6472 Barr Pt · Colorado Springs, CO 80924

$417,000

3 bd · 3.0 ba · 1,794 sqft · SingleFamily public records · 205 Days on market

Built 2021 3,055 sqft lot $232/sqft · 10% below area Est $464k · 10% under $87/mo HOA · 4% of rent ↓ 11% since listing

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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).

• ARV discount +12.1/15.0
• Cash flow +6.6/30.0
• Schools +5.1/10.0
• Appreciation +4.1/10.0
• Livability +3.9/5.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• 1% rule +0.9/10.0
• DSCR +0.9/10.0

Listing remarks MLS

Welcome home to this nearly new home located in the highly desirable Academy School District 20! Thoughtfully designed with modern finishes and an open-concept layout, this bright and inviting home offers comfortable, low-maintenance living in a prime location. The main level features soaring ceilings, durable laminate flooring, and abundant natural light throughout. The stylish kitchen is the heart of the home with quartz countertops, stainless steel appliances, gas range, ample cabinetry, and a seamless flow into the dining and living areas—perfect for entertaining or everyday living. Large windows create a warm and welcoming atmosphere while the adjacent patio and fully fenced backyard provide outdoor space designed for easy maintenance and relaxation. Just off the kitchen you’ll find a convenient half bath, oversized coat closet, garage access, and a charming coffee or wine nook that adds both functionality and character. Upstairs, a versatile loft offers flexible space for a second living area, home office, workout room, or playroom. The spacious primary suite features a walk-in closet and attached ¾ bath with double vanity and walk-in shower. Two additional bedrooms, a full bathroom with extra counter space and linen storage, plus a convenient upstairs laundry room with shelving complete the upper level. Ideally located with quick access to Woodmen Road and Powers Boulevard, this home is close to top-rated schools, parks, trails, shopping, dining, and everyday amenities—offering both convenience and modern Colorado living.

Key facts

• Large windows
• Laminate flooring
• Gas range oven

Tags

• OPEN CONCEPT MAIN LEVEL
• LAMINATE FLOORING
• QUARTZ COUNTER TOPS
• GAS RANGE OVEN
• SS APPLIANCES
• LARGE WINDOWS

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath single-family listed at $417k.

Deal economics

• At list price, monthly cash flow is $-679 ($-8k/yr) — negative.
• To cash-flow at today's rent, offer at most $297k (28.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $247k (40.9% below list).
• Recommended offer: $247k (40.9% below list) — sets the bar for 1% rule.
• Cap rate 4.3% vs local median 3.3% in Colorado Springs — 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 78/100 on livability (#23 in CO, #2,639 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, housing A+, health & safety A+; Watch: cost of living C-, crime F.
• Academy School District No. 20 In The County Of El Paso An (urban): math 45% / reading 65% proficiency, ranked #8 of 86 in CO (top 9%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 10% free/reduced lunch — higher-income household profile.
• Market conditions: Rents soft (-0.8%/yr); 403 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 3,906 units permitted in El Paso County in 2024 (872 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-1.8%/yr); year-one equity from $3k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• El Paso County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 205 days — a 12% lower offer ($367k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $68k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

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

Recommended offer $246,631 (40.9% 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 205 days. Have you received any prior offers? Is the seller open to a 41% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. 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?
8. 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?
9. 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.
10. 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.
11. 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: 0.59% ✗
• Cap rate: 4.34%
• Cash-on-cash: -6.98%
• DSCR: 0.69
• GRM: 14.1

CMA / ARV

• ARV (median comp): $464,286
• List price: $417,000
• Delta: -10.18%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7661 Crestone Peak Trl	0.16mi	3/3.0	1,780 (-1%)	4mo	$382,750	$215	88
7841 Tent Rock Pt	0.07mi	3/2.5	1,794 (0%)	12mo	$485,000	$270	85
6272 Barr Pt	0.03mi	3/3.0	1,653 (-8%)	20mo	$440,000	$266	69
7743 Tent Rock Pt	0.04mi	3/3.0	2,027 (+13%)	14mo	$505,000	$249	64
7827 Lathrop Vw	0.04mi	3/2.5	2,027 (+13%)	12mo	$485,000	$239	64
7813 Tent Rock Pt	0.06mi	3/2.5	1,653 (-8%)	22mo	$439,500	$266	64
7446 Marbled Wood Pt	0.61mi	3/2.5	1,727 (-4%)	8mo	$385,000	$223	56
6101 Inman Vw	0.30mi	3/3.0	1,551 (-14%)	9mo	$376,000	$242	56
7408 Rufous Fronted Vw	0.61mi	3/2.5	1,932 (+8%)	2mo	$425,000	$220	55
7407 Rufous Fronted Vw	0.62mi	3/3.0	1,932 (+8%)	10mo	$425,000	$220	49
6381 Stonefly Dr	0.50mi	3/2.0	1,602 (-11%)	21mo	$500,000	$312	37
7148 Red Cardinal Loop	0.66mi	4/2.5 (+1)	1,994 (+11%)	12mo	$470,000	$236	34

