
Las Vegas, NV 89107
This property presents a Strong Value Opportunity with a List Price of $368,500—positioned well below the $388,936 Fair Market Value by 5%. This valuation gap offers $20,436 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home is move-in ready but offers significant potential for cosmetic modernization. With a rare 2-car garage, no HOA fees, and a large lot, this is a stable asset ideal for Buy-and-Hold Investors or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5908 Heron Avenue Subject | $359,000* List Price | 3 | 2 | 1,178 | $297 | - |
A 6208 Cromwell Avenue Sold | $360,000 | 3 | 2 | 1,196 | $301 | 0.4 mi |
B 6325 Parsifal Place Sold | $350,000 | 3 | 2 | 1,224 | $286 | 0.9 mi |
C 713 Upland Boulevard Sold | $350,000 | 4 | 2 | 1,360 | $257 | 0.2 mi |
D 225 Wisteria Avenue Sold | $330,000 | 3 | 1 | 960 | $344 | 0.4 mi |
E 6333 Clarice Avenue Sold | $359,000 | 3 | 2 | 1,224 | $293 | 0.9 mi |
F 6545 Casada Way Sold | $280,000 | 3 | 2 | 988 | $283 | 1.0 mi |
G 6144 Cromwell Avenue Sold | $350,000 | 3 | 2 | 1,571 | $223 | 0.4 mi |
H 6224 Arlington Avenue Active | $350,000 List Price | 3 | 2 | 1,180 | $297 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, the property is well-maintained but dated. The kitchen features older tile countertops and cabinetry likely from a 20-30 year old renovation. While functional and move-in ready, the home requires cosmetic updates and likely system evaluations due to its age to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1178.
Unlike many homes of this vintage in the area, this property features a spacious 2-car garage, providing significant added value and storage capacity.
With zero association fees, homeowners enjoy lower monthly carrying costs and greater freedom over their property compared to many Las Vegas communities.
The 'doll house' potential suggests the home likely requires cosmetic or structural updates to meet contemporary aesthetic and functional standards.
At 1,178 square feet for a three-bedroom layout, the interior living spaces may feel limited for those seeking modern open-concept designs.
NO HOA Newer TuffShed, extra 200 sq ft, storage to the west, built in storage in the garage and the patio. Work benches and built in storage in the garage. Red Rock Elementary has been fully rebuilt and within walking distance.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,178 | 1,961.945 |
| Lot Size | 7,405 | 6,098 |
| Price | $359.0K | $486.0K |
| Price per sq ft | $305 | $259 |
| Built year | 1961 | 2002 |
| HOA | $0 | $83 |
| Days on market | 120 | 62 |
Aug 27, 2026
$359,000
$368,500
-3% Price Drop
Initial Listing
May 12, 2026
$368,500
Initial Listing