
Las Vegas, NV 89129
This Single-Story Residential Asset presents a High-Potential Investment Opportunity, listed at $415,000—positioned well above the $367,380 Fair Market Value by -12%. While the price reflects a premium, the property features a rare, transferable FHA loan at 2.875%, offering significant long-term interest savings. With a Fair Condition Rating and a flexible den, this home provides a functional layout for Buy-and-Hold Investors or first-time buyers. Despite lower-rated local schools, the low $20 HOA and assumable financing make this a unique, cost-effective entry into the Las Vegas market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3640 Copper Cactus Drive Subject | $415,000* List Price | 3 | 2 | 1,306 | $281 | - |
A 3791 Bossa Nova Drive Sold | $405,000 | 3 | 2 | 1,296 | $313 | 0.2 mi |
B 8213 Cactus Root Court Sold | $330,000 List Price | 4 | 2 | 1,306 | 0.1 mi | |
C 3340 Hillingdon Court Sold | $370,000 | 3 | 2 | 1,486 | $249 | 0.5 mi |
D 7907 Howard Dade Avenue Sold | $350,000 | 2 | 2 | 1,300 | $269 | 0.3 mi |
E 8425 Orchard Ridge Avenue Sold | $390,000 | 3 | 2 | 1,419 | $275 | 0.3 mi |
F 3652 Copper Cactus Drive Sold | $385,000 List Price | 3 | 2 | 1,190 | 0.0 mi | |
G 3737 Bossa Nova Drive Pending | $379,900 List Price | 3 | 2 | 1,296 | $293 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997 (27 years old), the property falls into the 'Fair' category due to its age and dated interior finishes. While the kitchen features updated stainless steel appliances, it retains original oak cabinetry and white tile countertops. The flooring is a mix of newer laminate and older carpet, and the overall aesthetic requires cosmetic modernization to meet current standards.
The property features a rare transferable FHA loan with a 2.875% interest rate, providing a massive financial advantage and significant monthly savings compared to current market rates.
This desirable one-story floor plan includes a flexible den that can easily be converted into a fourth bedroom, offering great utility for growing families or remote work needs.
With an exceptionally low HOA fee of only $20 per month and a manageable lot size, this home offers an affordable, low-maintenance lifestyle in a highly sought-after 89129 zip code.
The assigned middle and high schools are rated 3/10, which may be a significant drawback for families prioritizing educational performance and could impact future resale value.
At 1,306 square feet on a sub-4,000 square foot lot, the property offers relatively compact living and outdoor space, which may feel restrictive for buyers seeking more room to spread out.
A gorgeous, beautifully designed one-story home is ready to be called home. The seller has a transferrable FHA loan with a 2.875% interest rate on for $310,965(Monthly payment is $1,822.95). Beautiful single-story home with 3 bedrooms plus a DEN (can be converted to 4th bed)! Home includes 2 full bathrooms and a spacious backyard with a shed. This isn't just a house; it's a home within a fantastic community. Whether you're a first-time buyer, downsizing, or looking for a low-maintenance single-story property, this home offers an excellent opportunity in a highly sought-after location.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades PK-5 • 0.5 mi
Grades 6-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 24% |
| Square foot | 1,306 | 1,982.5 | 8% |
| Lot Size | 3,920 | 5,227 | 30% |
| Price | $415.0K | $395.0K | 58% |
| Price per sq ft | $318 | $214 | 94% |
| Built year | 1997 | 1998 | 46% |
| HOA | $20 | $24 | 50% |
| Days on market | 30 | 613 | 0% |
May 15, 2026
$415,000
Initial Listing
Apr 25, 1997
$110,000
Public Record