
Henderson, NV 89015
This property presents a High-Potential Investment Opportunity with a List Price of $315,000—positioned well below the $229,438 Fair Market Value by -37%. Given the Condition Rating of 5, the home requires a comprehensive interior and system overhaul. However, the prime location near the Water Street District and the high-performing Gordon McCaw Elementary School provide strong long-term fundamentals. This asset is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project in a high-demand Henderson neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 140 W Victory Road Subject | $315,000* List Price | 2 | 1 | 1,072 | $214 | - |
A 465 Annapolis Circle Sold | $369,000 | 3 | 2 | 1,112 | $332 | 1.0 mi |
B 41 LASWELL Street Sold | $325,000 | 3 | 2 | 1,264 | $257 | 0.5 mi |
C 223 W Basic Road Active | $249,999 List Price | 2 | 1 | 872 | $287 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1952 (74 years old) and the listing lacks any mention of recent renovations to the kitchen, bathrooms, or major systems. While the windows appear to be updated vinyl, the exterior stucco shows significant blotching and signs of deferred maintenance. Given the age and lack of documented upgrades, the home likely requires a full interior rehab and system overhaul to address safety and structural standards.
Elementary School: Gordon Mccaw Elementary School (9/10).
The property is situated within walking distance of Henderson's vibrant Water Street District, offering immediate access to a variety of shops, restaurants, art galleries, and entertainment venues.
The home is zoned for Gordon McCaw Elementary School, which boasts an impressive 9/10 rating, providing a significant advantage for families and long-term property value.
Built in 1952, the property may require updates to aging systems such as plumbing, electrical, or insulation to meet modern efficiency and safety standards.
The single-bathroom layout can be a significant drawback for multi-resident households and may limit the property's appeal compared to more modern 2-bathroom configurations.
This cozy house has plenty of parking and is conveniently located within walking distance of Henderson's vibrant Water Street District. Residents enjoy access to shops, restaurants, art galleries, casinos, and entertainment.
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades PK-5 • 1.1 mi
Grades PK-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 5% |
| Baths | 1.0 | 2.0 | 5% |
| Square foot | 1,072 | 1,608 | 6% |
| Lot Size | 5,227 | 6,534 | 8% |
| Price | $315.0K | $45.0K | 55% |
| Price per sq ft | $294 | $40 | 94% |
| Built year | 1952 | 1997 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 2788 | 1% |
May 19, 2026
$315,000
Initial Listing