1603 Teardrop Street, Las Vegas, NV 89142, Las Vegas, 89142 - 2 bed, 2 bath
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Las Vegas, NV 89142
This Single-Story Garden Home represents a Strong Value Opportunity with a List Price of $333,000—positioned well below the $347,475 Fair Market Value by 4%. This valuation gap provides $14,475 in Instant Equity for the incoming owner. Boasting a Condition Rating of 3, the residence features a newer roof, newer HVAC system, and a modernized granite kitchen. The absence of HOA fees and the inclusion of a private covered patio maximize financial flexibility and lifestyle comfort. This property is an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a turnkey, low-maintenance asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1603 Teardrop Street Subject | $333,000* List Price | 2 | 2 | 1,164 | $299 | - |
A 1171 Fall Breeze Drive Sold | $350,000 | 3 | 2 | 1,202 | $291 | 0.5 mi |
B 2250 Brassy Drive Sold | $380,000 | 3 | 2 | 1,227 | $310 | 0.6 mi |
C 5478 BURKSHIRE Drive Sold | $300,000 | 3 | 3 | 1,260 | $238 | 0.6 mi |
D 2229 Bowstring Drive Sold | $339,999 | 2 | 2 | 1,052 | $323 | 0.5 mi |
E 2229 Bowstring Drive Sold | $339,999 | 2 | 2 | 1,052 | $323 | 0.5 mi |
F 5857 RAINBOW BRIDGE Drive Sold | $359,900 | 3 | 2 | 1,334 | $270 | 0.8 mi |
G 5921 Sunrise Hills Drive Pending | $340,000 List Price | 2 | 2 | 1,051 | $324 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1984-built home is move-in ready and has been well-maintained with several key updates. Major systems have been addressed, including a newer roof and HVAC system. The kitchen features modern granite countertops and newer stainless-steel appliances, while the bathrooms show updated tile work and a contemporary walk-in shower. Although some original elements like popcorn ceilings and older light fixtures remain, the consistent tile flooring throughout and the overall cleanliness of the property meet the criteria for a 'good' condition score.
The absence of a homeowner association provides significant monthly savings and greater flexibility for the owner, a highly desirable feature in the Las Vegas market.
The property features a newer roof and a newer HVAC system, significantly reducing the risk of immediate high-ticket maintenance costs for the buyer.
With granite countertops, newer stainless-steel appliances, and tile flooring throughout, the home offers a move-in-ready aesthetic that appeals to modern buyers.
The two-bedroom configuration and 1,164 square footage may limit the buyer pool to individuals or small households, excluding larger families.
The assigned public schools have relatively low ratings, particularly the middle school with a 2/10, which may be a deterrent for education-focused families.
PERFECT STARTER HOME OR THE IDEAL OPPORTUNITY TO DOWNSIZE WITH NO HOA! THIS CHARMING SINGLE-STORY HOME FEATURES 2 SPACIOUS BEDROOMS, 2 BATHROOMS, AND 1,164 SQ FT OF COMFORTABLE LIVING SPACE. ENJOY TILE FLOORING THROUGHOUT AND A COZY, FUNCTIONAL LAYOUT COMPLETE WITH A GAS FIREPLACE FOR COOL EVENINGS AND A NEWER HVAC SYSTEM FOR YEAR-ROUND COMFORT. THE KITCHEN OFFERS GRANITE COUNTERTOPS, NEWER STAINLESS-STEEL APPLIANCES, AMPLE CABINETRY, AND A BREAKFAST BAR-STYLE COUNTER PERFECT FOR CASUAL DINING. BOTH BEDROOMS ARE GENEROUSLY SIZED, WITH WELL-APPOINTED BATHROOMS THAT PROVIDE CONVENIENCE FOR BOTH RESIDENTS AND GUESTS.STEP OUTSIDE TO A PRIVATE BACKYARD FEATURING A COVERED PATIO—IDEAL FOR RELAXING OR WEEKEND BBQS—ALONG WITH LOW-MAINTENANCE LANDSCAPING. ADDITIONAL HIGHLIGHTS INCLUDE A GATED FRONT ENTRY, 2-CAR GARAGE, AND A NEWER ROOF. CONVENIENTLY LOCATED NEAR SHOPPING, DINING, AND LOCAL AMENITIES
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 15% |
| Baths | 2.0 | 3.0 | 48% |
| Square foot | 1,164 | 1,594 | 17% |
| Lot Size | 4,356 | 4,792 | 47% |
| Price | $333.0K | $320.0K | 52% |
| Price per sq ft | $286 | $212 | 85% |
| Built year | 1984 | 1994 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 1367 | 1% |
Apr 8, 2026
$333,000
Initial Listing
Nov 24, 1998
$89,000
Public Record