925 Sulphur Springs Lane 101, Las Vegas, NV 89128, Las Vegas, 89128 - 2 bed, 2 bath
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925 Sulphur Springs Lane 101
Las Vegas, NV 89128
ACTIVE
CONDITION: POOR
2Beds
2Baths
912Sq Ft
0Lot Size
Property Price
LIST PRICE$189,999
EST. MARKET VALUE
$178,509
6% AboveMARKET VALUE
SUMMARY
This 2-bedroom Condominium represents a Strong Value Opportunity, listed at $189,999—positioned well below the $178,510 Fair Market Value by 6%. While the property maintains a Condition Rating of 5, the inclusion of a brand new A/C system provides immediate mechanical reliability. The unit offers a functional 912 sqft floor plan with a private patio, ideal for those seeking to build value through cosmetic personalization. This is an excellent acquisition for Buy-and-Hold Investors or first-time buyers prioritizing location and long-term equity growth.
Estimated Market Value
$178,509
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 |
|---|---|---|---|---|---|---|
★ 925 Sulphur Springs Lane 101 Subject | $189,999* List Price | 2 | 2 | 912 | $196 | - |
A 1017 Falconhead Lane 102 Sold | $165,000 | 2 | 2 | 912 | $181 | 0.1 mi |
B 7940 Decker Canyon Drive 201 Sold | $222,000 | 2 | 2 | 1,136 | $195 | 0.3 mi |
C 1325 Keifer Lane 201 Sold | $206,000 | 2 | 2 | 1,192 | $173 | 0.3 mi |
D 1830 North Buffalo Drive 2096 Sold | $186,000 | 2 | 1 | 969 | $192 | 0.9 mi |
E 1150 N Buffalo Drive 2015 Sold | $190,000 | 2 | 2 | 928 | $205 | 0.5 mi |
F 1830 N Buffalo Drive 1029 Sold | $225,000 | 2 | 2 | 1,104 | $204 | 0.9 mi |
G 913 Sulphur Springs Lane 202 Active | $195,000 List Price | 2 | 2 | 912 | $214 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1990 (34 years old), the property falls into the >30y category without a recorded full renovation. While the brand new HVAC system is a significant mechanical upgrade, the interior finishes, kitchen, and laundry area appear original and dated, requiring major updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- New HVAC System
The property features a brand new A/C system with a 10-year warranty, providing significant energy efficiency and peace of mind for buyers in the Las Vegas climate.
- Strategic Location
Ideally situated with convenient access to major roadways, shopping, dining, and local recreation like the nearby soccer park, enhancing lifestyle appeal.
- Competitive Value
Priced under $190,000 with a recent price reduction, this 2-bedroom condo offers an affordable entry point for first-time buyers or investors in a functional layout.
CONSRISKS & DEFICIENCIES
- Modernization Requirements
Built in 1990 and marketed as an opportunity to 'personalize,' the unit likely requires cosmetic updates to replace dated finishes and maximize its market potential.
- Inconsistent School Ratings
While some nearby schools are highly rated, several assigned institutions have lower performance scores, which may impact long-term resale value for family-oriented buyers.
About 925 Sulphur Springs Lane 101
Welcome home to this charming 2-bedroom, 2-bath condo in Las Vegas! Imagine starting your day with convenient access to nearby parks, schools, shopping, dining, and major roadways, all while enjoying a comfortable space you can personalize and make your own. The inviting kitchen offers a cozy space to prepare your favorite meals, entertain guests, and create memories. The comfortable bedrooms provide a peaceful retreat with a warm and welcoming feel, offering the perfect space to relax at the end of the day. Enjoy being close to a nearby soccer park, perfect for outdoor activities, recreation, and enjoying the beautiful Las Vegas weather. This home also features a brand new A/C system with a 10-year warranty, providing peace of mind and energy-efficient comfort for years to come. Featuring a functional floor plan with 912 sqft of comfortable living space and a convenient location near everyday essentials, this home offers the perfect blend of comfort, opportunity, and lifestyle.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1990
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $255 / Month
Neighborhood Insights
Las Vegas Unified Schools
Richard H Bryan Elementary School
Grades PK-5 • 0.8 mi
6/10
Edythe & Lloyd Katz Elementary School
Grades PK-5 • 1.2 mi
4/10
James B Mcmillan Elementary School
Grades PK-5 • 1.3 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 912 | 1,059.468 |
| Lot Size | - | 6,055.359 |
| Price | $190.0K | $225.8K |
| Price per sq ft | $208 | $213 |
| Built year | 1990 | 1996 |
| HOA | $255 | $254 |
| Days on market | 44 | 71 |
Pricing History
Listed for Sale
Sep 3, 2026
$189,999
$199,000
-5% Price Drop
Initial Listing
Price Change
Jul 27, 2026
$199,000
Initial Listing