
Henderson, NV 89015
This High-Potential Investment Opportunity is listed at $180,000, positioned above the $155,874 Fair Market Value. While the price reflects a premium, the property offers a Fair Condition Rating and significant operational advantages, including a low $175 HOA fee covering water and sewer. Located near Top-Rated Schools like Gordon Mccaw Elementary (9/10), this ground-floor unit features a private patio and community pool access. This residence is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, strategically located Henderson asset.
Property is moderate renovation needed.
Built in 1993 (31 years old), the property falls into the 'Fair' category due to its age and dated features. While the flooring has been updated to modern laminate and the unit is meticulously maintained, the kitchen retains original oak cabinetry and laminate countertops. The systems and appliances appear functional but are aged, suggesting a need for minor cosmetic and mechanical updates in the near future.
Elementary School: Gordon Mccaw Elementary School (9/10).
The property features a remarkably low HOA fee of $175 per month which includes water and sewer utilities, offering significant value and predictable monthly expenses for owners or investors.
Ideally situated with quick access to the 215 and 11 Freeways, the home is minutes from the Water Street District, CSN, and local parks, providing a high level of convenience for commuting and recreation.
At 724 square feet with only one bedroom, the compact footprint may limit the property's appeal to a smaller demographic of buyers and lacks flexibility for a home office or guest room.
Built in 1993 and featuring standard finishes like basic drapes and blinds, the unit may require cosmetic upgrades to meet the aesthetic expectations of modern buyers looking for contemporary interiors.
Discover a charming retreat nestled in the heart of Henderson, offering a lifestyle of comfort and convenience. Low HOA with water and sewer paid. First floor unit across from the community pool. This delightful condominium presents a unique opportunity for those seeking a meticulously maintained home with thoughtful features. The single-story layout ensures effortless living, providing a seamless flow throughout the inviting interiors. A well-appointed kitchen, complete with a microwave, facilitates everyday culinary endeavors with ease. The residence boasts a serene bedroom and a full bathroom, creating a perfect sanctuary. Thoughtful interior touches include blinds, a ceiling fan, and drapes, adding to the home's comfort and aesthetic appeal. Enjoy the Nevada sunshine on your private patio, an ideal spot for relaxation or quiet moments outdoors. This property offers a harmonious blend of indoor comfort and outdoor enjoyment, making it a truly desirable residence. The neighborhood provides convenient access to local amenities and community offerings, enhancing the overall living experience. Easy access to the 215 and 11 Freeways, Water Street of downtown Henderson. 25 minutes from the Las Vegas Strip. Quick ride to the airport as well as minutes away from CSN College of Southern Nevada. Parks, schools, bike trails, gyms, shopping, gaming, all very close by.
No exterior & parking available.
Grades PK-5 • 1.3 mi
Grades 6-8 • 2.0 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 17% |
| Baths | 1.0 | 2.0 | 17% |
| Square foot | 724 | 886 | 17% |
| Lot Size | - | - | 50% |
| Price | $180.0K | $180.0K | 50% |
| Price per sq ft | $249 | $203 | 83% |
| Built year | 1993 | 1993 | 50% |
| HOA | $175 | $185 | 33% |
| Days on market | 8 | 2959 | 17% |
Jun 14, 2026
$180,000
Initial Listing
Apr 20, 1994
$52,000
Public Record