7965 Terrace Rock Way 202, Las Vegas, NV 89128, Las Vegas, 89128 - 2 bed, 2 bath
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Las Vegas, NV 89128
This Updated Residential Condominium is a Strong Value Opportunity, listed at $219,000—positioned well below the $240,174 Fair Market Value by 8%. This valuation gap provides $21,174 in Instant Equity for the incoming owner. Featuring a Condition Rating of 3, the interior boasts brand-new flooring, an upgraded kitchen with new countertops, and a remodeled primary bathroom. Located near Summerlin with quick freeway access, the property balances modern cosmetic updates with a highly accessible location. This move-in-ready asset is ideal for Buy-and-Hold Investors or first-time buyers seeking immediate wealth accumulation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7965 Terrace Rock Way 202 Subject | $219,000* List Price | 2 | 2 | 1,136 | $211 | - |
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 1412 Oak Rock Drive 201 Sold | $196,000 | 2 | 2 | 912 | $215 | 0.0 mi |
D 7961 Terrace Rock 102 Sold | $162,000 List Price | 2 | 2 | 1,136 | 0.0 mi | |
E 1320 Driscoll Drive 202 Sold | $227,500 | 2 | 2 | 1,192 | $191 | 0.3 mi |
F 1336 HUNTDALE Lane 101 Sold | $224,000 | 2 | 2 | 996 | $225 | 0.3 mi |
G 7964 Rim Rock Way 102 Active | $279,900 List Price | 2 | 2 | 1,136 | $246 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and benefits from significant recent cosmetic updates, including brand-new flooring throughout, an upgraded kitchen with new countertops, and a remodeled primary bathroom. Although the 1992 build is reflected in some dated elements like the original oak cabinetry, fluorescent kitchen lighting, and popcorn ceilings, the home is well-maintained with no immediate renovation required.
The property features brand-new flooring throughout, a beautifully remodeled primary bathroom, and an upgraded kitchen with new countertops, providing a fresh, move-in-ready aesthetic.
Ideally situated with quick freeway access and proximity to major shopping and dining hubs, offering excellent convenience for commuters and residents.
With a competitive price point and a functional 2-bedroom, 2-bathroom layout, this condo is well-positioned to attract both first-time homebuyers and rental investors.
The property is zoned for several schools with lower performance ratings, particularly at the middle and high school levels, which may deter families prioritizing education.
Built in 1992, the property may soon require capital improvements for original systems or common area elements not covered by the recent interior cosmetic renovations.
Welcome to this charming 2-bedroom, 2-bathroom condo offering comfort and convenience! Ideally located with quick freeway access and just minutes from shopping and dining. The home features brand-new flooring throughout, a beautifully remodeled primary bathroom, and an upgraded kitchen with new countertops. Move-in ready and perfect for homeowners or investors alike!
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades PK-5 • 1.2 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 | 1,025 | 67% |
| Lot Size | 2,739 | 766 | 71% |
| Price | $219.0K | $189.8K | 63% |
| Price per sq ft | $193 | $208 | 45% |
| Built year | 1992 | 1993 | 50% |
| HOA | $210 | $174 | 60% |
| Days on market | 69 | 1404 | 1% |
Feb 12, 2026
$219,000
Initial Listing