1105 Sulphur Springs Lane 202, Las Vegas, NV 89128, Las Vegas, 89128 - 2 bed, 2 bath
1105 Sulphur Springs Lane 202
Las Vegas, NV 89128
Property Price
SUMMARY
Analysis of 1105 Sulphur Springs Lane 202, Las Vegas, NV 89128 is currently available with a list price of $249,990. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features several modern upgrades including granite countertops, white cabinetry, and custom shutters. Although built in 1988, the interior has been refreshed with two-tone paint and updated kitchen finishes, making it well-maintained and functional without the need for immediate renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Financing Opportunity
The property features an assumable FHA loan at a 4.25% interest rate, providing a rare and significant financial advantage in the current high-rate market.
- Modern Interior Upgrades
This corner unit is move-in ready with high-end finishes including granite countertops, white cabinetry, custom shutters, and a cozy wood-burning fireplace.
- Desirable Unit Positioning
As a corner unit with a large covered patio and proximity to community amenities like pools and spas, the home offers superior privacy and accessibility.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1817, other record lot size in square feet = 3000.
- Aging Infrastructure
Built in 1988, the property may soon require updates to major systems or common areas that are typical for a building of this vintage.
- Underperforming School District
The assigned middle and high schools have lower performance ratings, which may limit the property's appeal to families and impact long-term appreciation.
About 1105 Sulphur Springs Lane 202
ASSUMABLE FHA LOAN 4.25%. Upgraded two bedroom corner unit condo. Beautiful granite counters, white cabinets and large breakfast bar. Cozy up to a wood burning fireplace in the living room. Custom shutters and two tone paint throughout. Large covered patio. Community offers 2 pools and spa and lots of parking adjacent to the unit. Don't miss this opportunity to purchase at 4.25%.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1988
- Lot Size
- 1,817 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $255 / Month
Neighborhood Insights
Las Vegas Unified Schools
Richard H Bryan Elementary School
Grades PK-5 • 0.7 mi
Edythe & Lloyd Katz Elementary School
Grades PK-5 • 1.1 mi
James B Mcmillan Elementary School
Grades PK-5 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 912 | 1,050 | 28% |
| Lot Size | 1,817 | 981 | 58% |
| Price | $250.0K | $200.0K | 79% |
| Price per sq ft | $274 | $210 | 97% |
| Built year | 1988 | 1994 | 4% |
| HOA | $255 | $181 | 73% |
| Days on market | 33 | 744 | 1% |
Pricing History
Listed for Sale
Feb 2, 2026
$249,990
Initial Listing