
Las Vegas, NV 89113
This property presents a High-Potential Investment Opportunity with a List Price of $260,000—positioned above the $232,699 Fair Market Value by 11%. While currently priced above market, the asset offers immediate stability as a Buy-and-Hold Investor property, featuring a secured lease through August 2027. With a Condition Rating of 4, the unit includes desirable amenities like a pool, spa, and patio. Located near top-rated schools like Goolsby Elementary, this is an ideal acquisition for long-term income investors seeking a turnkey rental in the 89113 zip code.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8000 West Badura Avenue 1045 Subject | $260,000* List Price | 2 | 2 | 914 | $255 | - |
A 8000 West Badura Avenue 1088 Sold | $249,000 | 2 | 2 | 1,036 | $240 | 0.1 mi |
B 8000 Badura Avenue 2053 Sold | $195,000 | 1 | 1 | 690 | $283 | 0.0 mi |
C 8000 Badura Avenue 2023 Sold | $242,500 | 2 | 2 | 1,036 | $234 | 0.1 mi |
D 7701 West Robindale Road 277 Sold | $255,000 | 2 | 2 | 1,073 | $238 | 1.0 mi |
E 7185 S Durango Drive 213 Sold | $195,000 | 1 | 1 | 823 | $237 | 1.0 mi |
F 8000 Badura Avenue 1038 Active | $239,900 List Price | 2 | 2 | 1,036 | $232 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, the property is 22 years old, which falls into the 'Fair' category (>20 years). While the exterior and community amenities appear well-maintained, the age suggests that the interior systems, kitchen, and bathrooms are likely original and dated, requiring minor repairs or modern updates.
Elementary School: Judy & John L Goolsby Elementary School (9/10).
The property is currently tenant-occupied with a secured lease through August 31, 2027, providing immediate and stable cash flow for an investor without the need for initial marketing or tenant screening.
The location is served by several top-tier educational institutions, including Goolsby and Frias Elementary Schools which boast ratings of 9/10, significantly enhancing the property's long-term desirability and value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8749, other record lot size in square feet = 11456.
The long-term lease agreement through late 2027 effectively excludes owner-occupant buyers, narrowing the potential buyer pool strictly to investors willing to wait years to take possession.
With only 914 square feet for a two-bedroom, two-bathroom configuration, the interior layout may feel constrained compared to larger units in the same price bracket, potentially limiting appeal for long-term residents.
Tenant occupied with a great tenant and a lease in place through August 31,2027. All info & measurements to be verified by buyer's agent and/or buyer.
No exterior & parking available.
Grades PK-5 • 1.2 mi
Grades PK-5 • 1.6 mi
Grades PK-5 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 914 | 1,059.468 |
| Lot Size | 8,749 | 6,055.359 |
| Price | $260.0K | $225.8K |
| Price per sq ft | $284 | $213 |
| Built year | 2004 | 1996 |
| HOA | $203 | $254 |
| Days on market | 21 | 71 |
Aug 19, 2026
$260,000
Initial Listing