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Single Family ResidenceResidential
$719,589$372 / 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 Aug 30, 2026

5540 CYPRESS POINT DR

RENO, NV 89502
3
Beds
2
Baths
1,935 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.
0.44 ac
Lot SizeThe size of the land the home sits on, from county records.
1977
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

$720K
$651K low$788K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,424 (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.$129,973 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$88,813
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$41,160
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$121,708
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$371,349

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.0.44
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.Concrete
HeatingThe type of heating system in the home.Forced Air
CoolingThe type of cooling or air conditioning in the home.Yes
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, 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.Deck · 240 ft²Patio · 240 ft²Porch · 1,180 ft²

Transaction History(1)

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
Hidden Valley Elementary SchoolC
Elementary · Grades KG–5 · 1.3 mi
M
Edward L. Pine Middle SchoolF
Middle · Grades 6–8 · 2.9 mi
H
Earl Wooster High SchoolC
High · Grades 9–12 · 3.4 mi

District: Washoe County School District

Neighborhood · ZIP 89502These 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.119
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.95
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.284

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.13%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.14%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.6%
PopulationHow many people live in this area.46,975
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,681 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$60,973
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$75,716
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.9 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

5540 Cypress Point 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 more than 89% of homes in Reno 89502
  • Costs more per square foot than 80% of homes in Hidden Valley
  • Bigger than 80% of homes in Reno 89502
  • Has a bigger lot than 93% of homes in Reno 89502
  • Older than 75% of homes in Washoe County

What homes are worth in Reno 89502

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

This home
$163K$1M

This home is worth more than 89% of homes in Reno 89502.

How it measures up in Reno 89502

The dot is this home. The mark in the middle is the typical home in Reno 89502.

Estimated value$719,589
CheaperTypical $462,115Pricier

Pricier than 89% of homes nearby

Price per ft²$372
CheaperTypical $331Pricier

Pricier than 75% of homes nearby

Living area1,935 ft²
SmallerTypical 1,276 ft²Bigger

Bigger than 80% of homes nearby

Lot size0.44 ac
SmallerTypical 0.15 acBigger

Bigger than 93% of homes nearby

Year built1977
OlderTypical 1977Newer

Newer than 52% of homes nearby

How 5540 Cypress Point Dr ranks against every home in each area.
MeasureThis homeHidden ValleyReno 89502Washoe County
Estimated valuepricier than$719,58932% of homes89% of homes69% of homes
Price per ft²pricier than$37280% of homes75% of homes67% of homes
Living areabigger than1,935 ft²25% of homes80% of homes60% of homes
Lot sizebigger than0.44 ac62% of homes93% of homes85% of homes
Year builtnewer than197733% of homes52% of homes25% of homes

About 5540 Cypress Point Dr

How much is 5540 Cypress Point Dr, Reno, NV worth?

The TopHap Estimate for 5540 Cypress Point Dr, Reno, NV is $719,589 as of Aug 30, 2026. The likely range is $651,071 to $788,107. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 5540 Cypress Point Dr, Reno, NV?

5540 Cypress Point Dr, Reno, NV has 3 bedrooms, 2 bathrooms, 1,935 square feet of living space and a 0.44-acre lot.

When was 5540 Cypress Point Dr, Reno, NV built?

5540 Cypress Point Dr, Reno, NV was built in 1977, making it 49 years old. The building has 1 story.

What schools serve 5540 Cypress Point Dr, Reno, NV?

5540 Cypress Point Dr, Reno, NV is assigned to Hidden Valley Elementary School (elementary), rated C; Edward L. Pine Middle School (middle), rated F; Earl Wooster High School (high), rated C. All sit in Washoe County School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5540 Cypress Point Dr, Reno, NV compare to other homes in Reno 89502?

Among the 9,666 homes in Reno 89502, it is worth more than 89% of them ($719,589 against a typical $462,115), its price per square foot is higher than 75% of them ($372 against a typical $331), it is bigger than 80% of them (1,935 ft² against a typical 1,276 ft²), its lot is bigger than 93% of them (0.44 ac against a typical 0.15 ac) and it is newer than 52% of them (1977 against a typical 1977). Measured against all of Washoe County, it is worth more than 69% 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 5540 Cypress Point Dr, Reno, NV?

The 2025 property tax bill for 5540 Cypress Point Dr, Reno, NV was $2,424. The county assessed it at $129,973.

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