1305 Markwood Circle 102, Las Vegas, NV 89128, Las Vegas, 89128 - 2 bed, 2 bath
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1305 Markwood Circle 102
Las Vegas, NV 89128
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,192Sq Ft
0Lot Size
Property Price
LIST PRICE$235,000
EST. MARKET VALUE
$237,565
SUMMARY
This 2-bedroom condominium represents a Strong Value Opportunity, listed at a List Price of $235,000—positioned well below the $237,565 Fair Market Value by 1%. This valuation gap offers $2,565 in Instant Equity. Featuring a Functional Split Floor Plan, Granite Kitchen, and a private patio, the property maintains a Condition Rating of 3. While the short sale status requires patience, the move-in ready interior provides immediate utility. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add asset.
Estimated Market Value
$237,565
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 |
|---|---|---|---|---|---|---|
★ 1305 Markwood Circle 102 Subject 2 bd · 2 ba · 1,192 sqft · $199 | $235,000* List Price | 2 | 2 | 1,192 | $199 | - |
A 8056 Astrology Court 101 Sold 3 bd · 2 ba · 1,309 sqft · $223 · 0.4 mi | $291,875 | 3 | 2 | 1,309 | $223 | 0.4 mi |
B 7940 Decker Canyon Drive 201 Sold 2 bd · 2 ba · 1,136 sqft · $195 · 0.2 mi | $222,000 | 2 | 2 | 1,136 | $195 | 0.2 mi |
C 1150 North Buffalo Drive 2008 Sold 2 bd · 2 ba · 928 sqft · $210 · 0.3 mi | $195,000 | 2 | 2 | 928 | $210 | 0.3 mi |
D 1508 Truett Street 103 Sold 3 bd · 2 ba · 1,344 sqft · $220 · 0.3 mi | $295,200 | 3 | 2 | 1,344 | $220 | 0.3 mi |
E 937 Boulder Mesa Drive 201 Sold 2 bd · 2 ba · 912 sqft · $207 · 0.3 mi | $188,500 | 2 | 2 | 912 | $207 | 0.3 mi |
F 1325 Keifer Lane 201 Sold 2 bd · 2 ba · 1,192 sqft · $173 · 0.1 mi | $206,000 | 2 | 2 | 1,192 | $173 | 0.1 mi |
G 1501 Truett Street 204 Sold 2 bd · 2 ba · 1,204 sqft · $212 · 0.2 mi | $255,000 | 2 | 2 | 1,204 | $212 | 0.2 mi |
H 912 Falconhead Lane 201 Sold 2 bd · 2 ba · 912 sqft · $192 · 0.3 mi | $175,000 | 2 | 2 | 912 | $192 | 0.3 mi |
I 1317 Driscoll Drive 102 Pending 2 bd · 2 ba · 996 sqft · $221 · 0.0 mi | $219,800 List Price | 2 | 2 | 996 | $221 | 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.
The property is well-maintained and move-in ready. Built in 1993, it features partial updates including modern wood flooring, granite countertops, and stainless steel appliances in the kitchen. While the bathrooms and kitchen ceiling light box are somewhat dated, the overall condition is functional and clean.
PROSSTRENGTHS & OPPORTUNITIES
- Functional Split Floor Plan
The thoughtfully separated dual-primary layout offers enhanced privacy, making it ideal for roommates, guests, or a dedicated home office setup.
- Upgraded Interior Finishes
The inclusion of granite countertops and wood flooring provides a modern aesthetic and immediate value, reducing the need for initial surface-level renovations.
- Convenient Ground-Floor Access
As a first-floor unit in a gated community, the property offers easy accessibility and enhanced security while being situated near key shopping and freeway hubs.
CONSRISKS & DEFICIENCIES
- Short Sale Contingency
The sale is subject to lender approval, which typically results in extended closing timelines and increased transaction complexity for the buyer.
- Renovation Requirement
The property is noted for needing updates and value enhancement, indicating that buyers should budget for additional repairs or modernization to reach full market potential.
About 1305 Markwood Circle 102
Light-filled first-floor 2 bed, 2 bath condo in a gated community offering comfort and convenience. Open-concept layout features wood flooring, spacious living area, and a kitchen with granite countertops—ideal for everyday living or entertaining. Bedrooms are thoughtfully separated for added privacy, each with access to its own bath, perfect for guests or a home office setup. Conveniently located near shopping, dining, and freeway access. Privately situated within the community for added peace and security. Short sale subject to lender approval. Property offers potential for updates and value enhancement. Buyer subject to HOA guidelines.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1993
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $234 / Month
Neighborhood Insights
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 | 1,192 | 1,048.989 |
| Lot Size | - | 5,669.706 |
| Price | $235.0K | $221.6K |
| Price per sq ft | $197 | $210 |
| Built year | 1993 | 1996 |
| HOA | $234 | $254 |
| Days on market | 33 | 70 |
Pricing History
Listed for Sale
Sep 21, 2026
$235,000
Initial Listing