15587 W RIO VISTA Lane, Goodyear, AZ 85338, Goodyear, 85338 - 3 bed, 2 bath
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Goodyear, AZ 85338
This Modernized Single-Family Residence is a Prime Investment Opportunity, listed at $373,000—positioned well below the $381,468 Fair Market Value by 2%. This valuation gap provides $8,468 in Instant Equity. Boasting a Condition Rating of 3, the home features a brand-new 2025 HVAC system, a renovated guest bathroom with a standalone tub, and rare No HOA restrictions. Located near the 5/10 rated Desert Edge High School, it offers long-term stability and lifestyle flexibility. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in-ready asset with immediate financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15587 W RIO VISTA Lane Subject | $373,000* List Price | 3 | 2 | 1,575 | $242 | - |
A 3520 S 160TH Lane Sold | $340,000 | 3 | 2 | 1,678 | $203 | 0.8 mi |
B 15673 W MAGNOLIA Street Sold | $365,000 | 3 | 3 | 1,500 | $243 | 0.2 mi |
C 2727 S 160th Lane Sold | $372,500 | 3 | 2 | 1,522 | $245 | 0.5 mi |
D 2095 S 155TH Lane Sold | $359,000 | 3 | 2 | 1,599 | $225 | 0.3 mi |
E 16047 W LARKSPUR Drive Sold | $270,000 | 3 | 2 | 1,305 | $207 | 0.7 mi |
F 15522 W MOHAVE Circle Sold | $340,000 | 3 | 2 | 1,206 | $282 | 0.5 mi |
G 15644 W HAMMOND Drive Active | $390,000 List Price | 3 | 2 | 1,502 | $260 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent upgrades that exceed its 1997 build date. Key improvements include a brand-new HVAC system (2025), a fully renovated guest bathroom with modern gold fixtures and a standalone tub, and a refreshed kitchen with a new backsplash and stainless steel appliances. The interior is well-maintained with updated wood flooring, fresh paint, and contemporary accent walls, though some original elements like kitchen countertops and floor tiling remain.
The air conditioning system and air handler were replaced in 2025, providing immediate energy efficiency and peace of mind in the Arizona climate.
Uniquely positioned within an HOA community but not subject to its fees or regulations, offering homeowners rare flexibility and monthly cost savings.
The home features stylish improvements including a refreshed kitchen, an updated guest bathroom with a standalone tub, and low-maintenance wood flooring.
At 4,825 square feet, the lot is relatively small, which may limit outdoor activities or future expansion compared to larger suburban parcels.
While the interior is updated, the 1997 construction means original components like the roof or plumbing may be approaching the end of their typical lifespan.
Take a look at this well-maintained 3-bedroom, 2-bath home in Goodyear, Arizona. This charming home features numerous updates, including newer interior paint, an updated guest bathroom with a beautiful standalone tub, electric fireplace, and a refreshed kitchen with new backsplash and stove vent. The AC system, including the air handler, was replaced in 2025 for added comfort and efficiency. Enjoy low-maintenance living with turf in the backyard and warm wood flooring that gives the home a cozy feel. Located within an HOA community but not subject to the HOA, offering added flexibility while still enjoying the neighborhood setting.
No exterior & parking available.
Grades K-8 • 0.3 mi
Grades 6-8 • 3.1 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,575 | 2,121 | 14% |
| Lot Size | 4,825 | 6,972 | 6% |
| Price | $373.0K | $385.0K | 48% |
| Price per sq ft | $237 | $201 | 71% |
| Built year | 1997 | 2007 | 5% |
| HOA | $0 | $156 | 3% |
| Days on market | 44 | 1686 | 0% |
Mar 9, 2026
$373,000
Initial Listing