
North Las Vegas, NV 89031
This Value-Add Single-Story Residence represents a High-Potential Investment Opportunity with a List Price of $390,000—positioned well below the $452,743 Fair Market Value by 13%. This valuation gap provides $62,743 in Instant Equity for buyers prepared to address the property's Condition Rating of 4. Featuring vaulted ceilings, an open floor plan, and No HOA Dues, the home offers significant upside through cosmetic modernization. The large backyard with a pergola adds functional outdoor appeal, making this an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build wealth through sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4934 Hunters Run Drive Subject | $390,000* List Price | 3 | 2 | 1,275 | $355 | - |
A 524 RANCHO DEL SOL Way Sold | $396,000 | 3 | 2 | 1,468 | $270 | 0.6 mi |
B 5231 OLIVE DALE Court Sold | $415,000 | 3 | 2 | 1,276 | $325 | 0.7 mi |
C 2021 Annbriar Avenue Sold | $360,000 List Price | 3 | 2 | 1,486 | 0.9 mi | |
D 726 CARLOS JULIO Avenue Sold | $359,500 | 3 | 2 | 1,297 | $277 | 0.7 mi |
E 1218 Pagentry Drive Sold | $374,900 List Price | 3 | 2 | 1,583 | 0.1 mi | |
F 429 Mulberry Glen Drive Sold | $400,000 List Price | 3 | 2 | 1,499 | 0.6 mi | |
G 5519 Los Lobos Street Active | $379,900 List Price | 3 | 2 | 1,318 | $288 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1995 (29 years old), placing it within the 'Fair' category criteria. While the listing mentions some updates like neutral paint and a new stainless sink, the explicit note that the home 'needs some TLC' indicates it is not in move-in ready condition. The 18-inch tile and vaulted ceilings are functional, but the overall age and the agent's description suggest the home is aged with original components that require minor repairs and cosmetic modernization.
The absence of a Homeowners Association provides significant monthly cost savings and offers the homeowner greater freedom from restrictive community rules and regulations.
The desirable one-level floor plan features vaulted ceilings and an open concept, maximizing the 1,275 square feet to create a spacious and airy living environment.
The east-facing backyard with a pergola is perfectly positioned to provide essential afternoon shade, making the large lot a comfortable space for desert outdoor living.
The listing explicitly mentions the property 'needs some TLC,' indicating that immediate investment in repairs or cosmetic updates will be necessary for the buyer.
The assigned high school carries a low rating of 2, which may deter families prioritizing education and could potentially limit long-term appreciation compared to other areas.
This ONE level home offers an awesome OPEN floor plan with vaulted ceilings, all Neutral interior and exterior paint. Large 18 inch tile floors in all wet areas! The kitchen is light and bright with a garden window and new stainless sink plus an island overlooking the dining and great room. Spacious primary bedroom that has attached bathroom with dual sinks and shower plus a large walk in closet. 2 additional full bedrooms with ceiling fan/lights and full bathroom with tub/shower. East facing backyard and pergola offers afternoon shade to enjoy this large backyard with endless potential. NO HOA dues here!! Full laundry room off the kitchen with access to the 2 CAR garage, full driveway and wide streets for guest parking. NEEDS SOME TLC.
No exterior & parking available.
Grades PK-5 • 2.1 mi
Grades PK-5 • 2.1 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,275 | - |
| Lot Size | 5,663 | - |
| Price | $390.0K | $411.4K |
| Price per sq ft | $306 | $218 |
| Built year | 1995 | 0 |
| HOA | $0 | $0 |
| Days on market | 121 | 2652 |
Mar 24, 2026
$390,000
Initial Listing