1050 East Cactus Avenue 1067, Las Vegas, NV 89183, Las Vegas, 89183 - 2 bed, 2 bath
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Las Vegas, NV 89183
This High-Potential Investment Opportunity is listed at a List Price of $248,000, positioned slightly above the $237,128 Fair Market Value. While the property requires cosmetic updates to meet modern standards, its Fair Condition Rating and ground-floor accessibility in a gated Silverado Ranch community offer significant upside. Zoned for top-tier education, including Coronado High School (9/10) and Roger D Gehring Elementary (9/10), this unit provides a stable foundation for long-term growth. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Silverado Ranch condo for sale. 2 bed, 2 bath, ground floor unit in gated community with pool. Top-rated schools, near shopping. Great value-add opportunity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1050 East Cactus Avenue 1067 Subject | $248,000* List Price | 2 | 2 | 1,048 | $226 | - |
A 1050 E Cactus Avenue 2073 Sold | $240,000 | 2 | 2 | 1,048 | $229 | 0.0 mi |
B 1050 E Cactus Avenue 1024 Sold | $250,000 | 2 | 2 | 1,145 | $218 | 0.1 mi |
C 1050 E CACTUS Avenue 1024 Sold | $250,000 | 3 | 2 | 1,145 | $218 | 0.1 mi |
D 1050 E Cactus Avenue 2017 Sold | $235,500 | 2 | 2 | 1,048 | $225 | 0.1 mi |
E 1050 E Cactus Avenue 1085 Sold | $275,000 | 3 | 2 | 1,145 | $240 | 0.1 mi |
F 555 E Silverado Ranch Boulevard 2168 Sold | $225,000 | 2 | 2 | 960 | $234 | 1.0 mi |
G 1050 E Cactus Avenue 1080 Active | $250,000 List Price | 3 | 2 | 1,145 | $218 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002, this 24-year-old property is over the 20-year threshold for a 'Good' rating. The interior shows dated features including original builder-grade doors and worn carpeting. While the community is well-maintained, the unit itself likely requires cosmetic updates to the kitchen, baths, and flooring to meet modern standards.
Elementary School: Roger D Gehring Elementary School (9/10). High School: Coronado High School (9/10).
The unit's ground-floor location offers superior accessibility and convenience, eliminating the need for stairs and providing seamless access to the private covered patio.
The property is situated within a high-performing school district, featuring top-rated institutions such as Coronado High School and Roger D Gehring Elementary, both rated 9/10.
The $265 monthly association fee represents a significant recurring carrying cost that buyers must factor into their long-term affordability calculations.
As a first-floor residence in a multi-level complex, the unit may experience increased noise transfer from upper-level neighbors and common area foot traffic.
First floor Condo in Silverado Ranch! 2 bedrooms, 2 bathrooms, with spacious living area and covered patio. Located in a gated community with a community pool, spa & fitness center. Conveniently located near shopping, dining & freeway access.
No exterior & parking available.
Grades PK-5 • 1.1 mi
Grades PK-5 • 1.1 mi
Grades PK-5 • 1.2 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 | 1,048 | 1,049 | 46% |
| Lot Size | 5,628 | 5,193 | 63% |
| Price | $248.0K | $235.5K | 54% |
| Price per sq ft | $237 | $229 | 66% |
| Built year | 2002 | 2001 | 74% |
| HOA | $265 | $186 | 83% |
| Days on market | 19 | 539 | 3% |
May 18, 2026
$248,000
Initial Listing