1390 Vegas Valley Dr #32 · Winchester, NV
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $490 – $910
Heat risk 8/10 · Major
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 17 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- ARV discount +13.2/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Livability +4.0/5.0
- Condition / age +4.0/5.0
- Schools +1.8/10.0
- Rent growth +1.4/5.0
- Appreciation +0.0/10.0
$119,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Chic 2-Bedroom Condo Minutes from the Las Vegas Strip! Discover this beautifully updated 2-bedroom, 1-bath condo — a true hidden gem in the heart of Las Vegas! Featuring fresh paint and brand-new flooring throughout, this home boasts a clean, modern aesthetic and a warm, welcoming vibe. Located in a prime, legendary location just minutes from the world-famous Las Vegas Strip, you'll enjoy unbeatable access to premier entertainment, fine dining, and top-tier shopping. Whether you're searching for a stylish personal residence or a savvy investment opportunity, this condo offers comfort, convenience, and incredible value in one of the most exciting cities in the world. Don’t miss your chance to own a piece of Las Vegas lifestyle!
Key facts
- Updated flooring
- Unbeatable access
- Prime location
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath condo listed at $119k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $560 ($7k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $119k).
- Recommended offer: $105k (12.0% below list) — sets the bar for market timing.
- Cap rate 11.9% vs local median 3.0% in Winchester — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 79/100 on livability (#3 in NV, #2,272 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime F, employment D-.
- Clark County School District (urban): math 21% / reading 39% proficiency, ranked #11 of 17 in NV (top 65%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Lake Robert E Es (math 14% / reading 27%, grade F, #280 of 402 statewide, top 70%, 642 students, 100% FRL); Martin Roy W Ms (reading 31%, 1,271 students, 100% FRL); Valley Hs (math 8% / reading 24%, grade F, #107 of 131 statewide, top 82%, 2,714 students, 100% FRL) — zoned schools average 100% FRL vs 52% district-wide (48 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents falling (-4.4%/yr); 215 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals lingering (median 93d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 92% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 14,754 units permitted in Clark County in 2024 (2,301 in 5+ unit buildings).
- At $1,948/mo this rent would consume 57% of the median local household income ($41k/yr) (locally 20% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $823 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
- Clark County population projected at +36% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (-3.0% appreciation + 0.0% rent growth), your $33k cash investment doubles in ~8 years — after that, you're playing with house money.
Negotiation context
- It's been on market 433 days — a 12% lower offer ($105k) is reasonable based on typical stale-listing flexibility.
- 11 sale attempts since 14y ago; this cycle's ask has dropped $36k (23%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Climate carrying-cost: extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 433 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.64% ✓
- Cap rate
- 11.94%
- Cash-on-cash
- 20.18%
- DSCR
- 1.90
- GRM
- 5.1
CMA / ARV
- ARV (median comp)
- $136,356
- List price
- $119,000
- Delta
