1005 E 4th St · Trinidad, CO 81082

$85,000

3 bd · 1.0 ba · 992 sqft · SingleFamily public records · 209 Days on market

Built 1913 0.25 ac lot Est $131k · 35% under ↓ 43% since listing

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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 +29.4/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +7.0/10.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this cozy and inviting 3-bedroom, 1-bath home, move in ready, nestled on the peaceful edge of town. . Step inside to a functional layout with warm wood-paneled walls that give the home a classic, nostalgic feel. The bathroom has been recently updated, offering clean finishes and accessibility features. The roof was replaced in 2016, and the chimney for the stove was professionally cleaned last year, providing peace of mind. The kitchen features an easy flow into the adjoining dining area. Bedrooms have natural light and views of the surrounding hillsides. The outdoor space feels like the kind of yard where memories are made, sunny afternoons, blooming flowers, and simple joys. With its solid structure, recent improvements, and a price that allows room for upgrades, this home is full of potential, whether you keep its vintage charm or modernize it to your taste. Schedule a showing today to see the possibilities this property offers!

Key facts

• Replaced roof
• Cleaned chimney
• Outdoor space

Tags

• WOOD PANELED WALLS
• UPDATED BATHROOM
• REPLACED ROOF
• CLEANED CHIMNEY
• OUTDOOR SPACE

Property features AI

Exterior

• Parking: Two parking spaces (off-street)
• Utilities: Public water; Septic tank sewer
• Home design: Single-family residence; One story; Unattached property
• Construction: Frame construction; Shingle roof
• Exterior features: Front porch; Level lot; Paved public road frontage; Publicly maintained road

Interior

• Kitchen: Oven; Range; Refrigerator
• Bedrooms: Three bedrooms, all on the main level; Primary suite on the main level
• Flooring: Carpet; Linoleum
• Bathrooms: One three-quarter bathroom on the main level
• Heating & cooling: Propane heating; Gas water heater
• Interior features: No stairs (single-level); Smoke-free; Walk-in closet(s); Window coverings; Partially furnished
• Laundry & utility: Main-level laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $85k.

Deal economics

• At list price, monthly cash flow is $300 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $85k).
• Recommended offer: $75k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.5% vs local median 3.0% in Trinidad — 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 58/100 on livability (#303 in CO) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, health & safety A+, housing A; Watch: crime F, amenities F, commute F.
• Trinidad School District 1 In The County Of Las Animas And (town): math 6% / reading 27% proficiency, ranked #82 of 86 in CO (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Fisher'S Peak Elementary School (math 5% / reading 22%, grade F, #824 of 966 statewide, top 88%, 403 students, 76% FRL); Trinidad Middle School (math 2% / reading 15%, grade F, #251 of 270 statewide, top 94%, 180 students, 74% FRL); Trinidad High School (math 15% / reading 44%, grade F, #233 of 381 statewide, top 64%, 213 students, 62% FRL).
• Market conditions: 262 active listings in the ZIP; 43 units permitted in Las Animas County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $588 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Las Animas County population projected at -40% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $24k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 209 days — a 12% lower offer ($75k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts; this cycle's ask has dropped $64k (43%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1913 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $74,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 209 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1913 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. 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?
7. 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.
8. 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.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.20% ✓
• Cap rate: 10.53%
• Cash-on-cash: 15.14%
• DSCR: 1.67
• GRM: 6.9

CMA / ARV

• ARV (on-the-fly): $130,944
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
800 Baltimore Ave	0.25mi	3/1.0	1,079 (+9%)	6mo	$105,000	$97	69
114 N Gordon St	0.35mi	2/1.0 (-1)	1,100 (+11%)	5mo	$115,000	$105	56
409 S Oak St	0.13mi	2/2.5 (-1)	1,134 (+14%)	4mo	$150,000	$132	56
212 W 3rd St	0.58mi	2/1.0 (-1)	900 (-9%)	15mo	$128,000	$142	40

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 5.8%
• Equity multiple: 1.22×
• Total profit: $5,322
• Equity at exit: $12,674

10-year hold

• IRR: 15.1%
• Equity multiple: 2.22×
• Total profit: $29,132
• Equity at exit: $7,349

Cash invested: $23,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 38 Tenant-Leaning
• State Colorado: 38 Tenant-Leaning · D+4
• County: — inherits STATE
• City: — inherits STATE

2023 reforms: 10-day cure, mandated notice, source-of-income protected. Courts backlogged in Denver.

