61 San Isabel Blvd · Walsenburg, CO 81089

$139,000

2 bd · 2.0 ba · 1,288 sqft · SingleFamily public records · 223 Days on market

Built 2000 0.72 ac lot

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Why this score? — see what drove the D- 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 +12.8/30.0
• ARV discount +7.5/15.0
• DSCR +3.8/10.0
• Livability +3.6/5.0
• 1% rule +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +2.2/10.0
• Schools +1.7/10.0

Listing remarks MLS

Do you dream of getting out of the city while still being close to everything you need? This 3-bedroom, 2-bathroom home offers the perfect balance of convenience and comfort. Just minutes from town, you'll enjoy easy access to amenities, shopping, medical services, and local attractions—without the hustle and bustle. The home features a spacious layout with plenty of room to make it your own. Outside, the large backyard provides space for gatherings, gardening, or simply relaxing, with partial fencing already in place. Adventure and recreation are right around the corner at Lathrop State Park, where you can enjoy swimming, fishing, hiking, boating, and more—all just a short drive away. This property is waiting for you to make it home.

Key facts

• Large backyard
• Partial fencing
• Close to everything

Tags

• LARGE BACKYARD
• PARTIAL FENCING
• EASY ACCESS TO AMENITIES
• CLOSE TO EVERYTHING

Property features AI

Exterior

• Utilities: Septic tank sewer; Public water
• Home design: Single-family manufactured home; One story
• Construction: Frame construction; Composition roof
• Exterior features: Gravel road frontage; Public road frontage; Public water

Interior

• Kitchen: Main level kitchen
• Bedrooms: 3 bedrooms - all on the main level; Primary suite on the main level with en suite bathroom
• Flooring: Laminate flooring
• Bathrooms: 2 full bathrooms - both on the main level
• Heating & cooling: Forced air heating
• Interior features: Ceiling fans; Walk-in closet(s); Living room fireplace (1)

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $139k.

Deal economics

• At list price, monthly cash flow is $-12 ($-148/yr) — negative.
• To cash-flow at today's rent, offer at most $137k (1.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $106k (23.7% below list).
• Recommended offer: $106k (23.7% below list) — sets the bar for 1% rule.
• Cap rate 6.2% vs local median 1.7% in Walsenburg — 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 71/100 on livability (#80 in CO) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A; Watch: amenities F, commute F, employment F.
• Huerfano School District Re-1 (town): math 9% / reading 24% proficiency, ranked #163 of 176 in CO (top 93%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Peakview School (math 5% / reading 17%, grade F, #879 of 966 statewide, top 94%, 244 students, 84% FRL); John Mall Jr/Sr High School (math 24% / reading 24%, grade F, #266 of 381 statewide, top 79%, 171 students, 81% FRL).
• Market conditions: 360 active listings in the ZIP; 51 units permitted in Huerfano County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $961 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Huerfano County population projected at -36% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 223 days — a 12% lower offer ($122k) is reasonable based on typical stale-listing flexibility.
• 13 sale attempts since 23y ago; this cycle's ask has dropped $40k (22%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $84k; list at $139k implies a 65% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $106,056 (23.7% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 223 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.76% ✗
• Cap rate: 6.19%
• Cash-on-cash: -0.38%
• DSCR: 0.98
• GRM: 10.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -17.0%
• Equity multiple: 0.40×
• Total profit: $-23,362
• Equity at exit: $20,725

10-year hold

• IRR: -9.0%
• Equity multiple: 0.45×
• Total profit: $-21,567
• Equity at exit: $12,018

Cash invested: $38,920 (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 81089

• Home prices YoY: -2.4%
• Active inventory: 360
• Price-to-rent: 10.9×

Monthly cashflow live

• Estimated rent: $1,061 medium
• Mortgage (P&I): −$729
• Tax from tax record: −$63 /mo · $760/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$223
• Net cashflow: $-12

