601 Cabrillo Circle 859, Henderson, NV 89015, Henderson, 89015 - 2 bed, 2 bath
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601 Cabrillo Circle 859
Henderson, NV 89015
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
886Sq Ft
0Lot Size
Property Price
LIST PRICE$184,999
EST. MARKET VALUE
$191,803
3% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $185,000—positioned well below the $191,763 Fair Market Value by 3%. This valuation gap provides $6,763 in Instant Equity for the buyer. Featuring a Mint Condition Rating with modern shaker cabinets and quartz countertops, this unit offers a move-in ready lifestyle with community pool access. While school ratings are modest, the property’s functional layout and private laundry make it an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a low-maintenance asset.
Estimated Market Value
$191,803+$6,804 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Henderson.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1992, the property has undergone a full modern renovation within the last 5 years. The kitchen features new shaker cabinets, quartz countertops, and stainless steel appliances, while the bathrooms have been completely remodeled with contemporary tile and fixtures, putting it in mint, move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Renovations
The property is fully renovated with modern finishes, updated bathrooms, and an electric fireplace, offering a move-in-ready experience that eliminates the need for immediate capital improvements.
- Functional Storage & Convenience
Unlike many condos of this size, this unit features walk-in closets in both bedrooms and a private in-unit laundry room, significantly enhancing daily functionality and storage capacity.
- Competitive Price Point
Listed at $185,000 for a 2-bedroom, 2-bathroom renovated unit in Henderson, this property represents a strong value proposition for first-time homebuyers or investors seeking entry into the market.
CONSRISKS & DEFICIENCIES
- Underperforming School District
The assigned elementary and high schools carry low ratings (2 and 3 respectively), which may be a deterrent for families and could impact future appreciation compared to higher-rated zones.
- Seasonal Utility of Outdoor Space
The screened-in porch is not climate-controlled, limiting its usability as a comfortable living area during the extreme summer heat typical of the Henderson/Las Vegas region.
About 601 Cabrillo Circle 859
Fully Renovated 2-Bedroom Condo with Private Laundry & Walk-In Closets! Welcome to this beautifully updated 2-bedroom, 2-bath condo located in Building 8 of a well-maintained community. This move-in ready unit features a spacious open layout with an electric fireplace in the living room—perfect for relaxing or entertaining. The home includes a screened-in/covered porch that provides outdoor space for enjoying fresh air or morning coffee (not climate controlled). The unit also features a private in-unit laundry room for added convenience. Both bedrooms are generously sized and include walk-in closets, offering ample storage. The bathrooms have been updated, and the home features modern finishes throughout. Residents have access to a community pool and spa, enhancing the overall living experience. This property offers a great combination of comfort, functionality, and community amenities.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1992
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $310 / Month
Neighborhood Insights
Henderson Unified Schools
Robert L Taylor Elementary School
Grades PK-5 • 0.3 mi
2/10
B Mahlon Brown Junior High School
Grades 6-8 • 1.2 mi
4/10
Basic Academy
Grades 9-12 • 0.3 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 886 | 1,151.889 |
| Lot Size | - | 5,607.667 |
| Price | $185.0K | $268.4K |
| Price per sq ft | $209 | $230 |
| Built year | 1992 | 1998 |
| HOA | $310 | $290 |
| Days on market | 24 | 90 |
Pricing History
Listed for Sale
Aug 21, 2026
$184,999
$185,000
+0% Price Increase
Initial Listing
Price Change
Aug 16, 2026
$185,000
Initial Listing