$499,999 Active
7559 Water View Way
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,049 Sq Ft
Virtual Tour

About This Property

Tucked away in South Reno, and under 500k, 7559 Water View Way awaits it's new owner! A peaceful and quiet neighborhood, enjoy sitting out in your back yard, looking up at Mt. Rose, with easy access to the mountains and Tahoe. Step inside, and this fully remodeled home is ready for you to move right in. From interior renovations, to important upgrades like furnace and water heater, you won't have to do a thing. The vaulted ceilings create an open and welcoming atmosphere, in this charming south Reno home. Come see it today, and see the allure of the neighborhood and home, that the current owners did when they purchased it.

Listed by Kyle Carrothers — eXp Realty, LLC

Listing Details

Status Active
MLS # 260011838
Days on Market 1
Price/Sq Ft $477

Property History

Sep 12, 2026
Listed for sale
$499,999
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,049
Lot Size 0.06 acres
Stories 1
Year Built 1993
Property Type Single Family Residence
Subdivision Country Estates 2
STR Jurisdiction Washoe County
APN 043-271-06
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Roof Composition, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $2,506
HOA Fee $95 / Monthly
HOA / Community Southwest Meadows
Schools
Elementary School Huffaker
Middle School Pine
High School Galena
HOA & Community
Community Amenities Parking
📊

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% ($100,000)
Home price
$499,999
Loan details
30-yr fixed, 6.5%
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