Break-even live

Break-even rent $1,076

Max offer price $136,819

Occupancy floor 96%

Sensitivity live

Price	-10% $66	-5% $27	+0% $-12	+5% $-52	+10% $-91
Rent	-10% $-96	-5% $-54	+0% $-12	+5% $30	+10% $71
Rate	-1.0pp $58	-0.5pp $23	base $-12	+0.5pp $-48	+1.0pp $-85

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: $34,750
• Closing costs: $4,170
• Reserves months: —
• Total cash needed: —

Listing history 38 events

1. 2026-06-07
   statusdays on market $139,000 Pending 223 DOM
2. 2026-06-04
   days on market $139,000 Active 221 DOM
3. 2026-06-02
   pricedays on market $139,000 Active 220 DOM
4. 2026-06-01
   days on market $149,000 Active 219 DOM
5. 2026-05-31
   days on market $149,000 Active 218 DOM
6. 2026-05-31
   days on market $149,000 Active 217 DOM
7. 2026-03-07
   status Active 756-char remark

   Show marketing remark (756 chars)

   Do you dream of getting out of the city while still being close to everything you need? This 3-bedroom, 2-bathroom home offers the perfect balance of convenience and comfort. Just minutes from town, you'll enjoy easy access to amenities, shopping, medical services, and local attractions—without the hustle and bustle. The home features a spacious layout with plenty of room to make it your own. Outside, the large backyard provides space for gatherings, gardening, or simply relaxing, with partial fencing already in place. Adventure and recreation are right around the corner at Lathrop State Park, where you can enjoy swimming, fishing, hiking, boating, and more—all just a short drive away. This property is waiting for you to make it home.

8. 2026-03-06
   status Active 756-char remark

   Show marketing remark (756 chars)

   Do you dream of getting out of the city while still being close to everything you need? This 3-bedroom, 2-bathroom home offers the perfect balance of convenience and comfort. Just minutes from town, you'll enjoy easy access to amenities, shopping, medical services, and local attractions—without the hustle and bustle. The home features a spacious layout with plenty of room to make it your own. Outside, the large backyard provides space for gatherings, gardening, or simply relaxing, with partial fencing already in place. Adventure and recreation are right around the corner at Lathrop State Park, where you can enjoy swimming, fishing, hiking, boating, and more—all just a short drive away. This property is waiting for you to make it home.

9. 2026-03-06
   status Active

   Show marketing remark (756 chars)

   Do you dream of getting out of the city while still being close to everything you need? This 3-bedroom, 2-bathroom home offers the perfect balance of convenience and comfort. Just minutes from town, you'll enjoy easy access to amenities, shopping, medical services, and local attractions—without the hustle and bustle. The home features a spacious layout with plenty of room to make it your own. Outside, the large backyard provides space for gatherings, gardening, or simply relaxing, with partial fencing already in place. Adventure and recreation are right around the corner at Lathrop State Park, where you can enjoy swimming, fishing, hiking, boating, and more—all just a short drive away. This property is waiting for you to make it home.

10. 2026-03-06
    status Active

    Show marketing remark (756 chars)

    Do you dream of getting out of the city while still being close to everything you need? This 3-bedroom, 2-bathroom home offers the perfect balance of convenience and comfort. Just minutes from town, you'll enjoy easy access to amenities, shopping, medical services, and local attractions—without the hustle and bustle. The home features a spacious layout with plenty of room to make it your own. Outside, the large backyard provides space for gatherings, gardening, or simply relaxing, with partial fencing already in place. Adventure and recreation are right around the corner at Lathrop State Park, where you can enjoy swimming, fishing, hiking, boating, and more—all just a short drive away. This property is waiting for you to make it home.

