1830 North Pecos Road 230, Las Vegas, NV 89115, Las Vegas, 89115 - 1 bed, 1 bath
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Las Vegas, NV 89115
This condo presents a High-Potential Investment Opportunity with a List Price of $130,000—positioned well above the $112,540 Fair Market Value by 15%. While the property requires cosmetic updates to improve its Condition Rating of 4, the unit offers a functional layout with a private patio and breakfast bar. Despite the high HOA fees and lower-rated local schools, the proximity to Downtown Las Vegas ensures consistent rental demand. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1830 North Pecos Road 230 Subject | $130,000* List Price | 1 | 1 | 675 | $167 | - |
A 1830 N Pecos Road 143 Sold | $95,000 List Price | 1 | 1 | 675 | 0.1 mi | |
B 1830 PECOS Road 137 Sold | $145,000 | 2 | 2 | 928 | $156 | 0.0 mi |
C 1830 Pecos Road 137 Sold | $145,000 | 2 | 2 | 928 | $156 | 0.0 mi |
D 1830 N Pecos Road 232 Sold | $142,000 List Price | 2 | 2 | 928 | 0.0 mi | |
E 1830 N Pecos Road 137 Sold | $145,000 | 2 | 2 | 928 | $156 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996, this property is approximately 28 years old. While it features updated laminate flooring and appears well-kept, the overall aesthetic is dated and falls into the >20 year category without significant recent renovations mentioned. It likely requires minor cosmetic updates to the kitchen and bathroom to meet modern standards.
Listed at $130,000, this property offers an exceptionally affordable entry point into the Las Vegas real estate market, making it an attractive option for first-time buyers or budget-conscious investors.
The condo is conveniently situated just minutes from Downtown Las Vegas, providing easy access to major employment hubs, casinos, shopping centers, and diverse dining options.
Despite its compact 675 sqft footprint, the unit features a well-designed layout including a breakfast bar, a formal dining area, and a private patio, maximizing the utility of the home.
The association fee of $375 per month is relatively high compared to the purchase price, which significantly impacts the monthly carrying cost and may reduce the overall return for investors.
The property is zoned for schools with lower academic ratings, specifically a high school rating of 1, which could limit the appeal for families and potentially affect long-term resale value.
Beautiful condo features 1 bedrooms and 1 bathrooms. Kitchen with breakfast bar, formal dining area, and patio. Located minutes away from Downtown, restaurants, shopping centers, casinos, parks, and more!
No exterior & parking available.
Grades PK-5 • 0.9 mi
Grades PK-5 • 1.2 mi
Grades 6-8 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 675 | - |
| Lot Size | - | - |
| Price | $130.0K | $217.2K |
| Price per sq ft | $193 | $219 |
| Built year | 1996 | 0 |
| HOA | $375 | $0 |
| Days on market | 14 | 828 |
Jul 8, 2026
$130,000
Initial Listing
Nov 18, 1997
$56,500
Public Record