1853 Mimosa Court, Henderson, NV 89014, Henderson, 89014 - 2 bed, 2 bath
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1853 Mimosa Court
Henderson, NV 89014
ACTIVE
CONDITION: FAIR
2Beds
2Baths
924Sq Ft
3,939Lot Size
Property Price
LIST PRICE$200,000
EST. MARKET VALUE
$228,278
12% BelowMARKET VALUE
SUMMARY
This Townhouse Asset is a Strong Value Opportunity, listed at $208,000—positioned well below the $237,931 Fair Market Value by 12%. This valuation gap offers $29,931 in Instant Equity for the buyer. While the property holds a Condition Rating of 4, it features a large balcony with a pergola and access to community pool and tennis courts. Located near highly-rated schools like Estes M Mcdoniel Elementary, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add property.
Estimated Market Value
$228,278+$28,278 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Henderson.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1853 Mimosa Court Subject | $200,000* List Price | 2 | 2 | 924 | $247 | - |
A 511 Chelsea Drive Sold | $235,000 | 2 | 2 | 1,036 | $227 | 0.7 mi |
B 1858 Avacado Court Active | $224,950 List Price | 2 | 2 | 924 | $243 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1981 (43 years old), the property is well-maintained but significantly dated. The kitchen features older oak-style cabinetry and a fluorescent light box, while the interior shows popcorn ceilings and older flooring finishes. While functional and move-in ready, it requires cosmetic updates and likely system refreshes to meet modern standards, fitting the >20 year dated criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Value
Priced competitively at $208,000, this property offers a highly affordable entry point into the desirable Henderson real estate market for a two-bedroom, two-bathroom residence.
- Robust Community Amenities
The Pepper Tree subdivision provides excellent lifestyle features including a community pool, clubhouse, and tennis courts, adding significant value and recreational opportunities for residents.
- Enhanced Outdoor Living
The inclusion of a large, inviting balcony with a pergola offers a premium outdoor retreat for relaxation and entertaining that is often missing in townhomes of this size.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3939, other record lot size in square feet = 1323.
- Compact Square Footage
At just 924 square feet, the interior living space is relatively small for a two-bedroom home, which may feel restrictive for buyers prioritizing spaciousness.
- Vintage Infrastructure
Built in 1981, the property may require capital improvements or cosmetic updates to compete with modern design standards and ensure long-term energy efficiency.
About 1853 Mimosa Court
Beautiful 2 bedroom, 2 bathroom townhouse in the heart of Henderson! This charming home welcomes you with a cozy front living room and a well appointed kitchen offering plenty of cabinet space, a dual sink, and an adjacent dining area. The spacious primary bedroom includes its own ensuite for added comfort that features a walk in bathtub. Enjoy the convenience of an in home laundry area with extra storage cabinets. Step outside to a large, inviting balcony with a pergola that is perfect for relaxing or entertaining. Located in a lovely community featuring fantastic amenities, including a pool, clubhouse, tennis courts, and more. A must see!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1981
- Lot Size
- 3,939 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $250 / Month
Neighborhood Insights
Henderson Unified Schools
Estes M Mcdoniel Elementary School
Grades PK-5 • 0.4 mi
8/10
Harriet Treem Elementary School
Grades PK-5 • 1.1 mi
7/10
Jim Thorpe Elementary School
Grades PK-5 • 1.2 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 924 | 1,458.6 |
| Lot Size | 3,939 | 2,013.754 |
| Price | $200.0K | $350.7K |
| Price per sq ft | $216 | $242 |
| Built year | 1981 | 2013 |
| HOA | $250 | $193 |
| Days on market | 35 | 66 |
Pricing History
Listed for Sale
Aug 26, 2026
$200,000
$208,000
-4% Price Drop
Initial Listing
Price Change
Aug 5, 2026
$208,000
Initial Listing