11. 2026-02-10
    status Pending 756-char remark

    Show marketing remark (756 chars)

    Do you dream of getting out of the city while still being close to everything you need? This 3-bedroom, 2-bathroom home offers the perfect balance of convenience and comfort. Just minutes from town, you'll enjoy easy access to amenities, shopping, medical services, and local attractions—without the hustle and bustle. The home features a spacious layout with plenty of room to make it your own. Outside, the large backyard provides space for gatherings, gardening, or simply relaxing, with partial fencing already in place. Adventure and recreation are right around the corner at Lathrop State Park, where you can enjoy swimming, fishing, hiking, boating, and more—all just a short drive away. This property is waiting for you to make it home.

12. 2026-02-10
    historical Active Under Contract 756-char remark

    Show marketing remark (756 chars)

    Do you dream of getting out of the city while still being close to everything you need? This 3-bedroom, 2-bathroom home offers the perfect balance of convenience and comfort. Just minutes from town, you'll enjoy easy access to amenities, shopping, medical services, and local attractions—without the hustle and bustle. The home features a spacious layout with plenty of room to make it your own. Outside, the large backyard provides space for gatherings, gardening, or simply relaxing, with partial fencing already in place. Adventure and recreation are right around the corner at Lathrop State Park, where you can enjoy swimming, fishing, hiking, boating, and more—all just a short drive away. This property is waiting for you to make it home.

13. 2026-02-10
    status Pending

    Show marketing remark (756 chars)

    Do you dream of getting out of the city while still being close to everything you need? This 3-bedroom, 2-bathroom home offers the perfect balance of convenience and comfort. Just minutes from town, you'll enjoy easy access to amenities, shopping, medical services, and local attractions—without the hustle and bustle. The home features a spacious layout with plenty of room to make it your own. Outside, the large backyard provides space for gatherings, gardening, or simply relaxing, with partial fencing already in place. Adventure and recreation are right around the corner at Lathrop State Park, where you can enjoy swimming, fishing, hiking, boating, and more—all just a short drive away. This property is waiting for you to make it home.

14. 2026-02-10
    status Pending Accepting Backup Offers

    Show marketing remark (756 chars)

    Do you dream of getting out of the city while still being close to everything you need? This 3-bedroom, 2-bathroom home offers the perfect balance of convenience and comfort. Just minutes from town, you'll enjoy easy access to amenities, shopping, medical services, and local attractions—without the hustle and bustle. The home features a spacious layout with plenty of room to make it your own. Outside, the large backyard provides space for gatherings, gardening, or simply relaxing, with partial fencing already in place. Adventure and recreation are right around the corner at Lathrop State Park, where you can enjoy swimming, fishing, hiking, boating, and more—all just a short drive away. This property is waiting for you to make it home.

15. 2026-01-30
    price $149,000

    Show marketing remark (756 chars)

    Do you dream of getting out of the city while still being close to everything you need? This 3-bedroom, 2-bathroom home offers the perfect balance of convenience and comfort. Just minutes from town, you'll enjoy easy access to amenities, shopping, medical services, and local attractions—without the hustle and bustle. The home features a spacious layout with plenty of room to make it your own. Outside, the large backyard provides space for gatherings, gardening, or simply relaxing, with partial fencing already in place. Adventure and recreation are right around the corner at Lathrop State Park, where you can enjoy swimming, fishing, hiking, boating, and more—all just a short drive away. This property is waiting for you to make it home.

16. 2026-01-30
    price $149,000

    Show marketing remark (756 chars)

    Do you dream of getting out of the city while still being close to everything you need? This 3-bedroom, 2-bathroom home offers the perfect balance of convenience and comfort. Just minutes from town, you'll enjoy easy access to amenities, shopping, medical services, and local attractions—without the hustle and bustle. The home features a spacious layout with plenty of room to make it your own. Outside, the large backyard provides space for gatherings, gardening, or simply relaxing, with partial fencing already in place. Adventure and recreation are right around the corner at Lathrop State Park, where you can enjoy swimming, fishing, hiking, boating, and more—all just a short drive away. This property is waiting for you to make it home.