Methodology + full state rankings →

ZIP-level market 81082

• Home prices YoY: -21.1%
• Active inventory: 262
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $1,024 medium
• Mortgage (P&I): −$446
• Tax from tax record: −$27 /mo · $329/yr
• Insurance: −$35
• HOA: −$0
• Vacancy / Maint / Mgmt: −$215
• Net cashflow: $300

Break-even live

Break-even rent $644

Max offer price $85,000

Occupancy floor 66%

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: $21,250
• Closing costs: $2,550
• Reserves months: —
• Total cash needed: —

Listing history 29 events

1. 2026-06-18
   days on market $85,000 Active 209 DOM
2. 2026-06-17
   days on market $85,000 Active 208 DOM
3. 2026-06-16
   days on market $85,000 Active 207 DOM
4. 2026-06-15
   days on market $85,000 Active 206 DOM
5. 2026-06-13
   days on market $85,000 Active 204 DOM
6. 2026-06-12
   days on market $85,000 Active 203 DOM
7. 2026-06-09
   days on market $85,000 Active 200 DOM
8. 2026-06-08
   days on market $85,000 Active 199 DOM
9. 2026-06-07
   days on market $85,000 Active 198 DOM
10. 2026-06-04
    days on market $85,000 Active 194 DOM
11. 2026-06-02
    days on market $85,000 Active 193 DOM
12. 2026-06-01
    days on market $85,000 Active 192 DOM
13. 2026-05-31
    days on market $85,000 Active 191 DOM
14. 2026-05-31
    days on market $85,000 Active 190 DOM
15. 2026-04-01
    price $85,000 956-char remark

    Show marketing remark (1179 chars)

    SELLER MOTIVATED and ready to deal, don't wait! Welcome to this cozy and inviting 3-bedroom, 1-bath home, move in ready, nestled on the peaceful edge of town. Making this an excellent opportunity for a first-time buyer, downsizer, or investment-minded buyer looking to add their own personal touches and give the home a little TLC. Step inside to a functional layout with warm wood-paneled walls that give the home a classic, nostalgic feel. The bathroom has been recently updated, offering clean finishes and accessibility features. The roof was replaced in 2016, and the chimney for the stove was professionally cleaned last year, providing peace of mind. The kitchen features an easy flow into the adjoining dining area. Bedrooms have natural light and views of the surrounding hillsides. The outdoor space feels like the kind of yard where memories are made, sunny afternoons, blooming flowers, and simple joys. With its solid structure, recent improvements, and a price that allows room for upgrades, this home is full of potential, whether you keep its vintage charm or modernize it to your taste. Schedule a showing today to see the possibilities this property offers!

16. 2026-04-01
    price $85,000 1179-char remark

    Show marketing remark (1179 chars)

    SELLER MOTIVATED and ready to deal, don't wait! Welcome to this cozy and inviting 3-bedroom, 1-bath home, move in ready, nestled on the peaceful edge of town. Making this an excellent opportunity for a first-time buyer, downsizer, or investment-minded buyer looking to add their own personal touches and give the home a little TLC. Step inside to a functional layout with warm wood-paneled walls that give the home a classic, nostalgic feel. The bathroom has been recently updated, offering clean finishes and accessibility features. The roof was replaced in 2016, and the chimney for the stove was professionally cleaned last year, providing peace of mind. The kitchen features an easy flow into the adjoining dining area. Bedrooms have natural light and views of the surrounding hillsides. The outdoor space feels like the kind of yard where memories are made, sunny afternoons, blooming flowers, and simple joys. With its solid structure, recent improvements, and a price that allows room for upgrades, this home is full of potential, whether you keep its vintage charm or modernize it to your taste. Schedule a showing today to see the possibilities this property offers!