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-1.81% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -21.7%
• Equity multiple: 0.17×
• Total profit: $-97,001
• Equity at exit: $84,706

10-year hold

• IRR: -19.3%
• Equity multiple: -0.28×
• Total profit: $-149,512
• Equity at exit: $75,967

Cash invested: $116,760 (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 80924

• Home prices YoY: -1.0%
• Rents YoY: -0.8%
• Active inventory: 403
• Price-to-rent: 14.1×

Monthly cashflow live

• Estimated rent: $2,466 high
• Mortgage (P&I): −$2,187
• Tax from tax record: −$180 /mo · $2,161/yr
• Insurance: −$174
• HOA: −$87
• Vacancy / Maint / Mgmt: −$518
• Net cashflow: $-679

Break-even live

Break-even rent $3,326

Max offer price $297,010

Occupancy floor —

Sensitivity live

Price	-10% $-443	-5% $-561	+0% $-679	+5% $-797	+10% $-915
Rent	-10% $-874	-5% $-777	+0% $-679	+5% $-582	+10% $-484
Rate	-1.0pp $-469	-0.5pp $-573	base $-679	+0.5pp $-787	+1.0pp $-897

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: $104,250
• Closing costs: $12,510
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7761 Bear Run Pt Colorado Springs, CO	1.0–3.0	1.0–2.0	1131	$2,374	$2.10	3d	37	0.19mi
6223 Borah Pt Colorado Springs, CO	3.0	4.0	2230	$2,300	$1.03	24d	1	0.23mi
6576 White Lodge PT Colorado Springs, CO	1.0–4.0	1.5–2.5	1421	$3,008	$2.12	3d	8	0.38mi
7704 Rustic Trail Loop Colorado Springs, CO	3.0–4.0	2.5	1515	$2,501	$1.65	3d	88	0.44mi
7295 Ascent Vw Colorado Springs, CO	1.0–3.0	1.0–2.0	1020	$2,680	$2.63	3d	52	0.51mi
7443 Gorgeted Quail Grv Colorado Springs, CO	3.0	2.5	1739	$2,850	$1.64	3d	1	0.64mi
6983 Sierra Meadows Dr Colorado Springs, CO	3.0	2.5	2017	$3,065	$1.52	3d	1	0.65mi
8367 Chasewood Loop Colorado Springs, CO	4.0	2.0	1688	$2,450	$1.45	3d	1	0.67mi
7190 Adelo PT Colorado Springs, CO	1.0–3.0	1.0–2.0	1129	$2,630	$2.33	3d	13	0.73mi
7380 Maine Ln Colorado Springs, CO	3.0	1.0	1276	$1,900	$1.49	3d	1	0.78mi
7167 Black Spruce Hts Colorado Springs, CO	3.0	3.0	1606	$2,000	$1.25	11d	1	0.79mi
5683 Skywarrior Hts Colorado Springs, CO	1.0–3.0	1.0–2.0	1014	$2,484	$2.45	3d	13	0.88mi
5520 Woodmen Ridge Vw Colorado Springs, CO	1.0–3.0	1.0–2.0	1062	$2,290	$2.16	3d	25	0.93mi
7678 Grand Fir Pt Colorado Springs, CO	3.0	3.0	1606	$1,950	$1.21	22d	1	0.94mi
5662 Stable Ct Colorado Springs, CO	4.0	3.0	2266	$2,800	$1.24	22d	1	0.95mi
5662 Stable Ct Colorado Springs, CO	4.0	3.0	2266	$2,800	$1.24	3d	1	0.95mi
6253 Bodacious Cir Colorado Springs, CO	3.0	2.0	1744	$2,600	$1.49	3d	1	0.98mi
6380 Mirth Ter Colorado Springs, CO	4.0	3.5	1988	$2,822	$1.42	15d	1	1.00mi
7604 Sand Lake Hts Colorado Springs, CO	3.0	3.0	1560	$3,300	$2.12	11d	1	1.02mi
8884 Vanderwood Rd Colorado Springs, CO	3.0	2.5	1633	$2,700	$1.65	3d	1	1.09mi
5733 Pioneer Mesa Dr Colorado Springs, CO	4.0	3.5	2450	$2,470	$1.01	24d	1	1.15mi
7857 Dry Willow Way Colorado Springs, CO	3.0	2.5	2546	$2,360	$0.93	11d	1	1.17mi
6721 Rutherford Dr Colorado Springs, CO	4.0	3.5	2151	$2,472	$1.15	24d	1	1.18mi
6563 Silverwind Cir Colorado Springs, CO	3.0	2.5	2484	$2,400	$0.97	3d	1	1.20mi
