3934 Torsby Place, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 1 bath
3934 Torsby Place
Las Vegas, NV 89119
Property Price
SUMMARY
Analysis of 3934 Torsby Place, Las Vegas, NV 89119 is currently available with a list price of $179,888. 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.
Built in 1973, this townhouse is in functional condition but shows clear signs of age with outdated features. The kitchen contains older cabinetry and basic white appliances, and the overall interior—including flooring and fixtures—appears to have had only minor upkeep rather than a comprehensive modern renovation. While move-in ready for a tenant, it lacks the contemporary finishes required for a higher rating.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Potential
The property features a Section 8 tenant on a month-to-month basis, providing immediate, guaranteed, and stable rental income for property investors.
- Strategic Location
Situated near UNLV and the Las Vegas Strip, this location offers high rental demand and convenient access to major employment and entertainment hubs.
- Community Amenities
The townhouse includes access to a community pool, clubhouse, and green park, along with the added value of a private patio and two dedicated parking spaces.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $398 is relatively high compared to the listing price and square footage, which may reduce the net cash flow for investors.
- Low School Ratings
The assigned public schools have low ratings (2-3 out of 10), which could limit the property's appeal to families and impact long-term appreciation.
About 3934 Torsby Place
A cozy warm townhouse perfect for you and your love. Two bedrooms, one full bath, private patio area, 2 parking spaces. Everything you need in our community, community pool. community clubhouse, green park, and more! Near Las Vegas Blvd and UNLV, convenient location, easy to go everywhere. Friendly tenants occupy on a month-to-month basis. Guaranteed and stable rent with section 8 tenant in place, good for home buyer or property investor.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1973
- Lot Size
- 1,742 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $398 / Month
Neighborhood Insights
Las Vegas Unified Schools
Ruby S Thomas Elementary School
Grades PK-5 • 1.1 mi
William E Orr Middle School
Grades 6-8 • 1.1 mi
Valley High School
Grades 9-12 • 2.1 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 | 1.0 | 2.0 | 6% |
| Square foot | 772 | 1,405 | 6% |
| Lot Size | 1,742 | 1,742 | 50% |
| Price | $179.9K | $179.9K | 50% |
| Price per sq ft | $233 | $147 | 82% |
| Built year | 1973 | 1980 | 35% |
| HOA | $398 | $170 | 82% |
| Days on market | 14 | 863 | 6% |
Pricing History
Listed for Sale
Feb 21, 2026
$179,888
Initial Listing
Sold
Mar 18, 2003
$3,940
Public Record