$540,000 Active
404 Sierra Leaf Circle
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.0 Baths
·
1,310 Sq Ft

About This Property

Welcome to Casitas de la Sierra, a desirable 55+ community in Southwest Reno. This well-maintained 2-bedroom, 2-bath home offers 1,310 square feet of comfortable single-level living with high ceilings that create a bright, open feel. The spacious backyard is fully landscaped and provides a private setting for outdoor enjoyment, gardening, or relaxing. Enjoy the ease of low-maintenance living just minutes from Southwest Reno shopping, dining, and everyday conveniences. Don't miss this opportunity to own in one of the area's desirable active-adult communities!

Listed by James McCarthy — Dickson Realty - Carson City

Listing Details

Status Active
MLS # 260011989
Days on Market 3
Price/Sq Ft $412

Property History

Sep 17, 2026
Listed for sale
$540,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,310
Lot Size 0.13 acres
Stories 1
Year Built 2001
Property Type Single Family Residence
Subdivision Casitas De La Sierra
STR Jurisdiction Washoe County
APN 043-311-39
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Cul-De-Sac, Landscaped, Level
Construction Stucco
Roof Tile
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $2,746
HOA Fee $245 / Monthly
HOA / Community Casitas de la Sierra
Schools
Elementary School Huffaker
Middle School Marce Herz
High School Reno
HOA & Community
Community Amenities Clubhouse, Fitness Center, Gated, Landscaping, Parking, Recreation Room
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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% ($108,000)
Home price
$540,000
Loan details
30-yr fixed, 6.5%
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