2559 Velez Valley Way, Henderson, NV 89002, Henderson, 89002 - 2 bed, 2 bath
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Henderson, NV 89002
This townhouse presents a High-Potential Investment Opportunity with a List Price of $224,999—positioned well below the $228,618 Fair Market Value by 1%. This valuation gap offers $3,619 in Instant Equity. While the property carries a Condition Rating of 5 due to water damage, it features an open floor plan and access to community amenities like a pool and skate park. Zoned for highly-rated schools, including a 9/10 elementary school, this is an ideal acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2559 Velez Valley Way Subject | $224,999* List Price | 2 | 2 | 1,079 | $212 | - |
A 2581 Velez Valley Way Sold | $279,900 | 2 | 3 | 1,170 | $239 | 0.0 mi |
B 1593 WARD FRONTIER Lane Sold | $265,000 | 2 | 2 | 1,189 | $223 | 0.2 mi |
C 2554 Alias Smith Drive Active | $259,900 List Price | 2 | 2 | 1,079 | $241 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 2003, the property is over 20 years old. While the age typically aligns with 'Fair,' the listing explicitly notes significant water damage and a 'cash buyers only' requirement, indicating the need for substantial rehab and potential safety/structural concerns.
Elementary School: James E & A Rae Smalley Elementary School (9/10).
Situated in a gated Henderson community, the property offers access to a pool, splash pad, skate park, BBQ areas, and walking trails, providing excellent lifestyle value.
Priced well below market value, this townhouse presents a lucrative opportunity for investors to build immediate equity through renovation and repair.
The property requires significant repairs due to water damage, which will necessitate a dedicated budget and immediate contractor oversight.
The 'as-is' condition and cash-only requirement exclude traditional mortgage buyers, significantly limiting the pool of potential purchasers.
Welcome to this 2-bed, 2-bath townhouse in a gated Henderson community, priced well below market to reflect needed water damage repairs; it’s being sold as-is to cash buyers. Open floor plan with great natural light, attached 1-car garage, and you’re inside a gated Henderson community with a pool, splash pad, skate park, BBQ and picnic areas, and walking trails. Schedule your showing today!
No exterior & parking available.
Grades PK-5 • 1.9 mi
Grades PK-5 • 2.8 mi
Grades 6-8 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,079 | - |
| Lot Size | 1,307 | - |
| Price | $225.0K | $324.3K |
| Price per sq ft | $209 | $248 |
| Built year | 2003 | 0 |
| HOA | $125 | $0 |
| Days on market | 33 | 2285 |
Jun 19, 2026
$224,999
Initial Listing