520 Arrowhead Trail 221, Henderson, NV 89015, Henderson, 89015 - 2 bed, 2 bath
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Henderson, NV 89015
This Modern Move-In Ready Condominium represents a Strong Value Opportunity, listed at $225,000—positioned well below the $246,829 Fair Market Value by 8%. This valuation gap delivers $21,829 in Instant Equity for the incoming owner. Featuring a Move-In Ready Condition Rating, the unit boasts wood-look flooring, a private balcony, and access to a community pool. Zoned for the top-rated Gordon McCaw Elementary School (9/10), it balances lifestyle perks with investment stability. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a turnkey asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 520 Arrowhead Trail 221 Subject | $225,000* List Price | 2 | 2 | 1,019 | $242 | - |
A 698 S Racetrack Road 1712 Sold | $239,000 List Price | 2 | 2 | 1,151 | 0.5 mi | |
B 520 ARROWHEAD Trail 1322 Sold | $207,000 | 2 | 2 | 1,019 | $203 | 0.1 mi |
C 698 RACETRACK Road 322 Sold | $225,750 | 3 | 2 | 1,148 | $197 | 0.5 mi |
D 520 Arrowhead Trail 522 Active | $214,900 List Price | 2 | 2 | 1,019 | $211 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2000, this property is move-in ready and features modern updates including wood-look flooring and updated kitchen appliances. The interior appears well-maintained with neutral paint and contemporary fixtures, showing minimal wear and tear for its age. While not a brand-new renovation, the unit's condition exceeds the 'fair' criteria due to its updated aesthetic and lack of immediate repair needs.
Elementary School: Gordon Mccaw Elementary School (9/10).
The property is zoned for Gordon McCaw Elementary School, which holds an impressive 9/10 rating, making this a highly desirable location for families with young children.
The condo features contemporary wood-look flooring and a spacious 1,019 sq ft layout, offering a move-in-ready aesthetic that appeals to both homeowners and investors.
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.
At $333 per month, the association fee is relatively high compared to the listing price, which may impact monthly affordability and overall investment yield.
While the elementary school is excellent, the local middle and high schools have lower ratings (4 and 5), which could be a concern for families with older children.
Beautiful 2-bed, 2-bath condo in Arrowhead Pointe! Spacious layout with over 1,000 sq ft, wood-look flooring, large bedrooms, and private balcony. Community features pool, BBQ area, and maintained grounds. Convenient Henderson location near shopping and freeway access. Great for homeowners or investors!
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,019 | 886 | 63% |
| Lot Size | 5,836 | - | 88% |
| Price | $225.0K | $184.5K | 88% |
| Price per sq ft | $221 | $203 | 75% |
| Built year | 2000 | 1993 | 88% |
| HOA | $333 | $185 | 88% |
| Days on market | 16 | 2898 | 13% |
Apr 6, 2026
$225,000
Initial Listing