under $150,000 property in Pahrump Nevada
$
149,900
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Pahrump, Nevada
4031 Moapa St
2
Beds
1
Baths
1338
Sq Ft
1975
Built

Acreage

Ride-Out Horse Access, 0.8 Acres, Mountain Views — $149,900

6

out of 10

HousesUnder150K Score

Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%

CategoryWt.ScoreDetail
Property Merit50%70.8-acre fenced lot, horse access to open land, mountain views, private well/septic
Condition25%5Pellet stove, wall AC, swamp cooler — dated 1975 systems, no update dates given
Price / Sq Ft15%8Listing $112/sqft vs zip median $199/sqft — 44% below; thin 7-comp data but directional
Price vs. Market5%9$149,900 vs $362,343 zip median — 59% below; zip median likely skewed by newer builds
Market Conditions5%636.9% price drops is strong buyer signal; 177 DOM vs 68 median adds negotiating leverage

The price is the first thing to understand. At $149,900, this is coming in 44 percent below the per-square-foot median for its zip code. The zip median itself is inflated by newer construction, so that gap is probably not as dramatic as the raw number suggests, but it still represents a real discount for land and access you would have trouble finding at this price in most of Nevada.

The land is what this property is actually about. Just under an acre, fully fenced, with direct ride-out to open land behind the property. If you have horses, that is not a minor amenity. That is the whole point. There is also an adjacent lot available to purchase, which would bring the total to nearly two acres. The mountain views are visible from the property, which in Pahrump's flat terrain means you see them from most of the lot.

The house is 1,338 square feet, two bedrooms, one bath, built in 1975. The systems are dated and the listing gives no update dates, which means you should plan for them to be original. Heat comes from a pellet stove. Cooling is handled by a wall AC unit and a swamp cooler. A swamp cooler works in low-humidity desert air, but it is not the same as central air, and Pahrump summers get genuinely hot. The kitchen has newer black appliances and counter space described as ample. The well and septic are private, which removes a monthly utility and adds maintenance responsibility.

The house needs work. That is plain from the condition of the systems and the year it was built. At 177 days on market versus a local median of 68, and in a market where more than a third of listings have taken price cuts, there is room to negotiate.

What you get here is land, access, and a price that leaves money for the work the house needs. If the horses are the reason you are looking at Pahrump, this is worth a close look.

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