7083 Silverwind Cir Colorado Springs, CO	4.0	3.5	2555	$2,690	$1.05	3d	1	1.24mi
7147 Silverwind Cir Colorado Springs, CO	4.0	3.5	2484	$2,989	$1.20	3d	1	1.25mi
5843 Butterfield Dr Colorado Springs, CO	3.0	3.0	2000	$2,500	$1.25	24d	1	1.27mi
5493 Cross Creek Dr Unit 5493 Colorado Springs, CO	3.0	2.5	1440	$2,250	$1.56	11d	1	1.28mi
7713 Carabiner Vw Colorado Springs, CO	3.0	2.5	1727	$2,495	$1.44	11d	1	1.31mi
6191 Sierra Grande Pt Colorado Springs, CO	3.0	2.5	1486	$2,400	$1.62	3d	1	1.32mi
6137 Sierra Grande Pt Colorado Springs, CO	2.0	2.5	1256	$1,900	$1.51	3d	1	1.33mi
6466 Lasso Grande Pt Colorado Springs, CO	2.0	2.5	1625	$2,095	$1.29	15d	1	1.35mi
5119 Chaise Dr Colorado Springs, CO	3.0	2.5	1234	$2,439	$1.98	3d	1	1.37mi
5331 Mountain Vista Hts Colorado Springs, CO	3.0	2.5	1400	$2,399	$1.71	24d	1	1.41mi
5231 Mountain Vista Hts Colorado Springs, CO	3.0	2.5	1404	$2,290	$1.63	11d	1	1.41mi
5361 Mountain Vista Hts Colorado Springs, CO	3.0	3.0	1307	$2,500	$1.91	22d	1	1.41mi
8719 Shady Ridge Grv Colorado Springs, CO	3.0	2.5	1488	$2,225	$1.50	3d	1	1.43mi
8067 Grey Bark Way Colorado Springs, CO	3.0	3.0	2045	$2,700	$1.32	22d	1	1.44mi
8210 Grey Bark Way Colorado Springs, CO	4.0	2.5	1858	$2,600	$1.40	3d	1	1.45mi
7810 Keebler Dr Colorado Springs, CO	3.0	2.5	2122	$2,550	$1.20	3d	1	1.47mi

HOA detail

• Monthly dues: $87 · $1,044/yr
• Likely covers: gas

Listing history 16 events

1. 2026-05-20
   price $417,000 1579-char remark

   Show marketing remark (1556 chars)

   Welcome home to this nearly new home located in the highly desirable Academy School District 20! Thoughtfully designed with modern finishes and an open-concept layout, this bright and inviting home offers comfortable, low-maintenance living in a prime location. The main level features soaring ceilings, durable laminate flooring, and abundant natural light throughout. The stylish kitchen is the heart of the home with quartz countertops, stainless steel appliances, gas range, ample cabinetry, and a seamless flow into the dining and living areas-perfect for entertaining or everyday living. Large windows create a warm and welcoming atmosphere while the adjacent patio and fully fenced backyard provide outdoor space designed for easy maintenance and relaxation. Just off the kitchen you'll find a convenient half bath, oversized coat closet, garage access, and a charming coffee or wine nook that adds both functionality and character. Upstairs, a versatile loft offers flexible space for a second living area, home office, workout room, or playroom. The spacious primary suite features a walk-in closet and attached 3/4 bath with double vanity and walk-in shower. Two additional bedrooms, a full bathroom with extra counter space and linen storage, plus a convenient upstairs laundry room with shelving complete the upper level. Ideally located with quick access to Woodmen Road and Powers Boulevard, this home is close to top-rated schools, parks, trails, shopping, dining, and everyday amenities-offering both convenience and modern Colorado living.