- -12.73%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 585 S Royal Crest Cir #7 | 1.33mi | 2/1.0 | 816 (-5%) | 2mo | $105,000 | $129 | 54 |
| 1418 Griffith Ave | 1.03mi | 2/1.0 | 930 (+8%) | 2mo | $329,000 | $354 | 50 |
| 726 Tam O Shanter | 0.66mi | 2/1.0 | 952 (+10%) | 2mo | $310,000 | $326 | 50 |
| 322 Karen Ave #1106 | 1.06mi | 1/1.5 (-1) | 814 (-6%) | 0mo | $305,000 | $375 | 48 |
| 222 Karen Ave #1506 | 1.14mi | 1/1.5 (-1) | 814 (-6%) | 0mo | $330,000 | $405 | 48 |
| 222 Karen Ave #2003 | 1.14mi | 1/1.5 (-1) | 814 (-6%) | 3mo | $345,000 | $424 | 46 |
| 322 Karen Ave #2806 | 1.06mi | 1/1.5 (-1) | 814 (-6%) | 4mo | $400,000 | $491 | 45 |
| 650 Oakmont Ave #2111 | 0.87mi | 1/1.0 (-1) | 761 (-12%) | 2mo | $153,500 | $202 | 38 |
| 200 W Sahara Ave #3412 | 1.48mi | 1/1.5 (-1) | 974 (+13%) | 3mo | $270,000 | $277 | 34 |
| 1455 E Katie Ave Unit F12 | 1.20mi | 1/1.0 (-1) | 724 (-16%) | 2mo | $123,000 | $170 | 33 |
| 1455 E Katie Ave Unit F26 | 1.20mi | 1/1.0 (-1) | 724 (-16%) | 4mo | $135,000 | $186 | 32 |
| 1455 E Katie Ave Unit A21 | 1.19mi | 1/1.0 (-1) | 723 (-16%) | 4mo | $140,000 | $194 | 32 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- 8.6%
- Equity multiple
- 1.32×
- Total profit
- $10,825
- Equity at exit
- $17,743
- IRR
- 14.8%
- Equity multiple
- 2.02×
- Total profit
- $33,832
- Equity at exit
- $10,289
Cash invested: $33,320 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 71 Landlord-Friendly
- State Nevada
- 71 Landlord-Friendly · R+1
- County
- — inherits STATE
- City
- — inherits STATE
Active competition Active MLS
- For sale now
- 1 active · 1 under contract
- Median asking
- $115,000 ($171/sqft)
- Median days on market
- 65 d
- This list price
- 100% of active listings are priced below it
- ARV vs active asking
- -7.8% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 89169
- Home prices YoY
- -33.4%
- Rents YoY
- -4.4%
- Active inventory
- 215
- Price-to-rent
- 5.1×
Monthly cashflow live
- Estimated rent
- $1,948 high interval (Pro) →
- Mortgage (P&I)
- −$624
- Tax from tax record
- −$28 /mo · $335/yr
- Insurance
- −$50
- HOA
- −$277
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$409
- Net cashflow
- $560
Break-even live
Sensitivity live
| Price | -10% $628 | -5% $594 | +0% $560 | +5% $527 | +10% $493 |
|---|---|---|---|---|---|
| Rent | -10% $407 | -5% $483 | +0% $560 | +5% $637 | +10% $714 |
| Rate | -1.0pp $620 | -0.5pp $591 | base $560 | +0.5pp $530 | +1.0pp $498 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $29,750
- Closing costs
- $3,570
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 25 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 900 E Desert Inn Rd Las Vegas, NV | 1.0–2.0 | 1.0–2.0 | 1077 | $1,800 | $1.67 | 93d | 5 | 0.72mi |
| 2831 Geary Pl #2909 Las Vegas, NV | 2.0 | 1.0 | 1112 | $1,899 | $1.71 | 93d | 1 | 0.86mi |
| 1040 Canosa Ave Las Vegas, NV | 2.0 | 1.0 | 969 | $1,745 | $1.80 | 93d | 1 | 0.90mi |
| 3152 S Eastern Ave Las Vegas, NV | 2.0 | 1.0 | 987 | $1,450 | $1.47 | 73d | 1 | 0.94mi |
| 3168 S Eastern Ave #48 Las Vegas, NV | 1.0 | 1.0 | 671 | $1,600 | $2.38 | 42d | 1 | 0.95mi |
| 511 E Sahara Ave Las Vegas, NV | 1.0–2.0 | 1.0 | 900 | $1,600 | $1.78 | 93d | 3 | 1.02mi |
| 322 Karen Ave Las Vegas, NV | 1.0–2.0 | 1.0–2.0 | 1109 | $3,500 | $3.15 | 53d | 3 | 1.06mi |
| 322 Karen Ave Las Vegas, NV | 1.0–2.0 | 1.5–2.0 | 1230 | $4,500 | $3.66 | 30d | 4 | 1.06mi |
| 322 Karen Ave Las Vegas, NV | 1.0–3.0 | 2.0–2.5 | 1230 | $4,150 | $3.37 | 9d | 3 | 1.06mi |
| 1021 Griffith Ave Las Vegas, NV | 3.0 | 2.0 | 1094 | $2,200 | $2.01 | 93d | 1 | 1.13mi |
| 222 Karen Ave #3203 Las Vegas, NV | 1.0 | 2.0 | 814 | $2,500 | $3.07 | 93d | 1 | 1.14mi |
