2300 E Silverado Ranch Boulevard 1126, Las Vegas, NV 89183, Las Vegas, 89183 - 1 bed, 1 bath
2300 E Silverado Ranch Boulevard 1126
Las Vegas, NV 89183
Property Price
SUMMARY
Analysis of 2300 E Silverado Ranch Boulevard 1126, Las Vegas, NV 89183 is currently available with a list price of $198,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is well-maintained and 'very clean' as described, but it remains largely in its original 1997 condition. The kitchen features dated oak-style cabinetry, laminate countertops, and older white appliances. The bathroom and flooring also reflect the original construction era without significant modern upgrades. While functional and suitable for its current use as a rental, the property shows signs of being outdated compared to current market standards for 'good' or 'excellent' conditions.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Roger D Gehring Elementary School (9/10). High School: Coronado High School (9/10).
- Immediate Rental Income
The property comes with a long-term tenant and a lease valid through February 2027, providing guaranteed cash flow from day one for investors.
- Top-Rated School District
The condo is zoned for highly-rated schools, including Coronado High School and Roger D. Gehring Elementary, both boasting a 9/10 rating, which enhances long-term value.
CONSRISKS & DEFICIENCIES
- Delayed Owner Occupancy
Due to the existing lease agreement through 2027, this property is not suitable for buyers looking for a primary residence to move into immediately.
- Limited Square Footage
At 776 square feet, the one-bedroom layout is relatively compact, which may limit appeal for those requiring more space or a home office.
About 2300 E Silverado Ranch Boulevard 1126
Very clean condo with long term tenant. Lease valid thru Feb 2027. This is a very desirable location and a perfect opportunity to have cash flow from day 1.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1997
- Lot Size
- 10,229 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $293 / Month
Neighborhood Insights
Las Vegas Unified Schools
Roger D Gehring Elementary School
Grades PK-5 • 0.9 mi
Glen C. Taylor Elementary School
Grades PK-5 • 1.0 mi
Roberta C Cartwright Elementary School
Grades PK-5 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 14% |
| Baths | 1.0 | 2.0 | 14% |
| Square foot | 776 | 1,053 | 14% |
| Lot Size | 10,229 | 5,145 | 80% |
| Price | $198.0K | $240.0K | 29% |
| Price per sq ft | $255 | $229 | 83% |
| Built year | 1997 | 2001 | 20% |
| HOA | $293 | $220 | 80% |
| Days on market | 29 | 249 | 3% |
Pricing History
Listed for Sale
Feb 6, 2026
$198,000
Initial Listing