2. 2026-05-20
   price $417,000 1556-char remark

   Show marketing remark (1556 chars)

   Welcome home to this nearly new home located in the highly desirable Academy School District 20! Thoughtfully designed with modern finishes and an open-concept layout, this bright and inviting home offers comfortable, low-maintenance living in a prime location. The main level features soaring ceilings, durable laminate flooring, and abundant natural light throughout. The stylish kitchen is the heart of the home with quartz countertops, stainless steel appliances, gas range, ample cabinetry, and a seamless flow into the dining and living areas-perfect for entertaining or everyday living. Large windows create a warm and welcoming atmosphere while the adjacent patio and fully fenced backyard provide outdoor space designed for easy maintenance and relaxation. Just off the kitchen you'll find a convenient half bath, oversized coat closet, garage access, and a charming coffee or wine nook that adds both functionality and character. Upstairs, a versatile loft offers flexible space for a second living area, home office, workout room, or playroom. The spacious primary suite features a walk-in closet and attached 3/4 bath with double vanity and walk-in shower. Two additional bedrooms, a full bathroom with extra counter space and linen storage, plus a convenient upstairs laundry room with shelving complete the upper level. Ideally located with quick access to Woodmen Road and Powers Boulevard, this home is close to top-rated schools, parks, trails, shopping, dining, and everyday amenities-offering both convenience and modern Colorado living.

3. 2026-05-20
   price $417,000 1556-char remark

   Show marketing remark (1556 chars)

   Welcome home to this nearly new home located in the highly desirable Academy School District 20! Thoughtfully designed with modern finishes and an open-concept layout, this bright and inviting home offers comfortable, low-maintenance living in a prime location. The main level features soaring ceilings, durable laminate flooring, and abundant natural light throughout. The stylish kitchen is the heart of the home with quartz countertops, stainless steel appliances, gas range, ample cabinetry, and a seamless flow into the dining and living areas-perfect for entertaining or everyday living. Large windows create a warm and welcoming atmosphere while the adjacent patio and fully fenced backyard provide outdoor space designed for easy maintenance and relaxation. Just off the kitchen you'll find a convenient half bath, oversized coat closet, garage access, and a charming coffee or wine nook that adds both functionality and character. Upstairs, a versatile loft offers flexible space for a second living area, home office, workout room, or playroom. The spacious primary suite features a walk-in closet and attached 3/4 bath with double vanity and walk-in shower. Two additional bedrooms, a full bathroom with extra counter space and linen storage, plus a convenient upstairs laundry room with shelving complete the upper level. Ideally located with quick access to Woodmen Road and Powers Boulevard, this home is close to top-rated schools, parks, trails, shopping, dining, and everyday amenities-offering both convenience and modern Colorado living.

4. 2026-05-06
   price $460,900 1579-char remark

   Show marketing remark (1556 chars)

   Welcome home to this nearly new home located in the highly desirable Academy School District 20! Thoughtfully designed with modern finishes and an open-concept layout, this bright and inviting home offers comfortable, low-maintenance living in a prime location. The main level features soaring ceilings, durable laminate flooring, and abundant natural light throughout. The stylish kitchen is the heart of the home with quartz countertops, stainless steel appliances, gas range, ample cabinetry, and a seamless flow into the dining and living areas-perfect for entertaining or everyday living. Large windows create a warm and welcoming atmosphere while the adjacent patio and fully fenced backyard provide outdoor space designed for easy maintenance and relaxation. Just off the kitchen you'll find a convenient half bath, oversized coat closet, garage access, and a charming coffee or wine nook that adds both functionality and character. Upstairs, a versatile loft offers flexible space for a second living area, home office, workout room, or playroom. The spacious primary suite features a walk-in closet and attached 3/4 bath with double vanity and walk-in shower. Two additional bedrooms, a full bathroom with extra counter space and linen storage, plus a convenient upstairs laundry room with shelving complete the upper level. Ideally located with quick access to Woodmen Road and Powers Boulevard, this home is close to top-rated schools, parks, trails, shopping, dining, and everyday amenities-offering both convenience and modern Colorado living.

