2936 FALLING SPRINGS Circle n/a, Las Vegas, NV 89135, Las Vegas, 89135 - 4 bed, 4 bath
Loading property details...
Las Vegas, NV 89135
This High-Potential Investment Opportunity is listed at $676,400, positioned slightly above the $672,516 Fair Market Value. As a Single Family Residence in Summerlin South, this property offers a stable, turnkey Buy-and-Hold Asset with a long-term tenant secured through June 2027. Featuring a 4-bedroom layout with a convenient main-level bedroom and proximity to 9/10 rated schools, it ensures consistent rental demand. Despite a Fair Condition Rating due to original finishes, it remains a reliable income-generator for Buy-and-Hold Investors or Portfolio Managers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2936 FALLING SPRINGS Circle n/a Subject | $676,400* List Price | 4 | 4 | 2,619 | $265 | - |
A 2766 Glen Port Street Sold | $740,000 | 4 | 3 | 3,027 | $244 | 0.4 mi |
B 10150 Timber Willow Avenue Sold | $825,000 | 4 | 4 | 2,633 | $313 | 0.1 mi |
C 10150 Timber Willow Avenue Sold | $825,000 | 4 | 4 | 2,633 | $313 | 0.1 mi |
D 2752 GLEN PORT Street Sold | $810,000 | 4 | 4 | 2,550 | $318 | 0.4 mi |
E 2664 Chantemar Street Sold | $495,000 | 4 | 3 | 1,681 | $294 | 0.3 mi |
F 2340 Tribeca Street Sold | $587,000 | 3 | 3 | 1,951 | $301 | 0.6 mi |
G 2109 Lone Desert Street Sold | $580,000 | 3 | 3 | 2,057 | $282 | 0.8 mi |
H 10291 Songsparrow Court Active | $580,000 List Price | 3 | 2 | 1,994 | $291 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1999, making it 25 years old. While described as turnkey for an investor, the images show original builder-grade finishes including 90s-style oak cabinetry, dated tile work, and basic fixtures. At 25 years old without evidence of a major renovation in the last 15 years, it fits the 'Fair' criteria as it is functional but dated and will soon require updates to systems and aesthetics.
Elementary School: Judy & John L Goolsby Elementary School (9/10).
Situated in the highly desirable Summerlin South area, the property is zoned for top-tier schools with ratings as high as 9/10, ensuring long-term value retention and high tenant demand.
This is an ideal investment opportunity with a quality long-term tenant already in place through June 2027, providing a steady and guaranteed rental income of $2,550 per month.
The property is being sold in as-is condition with a 'do not disturb occupants' restriction, which may complicate the initial due diligence process and limit repair negotiations.
With a lease locked in until mid-2027, the owner has limited flexibility to adjust rents to market rates or transition the property to a primary residence in the near future.
Turnkey investment opportunity in Summerlin South. Fully leased single-family home with a quality long-term tenant in place through June 30, 2027, at $2,550/month. 4 bed / 3 bath (2 full + 1 three-quarter), 2,619 sq ft, 2-car garage — 4 bedroom conveniently located on the main level. HOA $76/mo. Tenant pays utilities. Property is part of a 12-home Las Vegas SFR portfolio available for bulk purchase — contact listing agent for full portfolio package and rent roll. Do not disturb occupants. All showings by appointment through the agent with proper tenant notice per NRS 118A. Offered as-is; seller makes no representations regarding future tenancy.Supplements Attached
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades PK-5 • 1.3 mi
Grades PK-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,619 | - |
| Lot Size | 5,663 | - |
| Price | $676.4K | $474.8K |
| Price per sq ft | $258 | $257 |
| Built year | 1999 | 0 |
| HOA | $76 | $0 |
| Days on market | 47 | 526 |
Jun 5, 2026
$676,400
Initial Listing