fourth bedroom to fit your needs. With all window treatments and appliances included, this home is completely turn-key and perfect for a first-time homebuyer. The open-concept floor plan creates a spacious feel that's perfect for everyday living and entertaining. This is one you won't want to miss !
Listed by Jasson Mendoza — AMRE
Listing Details
Status
Active
MLS #
260009785
Days on Market
8
Price/Sq Ft
$293
Property History
Jul 30, 2026
Listed for sale
$454,900
Property Overview
Beds
3
Baths
2.0
Sq. Ft.
1,554
Lot Size
0.11 acres
Stories
1
Year Built
2022
Property Type
Single Family Residence
Subdivision
North Valley Estates Unit 2
STR Jurisdiction
Washoe County
APN
568-181-10
Parking
Garage Spaces
2
Total Parking
4
Parking Features
Attached, Garage
Attached Garage
Yes
Exterior & Lot
Exterior Features
None
Lot Features
Landscaped, Level, Sprinklers In Front
Construction
Stucco
Roof
Composition, Pitched, Shingle
Foundation
Slab
Utilities & Systems
Heating
Forced Air, Natural Gas
Cooling
Central Air
Financial
Annual Tax
$3,938
HOA Fee
$35 / Monthly
HOA / Community
NV Flats HOA
Schools
Elementary School
Lemmon Valley
Middle School
OBrien
High School
North Valleys
HOA & Community
Community Amenities
None
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% ($90,980)
Home price
$454,900
Loan details
30-yr fixed, 6.5%
