437 Waterbrook Drive, Henderson, NV 89015, Henderson, 89015 - 4 bed, 3 bath
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Henderson, NV 89015
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $479,900—positioned well above the $460,685 Fair Market Value by -4%. While the property requires modernization, its Fair Condition Rating and 0.18-acre lot provide a solid foundation for value-add renovations. The home features a functional layout with four bedrooms and a private patio, situated near the highly-rated Ulis Newton Elementary School. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity through strategic cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 437 Waterbrook Drive Subject | $479,900* List Price | 4 | 3 | 1,866 | $247 | - |
A 1063 GURNEYS EAGLE Avenue Sold | $420,000 | 3 | 3 | 1,567 | $268 | 0.9 mi |
B 999 BLUE LANTERN Drive Sold | $547,500 | 4 | 3 | 2,224 | $246 | 0.9 mi |
C 637 Bonsai Tree Lane Sold | $420,000 | 3 | 3 | 1,623 | $259 | 0.6 mi |
D 1063 GURNEYS EAGLE Avenue Sold | $420,000 | 3 | 3 | 1,567 | $268 | 0.9 mi |
E 813 Seco Verde Avenue Sold | $429,900 List Price | 3 | 2 | 1,547 | 0.9 mi | |
F 999 Blue Lantern Drive Sold | $547,500 | 4 | 3 | 2,224 | $246 | 0.9 mi |
G 908 DODEE Court Sold | $370,000 | 3 | 2 | 1,299 | $285 | 0.7 mi |
H 885 Cozy Valley Street Active | $395,000 List Price | 3 | 2 | 1,544 | $256 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2001, the property is 23 years old, placing it in the 'Fair' category. While the kitchen features updated stainless steel appliances and newer wood-look tile flooring, the cabinetry remains original oak, and the overall aesthetic is dated. The exterior landscaping appears overgrown, and at over 20 years of age, major systems like HVAC and the tile roof underlayment are likely nearing the end of their typical primary lifecycle.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1866.
The property features a generous 0.18-acre lot with a backyard oasis and patio, offering significantly more private outdoor space for entertaining and play than many standard suburban lots in the area.
With four well-appointed bedrooms and the inclusion of accessibility features, the 1,866-square-foot floor plan provides a versatile and inclusive living environment suitable for growing families or multi-generational needs.
Built in 2001 and described as having a 'functional' kitchen, the interior may require capital investment for cosmetic updates to meet the aesthetic standards of modern luxury buyers in Henderson.
While the elementary school is a highlight, the assigned middle and high schools carry lower ratings of 4 and 5 respectively, which may be a concern for education-focused buyers with older children.
ASK ABOUT BUYERS INCENTIVES. Discover a tranquil retreat where comfort meets convenience in the heart of Henderson, offering an exceptional opportunity to embrace a desirable lifestyle. The backyard oasis has plenty of room to entertain and play. This charming two-story residence presents a harmonious blend of indoor and outdoor living, perfect for creating lasting memories on a generous 0.18-acre lot. The functional kitchen comes equipped, ready for culinary adventures. With four well-appointed bedrooms, two full bathrooms, and an additional half bath, this home provides ample space for everyone. Accessibility features enhance the living experience within. Step outside to a delightful patio, offering a private setting for relaxation or entertaining in your private yard. The well-maintained stucco home with a tile roof stands ready for its next owner, conveniently located close to local amenities and community offerings.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 1.8 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,866 | - |
| Lot Size | 7,841 | - |
| Price | $479.9K | $527.3K |
| Price per sq ft | $257 | $279 |
| Built year | 2001 | 0 |
| HOA | $47 | $0 |
| Days on market | 27 | 2555 |
Jun 25, 2026
$479,900
Initial Listing