$484,928
NEW CONSTRUCTION $20K PRICE DROP

7477 Capstone Dr Unit Lot 5 Reno, NV 89506

Stead Neighborhood

Estimated payment $2,997/month

Total Views 7,893
3 Beds
2 Baths
1,501 Sq Ft
$323 Price per Sq Ft

Highlights

  • New Construction
  • ENERGY STAR Certified Homes
  • Covered Patio or Porch
  • Stokesdale Elementary School Rated A-
  • Great Room
  • 2 Car Attached Garage

About This Home

Don't miss this rare opportunity to own one of our beautifully designed model homes! Come see the Topaz floorplan at Arroyo Crossing. This single-story Farmhouse-style home is beautifully designed with three bedrooms, two bathrooms, and a two-car garage, all within 1,501 square feet of thoughtfully planned living space. As you enter, you'll find two bedrooms and a secondary bathroom before stepping into the open-concept living area that blends the kitchen, dining, and great room. The kitchen features shaker-style cabinetry, quartz countertops, and a large island with a built-in sink, creating an ideal space for entertaining. From the great room, you'll enjoy easy access to the laundry room and the primary suite, which offers a double vanity and a spacious walk-in closet for ultimate comfort. This model home is complete with smart home technology that lets you monitor and control your home from your phone. Located in the sought-after Arroyo Crossing community, this home combines style, convenience, and modern functionality. Furniture and artwork are not included in the sale. Photos are of the actual home.

Listing Agent

Missy Hinton

D.R. Horton License #S.191836 Listed on: 09/09/2025

Co-Listing Agent

Jeanette Maiss

D.R. Horton License #BS.145291

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,421

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 4,452 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned SF5

HOA Fees

  • $68 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Blown-In Insulation
  • Batts Insulation
  • Pitched Roof
  • Shingle Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 1,501 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Vinyl Clad Windows
  • Great Room
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Primary Bathroom includes a Walk-In Shower

Home Security

  • Smart Thermostat
  • Fire and Smoke Detector

Eco-Friendly Details

  • ENERGY STAR Certified Homes
  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Covered Patio or Porch

Schools

  • Lemmon Valley Elementary School
  • Obrien Middle School
  • North Valleys High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater
  • Internet Available
  • Centralized Data Panel
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • $350 Other Monthly Fees
  • The Management Trust Association, Phone Number (775) 284-4788
  • Built by D.R. Horton
  • The Terrace Community
  • Arroyo Crossing Phase 1 Subdivision
  • On-Site Maintenance
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 550-661-05

