8744 Palomino Ranch Street, Las Vegas, NV 89131, Las Vegas, 89131 - 4 bed, 3 bath
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8744 Palomino Ranch Street
Las Vegas, NV 89131
ACTIVE
CONDITION: GOOD
4Beds
3Baths
2,318Sq Ft
3,485Lot Size
Property Price
LIST PRICE$420,000
EST. MARKET VALUE
$442,544
5% BelowMARKET VALUE
SUMMARY
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $430,000—positioned well below the $447,390 Fair Market Value by 3%. This valuation gap offers $17,390 in Instant Equity for the buyer. The property is in Good Condition, featuring a versatile floor plan with dual living areas and an elevated patio with mountain views. While minor repairs are underway, the home offers significant potential for Owner-Occupants or Buy-and-Hold Investors seeking a well-located asset in Iron Mountain Ranch.
Estimated Market Value
$442,544+$22,544 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 |
|---|---|---|---|---|---|---|
★ 8744 Palomino Ranch Street Subject | $420,000* List Price | 4 | 3 | 2,318 | $191 | - |
A 5032 Whistling Acres Avenue Sold | $398,000 | 4 | 3 | 2,083 | $191 | 0.3 mi |
B 8717 Dodds Canyon Street Sold | $402,000 | 3 | 3 | 1,735 | $232 | 0.2 mi |
C 5048 Whistling Acres Avenue Sold | $405,000 | 3 | 3 | 2,083 | $194 | 0.2 mi |
D 8616 PALOMINO RANCH Street Sold | $407,000 | 3 | 3 | 2,083 | $195 | 0.2 mi |
E 8616 PALOMINO RANCH Street Sold | $407,000 | 3 | 3 | 2,083 | $195 | 0.2 mi |
F 8616 Palomino Ranch Street Sold | $407,000 | 3 | 3 | 2,083 | $195 | 0.2 mi |
G 5321 Jackson Valley Court Sold | $385,000 | 2 | 3 | 1,735 | $222 | 0.2 mi |
H 5033 Ropers Rock Court Sold | $430,000 | 3 | 3 | 2,322 | $185 | 0.9 mi |
I 5316 Country Retreat Court Active | $435,000 List Price | 4 | 3 | 2,318 | $188 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2006, the property is exactly 20 years old, placing it at the upper limit of the 'Good' category. The exterior appears well-maintained, and while the listing mentions the seller is currently making repairs, the home remains functional and typical for its age bracket.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Floor Plan
The home features two large living areas on both the upper and lower levels, offering excellent flexibility for multi-generational living or separate entertainment zones.
- Scenic Outdoor Living
An elevated patio provides partial mountain views, adding significant value and a relaxing outdoor retreat within the Iron Mountain Ranch subdivision.
- Motivated Seller
The listing explicitly states the seller is motivated and currently making repairs, creating a strong opportunity for buyers to negotiate favorable terms.
CONSRISKS & DEFICIENCIES
- Compact Lot Size
At 3,485 square feet, the lot is relatively small for a home of this size, which limits private backyard space for gardening or large outdoor activities.
- In-Progress Repairs
The mention of ongoing repairs suggests the property may not be in full turnkey condition, potentially requiring additional scrutiny during the home inspection process.
About 8744 Palomino Ranch Street
HOME IS LOCATED IN THE IRON MOUNTAIN RANCH SUBDIVISION AND FEATURES 2318 SQUARE FEET OF LIVING AREA WHICH INCLUDES TWO (2) LARGE LIVING AREAS LOCATED IN THE UP AND DOWN STAIR AREAS MAKING IT A GREAT FEATURE FOR THIS FLOOR PLAN. THIS HOME FEATURES AN ELEVATED PATIO WITH PARTIAL MOUNTAIN VIEWS. SELLER IS MOTIVATED, PACKING AND MAKING SOME REPAIRS.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2006
- Lot Size
- 3,485 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $60 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,318 | 1,961.945 |
| Lot Size | 3,485 | 6,098 |
| Price | $420.0K | $486.0K |
| Price per sq ft | $181 | $259 |
| Built year | 2006 | 2002 |
| HOA | $60 | $83 |
| Days on market | 38 | 62 |
Pricing History
Listed for Sale
Aug 21, 2026
$420,000
$430,000
-2% Price Drop
Initial Listing
Price Change
Aug 2, 2026
$430,000
Initial Listing