8040 Tailwind Avenue, Las Vegas, NV 89131, Las Vegas, 89131 - 3 bed, 3 bath
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8040 Tailwind Avenue
Las Vegas, NV 89131
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,802Sq Ft
5,663Lot Size
Property Price
LIST PRICE$430,000
EST. MARKET VALUE
$448,586
4% BelowMARKET VALUE
SUMMARY
This Spacious Northwest Home is a Strong Value Opportunity, listed at $450,000—positioned well below the $458,804 Fair Market Value by 2%. This valuation gap offers $8,804 in Instant Equity. Featuring a private pool and spa on an oversized lot, the property maintains a Condition Rating of 4, offering a solid foundation for cosmetic updates. Located near highly-rated schools like James Bilbray Elementary, this home is an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term value.
Estimated Market Value
$448,586+$18,586 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8040 Tailwind Avenue Subject | $430,000* List Price | 3 | 3 | 1,802 | $249 | - |
A 8205 Impatients Avenue Sold | $410,000 | 3 | 3 | 1,884 | $218 | 0.3 mi |
B 8005 Exploration Avenue Sold | $415,000 | 3 | 3 | 1,674 | $248 | 0.3 mi |
C 8221 Hollister Avenue Sold | $410,000 | 3 | 2 | 1,770 | $232 | 0.3 mi |
D 7512 Abbigal Court Sold | $420,000 | 3 | 3 | 1,854 | $227 | 0.8 mi |
E 8096 Marin Pointe Avenue Sold | $500,000 | 2 | 2 | 1,878 | $266 | 0.4 mi |
F 7920 Sierra Rim Sold | $405,000 | 3 | 2 | 1,404 | $288 | 0.6 mi |
G 8225 Valley Stream Avenue Sold | $435,000 | 3 | 2 | 1,473 | $295 | 0.3 mi |
H 7101 Feather Pine Street Sold | $424,000 | 3 | 2 | 1,583 | $268 | 0.5 mi |
I 7312 Hospitality Place Pending | $424,900 List Price | 3 | 3 | 1,674 | $254 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1998 (28 years old), the property features original finishes including oak cabinetry and white tile countertops in the kitchen. While the home appears well-maintained and functional, it is dated and exceeds the 20-year threshold without a major renovation, indicating a need for cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- Private Outdoor Oasis
The property features a sparkling pool and spa situated on an oversized lot with the significant advantage of having no neighbors on one side, offering enhanced privacy.
- Inviting Architectural Volume
The interior boasts an open-concept kitchen and living area with vaulted ceilings and abundant natural light, creating a spacious and modern feel for a 1,800+ sqft home.
- Prime Educational Proximity
Located within a mile of well-rated elementary, middle, and high schools, this home is perfectly positioned for families prioritizing short commutes to quality education.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Constructed in 1998, the property may require updates to major systems or cosmetic refreshments to meet modern buyer expectations and energy efficiency standards.
- Limited Bedroom Count
At 1,802 square feet, the three-bedroom configuration may be less competitive for larger families compared to other Northwest Las Vegas listings that offer four bedrooms in a similar size range.
About 8040 Tailwind Avenue
Northwest 2 story home with sparkling pool and spa. Step into your desert oasis, home featuring 3 spacious bedrooms and open concept kitchen and living room with vaulted ceilings and lots of natural light. Oversized backyard with a pool and spa, 2 car garage and no neighbors on one side. Located near schools, shopping, and more.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1998
- Lot Size
- 5,663 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $82 / Month
Neighborhood Insights
Las Vegas Unified Schools
Betsey A Rhodes Elementary School
Grades PK-5 • 0.5 mi
7/10
James Bilbray Elementary School
Grades PK-5 • 2.2 mi
8/10
William & Mary Scherkenbach Elementary School
Grades PK-5 • 2.3 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,802 | 1,961.945 |
| Lot Size | 5,663 | 6,098 |
| Price | $430.0K | $486.0K |
| Price per sq ft | $239 | $259 |
| Built year | 1998 | 2002 |
| HOA | $82 | $83 |
| Days on market | 44 | 62 |
Pricing History
Listed for Sale
Sep 7, 2026
$430,000
$435,000
-1% Price Drop
Initial Listing
Price Change
Aug 7, 2026
$435,000
$445,000
-2% Price Drop
Initial Listing
Price Change
Aug 1, 2026
$445,000
$450,000
-1% Price Drop
Initial Listing
Price Change
Jul 27, 2026
$450,000
Initial Listing
Sold
Dec 19, 1997
$126,000
Public Record