17. 2026-04-01
    price $85,000

    Show marketing remark (1179 chars)

    SELLER MOTIVATED and ready to deal, don't wait! Welcome to this cozy and inviting 3-bedroom, 1-bath home, move in ready, nestled on the peaceful edge of town. Making this an excellent opportunity for a first-time buyer, downsizer, or investment-minded buyer looking to add their own personal touches and give the home a little TLC. Step inside to a functional layout with warm wood-paneled walls that give the home a classic, nostalgic feel. The bathroom has been recently updated, offering clean finishes and accessibility features. The roof was replaced in 2016, and the chimney for the stove was professionally cleaned last year, providing peace of mind. The kitchen features an easy flow into the adjoining dining area. Bedrooms have natural light and views of the surrounding hillsides. The outdoor space feels like the kind of yard where memories are made, sunny afternoons, blooming flowers, and simple joys. With its solid structure, recent improvements, and a price that allows room for upgrades, this home is full of potential, whether you keep its vintage charm or modernize it to your taste. Schedule a showing today to see the possibilities this property offers!

18. 2026-04-01
    price $85,000

    Show marketing remark (1179 chars)

    SELLER MOTIVATED and ready to deal, don't wait! Welcome to this cozy and inviting 3-bedroom, 1-bath home, move in ready, nestled on the peaceful edge of town. Making this an excellent opportunity for a first-time buyer, downsizer, or investment-minded buyer looking to add their own personal touches and give the home a little TLC. Step inside to a functional layout with warm wood-paneled walls that give the home a classic, nostalgic feel. The bathroom has been recently updated, offering clean finishes and accessibility features. The roof was replaced in 2016, and the chimney for the stove was professionally cleaned last year, providing peace of mind. The kitchen features an easy flow into the adjoining dining area. Bedrooms have natural light and views of the surrounding hillsides. The outdoor space feels like the kind of yard where memories are made, sunny afternoons, blooming flowers, and simple joys. With its solid structure, recent improvements, and a price that allows room for upgrades, this home is full of potential, whether you keep its vintage charm or modernize it to your taste. Schedule a showing today to see the possibilities this property offers!

19. 2026-04-01
    price $85,000 1179-char remark

    Show marketing remark (1179 chars)

    SELLER MOTIVATED and ready to deal, don't wait! Welcome to this cozy and inviting 3-bedroom, 1-bath home, move in ready, nestled on the peaceful edge of town. Making this an excellent opportunity for a first-time buyer, downsizer, or investment-minded buyer looking to add their own personal touches and give the home a little TLC. Step inside to a functional layout with warm wood-paneled walls that give the home a classic, nostalgic feel. The bathroom has been recently updated, offering clean finishes and accessibility features. The roof was replaced in 2016, and the chimney for the stove was professionally cleaned last year, providing peace of mind. The kitchen features an easy flow into the adjoining dining area. Bedrooms have natural light and views of the surrounding hillsides. The outdoor space feels like the kind of yard where memories are made, sunny afternoons, blooming flowers, and simple joys. With its solid structure, recent improvements, and a price that allows room for upgrades, this home is full of potential, whether you keep its vintage charm or modernize it to your taste. Schedule a showing today to see the possibilities this property offers!

20. 2026-01-27
    price $139,000 956-char remark

    Show marketing remark (1179 chars)

    SELLER MOTIVATED and ready to deal, don't wait! Welcome to this cozy and inviting 3-bedroom, 1-bath home, move in ready, nestled on the peaceful edge of town. Making this an excellent opportunity for a first-time buyer, downsizer, or investment-minded buyer looking to add their own personal touches and give the home a little TLC. Step inside to a functional layout with warm wood-paneled walls that give the home a classic, nostalgic feel. The bathroom has been recently updated, offering clean finishes and accessibility features. The roof was replaced in 2016, and the chimney for the stove was professionally cleaned last year, providing peace of mind. The kitchen features an easy flow into the adjoining dining area. Bedrooms have natural light and views of the surrounding hillsides. The outdoor space feels like the kind of yard where memories are made, sunny afternoons, blooming flowers, and simple joys. With its solid structure, recent improvements, and a price that allows room for upgrades, this home is full of potential, whether you keep its vintage charm or modernize it to your taste. Schedule a showing today to see the possibilities this property offers!

21. 2026-01-27
    price $139,000 1179-char remark

    Show marketing remark (1179 chars)

    SELLER MOTIVATED and ready to deal, don't wait! Welcome to this cozy and inviting 3-bedroom, 1-bath home, move in ready, nestled on the peaceful edge of town. Making this an excellent opportunity for a first-time buyer, downsizer, or investment-minded buyer looking to add their own personal touches and give the home a little TLC. Step inside to a functional layout with warm wood-paneled walls that give the home a classic, nostalgic feel. The bathroom has been recently updated, offering clean finishes and accessibility features. The roof was replaced in 2016, and the chimney for the stove was professionally cleaned last year, providing peace of mind. The kitchen features an easy flow into the adjoining dining area. Bedrooms have natural light and views of the surrounding hillsides. The outdoor space feels like the kind of yard where memories are made, sunny afternoons, blooming flowers, and simple joys. With its solid structure, recent improvements, and a price that allows room for upgrades, this home is full of potential, whether you keep its vintage charm or modernize it to your taste. Schedule a showing today to see the possibilities this property offers!

