
Henderson, NV 89015
This High-Potential Investment Opportunity is listed at a List Price of $199,990, positioned slightly above the $195,186 Fair Market Value. While the unit carries a Fair Condition Rating due to its 2000 construction, it offers a functional single-story layout with a private patio and distant skyline views. Zoned for the highly-rated Gordon McCaw Elementary School (9/10), the property provides long-term stability for families. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point into the Henderson market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 520 Arrowhead Trail 522 Subject | $199,990* List Price | 2 | 2 | 1,019 | $192 | - |
A 698 S Racetrack Road 1022 Sold | $200,000 | 2 | 2 | 1,151 | $174 | 0.5 mi |
B 520 Arrowhead Trail 1314 Sold | $195,000 | 2 | 2 | 1,019 | $191 | 0.1 mi |
C 698 S Racetrack Road 1712 Sold | $239,000 List Price | 2 | 2 | 1,151 | 0.6 mi | |
D 520 Arrowhead Trail 221 Active | $225,000 List Price | 2 | 2 | 1,019 | $221 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, the property is 24 years old, placing it in the 'Fair' category based on age (>20y). While the interior is well-maintained and features some updates like a tile backsplash, the kitchen retains original oak-style cabinetry and a dated aesthetic. Systems are likely approaching the end of their typical lifecycle, and the unit would benefit from cosmetic modernization.
Elementary School: Gordon Mccaw Elementary School (9/10).
Priced under $200,000, this property represents an affordable entry point into the Henderson real estate market, offering excellent value for first-time buyers or investors seeking rental income.
The single-level floor plan provides a functional and accessible living space that eliminates the need for stairs, appealing to a broad demographic including seniors and those with mobility preferences.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5836, other record lot size in square feet = 2550.
The association fee of $343 per month is relatively high compared to the purchase price, which may impact the overall monthly affordability and debt-to-income ratio for some buyers.
Built in 2000, the unit may require cosmetic updates or modernizations to compete with the aesthetic standards and energy efficiency of newer condominium developments in the area.
Well-maintained 2-bedroom, 2-bath condo located in the Arrowhead Pointe community of Henderson. This single-story unit offers 1,019 sq ft of comfortable living space with a functional layout. Includes patio/porch space and convenient parking. Centrally located near shopping, dining, and major roadways.
No exterior & parking available.
Grades PK-5 • 1.3 mi
Grades 6-8 • 2.0 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,019 | 1,151.889 |
| Lot Size | 5,836 | 5,607.667 |
| Price | $200.0K | $268.4K |
| Price per sq ft | $196 | $230 |
| Built year | 2000 | 1998 |
| HOA | $343 | $290 |
| Days on market | 35 | 90 |
Aug 5, 2026
$199,990
Initial Listing
Nov 15, 2011
$46,640
Public Record