2769 Desert Stream Court, Las Vegas, NV 89156, Las Vegas, 89156 - 3 bed, 3 bath
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Las Vegas, NV 89156
This Turnkey Residential Income Asset is listed at $400,000, offering a stable entry point relative to its $367,934 Fair Market Value. The valuation reflects the premium of a guaranteed three-year tenant lease, ensuring immediate cash flow and zero vacancy risk for the incoming owner. Maintaining a Condition Rating of 4, the property features Scenic Mountain Views and the distinct financial benefit of No HOA Fees, which maximizes net yields. While situated near underperforming schools, the long-term lease makes this a strategic acquisition for Buy-and-Hold Investors or Portfolio Diversifiers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2769 Desert Stream Court Subject | $400,000* List Price | 3 | 3 | 1,627 | $226 | - |
A 6565 Cameron Peak Court Sold | $360,000 | 3 | 3 | 1,870 | $193 | 0.2 mi |
B 6560 Bush Clover Lane Sold | $375,000 | 3 | 2 | 1,453 | $258 | 0.8 mi |
C 2665 FLATHEAD FALLS Street Sold | $380,000 | 3 | 3 | 1,649 | $230 | 0.3 mi |
D 2643 Whisper Ridge Street Sold | $350,000 | 4 | 3 | 1,649 | $212 | 0.6 mi |
E 6374 HORIZON RIDGE Court Sold | $385,000 | 4 | 3 | 1,662 | $232 | 0.5 mi |
F 6374 Horizon Ridge Court Sold | $385,000 | 4 | 3 | 1,662 | $232 | 0.5 mi |
G 2445 Cash Court Active | $455,000 List Price | 3 | 3 | 1,638 | $278 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1995, the property is well-maintained but shows its age with an original-style kitchen featuring oak cabinetry and older white appliances. While there are visible updates like newer luxury vinyl plank flooring and fresh paint, the home lacks a comprehensive modern renovation and major components appear to be near the end of their typical lifespan.
With a tenant already in place for the next three years, this property offers an exceptional turnkey opportunity for investors seeking guaranteed cash flow and zero immediate vacancy risk.
The absence of a monthly association fee significantly reduces carrying costs and increases the net return on investment compared to many other master-planned communities in Las Vegas.
The property features desirable mountain views, providing a picturesque backdrop that enhances the home's aesthetic appeal and long-term marketability.
The three-year tenant commitment effectively excludes traditional owner-occupant buyers who are looking for a primary residence to move into immediately.
The local schools carry low ratings, which may limit the property's appeal to families and potentially impact the rate of long-term capital appreciation.
***Investor Dream Tenant in place for the next 3 years*** Beautifully maintained home located in the desirable Clover Canyon community of Las Vegas. This property offers a functional and inviting floor plan with spacious living areas, abundant natural light, and a seamless flow throughout. The kitchen features ample cabinetry and counter space, ideal for both everyday living and entertaining. Generously sized bedrooms provide comfort and flexibility, while the primary suite offers a private retreat. The backyard presents a great opportunity to create your own outdoor oasis. Conveniently located near shopping, dining, parks, and freeway access, this home combines comfort, location, and value.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades PK-5 • 0.6 mi
Grades 6-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,627 | - |
| Lot Size | 4,792 | - |
| Price | $400.0K | $474.8K |
| Price per sq ft | $246 | $257 |
| Built year | 1995 | 0 |
| HOA | $0 | $0 |
| Days on market | 107 | 526 |
Apr 6, 2026
$400,000
Initial Listing
Mar 29, 1995
$111,000
Public Record