5142 Tahnee Drive, Las Vegas, NV 89122, Las Vegas, 89122 - 3 bed, 2 bath
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5142 Tahnee Drive
Las Vegas, NV 89122
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,168Sq Ft
6,534Lot Size
Property Price
LIST PRICE$359,900
EST. MARKET VALUE
$377,999
4% BelowMARKET VALUE
SUMMARY
This property presents a Prime Investment Opportunity with a List Price of $369,900—positioned well below the $380,104 Fair Market Value by 2%. This valuation gap offers $10,204 in Instant Equity. Featuring a private outdoor pool and a recent roof replacement, the home maintains a Condition Rating of 4, indicating a need for cosmetic modernization. This is a strategic value-add asset ideal for Buy-and-Hold Investors or first-time buyers seeking to build equity through renovation.
Estimated Market Value
$377,999+$18,099 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 |
|---|---|---|---|---|---|---|
★ 5142 Tahnee Drive Subject | $359,900* List Price | 3 | 2 | 1,168 | $324 | - |
A 5437 Morris Street Sold | $352,000 | 3 | 2 | 1,168 | $301 | 0.1 mi |
B 5280 Morris Street Sold | $360,000 List Price | 3 | 2 | 1,190 | 0.2 mi | |
C 4990 Denning Street Sold | $360,000 | 3 | 2 | 1,200 | $300 | 0.6 mi |
D 4990 Denning Street Sold | $360,000 | 3 | 2 | 1,200 | $300 | 0.6 mi |
E 5102 Billman Avenue Sold | $357,000 | 4 | 3 | 1,269 | $281 | 1.0 mi |
F 5284 Wellesley Avenue Active | $449,900 List Price | 3 | 2 | 1,441 | $312 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1979 (45 years old), the property is dated with original popcorn ceilings and kitchen cabinetry showing significant wear and scuffing. While the roof was replaced 3 years ago, the interior finishes, including the basic bathroom fixtures and older appliances, require modernization and minor repairs to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Roof Replacement
The roof was redone only three years ago, providing significant value and peace of mind by addressing one of the most expensive maintenance items for a home of this vintage.
- Private Outdoor Pool
The inclusion of a private outdoor pool is a major asset in the Las Vegas market, offering a refreshing retreat and enhancing the property's appeal for summer entertaining.
- No HOA Fees
With an association fee of zero, this property offers greater financial freedom and lower monthly carrying costs compared to many other residential communities in the area.
CONSRISKS & DEFICIENCIES
- Low School Ratings
The assigned public schools for this location have low ratings (ranging from 2 to 3), which may be a concern for families prioritizing educational performance and could impact future resale demand.
- Compact Living Space
With 1,168 square feet distributed across three bedrooms, the interior layout may feel somewhat constrained, particularly for buyers seeking larger common areas or spacious primary suites.
About 5142 Tahnee Drive
A classic single-story architectural design defines this residential rental property in Las Vegas. The serene living space features three bedrooms and two full bathrooms, offering an inviting and tranquil environment. Blinds are installed on the windows to provide adjustable privacy and shade throughout the home. Daily routines and gatherings center around the functional living area, which spans 1168.0 square feet. The interior spaces are designed to accommodate a variety of lifestyles, with rooms that transition smoothly from one to another. An outdoor pool offers a refreshing retreat on the property, creating a relaxing setting for warm afternoons. The residence is situated on a 0.15-acre lot, providing outdoor space that enhances the overall atmosphere of the home. THE ROOF WAS REDONE 3 YEARS AGO.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1979
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Las Vegas Unified Schools
Harley Harmon Elementary School
Grades PK-5 • 0.4 mi
3/10
Francis H Cortney Junior High School
Grades 6-8 • 0.2 mi
2/10
Del Sol High School
Grades 9-12 • 2.7 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,168 | 1,961.945 |
| Lot Size | 6,534 | 6,098 |
| Price | $359.9K | $486.0K |
| Price per sq ft | $308 | $259 |
| Built year | 1979 | 2002 |
| HOA | $0 | $83 |
| Days on market | 26 | 62 |
Pricing History
Listed for Sale
Aug 25, 2026
$359,900
$369,900
-3% Price Drop
Initial Listing
Price Change
Aug 14, 2026
$369,900
Initial Listing