6135 Meadowgrass Lane, Las Vegas, NV 89103, Las Vegas, 89103 - 3 bed, 2 bath
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6135 Meadowgrass Lane
Las Vegas, NV 89103
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,242Sq Ft
1,307Lot Size
Property Price
LIST PRICE$250,000
EST. MARKET VALUE
$275,157
9% BelowMARKET VALUE
SUMMARY
This Southwest Las Vegas Townhouse represents a Strong Value Opportunity, listed at $250,000—positioned well below the $275,158 Fair Market Value by 9%. This valuation gap provides $25,158 in Instant Equity for the buyer. While the property holds a Condition Rating of 4, its durable tile and laminate flooring and private patio offer a solid foundation for cosmetic modernization. With proximity to major employment hubs and resort-style community amenities, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a strategic entry into the market.
Estimated Market Value
$275,157+$25,157 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6135 Meadowgrass Lane Subject | $250,000* List Price | 3 | 2 | 1,242 | $222 | - |
A 6211 Meadowhaven Lane Sold | $265,000 | 2 | 3 | 1,193 | $222 | 0.1 mi |
B 6168 Meadow View Lane Active | $237,500 List Price | 2 | 3 | 1,193 | $199 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1975, the property is nearly 50 years old and shows signs of aging despite being well-maintained. The kitchen features dated brown cabinetry and older soffits, while the bathrooms utilize basic, older-style vanities and fixtures. Although the flooring has been updated to laminate and tile, the core systems and aesthetic are dated (15-30y since major reno) and require modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Southwest Location
The property boasts exceptional proximity to the Las Vegas Strip, Chinatown, and Allegiant Stadium, offering residents unparalleled access to world-class entertainment, dining, and employment hubs.
- Comprehensive Community Amenities
Located in a gated community, residents benefit from resort-style features including two swimming pools, tennis and basketball courts, and mature landscaping, providing high value for the monthly association fee.
- Turnkey Interior Finishes
The home features durable tile and laminate flooring throughout, offering a modern, low-maintenance living environment that is ideal for both owner-occupants and savvy investors.
CONSRISKS & DEFICIENCIES
- Property Vintage
Built in 1975, the home may require more frequent maintenance or capital improvements to aging systems and infrastructure compared to newer residential developments in the area.
- Moderate School Ratings
The assigned public schools have ratings ranging from 4 to 5, which may be a drawback for families specifically seeking top-tier educational performance within the Clark County School District.
About 6135 Meadowgrass Lane
LOCATION, LIFESTYLE & VALUE! Beautifully maintained townhome in a gated Southwest Las Vegas community where convenience meets easy living. Positioned minutes from Chinatown, the Las Vegas Strip, Harry Reid International Airport, Downtown Las Vegas, Allegiant Stadium, restaurants, shopping, supermarkets, banking, and public transportation, this home puts the best of Las Vegas right at your fingertips. Step inside to a well-appointed interior featuring durable tile and laminate flooring throughout, creating a stylish and low-maintenance living environment. The private backyard offers a great space to unwind, entertain, or enjoy the Las Vegas sunshine, while the spacious storage room provides the extra space everyone needs. The community delivers an inviting resort-style atmosphere with beautifully landscaped greenbelts, mature shade trees, open grassy areas, and scenic walking paths. Residents enjoy TWO sparkling pools, tennis courts, basketball courts, and plenty of space to get outside and enjoy the community. Whether you're looking for a primary residence, second home, or low-maintenance Las Vegas property, this one checks the boxes. Prime Southwest location, gated community, private outdoor space, and fantastic amenities—opportunities like this deserve a closer look. Schedule your showing today and see why this townhome could be the one you've been waiting for!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1975
- Lot Size
- 1,307 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $210 / Month
Neighborhood Insights
Las Vegas Unified Schools
R Guild Gray Elementary School
Grades PK-5 • 1.2 mi
4/10
Kenny C Guinn Middle School
Grades 6-8 • 0.7 mi
5/10
Durango High School
Grades 9-12 • 2.6 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,242 | 1,414.01 |
| Lot Size | 1,307 | 2,178 |
| Price | $250.0K | $333.8K |
| Price per sq ft | $201 | $236 |
| Built year | 1975 | 1997 |
| HOA | $210 | $202 |
| Days on market | 25 | 70 |
Pricing History
Listed for Sale
Aug 15, 2026
$250,000
Initial Listing