17. 2026-01-30
    price $149,000 756-char remark

    Show marketing remark (756 chars)

    Do you dream of getting out of the city while still being close to everything you need? This 3-bedroom, 2-bathroom home offers the perfect balance of convenience and comfort. Just minutes from town, you'll enjoy easy access to amenities, shopping, medical services, and local attractions—without the hustle and bustle. The home features a spacious layout with plenty of room to make it your own. Outside, the large backyard provides space for gatherings, gardening, or simply relaxing, with partial fencing already in place. Adventure and recreation are right around the corner at Lathrop State Park, where you can enjoy swimming, fishing, hiking, boating, and more—all just a short drive away. This property is waiting for you to make it home.

18. 2026-01-30
    price $149,000 756-char remark

    Show marketing remark (756 chars)

    Do you dream of getting out of the city while still being close to everything you need? This 3-bedroom, 2-bathroom home offers the perfect balance of convenience and comfort. Just minutes from town, you'll enjoy easy access to amenities, shopping, medical services, and local attractions—without the hustle and bustle. The home features a spacious layout with plenty of room to make it your own. Outside, the large backyard provides space for gatherings, gardening, or simply relaxing, with partial fencing already in place. Adventure and recreation are right around the corner at Lathrop State Park, where you can enjoy swimming, fishing, hiking, boating, and more—all just a short drive away. This property is waiting for you to make it home.

19. 2025-11-30
    status Active

    Show marketing remark (756 chars)

    Do you dream of getting out of the city while still being close to everything you need? This 3-bedroom, 2-bathroom home offers the perfect balance of convenience and comfort. Just minutes from town, you'll enjoy easy access to amenities, shopping, medical services, and local attractions—without the hustle and bustle. The home features a spacious layout with plenty of room to make it your own. Outside, the large backyard provides space for gatherings, gardening, or simply relaxing, with partial fencing already in place. Adventure and recreation are right around the corner at Lathrop State Park, where you can enjoy swimming, fishing, hiking, boating, and more—all just a short drive away. This property is waiting for you to make it home.

20. 2025-11-30
    status Active 756-char remark

    Show marketing remark (756 chars)

    Do you dream of getting out of the city while still being close to everything you need? This 3-bedroom, 2-bathroom home offers the perfect balance of convenience and comfort. Just minutes from town, you'll enjoy easy access to amenities, shopping, medical services, and local attractions—without the hustle and bustle. The home features a spacious layout with plenty of room to make it your own. Outside, the large backyard provides space for gatherings, gardening, or simply relaxing, with partial fencing already in place. Adventure and recreation are right around the corner at Lathrop State Park, where you can enjoy swimming, fishing, hiking, boating, and more—all just a short drive away. This property is waiting for you to make it home.

21. 2025-11-30
    status Active

    Show marketing remark (756 chars)

    Do you dream of getting out of the city while still being close to everything you need? This 3-bedroom, 2-bathroom home offers the perfect balance of convenience and comfort. Just minutes from town, you'll enjoy easy access to amenities, shopping, medical services, and local attractions—without the hustle and bustle. The home features a spacious layout with plenty of room to make it your own. Outside, the large backyard provides space for gatherings, gardening, or simply relaxing, with partial fencing already in place. Adventure and recreation are right around the corner at Lathrop State Park, where you can enjoy swimming, fishing, hiking, boating, and more—all just a short drive away. This property is waiting for you to make it home.

22. 2025-11-29
    status Active 756-char remark

    Show marketing remark (756 chars)

    Do you dream of getting out of the city while still being close to everything you need? This 3-bedroom, 2-bathroom home offers the perfect balance of convenience and comfort. Just minutes from town, you'll enjoy easy access to amenities, shopping, medical services, and local attractions—without the hustle and bustle. The home features a spacious layout with plenty of room to make it your own. Outside, the large backyard provides space for gatherings, gardening, or simply relaxing, with partial fencing already in place. Adventure and recreation are right around the corner at Lathrop State Park, where you can enjoy swimming, fishing, hiking, boating, and more—all just a short drive away. This property is waiting for you to make it home.