5. 2026-05-06
   price $460,900 1556-char remark

   Show marketing remark (1556 chars)

   Welcome home to this nearly new home located in the highly desirable Academy School District 20! Thoughtfully designed with modern finishes and an open-concept layout, this bright and inviting home offers comfortable, low-maintenance living in a prime location. The main level features soaring ceilings, durable laminate flooring, and abundant natural light throughout. The stylish kitchen is the heart of the home with quartz countertops, stainless steel appliances, gas range, ample cabinetry, and a seamless flow into the dining and living areas-perfect for entertaining or everyday living. Large windows create a warm and welcoming atmosphere while the adjacent patio and fully fenced backyard provide outdoor space designed for easy maintenance and relaxation. Just off the kitchen you'll find a convenient half bath, oversized coat closet, garage access, and a charming coffee or wine nook that adds both functionality and character. Upstairs, a versatile loft offers flexible space for a second living area, home office, workout room, or playroom. The spacious primary suite features a walk-in closet and attached 3/4 bath with double vanity and walk-in shower. Two additional bedrooms, a full bathroom with extra counter space and linen storage, plus a convenient upstairs laundry room with shelving complete the upper level. Ideally located with quick access to Woodmen Road and Powers Boulevard, this home is close to top-rated schools, parks, trails, shopping, dining, and everyday amenities-offering both convenience and modern Colorado living.

6. 2026-05-06
   price $460,900 1556-char remark

   Show marketing remark (1556 chars)

   Welcome home to this nearly new home located in the highly desirable Academy School District 20! Thoughtfully designed with modern finishes and an open-concept layout, this bright and inviting home offers comfortable, low-maintenance living in a prime location. The main level features soaring ceilings, durable laminate flooring, and abundant natural light throughout. The stylish kitchen is the heart of the home with quartz countertops, stainless steel appliances, gas range, ample cabinetry, and a seamless flow into the dining and living areas-perfect for entertaining or everyday living. Large windows create a warm and welcoming atmosphere while the adjacent patio and fully fenced backyard provide outdoor space designed for easy maintenance and relaxation. Just off the kitchen you'll find a convenient half bath, oversized coat closet, garage access, and a charming coffee or wine nook that adds both functionality and character. Upstairs, a versatile loft offers flexible space for a second living area, home office, workout room, or playroom. The spacious primary suite features a walk-in closet and attached 3/4 bath with double vanity and walk-in shower. Two additional bedrooms, a full bathroom with extra counter space and linen storage, plus a convenient upstairs laundry room with shelving complete the upper level. Ideally located with quick access to Woodmen Road and Powers Boulevard, this home is close to top-rated schools, parks, trails, shopping, dining, and everyday amenities-offering both convenience and modern Colorado living.

7. 2026-01-29
   price $483,900 1579-char remark

   Show marketing remark (1556 chars)

   Welcome home to this nearly new home located in the highly desirable Academy School District 20! Thoughtfully designed with modern finishes and an open-concept layout, this bright and inviting home offers comfortable, low-maintenance living in a prime location. The main level features soaring ceilings, durable laminate flooring, and abundant natural light throughout. The stylish kitchen is the heart of the home with quartz countertops, stainless steel appliances, gas range, ample cabinetry, and a seamless flow into the dining and living areas-perfect for entertaining or everyday living. Large windows create a warm and welcoming atmosphere while the adjacent patio and fully fenced backyard provide outdoor space designed for easy maintenance and relaxation. Just off the kitchen you'll find a convenient half bath, oversized coat closet, garage access, and a charming coffee or wine nook that adds both functionality and character. Upstairs, a versatile loft offers flexible space for a second living area, home office, workout room, or playroom. The spacious primary suite features a walk-in closet and attached 3/4 bath with double vanity and walk-in shower. Two additional bedrooms, a full bathroom with extra counter space and linen storage, plus a convenient upstairs laundry room with shelving complete the upper level. Ideally located with quick access to Woodmen Road and Powers Boulevard, this home is close to top-rated schools, parks, trails, shopping, dining, and everyday amenities-offering both convenience and modern Colorado living.

