5855 Valley Drive 2028, North Las Vegas, NV 89031, North Las Vegas, 89031 - 2 bed, 2 bath
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North Las Vegas, NV 89031
This Prime Investment Opportunity is listed at $245,999, positioned well below the $253,392 Fair Market Value by 2%. This valuation gap provides $7,393 in Instant Equity for the buyer. Featuring a Condition Rating of 3, this condo offers an Attached 1-Car Garage and Dual Balcony Access. While school ratings are moderate, the property’s efficient layout and inclusive HOA make it a stable asset. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5855 Valley Drive 2028 Subject | $245,999* List Price | 2 | 2 | 1,056 | $240 | - |
A 5855 Valley Drive 2092 Active | $275,000 List Price | 2 | 2 | 1,073 | $256 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, the property is exactly 20 years old and appears well-maintained and move-in ready. While the kitchen is dated with original oak cabinetry and white appliances, the systems are functional, and the listing notes recent maintenance including a new microwave (2026).
The property includes a private 1-car garage with direct entry into the home, a premium feature for condominiums that offers enhanced security and convenience.
Both the spacious living room and the primary bedroom feature direct access to the balcony, maximizing natural light and providing a seamless indoor-outdoor living experience.
The $215 monthly HOA fee is competitively priced and covers essential utilities like trash and sewer, as well as community amenities, reducing the owner's monthly out-of-pocket expenses.
The assigned high school and one of the elementary schools carry lower ratings (4/10), which may be a drawback for families prioritizing top-tier educational performance.
At 1,056 square feet for a two-bedroom, two-bath unit, the living spaces may feel somewhat restrictive for buyers looking for more expansive interior layouts.
THIS IS A MUST SEE!!! Beautifully maintained condo with 2 bedrooms, spacious living room with balcony access from living room and main bedroom. New Microwave installed 06-2026 fully maintained condo in Jasmine Ranch Homeowners Association, just moments away from great shopping, entertainment and dining. Featuring 2 bedrooms with large walk-in closet, 2 full baths, Washer and dryer in unit. Unit also has its own attached 1 car garage with direct access to home. TRASH, SEWER & COMMUNITY AMENITIES INCLUDED IN HOA DUES.
No exterior & parking available.
Grades PK-5 • 1.2 mi
Grades PK-5 • 1.2 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,056 | - |
| Lot Size | - | - |
| Price | $246.0K | $300.0K |
| Price per sq ft | $233 | $219 |
| Built year | 2006 | 0 |
| HOA | $215 | $0 |
| Days on market | 8 | 2285 |
Jul 14, 2026
$245,999
Initial Listing