23. 2025-11-22
    status Pending

    Show marketing remark (756 chars)

    Do you dream of getting out of the city while still being close to everything you need? This 3-bedroom, 2-bathroom home offers the perfect balance of convenience and comfort. Just minutes from town, you'll enjoy easy access to amenities, shopping, medical services, and local attractions—without the hustle and bustle. The home features a spacious layout with plenty of room to make it your own. Outside, the large backyard provides space for gatherings, gardening, or simply relaxing, with partial fencing already in place. Adventure and recreation are right around the corner at Lathrop State Park, where you can enjoy swimming, fishing, hiking, boating, and more—all just a short drive away. This property is waiting for you to make it home.

24. 2025-11-22
    status Pending 756-char remark

    Show marketing remark (756 chars)

    Do you dream of getting out of the city while still being close to everything you need? This 3-bedroom, 2-bathroom home offers the perfect balance of convenience and comfort. Just minutes from town, you'll enjoy easy access to amenities, shopping, medical services, and local attractions—without the hustle and bustle. The home features a spacious layout with plenty of room to make it your own. Outside, the large backyard provides space for gatherings, gardening, or simply relaxing, with partial fencing already in place. Adventure and recreation are right around the corner at Lathrop State Park, where you can enjoy swimming, fishing, hiking, boating, and more—all just a short drive away. This property is waiting for you to make it home.

25. 2025-11-22
    status Pending Accepting Backup Offers

    Show marketing remark (756 chars)

    Do you dream of getting out of the city while still being close to everything you need? This 3-bedroom, 2-bathroom home offers the perfect balance of convenience and comfort. Just minutes from town, you'll enjoy easy access to amenities, shopping, medical services, and local attractions—without the hustle and bustle. The home features a spacious layout with plenty of room to make it your own. Outside, the large backyard provides space for gatherings, gardening, or simply relaxing, with partial fencing already in place. Adventure and recreation are right around the corner at Lathrop State Park, where you can enjoy swimming, fishing, hiking, boating, and more—all just a short drive away. This property is waiting for you to make it home.

26. 2025-11-21
    status Pending 756-char remark

    Show marketing remark (756 chars)

    Do you dream of getting out of the city while still being close to everything you need? This 3-bedroom, 2-bathroom home offers the perfect balance of convenience and comfort. Just minutes from town, you'll enjoy easy access to amenities, shopping, medical services, and local attractions—without the hustle and bustle. The home features a spacious layout with plenty of room to make it your own. Outside, the large backyard provides space for gatherings, gardening, or simply relaxing, with partial fencing already in place. Adventure and recreation are right around the corner at Lathrop State Park, where you can enjoy swimming, fishing, hiking, boating, and more—all just a short drive away. This property is waiting for you to make it home.

27. 2025-11-04
    price $169,000
28. 2025-11-04
    price $169,000
29. 2025-11-03
    price $169,000 756-char remark

    Show marketing remark (756 chars)

    Do you dream of getting out of the city while still being close to everything you need? This 3-bedroom, 2-bathroom home offers the perfect balance of convenience and comfort. Just minutes from town, you'll enjoy easy access to amenities, shopping, medical services, and local attractions—without the hustle and bustle. The home features a spacious layout with plenty of room to make it your own. Outside, the large backyard provides space for gatherings, gardening, or simply relaxing, with partial fencing already in place. Adventure and recreation are right around the corner at Lathrop State Park, where you can enjoy swimming, fishing, hiking, boating, and more—all just a short drive away. This property is waiting for you to make it home.

