698 S Racetrack Road 1114, Henderson, NV 89015, Henderson, 89015 - 3 bed, 2 bath
Loading property details...
Henderson, NV 89015
This Spacious Downstairs Condo represents a Move-In Ready Home listed at $247,000, positioned near its $237,665 Fair Market Value. Featuring new carpet, fresh paint, and a private patio, the property maintains a Fair Condition Rating with essential modern updates. The rare three-bedroom, ground-floor floorplan offers exceptional accessibility within a community protected by a rental cap, ensuring long-term stability and high owner-occupancy. Proximity to the top-rated Sue H Morrow Elementary School further enhances the lifestyle appeal for growing families or owner-occupants seeking a low-maintenance, high-integrity residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 698 S Racetrack Road 1114 Subject | $235,000* List Price | 3 | 2 | 1,148 | $205 | - |
A 698 S Racetrack Road 1712 Sold | $239,000 List Price | 2 | 2 | 1,151 | 0.0 mi | |
B 698 RACETRACK Road 322 Sold | $225,750 | 3 | 2 | 1,148 | $197 | 0.1 mi |
C 520 ARROWHEAD Trail 1322 Sold | $207,000 | 2 | 2 | 1,019 | $203 | 0.5 mi |
D 698 S Racetrack Road 823 Active | $225,000 List Price | 2 | 2 | 1,151 | $195 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1995, making it approximately 30 years old. While the listing highlights 'excellent condition' with new carpet, fresh paint, and a new water heater, these are considered minor cosmetic updates and routine maintenance rather than an extensive renovation. The visible bathroom fixtures, such as the pedestal sink, and the overall architectural style reflect the original construction era. It is move-in ready and well-maintained, but because it lacks a comprehensive modern overhaul of the kitchen and bathrooms to meet current high-end standards, it fits the 'fair' criteria for its age group.
The condo features significant recent upgrades including new carpet, fresh paint, and a new hot water heater, offering a turnkey experience for the next owner.
The community has reached its rental cap, ensuring a high percentage of owner-occupancy which typically results in better property maintenance and long-term value integrity.
As a downstairs unit with three bedrooms, this property provides rare single-level accessibility and ample space that is highly sought after by families and those with mobility preferences.
Due to the community being at its rental cap, new owners are restricted from using the property as a rental investment, limiting the buyer pool to primary residents.
While the elementary school is well-rated, the assigned middle and high schools have lower performance ratings, which may be a drawback for families with older children.
This spacious 3-bedroom, 2-bathroom downstairs condo is in excellent condition featuring new carpet, new paint, and a new hot water heater. The bright living area flows into a well-equipped kitchen, perfect for entertaining. Each bedroom is roomy, and there's in-unit laundry with easy outdoor access. Located in a desirable neighborhood near amenities, parks, and public transport, this condo is ideal for families or those seeking a low-maintenance lifestyle. This condo is approved for VA loans. This community is at its cap for rentals, so it is mostly owner occupied which helps hold the integrity of the community. Don’t miss out!
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 2.3 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 88% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,148 | 886 | 75% |
| Lot Size | - | - | 50% |
| Price | $235.0K | $184.5K | 88% |
| Price per sq ft | $205 | $203 | 63% |
| Built year | 1995 | 1993 | 63% |
| HOA | $223 | $185 | 88% |
| Days on market | 108 | 2898 | 13% |
Apr 10, 2026
$235,000
$247,000
-5% Price Drop
Initial Listing
Jan 5, 2026
$247,000
Initial Listing
Sep 21, 2001
$77,000
Public Record