2300 E Silverado Ranch Boulevard 2161, Las Vegas, NV 89183, Las Vegas, 89183 - 2 bed, 2 bath
2300 E Silverado Ranch Boulevard 2161
Las Vegas, NV 89183
Property Price
SUMMARY
Analysis of 2300 E Silverado Ranch Boulevard 2161, Las Vegas, NV 89183 is currently available with a list price of $235,000. 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.
Built in 1997, this property is approximately 27 years old and appears to be maintained in its original or near-original condition. While the unit is well-kept by a long-term tenant and includes a new water heater (2023), the kitchen and bathrooms lack modern renovations. The finishes, appliances, and fixtures are functional but stylistically outdated, consistent with the 'Fair' category for homes over 20 years old with regular upkeep but no major recent remodeling.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Roger D Gehring Elementary School (9/10). High School: Coronado High School (9/10).
- Turnkey Investment Potential
The property features a reliable, long-term tenant of over six years who maintains the home well and wishes to stay, providing immediate and stable rental income for investors.
- Prime Location and Amenities
Situated in a gated community with lush landscaping, two pools, and a fitness center, the condo offers excellent proximity to the I-215 freeway and Henderson's shopping districts.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
At $354 per month, the association fees are relatively high for this price point, which may impact the overall monthly carrying costs and net return on investment.
- Aging Infrastructure
Built in 1997, the property may require future capital expenditures for updates to original finishes or major systems beyond the recently replaced water heater.
About 2300 E Silverado Ranch Boulevard 2161
Fantastic location close to shopping and restaurants! The Latigo community is gated and features beautiful green landscaping with mature trees, 2 Community Pools, Clubhouse and Exercise Room. it is located to very close proximity to I-215 and adjacent to Henderson. 2 bedrooms (master separate from the 2nd bedroom), 2 bathrooms upstairs condo with vaulted ceilings and a covered balcony looking out toward the community pool. Kitchen over looks the dining and living areas and all appliances are included! Great long term (6+ years) tenant in place on a month to month lease (would like to stay and sign long term lease), currently paying $1,450 mo (always pays on time and takes great care of the property). Or tenant can vacate with 30 days notice. New water heater installed in 2023.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1997
- Lot Size
- 11,589 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $354 / Month
Neighborhood Insights
Las Vegas Unified Schools
Glen C. Taylor Elementary School
Grades PK-5 • 0.9 mi
Roger D Gehring Elementary School
Grades PK-5 • 1.0 mi
Roberta C Cartwright Elementary School
Grades PK-5 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 960 | 1,053 | 34% |
| Lot Size | 11,589 | 5,145 | 91% |
| Price | $235.0K | $240.0K | 46% |
| Price per sq ft | $245 | $229 | 77% |
| Built year | 1997 | 2001 | 20% |
| HOA | $354 | $220 | 94% |
| Days on market | 177 | 249 | 31% |
Pricing History
Listed for Sale
Sep 11, 2025
$235,000
Initial Listing