Zip Code
5020 Lancaster Dr, Las Vegas, NV 89120
3 beds · 2 baths · 1,672 sq ft · Lot: 7,841 sq ft · Single Family Home · Last Sold: $440K in 2022 · Built: 1973
Est. Value:
$502K
Est. Rent:
$1.5K/month

5020 Lancaster Dr Las Vegas, NV 89120

Get Owner Info
3 beds · 2 baths · 1,672 sq ft · Lot Size: 7,841 sq ft · Single Family Home
Est. Property Value: $502,382

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

5020 Lancaster Dr is in the 89120 neighborhood of Las Vegas, NV. It is located in Clark County and ZIP code 89120. This Single Family Home was built in 1973 and is approximately 52 years old. The single family home spans 1672 sq ft with 3 bedrooms and 2 bathrooms and sits on a 7841 sq ft lot. According to public records, it was last sold in 2022 for $440,000 and has a tax-assessed value of $199,774, which is $300 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 5020 Lancaster Dr Las Vegas, NV 89120 with Property Intel by Whitepages.

Investment Potential for 5020 Lancaster Dr

The property has a current estimated value of $502,382, which is 4% above the zip median, based on public records. It last sold on April 14, 2022 for $440K. Projected long-term
is $18,000 annually ($1,500 per month) with a 91% occupancy rate.

Discover more Single Family Homes in 89120.

Long-Term

Gross Rental
$18,000 per year($1,500 per month)
Net Operating Income
Cap Rate
Occupancy Rate
91%in 89120 zip code
 
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Owners & Occupancy for 5020 Lancaster Dr

This property is owned by Tyreece R Dightmon. Owner contact information includes 6 phone numbers and 3 email addresses.

Property Owners

Cell Phone(480) ***-****View Cell Phone
Residence*************
Landline(480) 615-6089
Distance from Property**********
Email Address****************@yahoo.comView Email
Cell Phone(702) ***-****View Cell Phone
Residence*************
Landline(702) 221-4057
Distance from Property**********
Email Address******************@yahoo.comView Email

Property Ownership Information

Purchase DateApril 14, 2022
Property Tax Amount$1,442 in 2024
Purchase Price$440,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************** age 59
Resident 2********************* age 38
Resident 3*************** age 88
Resident 4****************** age 44

Property Details for 5020 Lancaster Dr

Property Details

Property Sq Ft

Living Area

1,672 sq ft

3% above market

Lot Size

7,841 sq ft

12% above market

Price Per Sq Ft

Living Area

$300 / sq ft

0% above market

Lot Size Area

$64 / sq ft

4% below market

Property condition, age, exterior, etc. for 5020 Lanca…
Longitude: -115.090837 Latitude: 36.098095 Parcel Number (APN): 161-30-511-098…
Mortgage originated on through lender: Low Va Rates Llc for$******View Mortgage Details
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Discover more single family homes near 5020 Lancaster Dr in Las Vegas, Nevada. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 5020 Lancaster Dr in Clark County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$502,382
$411,980
$90,401 (22%)
$488,205
$63,595 (13%)
YoY Price Change
1.59%
7%
Year Built
1973
1999
-26 years
Living Space
1,672 sq ft
1,644 sq ft
28 (2%)
$ Per Living Sq Ft
$300
$258
$42 (16%)
Lot Size
7,841 sq ft
6,098 sq ft
1743 (29%)
$ Per Lot Sq Ft
$64
$75
-$11 (-15%)

Net Operating Income
$18,445
-$7,924 (-43%)
Annual Revenue
$18,000
$27,000
-$9,000 (-33%)
$8,543
-$1,064 (-12%)
Net Operating Income
$18,445
-$7,924 (-43%)
Cap Rate
4.46%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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