Austin Nevada under 150,000 home
$
127,500
Pending
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Austin, Nevada
316 Toiyabe Rd
2
Beds
1
Baths
1582
Sq Ft
1977
Built

Acreage, Character Home, Garage

1977 Nevada Cabin on 1.6 Acres with BLM Access and a Bonus Parcel — $127,500

7

out of 10

HousesUnder150K Score

Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%

CategoryWt.ScoreDetail
Property Merit50%81.6 acres + .36-acre parcel, BLM access, mountain views, wood stove, metal roof, bonus room
Condition25%6Metal roof noted; 1977 build, no HVAC/window update dates; probate/as-is implied
Price / Sq Ft15%9Listing $81/sqft vs zip median $238/sqft — 66% below median; thin 3-comp data but directionally significant
Price vs. Market5%6$127,500 vs $170,000 zip median — approximately 25% below; thin 1-sale market
Market Conditions5%5Sale-to-list 103.1% competitive, but floor applies; DOM 5 vs median 15, neutral

The price per square foot is what stops you first. At $81, you're looking at a property in a zip where the median runs $238. That gap is wide enough to matter even accounting for how thin the comparable data is out here. One sale does not make a market, but the direction is hard to ignore.

The house itself is a 1977 two-bedroom, one-bath cabin in Kingston, Nevada, running 1,582 square feet. Metal roof, wood stove, a bonus room wedged between the garage and the dining area. The bonus room is exactly what it sounds like — extra space with no obvious label, which means you get to decide what it becomes. Office, storage, something else. The wood stove gives the place a cabin feel that is either exactly what you want or exactly what you don't, and that's a reasonable line to draw before you start making calls.

The 1.6 acres is fully fenced and backs directly to BLM land, which means the open space behind the property stays open. The Toiyabe Range sits in the background. There's also a separate .36-acre parcel at 10 Lander Court included in the sale, which adds a meaningful chunk of land to the picture. What you can do with it depends on zoning and buildability, both of which need verification.

The condition is the honest question mark. This is a probate sale, listed as-is. The metal roof is noted as a positive, and it probably is, but there are no dates on the HVAC or windows and no record of what has or hasn't been updated since 1977. You're buying a 48-year-old house with limited disclosure. That deserves a thorough inspection and some budget set aside for whatever surfaces.

Two acres of fenced Nevada high desert with BLM at the back fence, mountain views, and a price that sits 25% below the zip median. For someone who wants to be out here and has the patience for what probate involves, that combination is hard to find at this number.

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