
Las Vegas, NV 89113
This Value-Add Residential Asset in the Nevada Trails community is listed at $509,900, offering a strategic entry point into a high-demand Southwest Las Vegas submarket. With a $434,794 Fair Market Value, the property presents a significant opportunity for forced appreciation through cosmetic renovations to its Condition Score of 4. The spacious 4-bedroom layout includes a rare downstairs bedroom and a tax record discrepancy that offers immediate value-add potential. Situated on a substantial 7,841 sqft lot near top-rated schools like Judith Steele Elementary, this is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7956 Mohican Canyon Street Subject | $509,900* List Price | 4 | 3 | 1,950 | $223 | - |
A 7532 Coyote Cave Avenue Sold | $500,000 | 4 | 3 | 1,944 | $257 | 0.6 mi |
B 7609 Slide Rock Avenue Sold | $559,955 List Price | 4 | 3 | 2,512 | 0.4 mi | |
C 7966 Skyline View Court Sold | $553,500 | 4 | 3 | 2,427 | $228 | 0.3 mi |
D 7630 Turquoise Stone Court Sold | $553,000 | 3 | 2 | 1,992 | $278 | 0.5 mi |
E 6998 Aptos Court Sold | $449,001 | 3 | 2 | 1,600 | $281 | 0.4 mi |
F 8184 Warbonnet Way Sold | $490,000 | 4 | 3 | 1,931 | $254 | 0.8 mi |
G 7427 Wagonwheel Ranch Way Pending | $485,000 List Price | 4 | 3 | 1,950 | $249 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, the property is 22 years old and retains most of its original finishes. The images show dated oak cabinetry, brass-finished fixtures, and carpeting that appears worn, indicating the home is functional but requires cosmetic updates and minor repairs to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1950.
Elementary School: Evelyn Stuckey Elementary School (9/10).
The home features a highly desirable layout with four bedrooms, including a rare downstairs bedroom and full bath, perfect for multi-generational living or a home office.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With 298 days on the market, the property may be perceived as a stale listing, which often necessitates a more aggressive pricing strategy to attract serious buyers.
The mismatch between tax records (3 bedrooms) and the actual count (4 bedrooms) could lead to complications during the appraisal or financing process if not properly documented.
Great and spacious home with 4 Beds 3 bath! Tax records shows 3 bedrooms, but it’s 4 bedrooms with 3 bedrooms upstairs and 1 bedroom downstairs.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades PK-5 • 1.2 mi
Grades PK-5 • 1.3 mi
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 | 1,950 | 2,470 | 32% |
| Lot Size | 7,841 | 5,663 | 71% |
| Price | $509.9K | $470.0K | 55% |
| Price per sq ft | $261 | $237 | 64% |
| Built year | 2003 | 2005 | 42% |
| HOA | $58 | $57 | 51% |
| Days on market | 337 | 494 | 46% |
Jul 14, 2025
$509,900
Initial Listing