
Henderson, NV 89002
This Value-Add Residential Asset is listed at $392,500, representing a stable entry point at its $392,500 Fair Market Value. Currently holding a Fair Condition (Rating: 4), the home requires modernization but offers significant forced appreciation potential through strategic updates. The 1,855 sqft floor plan includes four bedrooms and a spacious backyard on a 6,534 sqft lot with the added benefit of no HOA fees. Situated in the Highland Hills community, this property serves as a strategic acquisition for Fix-and-Flip Investors or Contractors looking to capitalize on the high demand for renovated homes in Henderson.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 713 Strawberry Place Subject | $392,500* List Price | 4 | 3 | 1,855 | $212 | - |
A 911 WAGON TRAIN Drive Sold | $441,000 | 4 | 3 | 2,262 | $195 | 0.5 mi |
B 948 SAN CARLOS CREEK Lane Sold | $497,500 | 4 | 2 | 1,884 | $264 | 0.4 mi |
C 752 Willow Avenue Sold | $500,000 | 3 | 3 | 1,890 | $265 | 0.9 mi |
D 712 Cozy Canyon Drive Sold | $399,990 List Price | 3 | 2 | 1,589 | 0.2 mi | |
E 818 Grape Vine Avenue Active | $474,999 List Price | 4 | 3 | 1,909 | $249 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981, this property is a classic fixer-upper requiring 'TLC' and modernization. The kitchen and bathrooms feature dated cabinetry, laminate counters, and older appliances. While the structure appears sound, the overgrown landscaping and presence of a large dumpster in the driveway indicate the need for significant cosmetic rehabilitation and deferred maintenance.
The absence of a Homeowners Association (HOA) provides homeowners with significant monthly savings and greater freedom to customize the property without restrictive community rules.
With four bedrooms including oversized secondary rooms and a large family area, the 1,855 sqft floor plan offers excellent versatility for growing families or home office needs.
The property features a 6,534 sqft lot with a spacious backyard, offering ample room for outdoor entertainment, gardening, or the potential addition of a private pool.
The property is noted as needing 'TLC,' indicating that immediate investment in repairs and cosmetic updates will be necessary to bring the home to its full potential.
Built in 1981, the home may have original systems or components that are nearing the end of their functional lifespan, potentially leading to higher maintenance costs.
4-bed, 2.5-bath with 2-car garage in Henderson. No HOA, spacious backyard. Oversized secondary bedrooms offer comfort and flexibility for family, guests or a home office; the spacious family room has a warm, inviting atmosphere. Ideal for investors and owner-occupants alike, ready for your TLC to create your dream home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,855 | 1,901 | 49% |
| Lot Size | 6,534 | 6,534 | 50% |
| Price | $392.5K | $0 | 61% |
| Price per sq ft | $212 | $0 | 61% |
| Built year | 1981 | 1998 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 84 | 2650 | 1% |
Jan 29, 2026
$392,500
Initial Listing
Dec 7, 1995
$114,000
Public Record