431 Las Casitas Way, Las Vegas, NV 89121, Las Vegas, 89121 - 2 bed, 2 bath
431 Las Casitas Way
Las Vegas, NV 89121
Property Price
SUMMARY
Analysis of 431 Las Casitas Way, Las Vegas, NV 89121 is currently available with a list price of $195,000. 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Built in 1973, this townhouse is functional but significantly outdated, requiring what the listing describes as 'tender loving care.' The kitchen and bathrooms feature older cabinetry, laminate countertops, and aged appliances that show their age. While the property appears to have been maintained through basic upkeep, the flooring, light fixtures, and overall aesthetic reflect styles from several decades ago without recent major renovations, making it a prime candidate for cosmetic rehabilitation.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Community Amenities
The Greenbriar community offers an impressive array of amenities, including a sparkling pool, in-ground jacuzzi, tennis courts, and a dog-walking trail, providing high lifestyle value for residents.
- Attached Two-Car Garage
A significant advantage for a townhouse, the attached two-car garage offers secure parking and additional storage, which is a highly sought-after feature in this price range.
- Equity Building Potential
Priced competitively with low annual taxes, this property serves as an ideal 'blank canvas' for investors or first-time buyers looking to build equity through personalized renovations.
CONSRISKS & DEFICIENCIES
- Required Renovations
The property is noted as needing 'tender loving care,' implying that immediate capital investment will be required to address cosmetic or functional updates.
- Low-Rated School District
The assigned elementary, middle, and high schools all carry a rating of 3/10, which may limit the property's appeal to families and impact future appreciation.
About 431 Las Casitas Way
Discover this charming 2-bedroom, 2-bathroom townhouse in Southeast Las Vegas, offering an excellent opportunity to customize your dream home. Both bedrooms are situated upstairs, providing privacy and a functional layout. The property features a cozy patio for outdoor relaxation and an attached 2-car garage for your convenience. While the home requires some tender loving care, it presents a fantastic canvas for personalization. The well-maintained community boasts a range of amenities, including a sparkling pool, an in-ground jacuzzi, tennis courts, and a dog-walking trail. Additionally, ample open parking ensures ease for residents and guests alike with very low yearly Taxes. The sellers are accommodating and flexible with showings, making it easy to explore the potential this townhouse holds. Don't miss the chance to transform this space into your ideal residence in a vibrant neighborhood.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1973
- Lot Size
- 1,307 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $205 / Month
Neighborhood Insights
Las Vegas Unified Schools
Will Beckley Elementary School
Grades PK-5 • 0.3 mi
Jerome Mack Middle School
Grades 6-8 • 1.0 mi
Chaparral High School
Grades 9-12 • 1.2 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 | 2.0 | 2.0 | 50% |
| Square foot | 1,122 | 1,536 | 6% |
| Lot Size | 1,307 | 2,614 | 13% |
| Price | $195.0K | $265.0K | 27% |
| Price per sq ft | $174 | $180 | 46% |
| Built year | 1973 | 1975 | 35% |
| HOA | $205 | $189 | 55% |
| Days on market | 370 | 374 | 50% |
Pricing History
Listed for Sale
Mar 2, 2025
$195,000
Initial Listing