2725 S Nellis Boulevard 2049, Las Vegas, NV 89121, Las Vegas, 89121 - 2 bed, 2 bath
2725 S Nellis Boulevard 2049
Las Vegas, NV 89121
Property Price
SUMMARY
Analysis of 2725 S Nellis Boulevard 2049, Las Vegas, NV 89121 is currently available with a list price of $195,000. 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 was built in 1994 (31 years old) and, while described as well-maintained, it lacks evidence of a full modern renovation. Updates are limited to a new dishwasher and new carpet in the primary bedroom. The overall style, including the kitchen and bathrooms, likely reflects the original construction era or older updates, fitting the 'fair' criteria for a functional but aged home that has undergone regular upkeep rather than a comprehensive overhaul.
PROSSTRENGTHS & OPPORTUNITIES
- Financing Versatility
The property is both FHA and VA approved, making it an excellent and accessible option for first-time homebuyers or veterans utilizing specialized loan programs.
- Robust Community Amenities
Located in a gated community with 24-hour security, residents enjoy premium amenities including a fitness center, tennis courts, and 24-hour access to pools and spas.
- Desirable Interior Features
This second-floor unit offers vaulted ceilings and a private screened-in balcony, providing a sense of space and outdoor privacy rarely found in standard condo layouts.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5302, other record lot size in square feet = 2162.
- Rental Restrictions
The community's renting restrictions may limit the property's long-term flexibility and appeal for investors seeking a traditional rental income stream.
- Underperforming School District
The assigned public schools carry lower ratings (3-4 out of 10), which could be a drawback for families prioritizing high-ranking educational environments.
About 2725 S Nellis Boulevard 2049
Beautiful 2-Bedroom Condo in Gated Echo Bay Community – FHA & VA Approved! W/ 24 Hr Access to Pool and Spas, and around the clock security! Don’t miss this spacious and well-maintained 2-bedroom, 2-bath condo located in the desirable Echo Bay subdivision. This second-floor unit features vaulted ceilings, an abundance of natural light, and a private screened-in, north-facing balcony—ideal for evening relaxation. New carpet in primary room and new dishwasher. Assigned parking spot, BBQ Area, CC&RS, COMMUNITY Pool, COMMUNITY Spa, COMMUNITY Wall, Fitness Center, Gated, Guest Parking, Not Age Restricted, Park, Playground, Renting Restrictions, Security, Tennis Courts all available! Only 15 mins from the strip with shopping centers around the corner.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1994
- Lot Size
- 5,302 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $225 / Month
Neighborhood Insights
Las Vegas Unified Schools
Laura Dearing Elementary School
Grades PK-5 • 0.7 mi
Jerome Mack Middle School
Grades 6-8 • 0.7 mi
Chaparral High School
Grades 9-12 • 1.7 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 | 1,029 | 1,029 | 50% |
| Lot Size | 5,302 | 981 | 82% |
| Price | $195.0K | $178.9K | 69% |
| Price per sq ft | $190 | $185 | 60% |
| Built year | 1994 | 1990 | 53% |
| HOA | $225 | $220 | 58% |
| Days on market | 284 | 401 | 38% |
Pricing History
Listed for Sale
May 27, 2025
$195,000
Initial Listing