1016 Willow Tree Drive C, Las Vegas, NV 89128, Las Vegas, 89128 - 2 bed, 2 bath
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Las Vegas, NV 89128
This Turnkey Condominium represents a Strong Value Opportunity, listed at $230,000—positioned well below the $231,334 Fair Market Value by 0.58%. This valuation gap offers $1,334 in Instant Equity. With an Excellent Condition Rating and a rare Attached 2-Car Garage, this asset is optimized for immediate rental performance. Its functional layout and proximity to major employers ensure consistent demand. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1016 Willow Tree Drive C Subject | $230,000* List Price | 2 | 2 | 1,050 | $220 | - |
A 6904 Round Tree Drive C Sold | $260,000 List Price | 2 | 2 | 1,050 | 0.0 mi | |
B 1017 Willow Tree Drive C Sold | $234,000 | 0 | 2 | 1,050 | $223 | 0.1 mi |
C 805 ROCK SPRINGS Drive 101 Sold | $180,000 | 2 | 2 | 912 | $197 | 0.2 mi |
D 713 Rock Springs Drive 101 Active | $215,000 List Price | 2 | 2 | 912 | $236 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1980, the property qualifies as Excellent due to a recent high-quality renovation (likely <5 years). Visuals show modern luxury vinyl plank flooring, updated contemporary railings, and fresh paint. The 'turnkey' description and mint interior condition indicate it is move-in ready with no immediate maintenance required.
The inclusion of an attached two-car garage is a high-demand feature for the Las Vegas condo market that commands premium rents and provides significant competitive advantage.
Positioned as a turnkey opportunity, the property features a functional two-story layout, private courtyard, and in-unit laundry, making it ready for immediate occupancy with minimal upfront effort.
The property is ideally situated near major employers and freeway access, ensuring consistent rental demand from professionals seeking proximity to shopping and dining hubs.
Built in 1980, the property may face higher long-term maintenance costs or require updates to major systems compared to newer developments in the surrounding area.
The immediate assigned public schools have lower performance ratings, which may limit the property's appeal to families and potentially impact long-term resale value.
Turnkey Investment opportunity in an established Willow Tree community! This 2 bedroom, 1.5 bathroom two story condo offers 1050 squared feet of rentable space with an attached 2 car garage- a high demand feature that commands premium rents in the Las Vegas Market. The functional layout, private courtyard, and in-unit laundry closet, makes this an attractive option for quality, long-term tenants. Situated near major employers, shopping, dinning, and with easy freeway access, this property checks every box in your rental demand.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades PK-5 • 0.7 mi
Grades PK-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,050 | 1,074 | 46% |
| Lot Size | - | 5 | 47% |
| Price | $230.0K | $190.0K | 68% |
| Price per sq ft | $219 | $212 | 63% |
| Built year | 1980 | 1992 | 1% |
| HOA | $267 | $186 | 75% |
| Days on market | 31 | 998 | 1% |
May 6, 2026
$230,000
Initial Listing