5011 Rio Colorado Circle, North Las Vegas, NV 89031, North Las Vegas, 89031 - 3 bed, 2 bath
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North Las Vegas, NV 89031
This Single-Story Residential Home is a Strong Value Opportunity, listed at $435,000—positioned well below the $443,436 Fair Market Value by 2%. This valuation gap offers $8,436 in Instant Equity. With a Condition Rating of 3, the property features a Private Pool, No HOA, and a spacious lot with RV Parking potential. While local schools have lower ratings, the move-in-ready interior and functional layout provide immediate utility. This is an ideal acquisition for Owner-Occupants seeking a low-maintenance lifestyle or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5011 Rio Colorado Circle Subject | $435,000* List Price | 3 | 2 | 1,355 | $327 | - |
A 5218 Sangara Drive Sold | $415,000 | 3 | 2 | 1,483 | $280 | 0.3 mi |
B 525 Rancho Del Mar Way Sold | $425,500 | 3 | 2 | 1,468 | $290 | 0.1 mi |
C 5231 OLIVE DALE Court Sold | $415,000 | 3 | 2 | 1,276 | $325 | 0.3 mi |
D 524 RANCHO DEL SOL Way Sold | $396,000 | 3 | 2 | 1,468 | $270 | 0.2 mi |
E 319 Mulberry Glen Drive Sold | $380,000 List Price | 3 | 2 | 1,459 | 0.3 mi | |
F 1128 Dowither Court Sold | $357,000 | 3 | 2 | 1,043 | $342 | 0.6 mi |
G 4705 Cedar Ranch Court Sold | $475,000 | 3 | 2 | 1,873 | $254 | 0.6 mi |
H 4813 Lupita Court Active | $380,000 List Price | 3 | 2 | 1,298 | $293 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1994 (30 years old), the home exceeds the 'Fair' rating due to meticulous maintenance and cosmetic updates. The kitchen features refreshed cabinetry and updated countertops, complemented by modern light fixtures and consistent tile flooring throughout. The property is move-in ready with a functional layout and a well-maintained pool/exterior, reflecting high pride of ownership.
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 = 1355.
The property features a private sparkling pool, covered patio, and a spacious 7,841 sqft lot with RV parking potential, offering exceptional outdoor utility and entertainment space.
Located in a community with no HOA, this home provides owners with greater freedom, fewer property restrictions, and lower monthly carrying costs.
The assigned public schools for this location have low ratings (ranging from 2 to 3), which may impact long-term resale value and appeal to families.
With only 1,355 square feet of living area, the home is relatively small for a three-bedroom layout, which may feel restrictive for some buyers.
Single-Story Living with Pool, Spacious Lot & No HOA! Pride of ownership shines throughout this beautifully maintained home, ideally located in the desirable Casa Del Norte community of North Las Vegas. Offering 2 bedrooms plus a dedicated office (easily converted back to a 3rd bedroom), 2 baths, and a spacious lot with possible RV parking, this move-in-ready property blends comfort, functionality, and outdoor living. Step inside to an inviting open floor plan featuring a warm, neutral color palette, abundant natural light, and easy-care tile flooring throughout. The bright kitchen offers a charming breakfast nook overlooking the backyard—perfect for enjoying your morning coffee. Escape to your own private backyard oasis featuring a sparkling pool, covered patio, mature landscaping, and plenty of space to relax, dine outdoors, or entertain family and friends year-round. With no HOA, a generously sized lot, potential RV parking, and years of meticulous care by the original owners, this exceptional home is ready for its next chapter. Don't miss this opportunity to own a beautifully maintained single-story home that truly has it all!
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,355 | - |
| Lot Size | 7,841 | - |
| Price | $435.0K | $411.4K |
| Price per sq ft | $321 | $218 |
| Built year | 1994 | 0 |
| HOA | $0 | $0 |
| Days on market | 7 | 2652 |
Jul 15, 2026
$435,000
Initial Listing
Aug 31, 1994
$120,500
Public Record