| 222 Karen Ave #306 Las Vegas, NV | 1.0 | 2.0 | 814 | $2,300 | $2.83 | 93d | 1 | 1.14mi |
| 222 Karen Ave #1105 Las Vegas, NV | 1.0 | 1.5 | 814 | $1,990 | $2.44 | 93d | 1 | 1.14mi |
| 222 Karen Ave #2904 Las Vegas, NV | 1.0 | 1.5 | 814 | $2,200 | $2.70 | 51d | 1 | 1.14mi |
| 222 Karen Ave #1004 Las Vegas, NV | 1.0 | 1.5 | 814 | $2,300 | $2.83 | 73d | 1 | 1.14mi |
| 222 Karen Ave #3005 Las Vegas, NV | 1.0 | 1.5 | 814 | $2,400 | $2.95 | 73d | 1 | 1.14mi |
| 1601 E Katie Ave Las Vegas, NV | 1.0–2.0 | 1.0–2.0 | 809 | $1,852 | $2.29 | 93d | 13 | 1.19mi |
| 2744 Karen Ave Unit 1 Las Vegas, NV | 2.0 | 1.0 | 875 | $1,295 | $1.48 | 28d | 1 | 1.22mi |
| 525 E Saint Louis Ave Las Vegas, NV | 2.0 | 2.0 | 1094 | $1,525 | $1.39 | 93d | 1 | 1.23mi |
| 2137 E Saint Louis Ave Las Vegas, NV | 3.0 | 1.0 | 1028 | $1,700 | $1.65 | 93d | 1 | 1.25mi |
| 1700 E Viking Rd Las Vegas, NV | 2.0 | 2.0 | 1085 | $1,662 | $1.53 | 93d | 3 | 1.26mi |
| 595 S Royal Crest Cir #18 Las Vegas, NV | 2.0 | 1.0 | 816 | $1,575 | $1.93 | 93d | 1 | 1.28mi |
| 3550 Paradise Rd Las Vegas, NV | 3.0 | 1.0–2.0 | 947 | $1,425 | $1.50 | 93d | 20 | 1.36mi |
| 3930 University Center Dr Las Vegas, NV | 2.0 | 2.0–3.0 | 1200 | $1,725 | $1.44 | 93d | 2 | 1.45mi |
| 200 W Sahara Ave #1611 Las Vegas, NV | 1.0 | 1.0 | 1090 | $1,800 | $1.65 | 93d | 1 | 1.49mi |
HOA detail $277/mo · $3,324/yr condo
- Likely covers
- gas
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-07-30days on market $119,000 Active 433 DOM
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2026-07-28days on market $119,000 Active 432 DOM
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2026-07-26days on market $119,000 Active 430 DOM
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2026-07-24days on market $119,000 Active 428 DOM
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2026-07-23days on market $119,000 Active 427 DOM
-
2026-07-22days on market $119,000 Active 426 DOM
-
2026-07-21days on market $119,000 Active 425 DOM
-
2026-07-20days on market $119,000 Active 424 DOM
-
2026-07-18days on market $119,000 Active 422 DOM
-
2026-07-18days on market $119,000 Active 421 DOM
-
2026-07-16days on market $119,000 Active 420 DOM
-
2026-07-15days on market $119,000 Active 419 DOM
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2026-07-14days on market $119,000 Active 418 DOM
-
2026-07-13days on market $119,000 Active 417 DOM
-
2026-07-13days on market $119,000 Active 416 DOM
-
2026-07-11days on market $119,000 Active 415 DOM
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2026-07-10days on market $119,000 Active 414 DOM
-
2026-07-09days on market $119,000 Active 413 DOM
-
2026-07-07days on market $119,000 Active 411 DOM
-
2026-07-06days on market $119,000 Active 410 DOM
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2026-07-05days on market $119,000 Active 409 DOM
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2026-07-03days on market $119,000 Active 407 DOM
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2026-07-02days on market $119,000 Active 406 DOM
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2026-07-01days on market $119,000 Active 405 DOM
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2026-06-30days on market $119,000 Active 404 DOM
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2026-06-29days on market $119,000 Active 403 DOM
-
2026-06-28days on market $119,000 Active 402 DOM
-
2026-06-27days on market $119,000 Active 401 DOM
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2026-06-27days on market $119,000 Active 400 DOM
-
2026-06-25days on market $119,000 Active 398 DOM