8. 2026-01-29
   price $483,900 1556-char remark

   Show marketing remark (1556 chars)

   Welcome home to this nearly new home located in the highly desirable Academy School District 20! Thoughtfully designed with modern finishes and an open-concept layout, this bright and inviting home offers comfortable, low-maintenance living in a prime location. The main level features soaring ceilings, durable laminate flooring, and abundant natural light throughout. The stylish kitchen is the heart of the home with quartz countertops, stainless steel appliances, gas range, ample cabinetry, and a seamless flow into the dining and living areas-perfect for entertaining or everyday living. Large windows create a warm and welcoming atmosphere while the adjacent patio and fully fenced backyard provide outdoor space designed for easy maintenance and relaxation. Just off the kitchen you'll find a convenient half bath, oversized coat closet, garage access, and a charming coffee or wine nook that adds both functionality and character. Upstairs, a versatile loft offers flexible space for a second living area, home office, workout room, or playroom. The spacious primary suite features a walk-in closet and attached 3/4 bath with double vanity and walk-in shower. Two additional bedrooms, a full bathroom with extra counter space and linen storage, plus a convenient upstairs laundry room with shelving complete the upper level. Ideally located with quick access to Woodmen Road and Powers Boulevard, this home is close to top-rated schools, parks, trails, shopping, dining, and everyday amenities-offering both convenience and modern Colorado living.

9. 2026-01-29
   price $483,900 1556-char remark

   Show marketing remark (1556 chars)

   Welcome home to this nearly new home located in the highly desirable Academy School District 20! Thoughtfully designed with modern finishes and an open-concept layout, this bright and inviting home offers comfortable, low-maintenance living in a prime location. The main level features soaring ceilings, durable laminate flooring, and abundant natural light throughout. The stylish kitchen is the heart of the home with quartz countertops, stainless steel appliances, gas range, ample cabinetry, and a seamless flow into the dining and living areas-perfect for entertaining or everyday living. Large windows create a warm and welcoming atmosphere while the adjacent patio and fully fenced backyard provide outdoor space designed for easy maintenance and relaxation. Just off the kitchen you'll find a convenient half bath, oversized coat closet, garage access, and a charming coffee or wine nook that adds both functionality and character. Upstairs, a versatile loft offers flexible space for a second living area, home office, workout room, or playroom. The spacious primary suite features a walk-in closet and attached 3/4 bath with double vanity and walk-in shower. Two additional bedrooms, a full bathroom with extra counter space and linen storage, plus a convenient upstairs laundry room with shelving complete the upper level. Ideally located with quick access to Woodmen Road and Powers Boulevard, this home is close to top-rated schools, parks, trails, shopping, dining, and everyday amenities-offering both convenience and modern Colorado living.

10. 2026-01-29
    price $473,900 1579-char remark

    Show marketing remark (1556 chars)

    Welcome home to this nearly new home located in the highly desirable Academy School District 20! Thoughtfully designed with modern finishes and an open-concept layout, this bright and inviting home offers comfortable, low-maintenance living in a prime location. The main level features soaring ceilings, durable laminate flooring, and abundant natural light throughout. The stylish kitchen is the heart of the home with quartz countertops, stainless steel appliances, gas range, ample cabinetry, and a seamless flow into the dining and living areas-perfect for entertaining or everyday living. Large windows create a warm and welcoming atmosphere while the adjacent patio and fully fenced backyard provide outdoor space designed for easy maintenance and relaxation. Just off the kitchen you'll find a convenient half bath, oversized coat closet, garage access, and a charming coffee or wine nook that adds both functionality and character. Upstairs, a versatile loft offers flexible space for a second living area, home office, workout room, or playroom. The spacious primary suite features a walk-in closet and attached 3/4 bath with double vanity and walk-in shower. Two additional bedrooms, a full bathroom with extra counter space and linen storage, plus a convenient upstairs laundry room with shelving complete the upper level. Ideally located with quick access to Woodmen Road and Powers Boulevard, this home is close to top-rated schools, parks, trails, shopping, dining, and everyday amenities-offering both convenience and modern Colorado living.

