$521,235 - $567,000
RENTED MAY 9, 2025

5048 Lower Falls Ct Las Vegas, NV 89141

Highlands Ranch Neighborhood
5 Beds
3 Baths
2,398 Sq Ft
$223 Price per Sq Ft

Last Sold September 25, 2024

Last sale price $515,000 $215 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,187/month

Highlights

  • Gated Community
  • 2 Car Attached Garage
  • Tile Flooring
  • Balcony
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of May 2025

2-STORY GEM LOCATED IN THE HEART OF THE SOUTHERN HIGHLANDS COMMUNITY. BOASTING 5 BEDROOMS, 3 BATHROOMS, 2398 SQFT. THIS HOME FEATURES PLUSH CARPET AND TILE FLOORING, 2 CAR GARAGE WITH EXTENDED DRIVEWAY, BALCONY, STAINLESS STEEL APPLIANCES, A COVERED BACKYARD PATIO, AND MUCH MORE! MINUTES FROM ALL YOU CAN NEED IN, SHOPPING, STORES, HIGHWAY ACCESS, PARKS, AND SCHOOLING! DO NOT MISS OUT, THIS HOME WON'T LAST LONG!

Last Agent to Rent the Property

Mike Misak Tchobanian

Vegas Capital Realty Brokerage Phone: 702-530-5844 License #B.1001228 Listed on: 04/17/2025

Last Renter's Agent

Ryen Roberson-Watt

eXp Realty License #S.0199611

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,653

Year Built

  • Built in 2010

Lot Details

  • 3,920 Sq Ft Lot
  • South Facing Home
  • Back Yard Fenced
  • Block Wall Fence

Parking

  • 2 Car Attached Garage
  • Inside Entrance

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,398 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds

Kitchen

  • Gas Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony

Schools

  • RIES Elementary School
  • Tarkanian Middle School
  • Desert Oasis High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $2,300
  • Property Available on 4/19/25
  • Tenant pays for cable TV, electricity, gas, grounds care, key deposit, sewer, trash collection, water
  • 12 Month Lease Term

Community Details

Overview

  • Property has a Home Owners Association
  • Cactus Twilight Association, Phone Number (702) 968-0405
  • Twilight At Cactus Hills Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,653

Year Built

Built in 2010

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care, Key Deposit, Sewer, Trash Collection, Water
  • Available Date: 2025-04-19
  • Security Deposit: 2300.0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.09
  • Subdivision Name: Twilight At Cactus Hills
  • Directions: S on I-15, exit Cactus Ave. Head W pass Decatur Blvd, gate is on the right, R on Fair Falls, R on Wild Creek Falls, L on Kepler Cascades, L on Lower Falls.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 2010
  • ResoPropertyType: ResidentialLease
  • Attribution Contact: 702-530-5844
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer/Dryer, Washer/DryerAllInOne, Washer
  • Full Bathrooms: 3
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: Ceiling Fan(s), Window Treatments
  • Living Area: 2398.0
  • Window Features: Blinds

Exterior Features

  • Fencing: Block, Back Yard
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Inside Entrance, Private

Utilities

  • Laundry Features: Gas Dryer Hookup, Laundry Room
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Gated
  • Association: Cactus Twilight
  • Association Phone #2: 702-968-0405
  • Association: Yes
  • Pets Allowed: Call

Schools

  • Elementary School: Ries, Aldeane Comito,Ries, Aldeane Comito
  • High School: Desert Oasis
  • Middle Or Junior School: Tarkanian

Lot Info

  • Lot Size Sq Ft: 3920.0
  • Additional Parcels Description: ---
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Sep 9, 2024
Sold by
Elegant Mandy Tran Revocable Trust and Tran Elegant Mandy
Bought by
Dnd Family Trust and Oganesian
Seller's Agent
Mike Misak Tchobanian
Vegas Capital Realty
Buyer's Agent
Mike Misak Tchobanian
Vegas Capital Realty
List Price
$520,000
Sold Price
$515,000
Premium/Discount to List
-$5,000
-0.96%
Views
10
Current Estimated Value
$535,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,559
Avg. Annual Appreciation
1.90%
Original Mortgage
$257,500
Outstanding Balance
$255,355
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$267,670

Purchase Details

Closed on
Nov 17, 2010
Sold by
Tran Mandy
Bought by
Tran Elegant Mandy and The Elegant Mandy Tran Revocable Trust

Purchase Details

Closed on
Jan 22, 2010
Sold by
D R Horton Inc
Bought by
Tran Mandy
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dnd Family Trust $515,000 Fidelity National Title
Tran Elegant Mandy -- Accommodation
Tran Mandy $227,037 Dhi Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dnd Family Trust $257,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Rented $2,300 0.0% --
05/05/2025 05/05/25 Under Contract -- -- --
04/17/2025 04/17/25 For Rent $2,300 0.0% --
09/25/2024 09/25/24 Sold $515,000 -1.0% $215 / Sq Ft
08/12/2024 08/12/24 For Sale $520,000 -- $217 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
Source: Las Vegas REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,653 $147,876 $38,500 $109,376
2024 $2,458 $147,876 $38,500 $109,376
2023 $2,458 $135,944 $33,250 $102,694
2022 $2,276 $123,359 $29,750 $93,609
2021 $2,107 $116,364 $28,000 $88,364
2020 $1,954 $113,935 $26,600 $87,335
2019 $1,831 $108,785 $22,750 $86,035
2018 $1,747 $101,191 $19,250 $81,941
2017 $2,724 $92,817 $17,500 $75,317
2016 $1,636 $82,235 $14,000 $68,235
2015 $1,633 $75,254 $9,800 $65,454
2014 $1,582 $52,269 $6,300 $45,969
Source: Public Records

Agents Affiliated with this Home

  • Mike Misak Tchobanian

    Landlord's Agent in 2025

    Mike Misak Tchobanian

    Vegas Capital Realty

    (702) 530-5844

    6 in this area

    195 Total Sales

    Mike Misak Tchobanian
    Section Image

  • R

    Tenant's Agent in 2025

    Ryen Roberson-Watt

    eXp Realty

    (510) 729-3542

    3 Total Sales

    Ryen Roberson-Watt
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2675421

Las Vegas REALTORS®

APN: 176-25-811-160

Nevada Clark County Las Vegas 89141 Highlands Ranch

5048 Lower Falls Ct, Las Vegas, NV

This home is located at 5048 Lower Falls Ct, Las Vegas, NV 89141 since 17 April 2025 and is currently priced at $535,559. This property was built in 2010. 5048 Lower Falls Ct is a home located in Clark County with nearby schools including Aldeane Comito Ries Elementary School, Lois & Jerry Tarkanian Middle School, and Desert Oasis High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Las Vegas REALTORS® The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.

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