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$450,000

1069 Palmwood Dr Sparks, NV 89434

3 beds
2 full
1,321 sqft
0.1 acres
$341 / sqft
House

Property details

About 1069 Palmwood Dr

This tenant-occupied rental delivers cash flow from day one—no need to market or guess on rents. More investors are now targeting tenant-occupied homes like this one as an easier, faster way to grow their portfolio with clarity and income from the start. Leased at 2,175/month through July 1, 2026, with full analytics available. Features include 3 bedrooms, 2 bathrooms, 1,321 sqft, and a freshly painted exterior (2024). 4.9 Cap Rate on actual rents. Professionally maintained with annual inspections, responsive repairs, and routine filter replacements. Available individually or with 1544 Woodhaven Ln and 1218 Junction Dr as part of a nearby Sparks portfolio, for 1,295,000 for all three properties combined. Drive by only. Do not disturb tenants. Contact the listing agent for individual or portfolio financials.

Highlights

Home typeSingle Family Residence
HeatingFireplace(s), Forced Air
StatusActive
CoolingCentral Air
Size1,321 sqft
Lot size0.15 Acres
Year built1977
ParkingAttached, Garage, Garage Door Opener
MLS #250052193
Attached garage2 spaces
FireplaceGas

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Electric Cooktop, Electric Range, Washer
  • Flooring Type: Varies
  • Interior: Ceiling Fan(s)
  • Fireplace: Gas
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Private Pool: No
  • Parking: Attached, Garage, Garage Door Opener
  • Exterior: None, Fully Fenced
  • Heating: Fireplace(s), Forced Air
  • Cooling: Central Air
  • List Price: $450,000
  • Price/SqFt: $340
  • Annual Tax Amount: $1,607
  • Tax Year: 2023
  • Year Built: 1977
  • Stories: 1
  • Living Area: 1,321 SqFt
  • Lot Size: 0.15 Acres
  • MLS Number: 250052193
  • Office Name: Address Income
  • Office Phone: (775) 233-0754
  • Listing Agent: Jake Andronico, Trevor Richardson

IDX Copyright © 2025 Northern Nevada Regional MLS. All rights reserved.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by other brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information is supplied by seller and other third parties and has not been verified.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/26/2025, 3:40:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Mar 16, 2017
Home Sold
$261,000
Jun 14, 1995
Home Sold
$122,500
May 07, 1993
Home Sold
$105,000

Tax history

YearAssessmentProperty Tax
2023$58,462$1,607
2022$46,643$1,489
2021$42,043$1,379
2020$41,525$1,379
2019$41,258$1,234
2018$34,946$1,179
2017$34,627$1,133

History based on county public records data.

Nearby schools

3

Jerry Whitehead Elementary School

Public District KG-5

0.9 mi

3570 Waterfall Dr

4

Katherine Dunn Elementary School

Public District KG-5

0.9 mi

1135 O Callaghan Dr

4

Lena Juniper Elementary School

Public District KG-5

1.0 mi

225 Queen Way

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $60,664. The most common annual income of people living in Sparks, NV is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

25%
<35k
60%
35k-100k
13%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

47%
Single, No Kids
18%
Single, with Kids
23%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
9%
12-17 yrs old
23%
18-34 yrs old
42%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Stein MartStein Mart
  • Chico'sChico's
  • Sam's ClubSam's Club

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • Bob EvansBob Evans
  • White CastleWhite Castle

What do the neighbors drive?

  • BuickBuick
  • OldsmobileOldsmobile
  • ChevroletChevrolet

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • NewsNews
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1069 Palmwood Dr

The listing price of 1069 Palmwood Dr property is $450,000.

The property 1069 Palmwood Dr is a house located in Sparks, Nevada, 89434.

Active Listing: 1069 Palmwood Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1069 Palmwood Dr are: Jerry Whitehead Elementary School (GreatSchools Rating 3/10), Katherine Dunn Elementary School (GreatSchools Rating 4/10), Lena Juniper Elementary School (GreatSchools Rating 4/10), Lou Mendive Middle School (GreatSchools Rating 5/10), George L. Dilworth Middle School (GreatSchools Rating 5/10), Sparks Middle School (GreatSchools Rating 2/10), Edward C. Reed High School (GreatSchools Rating 3/10), Sparks High School (GreatSchools Rating 2/10), Washoe Inspire Academy (GreatSchools Rating 1/10).

According to the records, the last property tax for 2023 is $1,607 (source: MLS/based on county public records data).

The last sale was on March 16, 2017 for $261,000 (source: MLS/tax record).

The property at 1069 Palmwood Dr has 3 bedrooms and 2 bathrooms.

The property 1069 Palmwood Dr is 1,321 SqFt (source: MLS/tax record).

The year of construction for 1069 Palmwood Dr is 1977.

This home is located at 1069 Palmwood Dr in Sparks, NV and zip code 89434. This 1,321 square foot home, which was built in 1977, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 27, 2025 and is currently priced at $450,000.

In June 2025, from all listings sold in Sparks, NV there were more than 30 sold above asking price, over 58 sold below and more than 39 were sold right at the asked price. In June 2025 in Sparks, NV there were 5.2% more homes for sale than in May. While the average time on the market in June 2025 was 73 days, the median list price was $531,000.

From Rocket Homes Real Estate and based on county public records data.

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