7950 West Flamingo Road 1019, Las Vegas, NV 89147, Las Vegas, 89147 - 2 bed, 2 bath
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Las Vegas, NV 89147
This First-Floor Corner Condominium represents a High-Potential Investment Opportunity with a List Price of $225,000—positioned well below the $228,374 Fair Market Value by 1%. This valuation gap provides $3,374 in Instant Equity for the incoming owner. Maintaining a Fair Condition Rating with original finishes, the unit features a functional split-bedroom layout, a fireplace, and a covered patio. Located near Roger M Bryan Elementary, Clifford J Lawrence Junior High, and Spring Valley High, this asset is ideal for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7950 West Flamingo Road 1019 Subject | $225,000* List Price | 2 | 2 | 1,023 | $224 | - |
A 7950 W FLAMINGO Road 2168 Sold | $165,000 List Price | 2 | 2 | 1,023 | 0.1 mi | |
B 7950 FLAMINGO Road 1092 Sold | $235,000 | 2 | 2 | 1,023 | $230 | 0.2 mi |
C 7950 W Flamingo Road 1092 Sold | $235,000 | 2 | 2 | 1,023 | $230 | 0.2 mi |
D 7950 W Flamingo Road 2145 Sold | $239,000 | 2 | 2 | 1,023 | $234 | 0.1 mi |
E 7950 W FLAMINGO Road 2145 Sold | $239,000 | 2 | 2 | 1,023 | $234 | 0.1 mi |
F 7950 W Flamingo Road 2168 Sold | $230,000 List Price | 2 | 2 | 1,023 | 0.1 mi | |
G 7950 W Flamingo Road 1037 Active | $255,000 List Price | 2 | 2 | 1,023 | $249 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1995 (29 years old) and appears to be in mostly original condition. While clean and well-maintained, the kitchen features dated oak cabinetry and white tile countertops typical of the mid-90s. With no evidence of recent major renovations to the systems or interior finishes, it falls into the 'Fair' category as it is functional but requires cosmetic updates.
As a first-floor corner unit with a split-bedroom floor plan, this condo offers enhanced privacy and easy access, making it ideal for roommates or those seeking a home office setup.
Residents benefit from a gated community lifestyle featuring three swimming pools and a fitness center, providing excellent recreational value and lifestyle appeal for the price point.
Situated near the Las Vegas Strip with convenient access to shopping and dining, the property offers a high-demand location for both owner-occupants and potential rental investors.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4630, other record lot size in square feet = 2100.
The assigned middle and high schools have lower performance ratings (5/10 and 4/10), which may be a drawback for families prioritizing top-tier educational districts.
Built in 1995, the unit may require cosmetic updates or system modernizations to compete with newer residential developments in the surrounding Las Vegas market.
Well-kept, FIRST-FLOOR corner unit with 2 bedrooms & 2 full bathrooms! Located in the desirable Rain Tree West gated community. Unit features a spacious open-concept floor plan with a large living room and cozy fireplace. The dedicated dining area includes sliding glass doors that open to a covered patio, ideal for indoor-outdoor living. The versatile split-bedroom layout offers privacy, with bedrooms positioned away from each other—perfect for guests, roommates, or a home office setup. Enjoy abundant natural light, a welcoming atmosphere, and a prime location close to shopping, dining, and the Strip. Community amenities include three sparkling pools, plus a fitness center. A perfect blend of comfort, convenience, & lifestyle—don’t miss this opportunity to own a home in this well-maintained community!
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 0.4 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 | 4,630 | 407 | 62% |
| Price | $225.0K | $235.0K | 45% |
| Price per sq ft | $220 | $230 | 37% |
| Built year | 1995 | 1998 | 35% |
| HOA | $200 | $196 | 52% |
| Days on market | 40 | 373 | 2% |
Apr 27, 2026
$225,000
Initial Listing
Jan 10, 1996
$80,000
Public Record