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Single Family ResidenceResidential
$448,539$299 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $82,000 on Aug 1, 1981

1240 MAJESTIC DR

RENO, NV 89503
4
Beds
2
Baths
1,500 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.18 ac
Lot SizeThe size of the land the home sits on, from county records.
1968
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$449K
$420K low$477K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$82,000 · Aug 1, 1981

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$61,453 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$39,795
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$21,658
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$58,769
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$175,580

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.5 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.26%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyWashoe
Lot (acres)The size of the land the home sits on, from county records.0.18
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Forced Air
CoolingThe type of cooling or air conditioning in the home.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 20 ft²

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Elmcrest Elementary SchoolC-
Elementary · Grades KG–5 · 0.5 mi
M
Archie Clayton Middle SchoolC+
Middle · Grades 6–8 · 0.8 mi
H
Reno High SchoolA-
High · Grades 9–12 · 1.3 mi

District: Washoe County School District

Neighborhood · ZIP 89503These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.116
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.87
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.292

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.21%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.18%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.8%
PopulationHow many people live in this area.28,352
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4,321 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$64,567
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$87,710
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.10 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.79%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1240 Majestic Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 76% of homes in Washoe County
  • Costs less per square foot than 74% of homes in Old Northwest
  • Has a bigger lot than 73% of homes in Reno 89503
  • Older than 85% of homes in Washoe County

What homes are worth in Reno 89503

Each bar is how many homes fall in that price range. The marker is this home.

This home
$183K$729K

This home is worth more than 38% of homes in Reno 89503.

How it measures up in Reno 89503

The dot is this home. The mark in the middle is the typical home in Reno 89503.

Estimated value$448,539
CheaperTypical $476,511Pricier

Pricier than 38% of homes nearby

Price per ft²$299
CheaperTypical $326Pricier

Pricier than 34% of homes nearby

Living area1,500 ft²
SmallerTypical 1,376 ft²Bigger

Bigger than 60% of homes nearby

Lot size0.18 ac
SmallerTypical 0.15 acBigger

Bigger than 73% of homes nearby

Year built1968
OlderTypical 1971Newer

Newer than 46% of homes nearby

How 1240 Majestic Dr ranks against every home in each area.
MeasureThis homeOld NorthwestReno 89503Washoe County
Estimated valuepricier than$448,53932% of homes38% of homes24% of homes
Price per ft²pricier than$29926% of homes34% of homes32% of homes
Living areabigger than1,500 ft²62% of homes60% of homes36% of homes
Lot sizebigger than0.18 ac71% of homes73% of homes51% of homes
Year builtnewer than196861% of homes46% of homes15% of homes

About 1240 Majestic Dr

How much is 1240 Majestic Dr, Reno, NV worth?

The TopHap Estimate for 1240 Majestic Dr, Reno, NV is $448,539 as of Sep 24, 2026. The likely range is $419,902 to $477,176. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1240 Majestic Dr, Reno, NV last sell?

1240 Majestic Dr, Reno, NV last sold on Aug 1, 1981 for $82,000, according to the county's recorded deed.

How big is 1240 Majestic Dr, Reno, NV?

1240 Majestic Dr, Reno, NV has 4 bedrooms, 2 bathrooms, 1,500 square feet of living space and a 0.18-acre lot.

When was 1240 Majestic Dr, Reno, NV built?

1240 Majestic Dr, Reno, NV was built in 1968, making it 58 years old. The building has 1 story.

What schools serve 1240 Majestic Dr, Reno, NV?

1240 Majestic Dr, Reno, NV is assigned to Elmcrest Elementary School (elementary), rated C-; Archie Clayton Middle School (middle), rated C+; Reno High School (high), rated A-. All sit in Washoe County School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1240 Majestic Dr, Reno, NV compare to other homes in Reno 89503?

Among the 8,860 homes in Reno 89503, it is worth more than 38% of them ($448,539 against a typical $476,511), its price per square foot is higher than 34% of them ($299 against a typical $326), it is bigger than 60% of them (1,500 ft² against a typical 1,376 ft²), its lot is bigger than 73% of them (0.18 ac against a typical 0.15 ac) and it is newer than 46% of them (1968 against a typical 1971). Measured against all of Washoe County, it is worth more than 24% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1240 Majestic Dr, Reno, NV?

The 2025 property tax bill for 1240 Majestic Dr, Reno, NV was $3. The county assessed it at $61,453.

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