242 Kansas Avenue, Henderson, NV 89015, Henderson, 89015 - 2 bed, 1 bath
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Henderson, NV 89015
This Starter Home with Investment Upside is listed at $270,000—positioned well below the $271,674 Fair Market Value by 1%. This valuation gap offers $1,674 in Instant Equity for buyers. Maintaining a Condition Rating of 4, the property features a brand new AC unit, a new cement back patio, and mountain views. The expansive 7,405 sqft lot includes an upgraded RV cement slab and no HOA restrictions. Located near the 9/10 rated Gordon Mccaw Elementary, this home is ideal for first-time buyers or buy-and-hold investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 242 Kansas Avenue Subject | $270,000* List Price | 2 | 1 | 650 | $418 | - |
A 206 W Atlantic Avenue Active | $279,900 List Price | 2 | 1 | 670 | $418 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is an 80-year-old home that has been maintained with several significant recent updates, including a brand new AC unit, new hot water heater, and new flooring in the bedrooms. While these mechanical and cosmetic improvements are positive, the home's 1942 vintage and small 650 sqft footprint suggest that major systems and rooms like the kitchen and bathroom likely remain dated or have not undergone the full-scale renovation required for a 'Good' or 'Excellent' rating. It is move-in ready but shows the typical characteristics of an aged property with partial updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 650.
Elementary School: Gordon Mccaw Elementary School (9/10).
The property features several high-value updates including a brand new AC unit, a new hot water heater, and new flooring in both bedrooms, significantly reducing immediate move-in costs.
At only 650 square feet, the interior living space is quite compact, which may limit the property's appeal to larger families or those requiring more storage.
Originally built in 1942, the home's age may present long-term maintenance requirements for older structural or plumbing systems typical of the era.
Downtown Henderson Gem, perfect for starting out or investment , Huge Lot with upgraded RV cement slab, new cement back Patio, new pavers, new Hot Water Heater, New flooring in both bedrooms ,Large carport, Fully fenced in yard, Lot of potential wont last long. Brand new AC unit.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades PK-5 • 0.4 mi
Grades PK-5 • 2.5 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 | 650 | 1,592 | 1% |
| Lot Size | 7,405 | 6,534 | 70% |
| Price | $270.0K | $45.0K | 52% |
| Price per sq ft | $415 | $40 | 99% |
| Built year | 1942 | 1996 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 2743 | 1% |
Mar 23, 2026
$270,000
Initial Listing