505 Raintree Lane, Las Vegas, NV 89107, Las Vegas, 89107 - 2 bed, 2 bath
505 Raintree Lane
Las Vegas, NV 89107
Property Price
SUMMARY
Analysis of 505 Raintree Lane, Las Vegas, NV 89107 is currently available with a list price of $270,000. 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.
The property is well-maintained and move-in ready with recent cosmetic upgrades including luxury vinyl plank flooring, fresh interior paint, and newer stainless steel appliances. However, it was built in 1978 and retains several original architectural features such as the sunken tub and 1970s-style layout. While functional and clean, it does not reflect a full modern renovation of major systems or cabinetry, fitting the criteria for a well-kept but aged home.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior Upgrades
The property features luxury vinyl plank and tile flooring throughout with no carpet, fresh interior paint, and newer stainless steel appliances, offering a move-in-ready experience.
- Functional Single-Story Layout
This desirable single-story floor plan includes oversized bedrooms with private bathroom access and an attached two-car garage, providing excellent accessibility and privacy.
- Robust Community Amenities
The HOA provides significant value through two community pools, tennis courts, RV parking, and exterior landscaping maintenance, enhancing the overall lifestyle and convenience.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1978, the property may have original mechanical or structural components that could require maintenance or replacement despite the recent cosmetic updates.
- School District Ratings
The assigned middle and high schools have relatively low performance ratings, which may be a consideration for families or impact future resale appeal to certain demographics.
About 505 Raintree Lane
Fantastic single story townhouse centrally located and priced to sell! Upgraded flooring includes luxury vinyl planks and/or tile throughout NO carpet. Interior was recently painted and newer appliances. Charming oversized living room with fireplace, great natural light, and overlooks private interior courtyard. Dining room off kitchen with pantry and stainless steel appliances. Fridge, washer, dryer will stay with home. Both bedrooms are oversized with private access to bathrooms. Primary bedroom features walk in closet and large bathroom. Primary bathroom with oversized sunken tub, double sinks and separate shower. Interior courtyard with covered patio, storage and turf. Attached two car garage with entry to home and automatic door. Community has 2 community pools (one is age restricted), grass areas, tennis courts, RV Parking area, and guest parking. Landscaping maintained by HOA. Must see home!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1978
- Lot Size
- 3,049 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $282 / Month
Neighborhood Insights
Las Vegas Unified Schools
Vail Pittman Elementary School
Grades PK-5 • 0.2 mi
Frank F Garside Junior High School
Grades 6-8 • 0.7 mi
Western High School
Grades 9-12 • 1.6 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 | 1,327 | 1,258 | 54% |
| Lot Size | 3,049 | 3,049 | 50% |
| Price | $270.0K | $264.9K | 51% |
| Price per sq ft | $203 | $192 | 60% |
| Built year | 1978 | 1983 | 28% |
| HOA | $282 | $225 | 89% |
| Days on market | 7 | 836 | 2% |
Pricing History
Listed for Sale
Feb 28, 2026
$270,000
Initial Listing