5049 Spencer Street A, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 2 bath
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5049 Spencer Street A
Las Vegas, NV 89119
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
970Sq Ft
10,606Lot Size
Property Price
LIST PRICE$199,000
EST. MARKET VALUE
$209,979
5% BelowMARKET VALUE
SUMMARY
This Turnkey Townhouse represents a Strong Value Opportunity, listed at $199,000—positioned well below the $209,979 Fair Market Value by 5%. This valuation gap provides $10,979 in Instant Equity. Featuring a Modernized Interior with a renovated kitchen and Condition Rating 2, this home offers a move-in ready lifestyle with community pool and spa access. Ideally located near the airport and Strip, it is a perfect fit for first-time buyers or Buy-and-Hold Investors seeking a stable, low-maintenance asset.
Estimated Market Value
$209,979+$10,979 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5049 Spencer Street A Subject | $199,000* List Price | 2 | 2 | 970 | $216 | - |
A 5023 Spencer Street B Sold | $189,000 | 2 | 2 | 828 | $228 | 0.0 mi |
B 5009 Spencer Street D Sold | $193,000 | 2 | 2 | 826 | $234 | 0.1 mi |
C 1729 Jupiter Court C Pending | $214,900 List Price | 2 | 2 | 980 | $219 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While built in 1979, the property has undergone a comprehensive recent renovation (likely <5 years) as evidenced by the modern kitchen with stainless steel appliances, subway tile backsplash, and new wood-look flooring throughout. The interior is in mint, move-in ready condition with no visible maintenance needs.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated just minutes from Harry Reid International Airport and the Las Vegas Strip, this property offers exceptional convenience for commuters and easy access to world-class dining and entertainment.
- Modernized Interior
The townhouse features tasteful updates including a remodeled kitchen with stainless steel appliances, gas cooktop, and stylish wood flooring, providing a move-in-ready experience.
- Competitive Value
Priced under $200,000 for a 2-bedroom, 2-bathroom unit with garage parking and community amenities, this home represents an excellent entry-level or investment opportunity in the Las Vegas market.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10606, other record lot size in square feet = 2256.
- Low School Ratings
The assigned public schools for this area have low performance ratings, which may be a significant consideration for families with school-aged children.
- Property Age
Originally built in 1979, the property may require ongoing maintenance or future capital improvements to aging infrastructure despite the recent cosmetic interior renovations.
About 5049 Spencer Street A
Discover comfort and convenience in this inviting 2-bedroom, 2 full bath townhouse in the Sierra Madre community. The bright, open living area features light wood flooring and a sleek fireplace, while the updated kitchen offers stainless steel appliances, a gas cooktop, dark countertops, and a classic subway tile backsplash. Thoughtfully updated! Enjoy garage parking, and access to the community pool and spa. Ideally located just 5 minutes from Harry Reid International Airport and 10 minutes from the Las Vegas Strip, this home offers easy access to dining, entertainment, and everyday essentials.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1979
- Lot Size
- 10,606 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $200 / Month
Neighborhood Insights
Las Vegas Unified Schools
Jack Dailey Elementary School
Grades PK-5 • 0.3 mi
6/10
Gene Ward Elementary School
Grades PK-5 • 0.4 mi
2/10
Helen C Cannon Junior High School
Grades 6-8 • 1.2 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 970 | 1,414.01 |
| Lot Size | 10,606 | 2,178 |
| Price | $199.0K | $333.8K |
| Price per sq ft | $205 | $236 |
| Built year | 1979 | 1997 |
| HOA | $200 | $202 |
| Days on market | 34 | 70 |
Pricing History
Listed for Sale
Aug 6, 2026
$199,000
Initial Listing