22. 2026-01-27
    price $139,000

    Show marketing remark (1179 chars)

    SELLER MOTIVATED and ready to deal, don't wait! Welcome to this cozy and inviting 3-bedroom, 1-bath home, move in ready, nestled on the peaceful edge of town. Making this an excellent opportunity for a first-time buyer, downsizer, or investment-minded buyer looking to add their own personal touches and give the home a little TLC. Step inside to a functional layout with warm wood-paneled walls that give the home a classic, nostalgic feel. The bathroom has been recently updated, offering clean finishes and accessibility features. The roof was replaced in 2016, and the chimney for the stove was professionally cleaned last year, providing peace of mind. The kitchen features an easy flow into the adjoining dining area. Bedrooms have natural light and views of the surrounding hillsides. The outdoor space feels like the kind of yard where memories are made, sunny afternoons, blooming flowers, and simple joys. With its solid structure, recent improvements, and a price that allows room for upgrades, this home is full of potential, whether you keep its vintage charm or modernize it to your taste. Schedule a showing today to see the possibilities this property offers!

23. 2026-01-27
    price $139,000 1179-char remark

    Show marketing remark (1179 chars)

    SELLER MOTIVATED and ready to deal, don't wait! Welcome to this cozy and inviting 3-bedroom, 1-bath home, move in ready, nestled on the peaceful edge of town. Making this an excellent opportunity for a first-time buyer, downsizer, or investment-minded buyer looking to add their own personal touches and give the home a little TLC. Step inside to a functional layout with warm wood-paneled walls that give the home a classic, nostalgic feel. The bathroom has been recently updated, offering clean finishes and accessibility features. The roof was replaced in 2016, and the chimney for the stove was professionally cleaned last year, providing peace of mind. The kitchen features an easy flow into the adjoining dining area. Bedrooms have natural light and views of the surrounding hillsides. The outdoor space feels like the kind of yard where memories are made, sunny afternoons, blooming flowers, and simple joys. With its solid structure, recent improvements, and a price that allows room for upgrades, this home is full of potential, whether you keep its vintage charm or modernize it to your taste. Schedule a showing today to see the possibilities this property offers!

24. 2026-01-27
    price $139,000

    Show marketing remark (1179 chars)

    SELLER MOTIVATED and ready to deal, don't wait! Welcome to this cozy and inviting 3-bedroom, 1-bath home, move in ready, nestled on the peaceful edge of town. Making this an excellent opportunity for a first-time buyer, downsizer, or investment-minded buyer looking to add their own personal touches and give the home a little TLC. Step inside to a functional layout with warm wood-paneled walls that give the home a classic, nostalgic feel. The bathroom has been recently updated, offering clean finishes and accessibility features. The roof was replaced in 2016, and the chimney for the stove was professionally cleaned last year, providing peace of mind. The kitchen features an easy flow into the adjoining dining area. Bedrooms have natural light and views of the surrounding hillsides. The outdoor space feels like the kind of yard where memories are made, sunny afternoons, blooming flowers, and simple joys. With its solid structure, recent improvements, and a price that allows room for upgrades, this home is full of potential, whether you keep its vintage charm or modernize it to your taste. Schedule a showing today to see the possibilities this property offers!

25. 2025-11-21
    listed $149,000 Active

    Show marketing remark (1179 chars)

    SELLER MOTIVATED and ready to deal, don't wait! Welcome to this cozy and inviting 3-bedroom, 1-bath home, move in ready, nestled on the peaceful edge of town. Making this an excellent opportunity for a first-time buyer, downsizer, or investment-minded buyer looking to add their own personal touches and give the home a little TLC. Step inside to a functional layout with warm wood-paneled walls that give the home a classic, nostalgic feel. The bathroom has been recently updated, offering clean finishes and accessibility features. The roof was replaced in 2016, and the chimney for the stove was professionally cleaned last year, providing peace of mind. The kitchen features an easy flow into the adjoining dining area. Bedrooms have natural light and views of the surrounding hillsides. The outdoor space feels like the kind of yard where memories are made, sunny afternoons, blooming flowers, and simple joys. With its solid structure, recent improvements, and a price that allows room for upgrades, this home is full of potential, whether you keep its vintage charm or modernize it to your taste. Schedule a showing today to see the possibilities this property offers!