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,421

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$68 per month

Parking

2

Listing Details

  • Year Built: 2024
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Level, Sprinklers In Front
  • Lot Size Acres: 0.1
  • Road Frontage Type: Public
  • Is Senior Community?: No
  • Security Features: Keyless Entry, Smoke Detector(s)
  • Association Amenities: Maintenance Grounds
  • Association Fees: 68.0
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Maintenance Grounds
  • Has H O A?: Yes
  • Co List Office Mls Id: 1929-o
  • Co List Office Phone: 775-856-8456
  • Co List Office Mls Id: 1929-o
  • Co List Office Phone: 775-856-8456
  • Special Conditions: Standard
  • Subdivision Name: Arroyo Crossing Phase 1
  • Directions: Lemmon Valley to Military Road
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 1501.0
  • Is New Construction?: Yes
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Lemmon Valley
  • Tax Legal Middle Or Junior School2: OBrien
  • Tax Legal High School: North Valleys
  • Tax Legal Tax Annual Amount: 4420.8
  • Tax Legal Zoning4: SF5
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 68.0
  • Building Stories5: 1
  • Building Property Attached Y N: No
  • Lot Lot Size Acres2: 0.1
  • Lot Lot Size Square Feet2: 4452.0
  • Lot Horse Y N2: No
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Lot Features Level: Yes
  • Lot Features Sprinklers In Front: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Sprinklers Front: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Appliances Disposal: Yes
  • Outdoor Living Spaces Patio2: Yes
  • Security Features Smoke Detector(s): Yes
  • Sprinklers Drip System In Front: Yes
  • Appliances Microwave: Yes
  • Association Amenities Maintenance Grounds: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Stucco: Yes
  • Sprinklers Automatic: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: The Management Trust
  • Association Community Senior Community Y N3: No
  • Appliances Gas Range: Yes
  • Association Details Management Company Phone5: 775-284-4788
  • Water Heater Tankless: Yes
  • Appliances Included As Personal Property Gas Oven2: Yes
  • Appliances Included As Personal Property E N E R G Y S T A R Qualified Appliances: Yes
  • Cooling E N E R G Y S T A R Qualified Equipment: Yes
  • Water Heater E N E R G Y S T A R Qualified: Yes
  • Construction Materials Batts Insulation: Yes
  • Insulation Details Batts Insulation2: Yes
  • Insulation Details Blown- In Insulation2: Yes
  • Green Building Verification Type E N E R G Y S T A R Certified Homes: Yes
  • Building New Construction Y N3: Yes
  • Association Details Total Other Fees: 350.0
  • Levels One: Yes
  • Tax Legal Community Name5: Reno
  • Association Type Homeowners Association: Yes
  • Common Walls No Common Walls: Yes
  • Miscellaneous Zoning Info Historical District Y N: No
  • Outdoor Living Spaces Features Covered Patio: Yes
  • Association Fee Includes Maintenance Grounds2: Yes
  • Building Builder Name4: D.R. Horton
  • Building Community Name2: The Terrace
  • Construction Materials Blown- In Insulation: Yes
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Gas Range, Microwave
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Pantry, Smart Thermostat, Walk-In Closet(s)
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Low-Emissivity Windows, Vinyl Frames
  • Interior Living Area4: 1501.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Primary Bedroom Features Double Sinks: Yes
  • Primary Bedroom Features Shower Stall: Yes
  • Laundry Features Laundry Area: Yes
  • Laundry Features Laundry Room: Yes
  • Living Room Features Great Room3: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Window Features Low- Emissivity Windows: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Flooring Laminate: Yes
  • Dining Room Features Great Room4: Yes
  • Family Room Features Great Room5: Yes
  • Interior Features Smart Thermostat: Yes
  • Kitchen Features E N E R G Y S T A R Qualified Appliances2: Yes
  • Window Features E N E R G Y S T A R Qualified Windows: Yes
  • Interior Accessory Dwelling Unit Y N2: No

Exterior Features

  • Exterior Features: None
  • Roof: Pitched, Shingle
  • Stories: 1
  • Builder Name: D.R. Horton
  • Common Walls: No Common Walls
  • Construction Type: Batts Insulation, Blown-In Insulation, Stucco
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Patio
  • Roof Pitched: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 2.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 2.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 2.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 2.0
  • Parking Features Attached: Yes
  • Parking Features Garage Door Opener: Yes
  • Parking Features Garage: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected, Cellular Coverage, Centralized Data Panel, Water Meter Installed
  • Water Source: Public
  • Laundry Features: Laundry Area, Laundry Room
  • Cooling: Central Air, ENERGY STAR Qualified Equipment
  • Heating: ENERGY STAR Qualified Equipment, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Meter Installed: Yes
  • Utilities Internet Available: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Utilities Centralized Data Panel: Yes
  • Heating E N E R G Y S T A R Qualified Equipment2: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Water Connected: Yes

Condo/Co-op/Association

  • Association Name: The Management Trust

Schools

  • Middle Or Junior School: OBrien

Lot Info

  • Parcel Number: 550-661-05
  • Fencing: Back Yard
  • Lot Size Sq Ft: 4452.0
  • Zoning: SF5

Tax Info

  • Tax Annual Amount: 4420.8

MLS Schools

  • Elementary School: Lemmon Valley
  • HighSchool: North Valleys

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,397 $120,685 $29,855 $90,830
2024 $4,397 $14,679 $14,679 --
2023 -- $14,679 $14,679 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2025 11/07/25 Price Changed $484,928 -1.0% $323 / Sq Ft
11/05/2025 11/05/25 Price Changed $489,928 -1.0% $326 / Sq Ft
10/30/2025 10/30/25 Price Changed $494,928 -2.0% $330 / Sq Ft
09/09/2025 09/09/25 For Sale $504,928 -- $336 / Sq Ft
Source: Northern Nevada Regional MLS

Source: Northern Nevada Regional MLS

MLS Number: 250055660

Northern Nevada Regional MLS

APN: 550-661-05