1050 East Cactus Avenue 1081, Las Vegas, NV 89183, Las Vegas, 89183 - 2 bed, 2 bath
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1050 East Cactus Avenue 1081
Las Vegas, NV 89183
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,048Sq Ft
5,628Lot Size
Property Price
LIST PRICE$243,000
EST. MARKET VALUE
$245,967
SUMMARY
This Single-Story Condominium is a Strong Value Opportunity, listed at $245,000—positioned well below the $249,976 Fair Market Value by 2%. This valuation gap offers $4,976 in Instant Equity for buyers. The property maintains a Condition Rating of 3, featuring modern upgrades like a 5-stage reverse osmosis system and smart home technology. Located in a district with Top-Rated Schools like Coronado High and Roger D Gehring Elementary, it is an ideal choice for first-time buyers or Owner-Occupants seeking a low-maintenance, move-in ready lifestyle.
Estimated Market Value
$245,967
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1050 East Cactus Avenue 1081 Subject | $243,000* List Price | 2 | 2 | 1,048 | $235 | - |
A 1050 East Cactus Avenue 2058 Sold | $210,000 | 2 | 2 | 1,048 | $200 | 0.1 mi |
B 1050 E Cactus Avenue 2017 Sold | $235,500 | 2 | 2 | 1,048 | $225 | 0.2 mi |
C 10245 S Maryland Parkway 2216 Sold | $271,000 List Price | 2 | 2 | 1,188 | 0.3 mi | |
D 1050 E Cactus Avenue 1021 Sold | $258,000 | 3 | 2 | 1,145 | $225 | 0.2 mi |
E 1050 E Cactus Avenue 1024 Sold | $250,000 | 2 | 2 | 1,145 | $218 | 0.2 mi |
F 1050 E CACTUS Avenue 1024 Sold | $250,000 | 3 | 2 | 1,145 | $218 | 0.2 mi |
G 555 E Silverado Ranch Boulevard 1028 Sold | $260,000 | 2 | 2 | 960 | $271 | 0.9 mi |
H 1050 East Cactus Avenue 1067 Active | $210,000 List Price | 2 | 2 | 1,048 | $200 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2001 (23 years old), the property has been well-maintained with significant modern updates including stone countertops, updated laminate flooring, and a newer water heater. It is functional and move-in ready, fitting the 5-15 year renovation profile.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Roger D Gehring Elementary School (9/10). High School: Coronado High School (9/10).
- Modern Functional Upgrades
The unit features several high-value modern conveniences, including a newer water heater, a 5-stage reverse osmosis drinking water system, and integrated smart home technology like a Ring doorbell.
- Single-Story Accessibility
As a single-story condominium, this residence offers effortless living and enhanced accessibility, making it an ideal choice for those seeking a low-maintenance lifestyle without stairs.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 2001, the property may soon require capital improvements or updates to major systems that are approaching the end of their typical life cycle.
- Recurring HOA Expenses
The monthly association fee of $260 adds a significant fixed cost to the monthly budget, which may impact the overall affordability for price-sensitive buyers.
About 1050 East Cactus Avenue 1081
Discover unparalleled comfort and modern living in this inviting Las Vegas condominium. This residence offers a seamless blend of style and convenience, ideal for a dynamic lifestyle. The well-appointed interior features two spacious bedrooms and two full bathrooms, providing ample privacy and comfort. Thoughtful details like ceiling fans enhance the living experience, ensuring year-round comfort. This single-story unit provides effortless living, making it an ideal retreat. Modern conveniences such as a newer water heater, a 5-stage drinking water reverse osmosis system with UV filtration, solar shades, and a Ring doorbell contribute to a comfortable and secure environment. Enjoy the benefits of a prime location, placing you within easy reach of local amenities and attractions. This condominium provides a unique chance to experience the best of city living while enjoying the tranquility of a residential setting. Its appealing design and strategic location make it a truly desirable home.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2001
- Lot Size
- 5,628 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $260 / Month
Neighborhood Insights
Las Vegas Unified Schools
Roberta C Cartwright Elementary School
Grades PK-5 • 1.1 mi
6/10
Roger D Gehring Elementary School
Grades PK-5 • 1.1 mi
9/10
John R Hummel Elementary School
Grades PK-5 • 1.1 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,048 | 1,059.468 |
| Lot Size | 5,628 | 6,055.359 |
| Price | $243.0K | $225.8K |
| Price per sq ft | $232 | $213 |
| Built year | 2001 | 1996 |
| HOA | $260 | $254 |
| Days on market | 28 | 71 |
Pricing History
Listed for Sale
Aug 31, 2026
$243,000
$245,000
-1% Price Drop
Initial Listing
Price Change
Aug 12, 2026
$245,000
Initial Listing