
Henderson, NV 89011
This property presents a High-Potential Investment Opportunity with a List Price of $200,000—positioned well below the $192,226 Fair Market Value by -4%. While the property requires updates, its Fair Condition Rating and functional layout—including a 1-car detached garage and walk-in closets—provide a solid foundation for value-add renovations. Located in a prime Henderson area near recreational hubs, this asset is well-suited for Fix-and-Flip Investors or Buy-and-Hold Investors seeking to capitalize on the significant rental demand in this market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 833 Aspen Peak Loop 1424 Subject | $200,000* List Price | 2 | 2 | 1,160 | $166 | - |
A 833 Aspen Peak Loop 1514 Active | $237,888 List Price | 2 | 2 | 1,160 | $205 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2006 (18 years old), the property is approaching the 20-year mark. While the age technically sits in the 'Good' range, the listing agent explicitly states the property 'needs work' and 'TLC' and is priced for a flip, indicating it is not move-in ready and requires the minor repairs and updates characteristic of a 'Fair' rating.
Priced at $200,000 with a recent model match sale at $255,000, this property offers a significant $55,000 equity cushion, making it an ideal candidate for a flip or high-yield rental.
The property is situated in a highly desirable area with immediate proximity to Rodeo Park, the Wetlands, and Cowabunga Bay, offering excellent lifestyle and recreational appeal.
The unit features a spacious floor plan with large bedrooms, walk-in closets, and the added value of a detached one-car garage, which is a premium feature for condominiums.
The property is explicitly listed as needing 'TLC' and work, which will require an immediate capital investment and management of renovations before it is move-in ready.
The assigned middle and high schools have low performance ratings (2 and 3 respectively), which may deter families and impact long-term resale value to certain buyer demographics.
***Priced for A QUICK SALE!!!*** This Property has a Model Match Sold for 255K and we are Listed for 200k! It was also appraised at 225k in May 2026. This Property Does Need Work, TLC, etc. Buy it to Make it Your Own, Flip it, Or Make it into a Great Rental! This Property Features Large Bedrooms with Walk In Closets, It Has a 1 Car Detached Garage, Spacious Living Room, and Lots of Cabinets and Counter Space. The Property is in Prime Location with EASY ACCESS to Freeway, Shopping, and Parks! It is only around the corner from Rodeo Park, the Wetlands AND Cowabunga Bay!! Hurry because this Opportunity Won't Last!
No exterior & parking available.
Grades PK-5 • 2.1 mi
Grades PK-5 • 2.1 mi
Grades 6-8 • 2.4 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 | 1,160 | 1,613 | 23% |
| Lot Size | - | - | 50% |
| Price | $200.0K | $0 | 69% |
| Price per sq ft | $172 | $0 | 62% |
| Built year | 2006 | 2006 | 50% |
| HOA | $255 | $159 | 62% |
| Days on market | 44 | 2345 | 8% |
May 6, 2026
$200,000
Initial Listing