3940 Visby Lane, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 2 bath
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Las Vegas, NV 89119
This Turnkey Modern Townhome represents a Prime Investment Opportunity, listed at $203,000—positioned well below the $243,173 Fair Market Value by 16%. This valuation gap provides $40,173 in Instant Equity for the incoming owner. Boasting an Excellent Condition Rating, the residence features quartz countertops, premium plank flooring, and a mountain view. With extensive infrastructure upgrades including new plumbing and vinyl windows, the property ensures long-term value. It is a perfect acquisition for Buy-and-Hold Investors or first-time buyers seeking a high-value, move-in-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3940 Visby Lane Subject | $203,000* List Price | 2 | 2 | 1,322 | $184 | - |
A 3944 Visby Lane Sold | $215,000 | 3 | 2 | 1,466 | $147 | 0.0 mi |
B 3934 Palos Verdes Street Active | $222,000 List Price | 2 | 2 | 1,322 | $168 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1972, this property has undergone an extensive and high-quality renovation within the last 5 years, effectively bringing it to current market standards. The interior features a modern kitchen with two-tone cabinetry, quartz countertops, marble backsplash, and stainless steel appliances. Additional upgrades include premium plank flooring, modern light fixtures, updated bathrooms with floor-to-ceiling tile, new plumbing, and new vinyl windows, making it a fully turn-key residence with no deferred maintenance.
The interior has been thoughtfully updated with high-end finishes including quartz countertops, a marble backsplash, premium plank flooring, and a primary suite featuring a floor-to-ceiling tiled walk-in shower.
Significant capital improvements such as new plumbing, vinyl windows, new doors, and serviced mechanicals provide long-term value and peace of mind for a property built in 1972.
At a price point of $203,000 for over 1,300 square feet of renovated living space, this property offers an excellent entry point for first-time buyers or investors seeking immediate cash flow.
The monthly HOA fee of $398 is relatively high compared to the purchase price, which may impact the debt-to-income ratio for buyers and reduce net yields for investors.
The assigned public schools carry low ratings (ranging from 2 to 3), which could limit the property's appeal to families and potentially affect long-term appreciation.
Sophistication meets affordability in this thoughtfully updated 2 bedroom townhome! Awaiting you inside is a space adorned by a tranquil palette paired with premium plank flooring and modern fixtures. In the kitchen, slabs of crisp white quartz anchor down a two-tone cabinet configuration complete with a marble backsplash, brushed gold hardware and stainless steel appliances. Zen rules in a primary suite equipped with an en-suite bathroom offering a walk in shower wrapped in floor to ceiling tile. Outback offers a private yard ready for your final touches. Starting with new doors, vinyl windows, new plumbing, and serviced mechanicals, this home offers years of value. Whether your looking for a first time residence, vacation home, or an investor seeking cash flow, this turn-key unit offers fantastic opportunity!
No exterior & parking available.
Grades PK-5 • 1.2 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,322 | 1,405 | 38% |
| Lot Size | 1,742 | 1,742 | 50% |
| Price | $203.0K | $209.0K | 50% |
| Price per sq ft | $154 | $150 | 50% |
| Built year | 1972 | 1980 | 31% |
| HOA | $398 | $210 | 81% |
| Days on market | 8 | 607 | 6% |
Apr 14, 2026
$203,000
Initial Listing