$285,000

5042 S Rainbow Blvd Unit 206 Las Vegas, NV 89118

$3,384
Closing credit¹
3 beds
2 full
1,163 sqft
$245 / sqft
Condo

Property details

About 5042 S Rainbow Blvd Unit 206

LOVELY 3 BEDROOM UPSTAIRS CONDO IN THE SOUTHWEST! New stainless dishwasher, fridge, microwave, and stove. New carpet, blinds, and paint throughout the unit! Washer and Dryer included. Gated community with 6 community pools, fitness center, and tennis courts. Trash and water included in the HOA. Plenty of parking and close to shopping, airport, schools, and parks. Move In READY!!

Highlights

Home typeCondominium
HeatingCentral, Natural Gas
StatusActive
CoolingCentral Air, Electric
Size1,163 sqft
Year built1987
ParkingAssigned, Covered, Detached Carport, Guest
MLS #2693051
FireplaceGas, Living Room

Virtual tour

Summary

  • Full Bathrooms: 2
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Flooring Type: Carpet, Tile
  • Interior: Ceiling Fan(s), Window Treatments
  • Fireplace: Gas, Living Room
  • Total Bedroom Count: 3
  • Private Pool: No
  • Parking: Assigned, Covered, Detached Carport, Guest
  • Exterior: None
  • Architectural Style: Two Story
  • Heating: Central, Natural Gas
  • Cooling: Central Air, Electric
  • List Price: $285,000
  • Price/SqFt: $245
  • HOA Amount: $220 Monthly
  • Annual Tax Amount: $781
  • Tax Year: 2024
  • Lot: Landscaped
  • Directions: From the 215 and West Tropicana head east on Tropicana. Turn Right on Rainbow and left into the community. Enter the gate on the right and head to the back of the complex. Unit is near the pool.
  • Year Built: 1987
  • Stories: 2
  • Living Area: 1,163 SqFt
  • MLS Number: 2693051
  • MLS Name: GLVAR
  • Office Name: Shelter Realty, Inc
  • Office Phone: (702) 376-7379
  • Listing Agent: Diana J. Albiston

IDX Disclaimer: 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. GLVAR MLS deems information reliable but not guaranteed.

Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/19/2025, 3:45:25 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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5042 S Rainbow Blvd Unit 206, Las Vegas, NV 89118 - view of building exterior

$285,000

5042 S Rainbow Blvd Unit 206

$3,384

closing credit¹

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Price information

Property sales

DateEventPrice
Dec 21, 2005
Home Sold
$227,900

Tax history

YearAssessmentProperty Tax
2024$45,068$781
2023$50,076$753
2022$37,504$731
2021$37,079$678
2020$36,678$676
2019$36,269$656
2018$27,608$637

History based on county public records data.

Nearby schools

5

Marion B. Earl Elementary School

Public District KG-5

0.1 mi

6650 W Reno Ave

4

Harvey N. Dondero Elementary School

Public District KG-5

1.0 mi

4450 Ridgeville St

7

Helen Jydstrup Elementary School

Public District KG-5

1.1 mi

5150 Duneville St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $57,472. The most common annual income of people living in Las Vegas, NV is between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

30%
<35k
55%
35k-100k
7%
100k-200k
8%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

58%
Single, No Kids
13%
Single, with Kids
16%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
6%
12-17 yrs old
33%
18-34 yrs old
40%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • PopeyesPopeyes
  • Boston MarketBoston Market

What do the neighbors drive?

  • KiaKia
  • NissanNissan
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5042 S Rainbow Blvd Unit 206

The listing price of 5042 S Rainbow Blvd Unit 206 property is $285,000.

The property 5042 S Rainbow Blvd Unit 206 is a condo located in Las Vegas, Nevada, 89118.

Active Listing: 5042 S Rainbow Blvd Unit 206 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5042 S Rainbow Blvd Unit 206 are: Marion B. Earl Elementary School (GreatSchools Rating 5/10), Harvey N. Dondero Elementary School (GreatSchools Rating 4/10), Helen Jydstrup Elementary School (GreatSchools Rating 7/10), Grant Sawyer Middle School (GreatSchools Rating 5/10), Kenny C. Guinn Middle School (GreatSchools Rating 6/10), Clifford J. Lawrence Junior High School (GreatSchools Rating 6/10), Durango High School (GreatSchools Rating 3/10), Spring Valley High School (GreatSchools Rating 6/10), Nevada State High School Southwest (GreatSchools Rating 10/10).

According to the records, the last property tax for 2024 is $781 (source: MLS/based on county public records data).

The last sale was on December 21, 2005 for $227,900 (source: MLS/tax record).

The property at 5042 S Rainbow Blvd Unit 206 has 3 bedrooms and 2 bathrooms.

The property 5042 S Rainbow Blvd Unit 206 is 1,163 SqFt (source: MLS/tax record).

The year of construction for 5042 S Rainbow Blvd Unit 206 is 1987.

This home is located at 5042 S Rainbow Blvd Unit 206 in Las Vegas, NV and zip code 89118 in the Vizcaya at the Trails neighborhood. This 1,163 square foot home was built in 1987. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 16, 2025 and is currently priced at $285,000.

In May 2025 more than 309 listings in Las Vegas, NV were sold above the asking price. During the same period more than 438 listings were sold at asking price, while more than 884 were sold below. The number of homes for sale in Las Vegas, NV increased by 13.9% between April and May 2025. In May 2025, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $440,424.

From Rocket Homes Real Estate and based on county public records data.

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