-
2026-06-22days on market $119,000 Active 396 DOM
-
2026-06-21days on market $119,000 Active 395 DOM
-
2026-06-18days on market $119,000 Active 392 DOM
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2026-06-17days on market $119,000 Active 391 DOM
-
2026-06-16days on market $119,000 Active 390 DOM
-
2026-06-15days on market $119,000 Active 389 DOM
-
2026-06-13days on market $119,000 Active 387 DOM
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2026-06-09days on market $119,000 Active 383 DOM
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2026-06-08days on market $119,000 Active 382 DOM
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2026-06-07days on market $119,000 Active 381 DOM
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2026-06-03days on market $119,000 Active 377 DOM
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2026-06-02days on market $119,000 Active 376 DOM
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2026-06-01days on market $119,000 Active 375 DOM
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2026-05-31days on market $119,000 Active 374 DOM
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2026-03-23price $119,000 751-char remark
Show marketing remark (751 chars)
Chic 2-Bedroom Condo Minutes from the Las Vegas Strip! Discover this beautifully updated 2-bedroom, 1-bath condo — a true hidden gem in the heart of Las Vegas! Featuring fresh paint and brand-new flooring throughout, this home boasts a clean, modern aesthetic and a warm, welcoming vibe. Located in a prime, legendary location just minutes from the world-famous Las Vegas Strip, you'll enjoy unbeatable access to premier entertainment, fine dining, and top-tier shopping. Whether you're searching for a stylish personal residence or a savvy investment opportunity, this condo offers comfort, convenience, and incredible value in one of the most exciting cities in the world. Don’t miss your chance to own a piece of Las Vegas lifestyle!
-
2025-10-29price $139,000 751-char remark
Show marketing remark (751 chars)
Chic 2-Bedroom Condo Minutes from the Las Vegas Strip! Discover this beautifully updated 2-bedroom, 1-bath condo — a true hidden gem in the heart of Las Vegas! Featuring fresh paint and brand-new flooring throughout, this home boasts a clean, modern aesthetic and a warm, welcoming vibe. Located in a prime, legendary location just minutes from the world-famous Las Vegas Strip, you'll enjoy unbeatable access to premier entertainment, fine dining, and top-tier shopping. Whether you're searching for a stylish personal residence or a savvy investment opportunity, this condo offers comfort, convenience, and incredible value in one of the most exciting cities in the world. Don’t miss your chance to own a piece of Las Vegas lifestyle!
-
2025-09-05price $149,000 751-char remark
Show marketing remark (751 chars)
Chic 2-Bedroom Condo Minutes from the Las Vegas Strip! Discover this beautifully updated 2-bedroom, 1-bath condo — a true hidden gem in the heart of Las Vegas! Featuring fresh paint and brand-new flooring throughout, this home boasts a clean, modern aesthetic and a warm, welcoming vibe. Located in a prime, legendary location just minutes from the world-famous Las Vegas Strip, you'll enjoy unbeatable access to premier entertainment, fine dining, and top-tier shopping. Whether you're searching for a stylish personal residence or a savvy investment opportunity, this condo offers comfort, convenience, and incredible value in one of the most exciting cities in the world. Don’t miss your chance to own a piece of Las Vegas lifestyle!
