
Mesquite, NV 89027
This Prime Investment Opportunity is a 2-bedroom condominium listed at $199,000, positioned well below the $204,400 Fair Market Value by 2%. This valuation gap provides $5,400 in Instant Equity. With a Good Condition Rating, the unit features a functional split-bedroom layout and access to community amenities including a pool, spa, and clubhouse. While the monthly HOA fee warrants consideration, the property’s price point and location offer a stable entry for Buy-and-Hold Investors or first-time buyers seeking an accessible, low-maintenance asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 83 B Desert Willow Subject | $199,000* List Price | 2 | 0 | 1,130 | $181 | - |
A 731 Ocotillo B Pending | $217,000 List Price | 2 | 2 | 1,130 | $192 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, the property is 17 years old, placing it squarely in the 'Good' category (10-20 years). The exterior and interior appear well-maintained, functional, and move-in ready with standard finishes consistent with its age.
Priced under $200,000, this property offers an accessible entry point for investors or first-time buyers in the Mesquite market.
The Springs subdivision provides high-value amenities including a pool, hot tub, BBQ area, and clubhouse, enhancing the lifestyle appeal for residents.
The 1,130 sq. ft. floor plan features a central living area that separates the bedrooms, providing optimal privacy and a spacious feel.
The $300 monthly HOA fee represents a significant recurring carrying cost that may impact the overall net return for investors.
Built in 2007, the unit may require cosmetic updates or appliance upgrades to remain competitive with newer residential inventory.
Great investment opportunity! One big living, dining, kitchen area separating the two bedrooms. Laundry room tucked off in one corner. Balcony looks out to the east. Pool, hot tub, BB-Q area and clubhouse are nice amenities at The Springs!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 2007 | - | 0% |
| HOA | $300 | $0 | 0% |
| Days on market | - | - | 0% |
May 23, 2026
$199,000
Initial Listing