261 Via Malorca Street, Henderson, NV 89074, Henderson, 89074 - 5 bed, 3 bath
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261 Via Malorca Street
Henderson, NV 89074
ACTIVE
CONDITION: FAIR
5Beds
3Baths
3,549Sq Ft
6,534Lot Size
Property Price
LIST PRICE$549,000
EST. MARKET VALUE
$577,346
4% BelowMARKET VALUE
SUMMARY
This Spacious 5-Bedroom Residence represents a Strong Value Opportunity, listed at $549,000—positioned well below the $577,347 Fair Market Value by 4%. This valuation gap offers $28,347 in Instant Equity for the buyer. With a Condition Rating of 4, the home features an updated kitchen and a versatile downstairs bedroom, while the unfinished backyard provides a blank canvas for value-add landscaping. This property is an ideal acquisition for Owner-Occupants seeking space or Value-Add Investors looking for a high-potential asset.
Estimated Market Value
$577,346+$28,346 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Henderson.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 261 Via Malorca Street Subject | $549,000* List Price | 5 | 3 | 3,549 | $163 | - |
A 220 HOLLYFERN Street Sold | $439,000 List Price | 5 | 3 | 2,874 | 0.8 mi | |
B 2842 Via Florentine Street Pending | $630,000 List Price | 5 | 3 | 3,549 | $178 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1991 (33 years old). While the kitchen has been updated with premium stainless steel appliances and painted cabinetry, the bathrooms remain in original, dated condition with oak vanities and 1990s-era fixtures. The home is functional and move-in ready, but the mix of renovated and original spaces, along with an unfinished backyard, fits the criteria for needing minor updates.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Value and Space
At over 3,500 square feet with a competitive price point in the sought-after Green Valley area, this home offers a rare price-per-square-foot opportunity for a 5-bedroom residence.
- No HOA and 3-Car Garage
The absence of homeowner association fees provides significant monthly savings and freedom, while the 3-car garage adds highly desirable utility and storage space.
- Versatile Downstairs Layout
The inclusion of a full bedroom and bathroom on the main floor is a premium feature that accommodates multi-generational living or provides a private guest suite.
CONSRISKS & DEFICIENCIES
- Unfinished Backyard
The backyard is described as a 'blank canvas,' indicating that the buyer will need to budget additional time and capital for landscaping and outdoor improvements.
- Moderate School Ratings
The assigned public schools have average ratings ranging from 4 to 6, which may be a consideration for families specifically seeking top-tier educational districts.
About 261 Via Malorca Street
NO HOA, 3-CAR GARAGE & ROOM TO LIVE BIG! This spacious Green Valley Henderson home delivers the combination buyers are searching for; 5 bedrooms, 3 full baths, a DOWNSTAIRS BEDROOM & full bath, and incredible entertaining space! The upgraded kitchen features premium appliances, an oversized built-in refrigerator, double ovens & cooktop, while a built-in bar and huge additional family room create the perfect setup for entertaining. Upstairs, retreat to an oversized primary suite with a spacious bath & walk-in closet. Outside, the large two-level backyard is a blank canvas ready to bring your vision to life, plus a built-in storage shed. Amazing price point, an incredible opportunity in highly sought-after Green Valley- this home won’t last long!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1991
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Henderson Unified Schools
Aggie Roberts Elementary School
Grades PK-5 • 0.6 mi
4/10
David M Cox Elementary School
Grades PK-5 • 0.7 mi
6/10
Jack Lund Schofield Middle School
Grades 6-8 • 1.3 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,549 | 2,064.015 |
| Lot Size | 6,534 | 6,098 |
| Price | $549.0K | $525.0K |
| Price per sq ft | $155 | $265 |
| Built year | 1991 | 2005 |
| HOA | $0 | $110 |
| Days on market | 28 | 70 |
Pricing History
Listed for Sale
Aug 12, 2026
$549,000
Initial Listing