$799,000
2244 Texas Avenue
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit. Permits are available citywide.
4 Beds
·
3.0 Baths
·
2,148 Sq Ft
·
6098 Lot

About This Property

This great two-story home is located in the Tahoe Island Park area close to Tahoe Keys and the Lake. Four bedrooms, 3 bath, 1 car garage with room for a possible RV or small trailer next to garage. Close to hiking and bike trails, as well as Tahoe Keys path to the Lake where you can enjoy the sun and beauty that surrounds you!Majestic Lake Tahoe is world-known for its beauty and year-round outdoor activities, whether you are looking to make Tahoe your home or Home-Away-from-Home! Come and live the life that Tahoe offers!NOTE: Property is located in the Tahoe Park Add 04 and may be eligible for TKBHA membership in theTahoe Keys Beach and Harbor Association. Please check with agent.

Listed by Pamela Bettencourt — Coldwell Banker Select - LTB

Listing Details

Status Active
MLS # 140646
Days on Market 583
Sold Date 1800-01-01
Price/Sq Ft $372

Property History

Aug 15, 2024
Listed for sale
$799,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,148
Lot Size 0.14 acres
Stories 2
Year Built 1981
Property Type Single Family Residence
Style Split Level
Subdivision Tahoe Island Park 4
APN 023756016000
Parking
Garage Spaces 1
Parking Features 1.00
Attached Garage Yes
Exterior & Lot
Exterior Features Storage Shed
Construction Wood Frame,Wood Siding
Roof Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Fireplace
Cooling Fireplace
Financial
Annual Tax $3,617
HOA / Community South Tahoe Association of Realtors
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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 ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($159,800)
Home price
$799,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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