7940 Decker Canyon Drive 201, Las Vegas, NV 89128, Las Vegas, 89128 - 2 bed, 2 bath
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Las Vegas, NV 89128
This Condominium Asset represents a High-Potential Investment Opportunity, listed at $234,000—positioned well above the $203,165 Fair Market Value by -15%. While the property requires modernization due to its Condition Rating of 4, it offers functional living space with a wood-burning fireplace, community pool, and assigned covered parking. Located near various schools, this unit provides a value-add project for Buy-and-Hold Investors or first-time buyers seeking to build equity through cosmetic renovations in a established community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7940 Decker Canyon Drive 201 Subject | $234,000* List Price | 2 | 2 | 1,136 | $179 | - |
A 7961 Terrace Rock Way 202 Sold | $214,000 | 2 | 2 | 1,136 | $188 | 0.0 mi |
B 7961 Terrace Rock Way 202 Sold | $214,000 | 2 | 2 | 1,136 | $188 | 0.0 mi |
C 1313 Pinto Rock Lane 202 Sold | $217,000 | 2 | 2 | 1,136 | $191 | 0.1 mi |
D 1329 Pinto Rock Lane 102 Sold | $190,000 | 2 | 2 | 1,136 | $167 | 0.1 mi |
E 913 Falconhead Lane 202 Sold | $230,000 List Price | 2 | 2 | 1,136 | 0.3 mi | |
F 1329 PINTO ROCK Lane 102 Sold | $190,000 | 2 | 2 | 1,136 | $167 | 0.1 mi |
G 1305 Markwood Circle 102 Active | $199,000 List Price | 2 | 2 | 1,192 | $167 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992 (32 years old), the property is functional but dated. While the flooring has been updated to laminate, the kitchen and bathrooms feature original oak cabinetry, older white appliances, and fluorescent light boxes. The presence of popcorn ceilings and original fixtures suggests the home is past its 20-30 year update cycle, though it remains move-in ready without visible structural defects.
Residents benefit from desirable community features including a clubhouse and a sparkling pool, enhancing the overall lifestyle and recreational appeal of the property.
The 1,136 sqft layout is well-proportioned with two bedrooms and two bathrooms, featuring a cozy wood-burning fireplace that adds character and comfort to the living area.
The inclusion of assigned covered parking is a significant advantage in the Las Vegas climate, providing essential protection for vehicles from the sun.
Built in 1992, the unit may require cosmetic updates or appliance upgrades to compete with newer or fully renovated condominiums in the area.
While some elementary schools in the district perform well, several nearby middle and high schools have lower ratings, which may be a consideration for families or long-term resale value.
Welcome to the highly desirable Rock Springs community! This charming 2-bedroom, 2-bath condo offers a spacious and comfortable layout designed for easy living. The inviting living room features a cozy wood-burning fireplace, creating the perfect space to relax and unwind. Built in 1992, the home blends timeless character with everyday functionality. Residents enjoy access to the community clubhouse and sparkling pool, ideal for both entertaining and leisure. Assigned covered parking adds year-round convenience. Don’t miss this opportunity to own in one of the area’s most sought-after communities!
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades PK-5 • 1.1 mi
Grades PK-5 • 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 | 1,136 | 1,074 | 60% |
| Lot Size | - | 1 | 48% |
| Price | $234.0K | $191.5K | 69% |
| Price per sq ft | $206 | $215 | 44% |
| Built year | 1992 | 1994 | 49% |
| HOA | $215 | $192 | 58% |
| Days on market | 14 | 902 | 1% |
Jun 1, 2026
$234,000
Initial Listing