-
2025-05-22$155,000 Active 751-char remark
Show marketing remark (751 chars)
Chic 2-Bedroom Condo Minutes from the Las Vegas Strip! Discover this beautifully updated 2-bedroom, 1-bath condo — a true hidden gem in the heart of Las Vegas! Featuring fresh paint and brand-new flooring throughout, this home boasts a clean, modern aesthetic and a warm, welcoming vibe. Located in a prime, legendary location just minutes from the world-famous Las Vegas Strip, you'll enjoy unbeatable access to premier entertainment, fine dining, and top-tier shopping. Whether you're searching for a stylish personal residence or a savvy investment opportunity, this condo offers comfort, convenience, and incredible value in one of the most exciting cities in the world. Don’t miss your chance to own a piece of Las Vegas lifestyle!
-
2025-05-22historical
Show marketing remark (751 chars)
Chic 2-Bedroom Condo Minutes from the Las Vegas Strip! Discover this beautifully updated 2-bedroom, 1-bath condo — a true hidden gem in the heart of Las Vegas! Featuring fresh paint and brand-new flooring throughout, this home boasts a clean, modern aesthetic and a warm, welcoming vibe. Located in a prime, legendary location just minutes from the world-famous Las Vegas Strip, you'll enjoy unbeatable access to premier entertainment, fine dining, and top-tier shopping. Whether you're searching for a stylish personal residence or a savvy investment opportunity, this condo offers comfort, convenience, and incredible value in one of the most exciting cities in the world. Don’t miss your chance to own a piece of Las Vegas lifestyle!
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2025-04-23price $159,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast NV · Resets to sale price
- Current annual tax
- $335 · $28/mo
- Projected year-2 tax
- $702 · $59/mo
- Expected delta
- +$367/yr (+$31/mo · 109.8%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 8/10 Severe 7 d/yr ≥107°F today · 17 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $23,376
- − Mortgage interest
- −$6,666
- − Property taxes
- −$335
- − Insurance
- −$595
- − Repairs & maintenance
- −$1,870
- − Management
- −$1,870
- − HOA
- −$3,324
- − Depreciation
- −$3,462
- Taxable income
- $5,254
- Est. tax owed @ 24.0%
- −$1,261
- After-tax cash flow
- $5,464/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 9 photos
This 2-bedroom, 1-bath condo is in excellent condition with modern updates and a prime location. It's ready for immediate occupancy and can be further enhanced with minor cosmetic improvements.
