5501 Jackpot Winner Lane 102, Las Vegas, NV 89122, Las Vegas, 89122 - 2 bed, 3 bath
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5501 Jackpot Winner Lane 102
Las Vegas, NV 89122
ACTIVE
CONDITION: GOOD
2Beds
3Baths
1,170Sq Ft
436Lot Size
Property Price
LIST PRICE$259,016
EST. MARKET VALUE
$274,639
5% BelowMARKET VALUE
SUMMARY
This tenant-occupied townhouse presents a Strong Value Opportunity, listed at $259,016—positioned well below the $274,639 Fair Market Value by 5%. This valuation gap offers $15,623 in Instant Equity for the buyer. Featuring a Good Condition Rating, the property includes modern wood flooring and an open-concept layout. With low association fees and immediate rental income, this is a stable, turnkey asset ideal for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, income-generating property in Las Vegas.
Estimated Market Value
$274,639+$15,623 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 |
|---|---|---|---|---|---|---|
★ 5501 Jackpot Winner Lane 102 Subject | $259,016* List Price | 2 | 3 | 1,170 | $235 | - |
A 5507 Big Red Court 101 Sold | $279,000 | 2 | 2 | 1,218 | $229 | 0.2 mi |
B 5528 Stacked Chips Road 101 Sold | $275,000 | 2 | 2 | 1,069 | $257 | 0.0 mi |
C 4604 Even Money Court 103 Sold | $320,000 | 3 | 3 | 1,562 | $205 | 0.1 mi |
D 4850 Straight Flush Drive 102 Sold | $315,000 | 3 | 3 | 1,468 | $215 | 0.3 mi |
E 5420 Stacked Chips Road 101 Sold | $250,000 | 2 | 2 | 1,069 | $234 | 0.1 mi |
F 4847 Double Down Drive 101 Active | $262,000 List Price | 2 | 2 | 1,218 | $215 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2008, this 18-year-old property falls squarely into the 'Good' category. The home is well-maintained and move-in ready with functional systems. While the kitchen and bathrooms feature original oak cabinetry and laminate countertops that are becoming dated, the inclusion of stainless steel appliances and updated wood-look flooring maintains a high level of appeal for the age bracket.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Investment Potential
The property is currently tenant-occupied, providing immediate cash flow for investors and eliminating the initial vacancy period and leasing costs.
- Modern Interior Features
The home boasts desirable upgrades including wood flooring, an open-concept layout, and vaulted ceilings in the primary suite, enhancing its marketability and aesthetic appeal.
- Low Carrying Costs
With a monthly association fee of just $59, this townhouse offers significantly lower overhead compared to similar developments in the Las Vegas area, maximizing net operating income.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Underperforming School District
The assigned middle and high schools have low ratings (2/10 and 3/10), which may limit the property's appeal to families and impact long-term appreciation.
- Restricted Buyer Pool
As a tenant-occupied investor opportunity, the property is less accessible to traditional owner-occupant buyers who require immediate possession, potentially narrowing the field of prospective offers.
About 5501 Jackpot Winner Lane 102
Fantastic investor opportunity in a wonderful location close to shopping, dining, entertainment, and everything Las Vegas has to offer! This tenant-occupied 2-bedroom, 2.5-bath home features beautiful wood flooring and an inviting open-concept floor plan that flows effortlessly through the spacious living room, dining area, and kitchen. The layout is perfect for relaxing, entertaining, and comfortable everyday living. The primary suite features a vaulted ceiling and generous closet space, while the complete yard provides additional outdoor living space. A private 1-car garage with direct entry completes this charming home and makes it an excellent addition to any investment portfolio.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2008
- Lot Size
- 436 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $59 / Month
Neighborhood Insights
Las Vegas Unified Schools
Sister Robert Joseph Bailey Elementary School
Grades PK-5 • 0.1 mi
4/10
Francis H Cortney Junior High School
Grades 6-8 • 1.0 mi
2/10
Basic Academy
Grades 9-12 • 7.1 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,170 | 1,414.01 |
| Lot Size | 436 | 2,178 |
| Price | $259.0K | $333.8K |
| Price per sq ft | $221 | $236 |
| Built year | 2008 | 1997 |
| HOA | $59 | $202 |
| Days on market | 8 | 70 |
Pricing History
Listed for Sale
Sep 1, 2026
$259,016
Initial Listing
Sold
Sep 2, 2010
$193,178
Public Record