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Single Family ResidenceResidential
$2,665,579$643 / 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 90How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $1,315,000 on Aug 20, 2004

494 MIL DRAE LN

RENO, NV 89511
5
Beds
7 / 2
Baths
4,146 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.
2.48 ac
Lot SizeThe size of the land the home sits on, from county records.
1980
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
4
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$2.7M
$2.4M low$2.9M high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$1,315,000 · Aug 20, 2004

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$12,548 (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.$502,544 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$276,500
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$226,044
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$485,817
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$1,435,839

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.2.48
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
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Built-in
PoolWhether the property has a pool, and what kind, such as in-ground.Yes
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 165 ft²Patio · 557 ft²Porch · 1,987 ft²Outdoor kitchen

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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

E
Huffaker Elementary SchoolC+
Elementary · Grades KG–5 · 0.8 mi
M
Edward L. Pine Middle SchoolF
Middle · Grades 6–8 · 1.5 mi
H
Reno High SchoolA-
High · Grades 9–12 · 4.3 mi

District: Washoe County School District

Neighborhood · ZIP 89511These 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.65
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.88
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.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.28%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.4%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.30,600
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.217 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$125,651
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$164,317
Average tempThe average temperature here across a full year.42°F
Annual precipHow much rain and melted snow falls here in a typical year.38 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

494 Mil Drae Ln 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 more than 98% of homes in Washoe County
  • Costs more per square foot than 94% of homes in Washoe County
  • Bigger than 97% of homes in Washoe County
  • Has a bigger lot than 97% of homes in Washoe County
  • Older than 84% of homes in Reno 89511

What homes are worth in Reno 89511

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

This home
$246K$4.1M

This home is worth more than 91% of homes in Reno 89511.

How it measures up in Reno 89511

The dot is this home. The mark in the middle is the typical home in Reno 89511.

Estimated value$2,665,579
CheaperTypical $1,175,466Pricier

Pricier than 91% of homes nearby

Price per ft²$643
CheaperTypical $444Pricier

Pricier than 87% of homes nearby

Living area4,146 ft²
SmallerTypical 2,621 ft²Bigger

Bigger than 88% of homes nearby

Lot size2.48 ac
SmallerTypical 0.49 acBigger

Bigger than 92% of homes nearby

Year built1980
OlderTypical 1997Newer

Newer than 16% of homes nearby

How 494 Mil Drae Ln ranks against every home in each area.
MeasureThis homeReno 89511Washoe County
Estimated valuepricier than$2,665,57991% of homes98% of homes
Price per ft²pricier than$64387% of homes94% of homes
Living areabigger than4,146 ft²88% of homes97% of homes
Lot sizebigger than2.48 ac92% of homes97% of homes
Year builtnewer than198016% of homes32% of homes

About 494 Mil Drae Ln

How much is 494 Mil Drae Ln, Reno, NV worth?

The TopHap Estimate for 494 Mil Drae Ln, Reno, NV is $2,665,579 as of Jul 14, 2026. The likely range is $2,404,626 to $2,926,532. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 494 Mil Drae Ln, Reno, NV last sell?

494 Mil Drae Ln, Reno, NV last sold on Aug 20, 2004 for $1,315,000, according to the county's recorded deed.

How big is 494 Mil Drae Ln, Reno, NV?

494 Mil Drae Ln, Reno, NV has 5 bedrooms, 7 bathrooms, 4,146 square feet of living space and a 2.48-acre lot.

When was 494 Mil Drae Ln, Reno, NV built?

494 Mil Drae Ln, Reno, NV was built in 1980, making it 46 years old. The building has 2 stories.

What schools serve 494 Mil Drae Ln, Reno, NV?

494 Mil Drae Ln, Reno, NV is assigned to Huffaker Elementary School (elementary), rated C+; Edward L. Pine Middle School (middle), rated F; 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 494 Mil Drae Ln, Reno, NV compare to other homes in Reno 89511?

Among the 10,485 homes in Reno 89511, it is worth more than 91% of them ($2,665,579 against a typical $1,175,466), its price per square foot is higher than 87% of them ($643 against a typical $444), it is bigger than 88% of them (4,146 ft² against a typical 2,621 ft²), its lot is bigger than 92% of them (2.48 ac against a typical 0.49 ac) and it is newer than 16% of them (1980 against a typical 1997). Measured against all of Washoe County, it is worth more than 98% 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 494 Mil Drae Ln, Reno, NV?

The 2025 property tax bill for 494 Mil Drae Ln, Reno, NV was $12,548. The county assessed it at $502,544.

More homes on Mil Drae Ln

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