26. 2025-11-21
    listed $149,000 Active 956-char remark

    Show marketing remark (1179 chars)

    SELLER MOTIVATED and ready to deal, don't wait! Welcome to this cozy and inviting 3-bedroom, 1-bath home, move in ready, nestled on the peaceful edge of town. Making this an excellent opportunity for a first-time buyer, downsizer, or investment-minded buyer looking to add their own personal touches and give the home a little TLC. Step inside to a functional layout with warm wood-paneled walls that give the home a classic, nostalgic feel. The bathroom has been recently updated, offering clean finishes and accessibility features. The roof was replaced in 2016, and the chimney for the stove was professionally cleaned last year, providing peace of mind. The kitchen features an easy flow into the adjoining dining area. Bedrooms have natural light and views of the surrounding hillsides. The outdoor space feels like the kind of yard where memories are made, sunny afternoons, blooming flowers, and simple joys. With its solid structure, recent improvements, and a price that allows room for upgrades, this home is full of potential, whether you keep its vintage charm or modernize it to your taste. Schedule a showing today to see the possibilities this property offers!

27. 2025-11-21
    listed $149,000 Active

    Show marketing remark (1179 chars)

    SELLER MOTIVATED and ready to deal, don't wait! Welcome to this cozy and inviting 3-bedroom, 1-bath home, move in ready, nestled on the peaceful edge of town. Making this an excellent opportunity for a first-time buyer, downsizer, or investment-minded buyer looking to add their own personal touches and give the home a little TLC. Step inside to a functional layout with warm wood-paneled walls that give the home a classic, nostalgic feel. The bathroom has been recently updated, offering clean finishes and accessibility features. The roof was replaced in 2016, and the chimney for the stove was professionally cleaned last year, providing peace of mind. The kitchen features an easy flow into the adjoining dining area. Bedrooms have natural light and views of the surrounding hillsides. The outdoor space feels like the kind of yard where memories are made, sunny afternoons, blooming flowers, and simple joys. With its solid structure, recent improvements, and a price that allows room for upgrades, this home is full of potential, whether you keep its vintage charm or modernize it to your taste. Schedule a showing today to see the possibilities this property offers!

28. 2025-11-21
    listed $149,000 Active 1179-char remark

    Show marketing remark (1179 chars)

    SELLER MOTIVATED and ready to deal, don't wait! Welcome to this cozy and inviting 3-bedroom, 1-bath home, move in ready, nestled on the peaceful edge of town. Making this an excellent opportunity for a first-time buyer, downsizer, or investment-minded buyer looking to add their own personal touches and give the home a little TLC. Step inside to a functional layout with warm wood-paneled walls that give the home a classic, nostalgic feel. The bathroom has been recently updated, offering clean finishes and accessibility features. The roof was replaced in 2016, and the chimney for the stove was professionally cleaned last year, providing peace of mind. The kitchen features an easy flow into the adjoining dining area. Bedrooms have natural light and views of the surrounding hillsides. The outdoor space feels like the kind of yard where memories are made, sunny afternoons, blooming flowers, and simple joys. With its solid structure, recent improvements, and a price that allows room for upgrades, this home is full of potential, whether you keep its vintage charm or modernize it to your taste. Schedule a showing today to see the possibilities this property offers!

