5515 Big Red Court 101, Las Vegas, NV 89122, Las Vegas, 89122 - 2 bed, 2 bath
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Las Vegas, NV 89122
This Townhouse represents a Prime Investment Opportunity, listed at $285,000—positioned well below the $294,714 Fair Market Value by 3%. This valuation gap offers $9,714 in Instant Equity. With a Condition Rating of 3, the property is move-in ready, featuring a direct-access garage and low $59 HOA fees. While local school ratings are modest, the community pool and convenient location provide strong rental appeal. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a stable, low-maintenance asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5515 Big Red Court 101 Subject | $285,000* List Price | 2 | 2 | 1,218 | $242 | - |
A 4747 Straight Flush Drive 101 Sold | $289,777 List Price | 2 | 2 | 1,218 | 0.1 mi | |
B 4747 Straight Flush Drive 101 Sold | $279,000 | 2 | 2 | 1,218 | $229 | 0.1 mi |
C 5528 Stacked Chips Road 101 Sold | $275,000 | 2 | 2 | 1,069 | $257 | 0.2 mi |
D 5420 Stacked Chips Road 101 Sold | $250,000 | 2 | 2 | 1,069 | $234 | 0.1 mi |
E 4663 COLOR UP Court 102 Sold | $287,850 | 2 | 3 | 1,170 | $246 | 0.1 mi |
F 4663 Color Up Court 102 Sold | $287,850 | 2 | 3 | 1,170 | $246 | 0.1 mi |
G 4663 Color Up Court 102 Sold | $287,850 | 2 | 3 | 1,170 | $246 | 0.1 mi |
H 5513 High Wager Way 103 Sold | $338,000 List Price | 3 | 3 | 1,685 | 0.0 mi | |
I 5507 Big Red Court 101 Active | $279,000 List Price | 2 | 2 | 1,218 | $229 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007 (19 years old), the property fits the 10-20 year age bracket for 'Good' condition. The interior features functional builder-grade finishes, including original cabinetry and tile backsplash. While the carpet and paint are dated, the home appears well-maintained, move-in ready, and lacks visible structural or safety defects.
At only $59 per month, the association fee is exceptionally low for a community that includes a pool, offering significant long-term savings for the homeowner.
The property features a direct-access one-car garage, providing added security, convenience, and protection from the Las Vegas heat compared to units with detached parking.
Ideally situated near the community pool within Nevada Ranch, this unit offers easy access to outdoor recreation and leisure activities.
The assigned middle and high schools have lower ratings (2 and 3 respectively), which may impact long-term resale value and appeal to families with school-aged children.
With only a one-car garage and typical townhouse density, parking may be a challenge for multi-vehicle households or visiting guests.
Discover a vibrant lifestyle in this charming townhouse, perfectly situated for comfort and convenience. The interior boasts refreshing ceiling fans and elegant blinds, contributing to a comfortable atmosphere throughout the year. The property also features a convenient location to the community pool, perfect for outdoor enjoyment and relaxation. This townhouse provides a wonderful blend of indoor comfort and outdoor accessibility with a direct access one-car garage. Situated in a desirable neighborhood, this home offers proximity to local amenities and community highlights, ensuring a balanced and engaging lifestyle.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 7.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,218 | - |
| Lot Size | 1,307 | - |
| Price | $285.0K | $324.2K |
| Price per sq ft | $234 | $237 |
| Built year | 2007 | 0 |
| HOA | $59 | $0 |
| Days on market | 10 | 276 |
Jul 12, 2026
$285,000
Initial Listing