$2,898 Active
1905 Palacia Pointe 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
·
2.0 Baths
·
1,719 Sq Ft

About This Property

Located in South Reno's desirable Damonte Ranch, this single-story 3-bedroom, 2-bathroom home features hard-surface flooring, upgraded shutters, and great natural light throughout. The kitchen features rich cabinetry, a center island, a refrigerator for tenant use, and a layout that opens seamlessly to the main living area. The spacious primary suite serves as a true retreat with a generous closet and an ensuite bath complete with dual sinks, a soaking tub, and a walk-in shower, while two additional bedrooms share a full bath with a shower-tub combination. The laundry room comes equipped with a washer and dryer for tenant use. Outside, enjoy low-maintenance landscaping and a large back paver patio perfect for cool evening gatherings. Ideally situated off Veterans Parkway near top-rated schools, parks, shopping, dining, and minutes from Mt. Rose and Lake Tahoe, this property welcomes one pet upon owner approval! Schedule your tour today! Tenant Responsibilities & Additional Fees Rent: 2,898.00 Utilities: Tenants are responsible for all utilities. Garbage & Sewer: 89.00 per month Water and Power: Tenant responsible for setting up services in their name Resident Benefit Package: Starting at 55.00 per month If Property is Serviceable: High Speed Internet: Starting at 65.00 per month Security Deposit: 2,998.00 One Time Administrative Fee: 195.00 **For properties that allow pets, the additional fees below may apply: Additional Deposit - 500.00 minimum per pet Pet Rent - 35.00 per pet per month One Time Pet Onboarding Fee - 150.00 per pet Advertised rent reflects the base rent only; all additional fees above apply. Owners typically accept applicants with a 650+ credit score and a combined monthly income of at least 3x rent. At The Martin Team at Dickson Realty we strive to provide an experience that is cost-effective and convenient. That's why tenants participate in a Resident Benefits Package (RBP) to address common headaches for our residents and provide must-have services for our renters. All residents are enrolled in the Resident Benefits Package (RBP) for 55.00/month which includes liability insurance, credit building to help boost the resident's credit score with timely rent payments, up to 1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! *If you provide your own insurance policy, the RBP cost will be reduced by the amount of the insurance premium billed by Second Nature Insurance Services (NPN No. 20224621). If this property is eligible for service, tenants will be enrolled in high-speed internet service with speeds up to 1 Gig for a discounted group rate of 65/month. The package includes 24/7 premium support and move-in setup assistance to help you get connected quickly. If available at the property, tenants will be enrolled in this internet package. Additional details will be provided upon application approval.

Listed by David Martin — Dickson Realty - Sparks

Listing Details

Status Active
MLS # 260011190
Days on Market 9
Price/Sq Ft $2

Property History

Aug 28, 2026
Listed for sale
$2,898
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,719
Lot Size 0.14 acres
Stories 1
Year Built 2014
Property Type Single Family Residence
Subdivision Damonte Ranch V Villages 1 & 2 Unit 1
STR Jurisdiction Washoe County
APN 141-065-08
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage
Attached Garage Yes
Utilities & Systems
Heating Forced Air
Cooling Central Air
Schools
Elementary School Nick Poulakidas
Middle School Depoali
High School Damonte
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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% ($580)
Home price
$2,898
Loan details
30-yr fixed, 6.5%
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