30. 2025-11-03
    price $169,000 756-char remark

    Show marketing remark (756 chars)

    Do you dream of getting out of the city while still being close to everything you need? This 3-bedroom, 2-bathroom home offers the perfect balance of convenience and comfort. Just minutes from town, you'll enjoy easy access to amenities, shopping, medical services, and local attractions—without the hustle and bustle. The home features a spacious layout with plenty of room to make it your own. Outside, the large backyard provides space for gatherings, gardening, or simply relaxing, with partial fencing already in place. Adventure and recreation are right around the corner at Lathrop State Park, where you can enjoy swimming, fishing, hiking, boating, and more—all just a short drive away. This property is waiting for you to make it home.

31. 2025-09-22
    listed $179,000 Active 756-char remark

    Show marketing remark (756 chars)

    Do you dream of getting out of the city while still being close to everything you need? This 3-bedroom, 2-bathroom home offers the perfect balance of convenience and comfort. Just minutes from town, you'll enjoy easy access to amenities, shopping, medical services, and local attractions—without the hustle and bustle. The home features a spacious layout with plenty of room to make it your own. Outside, the large backyard provides space for gatherings, gardening, or simply relaxing, with partial fencing already in place. Adventure and recreation are right around the corner at Lathrop State Park, where you can enjoy swimming, fishing, hiking, boating, and more—all just a short drive away. This property is waiting for you to make it home.

32. 2025-09-22
    listed $179,000 Active

    Show marketing remark (756 chars)

    Do you dream of getting out of the city while still being close to everything you need? This 3-bedroom, 2-bathroom home offers the perfect balance of convenience and comfort. Just minutes from town, you'll enjoy easy access to amenities, shopping, medical services, and local attractions—without the hustle and bustle. The home features a spacious layout with plenty of room to make it your own. Outside, the large backyard provides space for gatherings, gardening, or simply relaxing, with partial fencing already in place. Adventure and recreation are right around the corner at Lathrop State Park, where you can enjoy swimming, fishing, hiking, boating, and more—all just a short drive away. This property is waiting for you to make it home.

33. 2025-09-22
    listed $179,000 Active

    Show marketing remark (756 chars)

    Do you dream of getting out of the city while still being close to everything you need? This 3-bedroom, 2-bathroom home offers the perfect balance of convenience and comfort. Just minutes from town, you'll enjoy easy access to amenities, shopping, medical services, and local attractions—without the hustle and bustle. The home features a spacious layout with plenty of room to make it your own. Outside, the large backyard provides space for gatherings, gardening, or simply relaxing, with partial fencing already in place. Adventure and recreation are right around the corner at Lathrop State Park, where you can enjoy swimming, fishing, hiking, boating, and more—all just a short drive away. This property is waiting for you to make it home.

34. 2025-09-20
    listed $179,000 Active 756-char remark

    Show marketing remark (756 chars)

    Do you dream of getting out of the city while still being close to everything you need? This 3-bedroom, 2-bathroom home offers the perfect balance of convenience and comfort. Just minutes from town, you'll enjoy easy access to amenities, shopping, medical services, and local attractions—without the hustle and bustle. The home features a spacious layout with plenty of room to make it your own. Outside, the large backyard provides space for gatherings, gardening, or simply relaxing, with partial fencing already in place. Adventure and recreation are right around the corner at Lathrop State Park, where you can enjoy swimming, fishing, hiking, boating, and more—all just a short drive away. This property is waiting for you to make it home.

