
Las Vegas, NV 89142
This property represents a Prime Investment Opportunity with a List Price of $395,000—positioned well below the $473,708 Fair Market Value by 16%. This valuation gap offers $78,708 in Instant Equity. With a Fair Condition Rating, the home features an aged interior ready for modern updates to drive appreciation. Notable highlights include all-tile downstairs flooring, a covered patio, and No HOA Fees, ensuring lower carrying costs. This Value-Add Asset is ideal for Fix-and-Flip Investors or Buy-and-Hold Investors seeking immediate equity in the Las Vegas market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5686 Roundrock Drive Subject | $395,000* List Price | 3 | 3 | 1,636 | $235 | - |
A 5915 Woodfield Drive Sold | $395,000 | 4 | 3 | 1,636 | $241 | 0.4 mi |
B 6058 Grape Blossom Avenue Sold | $276,900 | 3 | 3 | 1,608 | $172 | 0.9 mi |
C 6100 Apple Orchard Drive Sold | $410,000 | 3 | 3 | 1,669 | $246 | 0.6 mi |
D 1747 Raspberry Hill Road Sold | $394,500 | 4 | 2 | 1,652 | $239 | 0.8 mi |
E 5857 RAINBOW BRIDGE Drive Sold | $359,900 | 3 | 2 | 1,334 | $270 | 0.2 mi |
F 2807 Beaconfalls Way Sold | $320,000 | 3 | 2 | 1,277 | $251 | 0.5 mi |
G 5857 Rainbow Bridge Drive Sold | $359,900 | 3 | 2 | 1,334 | $270 | 0.2 mi |
H 6057 Bing Cherry Drive Sold | $405,000 | 3 | 2 | 1,632 | $248 | 0.9 mi |
I 5916 Clover Canyon Lane Active | $379,900 List Price | 3 | 3 | 1,594 | $238 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, this 26-year-old property fits the fair criteria as it is over 20 years old with no mention of significant recent renovations. While the home features durable tile flooring and a functional layout, the lack of updates to the kitchen, bathrooms, or major systems suggests an aged interior that likely requires minor cosmetic updates to meet modern standards.
The property features no monthly association fees, offering significant long-term cost savings and more freedom for the homeowner compared to many surrounding Las Vegas subdivisions.
With all-tile flooring throughout the downstairs, the home provides a durable, easy-to-clean surface that helps keep the interior cool during the desert's high-temperature months.
The inclusion of a covered patio in the backyard provides essential shade and functional outdoor space, perfect for entertaining or relaxing in the Las Vegas climate.
The assigned middle and high schools have lower performance ratings (2 and 4 respectively), which may be a concern for families prioritizing top-tier academic environments.
At 3,920 square feet, the lot is relatively small for a single-family residence, which limits the potential for extensive landscaping or large private outdoor activities.
This home has all tile flooring downstairs and a fireplace inside the living room. There is also a covered patio in the backyard. Must see to appreciate.
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 1.8 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,636 | - |
| Lot Size | 3,920 | - |
| Price | $395.0K | $474.8K |
| Price per sq ft | $241 | $257 |
| Built year | 1998 | 0 |
| HOA | $0 | $0 |
| Days on market | 168 | 526 |
Feb 4, 2026
$395,000
Initial Listing
Jul 2, 1998
$124,000
Public Record