5317 Caprock Canyon Avenue, Las Vegas, NV 89139, Las Vegas, 89139 - 4 bed, 3 bath
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Las Vegas, NV 89139
This 4-bedroom single-family residence is a Strong Value Opportunity, listed at $535,000—positioned well above the $498,458 Fair Market Value by 7%. While currently priced above market, the property offers immediate cash flow with a $2,500/month tenant and is zoned for the highly-rated Lois & Jerry Tarkanian Middle School (8/10). Featuring a Fair Condition Rating and a functional covered patio, this asset provides a stable foundation for long-term appreciation. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, income-generating property in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5317 Caprock Canyon Avenue Subject | $535,000* List Price | 4 | 3 | 2,460 | $203 | - |
A 5914 Gordon Creek Avenue Sold | $445,000 | 4 | 2 | 2,024 | $220 | 0.7 mi |
B 4715 Portola Vista Avenue Sold | $410,000 | 3 | 3 | 1,825 | $225 | 0.6 mi |
C 5057 Caprock Canyon Avenue Active | $485,000 List Price | 3 | 3 | 2,045 | $237 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005, the property is 21 years old, placing it in the 'Fair' category. While it features updated stainless steel appliances and modern tile flooring, the kitchen cabinetry and countertops appear original to the build date and are considered dated by current market standards.
The property currently generates $2,500 per month with a month-to-month tenant, offering immediate cash flow for investors or flexibility for buyers planning a future move-in.
With 2,460 square feet, four bedrooms, and an open-concept living area featuring a primary suite balcony, the home provides ample space and a modern flow for families.
The residence is zoned for Lois & Jerry Tarkanian Middle School, which boasts an impressive 8/10 rating, significantly enhancing the property's long-term value and family appeal.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The 4,792 square foot lot is relatively compact for a home of this size, resulting in a smaller backyard that may not suit buyers looking for extensive outdoor amenities.
Given the 2005 build date and current tenant occupancy, the property may require minor cosmetic updates or maintenance to meet the aesthetic standards of modern owner-occupants.
Priced to sale, this spacious 4-bedroom, 3-bathroom two-story home in Southwest Las Vegas is a fantastic opportunity for investors and end-users alike. The open-concept living area features tile flooring throughout the downstairs, a cozy fireplace, and a bright dining space that flows seamlessly into the kitchen — complete with an island, gas range, stainless steel appliances, and ample cabinet storage. Upstairs, the primary suite offers a private balcony, dual-sink vanity, soaking tub, and separate walk-in shower, along with generous closet space. Three additional bedrooms provide flexibility for family, guests, or a home office setup. Step outside to a covered patio overlooking a low-maintenance backyard with turf and gravel landscaping — perfect for relaxing or entertaining with minimal upkeep. This home currently has a month-to-month tenant in place paying $2,500/month, with lease renewal optional, making it an ideal addition to any rental portfolio or a great option for a buyer looking to move in down the line. Don’t miss this opportunity — schedule your showing today!
No exterior & parking available.
Grades PK-5 • 1.1 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,460 | - |
| Lot Size | 4,792 | - |
| Price | $535.0K | $474.8K |
| Price per sq ft | $217 | $257 |
| Built year | 2005 | 0 |
| HOA | $39 | $0 |
| Days on market | 9 | 526 |
Jul 13, 2026
$535,000
Initial Listing