3976 Colors Court 40, Las Vegas, NV 89103, Las Vegas, 89103 - 1 bed, 1 bath
3976 Colors Court 40
Las Vegas, NV 89103
Property Price
SUMMARY
Analysis of 3976 Colors Court 40, Las Vegas, NV 89103 is currently available with a list price of $149,900. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
The property is move-in ready and features significant interior upgrades that elevate it above its 1984 original construction. The installation of luxury vinyl plank (LVP) and tile flooring, combined with the description of being 'nicely upgraded,' indicates that the unit has undergone renovation within the last 5 to 15 years. It meets current market standards for a turnkey rental or residence without the need for immediate capital expenditures, though the overall building age prevents an 'excellent' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
The property is exceptionally located near the Las Vegas Strip, Raiders Stadium, and Chinatown, offering high appeal for commuters, investors, and vacationers.
- Modern Interior Upgrades
The unit features contemporary tile and luxury vinyl plank (LVP) flooring, providing a durable and stylish aesthetic that reduces the need for immediate renovation.
- Ground-Floor Accessibility
As a downstairs unit with a large courtyard entry, this property offers easy access and a more spacious feel compared to standard upper-level apartments.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5751, other record lot size in square feet = 2116.
- Limited Square Footage
At only 585 square feet, the compact living space may be restrictive for some buyers and limits the property's utility for those with significant storage needs.
- High Monthly Carrying Costs
The $295 monthly association fee is relatively high for a one-bedroom unit of this size and age, which may impact the overall return on investment for landlords.
About 3976 Colors Court 40
*PRIME LOCATION * 1 BEDROOM/1 BATH * DOWNSTAIRS UNIT * LARGE COURTYARD ENTRY * NICELY UPGRADED UNIT * TILE AND LVP FLOORING * GREAT INVESTMENT * IDEAL FOR VACATION GETAWAY * PERFECT FOR THOSE WHO WANT TO DOWNSIZE LIFESTYLE * CONVENIENT TO STRIP * RAIDERS STADIUM * WALK TO CHINA TOWN * PALMS * ORLEANS CASINOS * CLOSE TO FREEWAY *
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1984
- Lot Size
- 5,751 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $295 / Month
Neighborhood Insights
Las Vegas Unified Schools
Rex Bell Elementary School
Grades PK-5 • 1.4 mi
Grant Sawyer Middle School
Grades 6-8 • 3.4 mi
Ed W Clark High School
Grades 9-12 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 34% |
| Baths | 1.0 | 2.0 | 45% |
| Square foot | 585 | 884 | 5% |
| Lot Size | 5,751 | 700 | 86% |
| Price | $149.9K | $155.2K | 44% |
| Price per sq ft | $256 | $197 | 93% |
| Built year | 1984 | 1984 | 50% |
| HOA | $295 | $195 | 92% |
| Days on market | 30 | 655 | 1% |
Pricing History
Listed for Sale
Feb 5, 2026
$149,900
Initial Listing