8501 W University Avenue 1126, Las Vegas, NV 89147, Las Vegas, 89147 - 2 bed, 2 bath
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Las Vegas, NV 89147
This Move-In Ready Ground-Floor Condominium is listed at $250,000, representing a stable entry into the Southwest Las Vegas market near its $234,067 Fair Market Value. Boasting a Condition Rating of 3, the residence features a 2021 AC replacement, 9-foot ceilings, and a private patio. Residents benefit from a gated community with a pool, fitness center, and proximity to Roger M Bryan Elementary. With exclusive financing available—offering no PMI and no lender closing costs—this home provides exceptional monthly affordability. It is a perfect fit for Owner-Occupants or first-time buyers seeking a turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8501 W University Avenue 1126 Subject | $250,000* List Price | 2 | 2 | 1,019 | $230 | - |
A 8501 W University Avenue 1123 Sold | $269,000 List Price | 3 | 2 | 1,090 | 0.0 mi | |
B 7950 W Flamingo Road 2168 Sold | $230,000 List Price | 2 | 2 | 1,023 | 0.8 mi | |
C 7950 W Flamingo Road 1138 Sold | $226,900 | 2 | 2 | 1,023 | $222 | 0.9 mi |
D 8501 UNIVERSITY Avenue 1101 Sold | $180,000 List Price | 2 | 2 | 1,019 | 0.1 mi | |
E 8101 W Flamingo Road 1163 Sold | $240,000 | 2 | 2 | 1,042 | $230 | 0.7 mi |
F 8101 W Flamingo Road 1002 Active | $239,888 List Price | 2 | 2 | 1,042 | $230 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and appears well-maintained. Key updates include a new AC system installed in 2021, modern wood-look laminate flooring in the living areas, and updated stainless steel kitchen appliances. While the oak cabinetry and tile countertops in the kitchen and bathrooms are original to the 1998 construction, the overall interior is clean with contemporary light fixtures and fresh-looking paint, meeting the criteria for a well-maintained home within its expected lifespan.
This ground-floor unit offers convenient, stair-free access and is ideally situated with rapid proximity to Spring Valley, Summerlin, and Chinatown.
The air conditioning system was replaced in 2021, providing significant value and peace of mind regarding energy efficiency and cooling reliability in the Las Vegas climate.
The availability of exclusive financing with no PMI and no lender-related closing costs offers a substantial financial advantage for qualified buyers.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5587, other record lot size in square feet = 2260.
Built in 1998, the property may feature older architectural elements and finishes that require modernization to compete with newer condominium developments.
The assigned public schools carry moderate ratings (4-6), which may be a drawback for families specifically seeking top-tier educational districts.
Immaculate ground-floor 2-bed, 2-bath condo in a prime location with easy access to Spring Valley, Summerlin, and Chinatown. The open floor plan features 9-foot ceilings, creating a bright and airy feel with abundant natural light. Enjoy resort-style living in this gated community featuring a pool, spa, clubhouse, fitness center, BBQ area, playground, pet park, and lush green spaces. AC replaced in 2021. Covered parking space #250. Ask about exclusive Nevada State Bank financing — no PMI and no lender-related closing costs!
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 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 | 1,019 | 1,023 | 36% |
| Lot Size | 5,587 | 959 | 68% |
| Price | $250.0K | $239.0K | 61% |
| Price per sq ft | $245 | $231 | 69% |
| Built year | 1998 | 1999 | 48% |
| HOA | $235 | $200 | 72% |
| Days on market | 22 | 369 | 1% |
Mar 31, 2026
$250,000
Initial Listing
Apr 9, 1998
$83,000
Public Record