7950 W Flamingo Road 1037, Las Vegas, NV 89147, Las Vegas, 89147 - 2 bed, 2 bath
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Las Vegas, NV 89147
This Upgraded First-Floor Condominium is a Prime Investment Opportunity listed at $255,000—positioned well below the $260,626 Fair Market Value by 2%. This valuation gap provides $5,626 in Instant Equity for the incoming owner. Boasting a Condition Rating of 3, the interior features luxury vinyl plank flooring, granite countertops, and stainless steel appliances. Residents enjoy a private patio steps from the community pool and proximity to Spring Valley High School. This move-in-ready asset is perfectly suited for Owner-Occupants or first-time buyers seeking a turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7950 W Flamingo Road 1037 Subject | $255,000* List Price | 2 | 2 | 1,023 | $255 | - |
A 7950 W Flamingo Road 1138 Sold | $226,900 | 2 | 2 | 1,023 | $222 | 0.1 mi |
B 7400 W FLAMINGO Road 1071 Sold | $262,000 | 2 | 2 | 959 | $273 | 0.5 mi |
C 8101 W Flamingo Road 1163 Sold | $240,000 | 2 | 2 | 1,042 | $230 | 0.2 mi |
D 7950 FLAMINGO Road 1092 Sold | $235,000 | 2 | 2 | 1,023 | $230 | 0.1 mi |
E 7950 W Flamingo Road 2145 Sold | $239,000 | 2 | 2 | 1,023 | $234 | 0.1 mi |
F 7885 W Flamingo Road 1115 Sold | $240,000 | 2 | 2 | 934 | $257 | 0.4 mi |
G 7950 W Flamingo Road 2019 Active | $250,000 List Price | 2 | 2 | 1,023 | $244 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant modern interior upgrades including luxury vinyl plank flooring throughout, granite countertops, and stainless steel kitchen appliances. While the structure was built in 1995 and the kitchen cabinetry appears to be original, the unit has been well-maintained and updated to meet current aesthetic standards, fitting the criteria for a well-maintained property with updated components.
The unit features contemporary finishes including luxury vinyl plank flooring, granite countertops, and stainless steel appliances, providing a move-in-ready aesthetic for buyers.
This first-floor unit offers a desirable open floor plan with a split-bedroom configuration for maximum privacy, plus a private patio located just steps from the community pool.
Situated in a gated community, the property is exceptionally located near major retail hubs like Sam's Club and Walmart, offering high convenience for daily shopping and dining.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4617, other record lot size in square feet = 2100.
Built in 1995, the property may require future capital expenditures for aging building systems or common area maintenance typical of a nearly 30-year-old development.
The assigned middle and high schools carry relatively low to average ratings, which could be a limiting factor for families prioritizing top-tier educational districts.
Come check out this beauty in the southwest! This cozy, upgraded 2-bedroom/2-bathroom condo unit is on the 1st floor. It features an open floor plan with bedrooms situated in end-to-end for occupants' privacy; luxury vinyl plank on the entire flooring; stainless steel kitchen appliances with granite countertops; fireplace in the living room; enjoy the outdoor in your very own private patio, only a few feet away from the resort style pool & spa. This gated Rain Tree West subdivision is conveniently located close to restaurants, grocery stores including Sam's Club & Walmart, retail shops, banks, gas station & a lot more! Schedule a tour now & fall in love with this beauty!
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 0.3 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 | 1,023 | 1,023 | 50% |
| Lot Size | 4,617 | 959 | 60% |
| Price | $255.0K | $239.0K | 61% |
| Price per sq ft | $249 | $231 | 75% |
| Built year | 1995 | 1999 | 28% |
| HOA | $240 | $200 | 72% |
| Days on market | 25 | 369 | 1% |
Mar 28, 2026
$255,000
Initial Listing
Nov 18, 1994
$82,500
Public Record