Value-add opportunities
- Both Painting the exterior and interior — Fresh paint can enhance curb appeal and interior aesthetics. ↑
- Both Landscaping improvements — A well-maintained yard can increase both resale and rental value. ↑
- Both HVAC system cleaning and maintenance — A clean and well-maintained HVAC system can improve comfort and energy efficiency, attracting more tenants and buyers. ↑
- Both Flooring replacement (if worn) — Replacing worn-out flooring can improve the overall look and feel of the home, making it more appealing to potential buyers and renters. ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Schools (NCES district)
- District
- Clark County School District
- NCES district ID
- 3200060
- Math proficiency
- 21% ▼ -13.00%
- Reading proficiency
- 39% ▼ -8.00%
- Median HH income
- $53,611
- Composite
- 26.48/100
- National rank
- #7211
- State rank
- #11 of 17 in NV
Livability — Winchester
- Score
- 79/100
- State rank
- #3
- US rank
- #2272
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Winchester, NV
- County
- Clark County · 2,504,101 people
- City population
- 39,883
- Metro
- Las Vegas-Henderson-Paradise, NV
- Population (ZIP)
- 22,171
- Household income
- $40,904
- Rent vs Own
- Severe rent burden
- 20% of renters
Population outlook (Clark County) Hauer SSP2
- Today (2025)
- 2,504,101 people
- By 2030
- 2,693,770 · +7.6%
- By 2040
- 3,061,208 · +22.2%
- By 2050
- 3,400,072 · +35.8%
- By 2075
- 4,139,522 · +65.3%
- By 2100
- 4,596,916 · +83.6%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Highly diverse neighborhood (Simpson 0.74)
- Race & ethnicity
- Hispanic / Latino 33% White 30% Black 23% Two or more races 13% Asian 9% Native American 2%
- Hispanic origin (detail)
- Mexican 21% Cuban 5%
- Common ancestry
- Iranian 1% Italian 1% Slovak 1%
- Foreign-born
- 30% · Canada, China
- Languages at home
- 59% English-only · Spanish 27% Tagalog/Filipino 4% Other Asian/Pacific 3%
Political lean MEDSL · Clark
- 2024 margin
- Toss-up / Even · D 50.4% · R 47.8% · Other 1.7%
- 2008→2024 swing
- -16.5pp toward R · 2008: 19.1pp · 2024: 2.6pp
- All cycles
- 2024: D+2.6 2020: D+9.3 2016: D+10.7 2012: D+14.5 2008: D+19.1
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -136.91%
- Current HPI
- 272.6449
- Rent YoY
- ▼ -4.43%
- Metro
- Las Vegas-Henderson-Paradise, NV
- State GDP YoY
- ▲ 3.08%
- F500 in state
- 6
Industry mix (Fortune 500 HQ in NV)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Hotels / Casinos | 3 | $36B |
|
||
Price history
+58.7% since first listed36 events — show timeline
- 2026-03-23 Price Changed $119,000 GLVAR
- 2025-10-29 Price Changed $139,000 GLVAR
- 2025-09-05 Price Changed $149,000 GLVAR
- 2025-05-22 Listing Removed — GLVAR
- 2025-05-22 Listed $155,000 GLVAR
- 2025-04-23 Price Changed $159,000 GLVAR
- 2025-04-10 Price Changed $169,000 GLVAR
- 2025-03-11 Listed $179,000 GLVAR
- 2025-02-11 Sold (Public Records) $115,000 Public Records
- 2013-09-26 Sold (MLS) $40,100 GLVAR
- 2013-08-14 Contingent — GLVAR
- 2013-08-14 Listed $39,100 GLVAR
- 2013-08-12 Listing Removed — GLVAR
- 2013-08-08 Relisted — GLVAR
- 2013-08-05 Contingent — GLVAR
- 2013-07-15 Listed $39,100 GLVAR
- 2013-07-14 Listing Removed — GLVAR
- 2013-07-12 Relisted — GLVAR
- 2013-06-21 Contingent — GLVAR
- 2013-05-15 Price Changed $39,100 GLVAR
- 2013-05-10 Relisted — GLVAR
- 2013-04-18 Contingent — GLVAR
- 2013-04-13 Price Changed $41,800 GLVAR
- 2013-04-06 Relisted — GLVAR
- 2013-04-03 Contingent — GLVAR
- 2013-03-01 Listed $44,100 GLVAR
- 2013-01-31 Listing Removed — GLVAR
- 2013-01-22 Contingent — GLVAR
- 2013-01-09 Price Changed $30,000 GLVAR
- 2012-11-09 Price Changed $32,999 GLVAR
- 2012-10-11 Relisted — GLVAR
- 2012-10-11 Price Changed $38,000 GLVAR
- 2012-09-10 Contingent — GLVAR
- 2012-08-29 Price Changed $27,500 GLVAR
- 2012-08-27 Listed $30,000 GLVAR
- 2005-02-14 Sold (Public Records) $75,000 Public Records
Property tax history
-2.7%/yrLatest (2025): $335 · +7.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…