698 S Racetrack Road 413, Henderson, NV 89015, Henderson, 89015 - 2 bed, 2 bath
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Henderson, NV 89015
This Condominium Asset represents a Strong Value Opportunity, listed at $224,880—positioned well below the $227,260 Fair Market Value by 1%. This valuation gap offers $2,380 in Instant Equity. Featuring a Fair Condition Rating, the unit offers a functional Dual Primary Suite layout and access to a Community Pool and Spa. While the property requires cosmetic modernization, its proximity to the highly-rated Sue H Morrow Elementary School provides long-term stability. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 698 S Racetrack Road 413 Subject | $219,880* List Price | 2 | 2 | 1,151 | $196 | - |
A 698 S Racetrack Road 1712 Sold | $239,000 List Price | 2 | 2 | 1,151 | 0.1 mi | |
B 698 S Racetrack Road 713 Pending | $223,000 List Price | 2 | 2 | 1,151 | $194 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1995, this 31-year-old property is in mostly original condition. The kitchen and bathrooms feature dated oak-style cabinetry, laminate countertops, and older white appliances. While the unit appears well-maintained and move-in ready, it lacks modern updates and falls into the 'Fair' category due to its age and the need for cosmetic modernization.
The rare dual primary suite layout offers maximum privacy and functional flexibility, making it an ideal choice for roommates, multi-generational living, or a dedicated home office.
As a first-floor unit in a gated community, this property provides convenient step-free access and enhanced security, complemented by desirable amenities including a community pool and fireplace.
The property is located less than half a mile from Sue H Morrow Elementary, which carries a high rating of 7, providing significant appeal and value for families with young children.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1151, other record lot size in square feet = 2970.
While the elementary school is highly rated, the assigned middle and high schools have lower ratings of 4 and 3, which may be a consideration for long-term residents.
Built in 1995, the unit may require modern cosmetic updates or appliance replacements to remain competitive with newer condominium developments in the Henderson area.
Charming 2Bed/2Bath 1st Floor Condo nestled in this beautiful gated community in Henderson! This home has separate dual primary suites! Soothing designed kitchen, cozy fireplace, community pool, incredible amenities and more! Balcony has a slider from both the primary suite and living area. A cozy gem with tranquil space to relax and call Home!
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 2.2 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,151 | 886 | 67% |
| Lot Size | 1,151 | - | 67% |
| Price | $219.9K | $180.0K | 83% |
| Price per sq ft | $191 | $197 | 50% |
| Built year | 1995 | 1993 | 67% |
| HOA | $233 | $185 | 83% |
| Days on market | 35 | 2952 | 17% |
May 30, 2026
$219,880
$224,880
-2% Price Drop
Initial Listing
May 12, 2026
$224,880
Initial Listing
Jan 30, 1998
$79,500
Public Record
Dec 22, 1994
$78,000
Public Record