29. 2025-11-21
    listed $149,000 Active 1179-char remark

    Show marketing remark (1179 chars)

    SELLER MOTIVATED and ready to deal, don't wait! Welcome to this cozy and inviting 3-bedroom, 1-bath home, move in ready, nestled on the peaceful edge of town. Making this an excellent opportunity for a first-time buyer, downsizer, or investment-minded buyer looking to add their own personal touches and give the home a little TLC. Step inside to a functional layout with warm wood-paneled walls that give the home a classic, nostalgic feel. The bathroom has been recently updated, offering clean finishes and accessibility features. The roof was replaced in 2016, and the chimney for the stove was professionally cleaned last year, providing peace of mind. The kitchen features an easy flow into the adjoining dining area. Bedrooms have natural light and views of the surrounding hillsides. The outdoor space feels like the kind of yard where memories are made, sunny afternoons, blooming flowers, and simple joys. With its solid structure, recent improvements, and a price that allows room for upgrades, this home is full of potential, whether you keep its vintage charm or modernize it to your taste. Schedule a showing today to see the possibilities this property offers!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CO · Resets to sale price

• Current annual tax: $329 · $27/mo
• Projected year-2 tax: $468 · $39/mo
• Expected delta: +$138/yr (+$12/mo · 42.1%)

ⓘ 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 6/10 Major
• 🌡 Heat 3/10 Moderate 8 d/yr ≥89°F today · 24 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,287
• − Mortgage interest: −$4,761
• − Property taxes: −$329
• − Insurance: −$425
• − Repairs & maintenance: −$983
• − Management: −$983
• − Depreciation: −$2,473
• Taxable income: $2,333
• Est. tax owed @ 24.0%: −$560
• After-tax cash flow: $3,044/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.

Schools (NCES district)

• District: Trinidad School District 1 In The County Of Las Animas And
• NCES district ID: 0806960
• Math proficiency: 6% ▼ -9.00%
• Reading proficiency: 27% ▼ -3.00%
• Median HH income: $37,538
• Composite: 13.74/100
• National rank: #9493
• State rank: #82 of 86 in CO

Livability — Trinidad

• Score: 58/100
• State rank: #303
• US rank: #21409

Category grades

Amenities F Commute F Cost of living A+ Crime F Employment F Housing A Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Trinidad, CO
• Population (ZIP): 11,750

Population outlook (Las Animas County) Hauer SSP2

• Today (2025): 12,072 people
• By 2030: 10,972 · -9.1%
• By 2040: 8,825 · -26.9%
• By 2050: 7,245 · -40.0%
• By 2075: 5,139 · -57.4%
• By 2100: 3,922 · -67.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.55)
• Race & ethnicity: White 53% Hispanic / Latino 41% Two or more races 18% Native American 4% Asian 1% Black 1%
• Hispanic origin (detail): Mexican 20%
• Common ancestry: Romanian 3% Lithuanian 3% Slovak 2%
• Foreign-born: 3% · Canada
• Languages at home: 90% English-only · Spanish 8% Other Asian/Pacific 1%

Political lean MEDSL · Las Animas

• 2024 margin: R (+13.5) · D 42.0% · R 55.5% · Other 2.4%
• 2008→2024 swing: -20.5pp toward R · 2008: 7.0pp · 2024: -13.5pp
• All cycles: 2024: R+13.5 2020: R+9.9 2016: R+15.6 2012: D+2.7 2008: D+7.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -69.04%
• Current HPI: 258.5479
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.95%
• F500 in state: 14

Industry mix (Fortune 500 HQ in CO)

Industry	F500 HQs	Revenue
▸Technology Distribution	1	$31B
▸Food / Agriculture	1	$18B
▸Packaging	1	$14B
▸Healthcare	1	$13B
▸Energy	1	$10B
▸Technology	1	$4B

Price history

-43.0% since first listed

15 events — show timeline

• 2026-04-01 Price Changed $85,000 elevateMLS
• 2026-04-01 Price Changed $85,000 IRES
• 2026-04-01 Price Changed $85,000 PARMLS
• 2026-04-01 Price Changed $85,000 SPMLS
• 2026-04-01 Price Changed $85,000 REColorado as Distributed by MLS Grid
• 2026-01-27 Price Changed $139,000 elevateMLS
• 2026-01-27 Price Changed $139,000 IRES
• 2026-01-27 Price Changed $139,000 SPMLS
• 2026-01-27 Price Changed $139,000 REColorado as Distributed by MLS Grid
• 2026-01-27 Price Changed $139,000 PARMLS
• 2025-11-21 Listed $149,000 PARMLS
• 2025-11-21 Listed $149,000 elevateMLS
• 2025-11-21 Listed $149,000 SPMLS
• 2025-11-21 Listed $149,000 REColorado as Distributed by MLS Grid
• 2025-11-21 Listed $149,000 IRES

Property tax history

+12.6%/yr

Latest (2025): $329 · +204.0% YoY. Source: county tax records.