223 W Basic Road, Henderson, NV 89015, Henderson, 89015 - 2 bed, 1 bath
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Henderson, NV 89015
This Value-Add Residential Asset presents a Prime Investment Opportunity with a List Price of $249,999—positioned well below the $257,715 Fair Market Value by 2%. This entry point offers $7,716 in Instant Equity for buyers prepared to address a Condition Rating of 5. The property features a rare partial unfinished basement and a spacious 5,663 sq. ft. lot with RV/Boat parking and no HOA fees. Proximity to the 9/10 rated Gordon Mccaw Elementary School ensures long-term rental demand. This project is ideal for Fix-and-Flip Investors or Contractors seeking forced appreciation through professional renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 223 W Basic Road Subject | $249,999* List Price | 2 | 1 | 872 | $296 | - |
A 32 Mallory Street Pending | $285,000 List Price | 2 | 1 | 872 | $327 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1952, this property requires substantial rehabilitation and shows significant deferred maintenance. The kitchen is outdated with poorly painted cabinets and old appliances, the interior is cluttered and worn, and the concrete stairs to the unfinished basement show signs of deterioration. The exterior landscaping is neglected, and the overall condition aligns with a property needing a full professional renovation to meet modern safety and comfort standards.
Elementary School: Gordon Mccaw Elementary School (9/10).
The absence of HOA fees combined with dedicated RV and boat parking offers significant freedom and cost savings for homeowners with recreational vehicles.
The property is situated near Gordon McCaw Elementary, which holds an impressive rating of 9, providing excellent educational value for families.
The home and landscaping are in need of repair and modernization, requiring the buyer to have a renovation budget and vision.
At just 872 square feet with a single bathroom, the compact size and 1952 build may feel restrictive compared to more modern residential standards.
TLC needed, but the potential is undeniable! This single-story 2-bed, 1-bath home offers a functional layout with a partial basement unfinished, kitchen and solid countertops. Spacious yard: landscape needs some TLC and has a covered carport, RV/Boat parking and no HOA dues. Close to schools, shopping, and dining. Bring your vision and make this one shine!
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades PK-5 • 1.1 mi
Grades PK-5 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 7% |
| Baths | 1.0 | 2.0 | 4% |
| Square foot | 872 | 1,592 | 1% |
| Lot Size | 5,663 | 6,534 | 13% |
| Price | $250.0K | $45.0K | 51% |
| Price per sq ft | $287 | $40 | 87% |
| Built year | 1952 | 1996 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 2743 | 1% |
Mar 27, 2026
$249,999
Initial Listing