$410,000 Active
313 Greenbrae Drive
Sparks, NV 89431
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,435 Sq Ft
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About This Property

Sparks Classic with Room to Make It Your Own! Built in 1955, this 3-bedroom, 2-bath home offers classic character, a generous lot, and plenty of potential. With some TLC, this property could be transformed into a wonderful starter home or a personalized retreat. The spacious lot features mature trees and offers plenty of room to create your own private outdoor oasis, garden, entertaining space, or simply enjoy the extra room. Inside, you'll find a cozy fireplace, 2 functional living spaces, and a convenient 1-car garage. Best of all, there is no HOA, giving you more freedom to make the property your own. Conveniently located near shopping, schools, dining, and freeway access, this home combines a desirable Sparks location with an opportunity to add value and personal touches. A great option for buyers looking for space, location, and potential! Sale is subject to to Probate Court approval

Listed by Allison Arevalo — Real Broker LLC

Listing Details

Status Active
MLS # 260011325
Days on Market 12
Price/Sq Ft $286

Property History

Sep 01, 2026
Listed for sale
$410,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,435
Lot Size 0.15 acres
Stories 1
Year Built 1955
Property Type Single Family Residence
Subdivision Green Brae Terrace 7
STR Jurisdiction Washoe County
APN 033-021-09
Parking
Garage Spaces 1
Total Parking 3
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $858
Schools
Elementary School Greenbrae
Middle School Dilworth
High School Sparks
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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% ($82,000)
Home price
$410,000
Loan details
30-yr fixed, 6.5%
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