35. 2008-02-01
    soldstatus $84,000
36. 2004-06-25
    soldstatus $52,000
37. 2004-06-25
    soldstatus $52,000
38. 2003-07-12
    listed $56,900

ⓘ 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: $760 · $63/mo
• Projected year-2 tax: $764 · $64/mo
• Expected delta: +$4/yr ($0/mo · 0.6%)

ⓘ 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 · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 3/10 Moderate 7 d/yr ≥89°F today · 21 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,727
• − Mortgage interest: −$7,786
• − Property taxes: −$760
• − Insurance: −$695
• − Repairs & maintenance: −$1,018
• − Management: −$1,018
• − Depreciation: −$4,044
• Taxable loss: −$2,594
• Est. tax savings @ 24.0%: +$623
• After-tax cash flow: $475/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: Huerfano School District Re-1
• NCES district ID: 0807080
• Math proficiency: 9% ▼ -3.00%
• Reading proficiency: 24% ▼ -4.00%
• Median HH income: $31,069
• Composite: 16.56/100
• National rank: #14243
• State rank: #163 of 176 in CO

Livability — Walsenburg

• Score: 71/100
• State rank: #80
• US rank: #7234

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 4,810

Population outlook (Huerfano County) Hauer SSP2

• Today (2025): 5,963 people
• By 2030: 5,550 · -6.9%
• By 2040: 4,598 · -22.9%
• By 2050: 3,849 · -35.5%
• By 2075: 2,906 · -51.3%
• By 2100: 2,156 · -63.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.55)
• Race & ethnicity: White 56% Hispanic / Latino 36% Two or more races 9% Native American 3%
• Hispanic origin (detail): Mexican 17%
• Common ancestry: Scottish 2% Serbian 1% Romanian 1%
• Foreign-born: 0% · Canada
• Languages at home: 93% English-only · Spanish 6%

Political lean MEDSL · Huerfano

• 2024 margin: Lean R (+8.6) · D 44.3% · R 52.9% · Other 2.9%
• 2008→2024 swing: -19.8pp toward R · 2008: 11.2pp · 2024: -8.6pp
• All cycles: 2024: R+8.6 2020: R+2.9 2016: R+6.5 2012: D+7.8 2008: D+11.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -5.61%
• Current HPI: 227.112
• 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

+161.9% since first listed

32 events — show timeline

• 2026-03-07 Relisted — SPMLS
• 2026-03-06 Relisted — PARMLS
• 2026-03-06 Relisted — IRES
• 2026-03-06 Relisted — REColorado as Distributed by MLS Grid
• 2026-02-10 Pending — SPMLS
• 2026-02-10 Contingent — PARMLS
• 2026-02-10 Pending — IRES
• 2026-02-10 Pending — REColorado as Distributed by MLS Grid
• 2026-01-30 Price Changed $149,000 IRES
• 2026-01-30 Price Changed $149,000 REColorado as Distributed by MLS Grid
• 2026-01-30 Price Changed $149,000 PARMLS
• 2026-01-30 Price Changed $149,000 SPMLS
• 2025-11-30 Relisted — IRES
• 2025-11-30 Relisted — PARMLS
• 2025-11-30 Relisted — REColorado as Distributed by MLS Grid
• 2025-11-29 Relisted — SPMLS
• 2025-11-22 Pending — IRES
• 2025-11-22 Pending — PARMLS
• 2025-11-22 Pending — REColorado as Distributed by MLS Grid
• 2025-11-21 Pending — SPMLS
• 2025-11-04 Price Changed $169,000 IRES
• 2025-11-04 Price Changed $169,000 REColorado as Distributed by MLS Grid
• 2025-11-03 Price Changed $169,000 PARMLS
• 2025-11-03 Price Changed $169,000 SPMLS
• 2025-09-22 Listed $179,000 PARMLS
• 2025-09-22 Listed $179,000 REColorado as Distributed by MLS Grid
• 2025-09-22 Listed $179,000 IRES
• 2025-09-20 Listed $179,000 SPMLS
• 2008-02-01 Sold (Public Records) $84,000 Public Records
• 2004-06-25 Sold (Public Records) $52,000 Public Records
• 2004-06-25 Sold (MLS) $52,000 PARMLS
• 2003-07-12 Listed $56,900 PARMLS

Property tax history

+4.2%/yr

Latest (2025): $760 · +119.1% YoY. Source: county tax records.