11. 2026-01-29
    price $473,900 1556-char remark

    Show marketing remark (1556 chars)

    Welcome home to this nearly new home located in the highly desirable Academy School District 20! Thoughtfully designed with modern finishes and an open-concept layout, this bright and inviting home offers comfortable, low-maintenance living in a prime location. The main level features soaring ceilings, durable laminate flooring, and abundant natural light throughout. The stylish kitchen is the heart of the home with quartz countertops, stainless steel appliances, gas range, ample cabinetry, and a seamless flow into the dining and living areas-perfect for entertaining or everyday living. Large windows create a warm and welcoming atmosphere while the adjacent patio and fully fenced backyard provide outdoor space designed for easy maintenance and relaxation. Just off the kitchen you'll find a convenient half bath, oversized coat closet, garage access, and a charming coffee or wine nook that adds both functionality and character. Upstairs, a versatile loft offers flexible space for a second living area, home office, workout room, or playroom. The spacious primary suite features a walk-in closet and attached 3/4 bath with double vanity and walk-in shower. Two additional bedrooms, a full bathroom with extra counter space and linen storage, plus a convenient upstairs laundry room with shelving complete the upper level. Ideally located with quick access to Woodmen Road and Powers Boulevard, this home is close to top-rated schools, parks, trails, shopping, dining, and everyday amenities-offering both convenience and modern Colorado living.

12. 2026-01-29
    price $473,900 1556-char remark

    Show marketing remark (1556 chars)

    Welcome home to this nearly new home located in the highly desirable Academy School District 20! Thoughtfully designed with modern finishes and an open-concept layout, this bright and inviting home offers comfortable, low-maintenance living in a prime location. The main level features soaring ceilings, durable laminate flooring, and abundant natural light throughout. The stylish kitchen is the heart of the home with quartz countertops, stainless steel appliances, gas range, ample cabinetry, and a seamless flow into the dining and living areas-perfect for entertaining or everyday living. Large windows create a warm and welcoming atmosphere while the adjacent patio and fully fenced backyard provide outdoor space designed for easy maintenance and relaxation. Just off the kitchen you'll find a convenient half bath, oversized coat closet, garage access, and a charming coffee or wine nook that adds both functionality and character. Upstairs, a versatile loft offers flexible space for a second living area, home office, workout room, or playroom. The spacious primary suite features a walk-in closet and attached 3/4 bath with double vanity and walk-in shower. Two additional bedrooms, a full bathroom with extra counter space and linen storage, plus a convenient upstairs laundry room with shelving complete the upper level. Ideally located with quick access to Woodmen Road and Powers Boulevard, this home is close to top-rated schools, parks, trails, shopping, dining, and everyday amenities-offering both convenience and modern Colorado living.

13. 2025-10-30
    listed $485,000 Active 1556-char remark

    Show marketing remark (1556 chars)

    Welcome home to this nearly new home located in the highly desirable Academy School District 20! Thoughtfully designed with modern finishes and an open-concept layout, this bright and inviting home offers comfortable, low-maintenance living in a prime location. The main level features soaring ceilings, durable laminate flooring, and abundant natural light throughout. The stylish kitchen is the heart of the home with quartz countertops, stainless steel appliances, gas range, ample cabinetry, and a seamless flow into the dining and living areas-perfect for entertaining or everyday living. Large windows create a warm and welcoming atmosphere while the adjacent patio and fully fenced backyard provide outdoor space designed for easy maintenance and relaxation. Just off the kitchen you'll find a convenient half bath, oversized coat closet, garage access, and a charming coffee or wine nook that adds both functionality and character. Upstairs, a versatile loft offers flexible space for a second living area, home office, workout room, or playroom. The spacious primary suite features a walk-in closet and attached 3/4 bath with double vanity and walk-in shower. Two additional bedrooms, a full bathroom with extra counter space and linen storage, plus a convenient upstairs laundry room with shelving complete the upper level. Ideally located with quick access to Woodmen Road and Powers Boulevard, this home is close to top-rated schools, parks, trails, shopping, dining, and everyday amenities-offering both convenience and modern Colorado living.

14. 2025-10-30
    listed $485,000 Active 1556-char remark

    Show marketing remark (1556 chars)

    Welcome home to this nearly new home located in the highly desirable Academy School District 20! Thoughtfully designed with modern finishes and an open-concept layout, this bright and inviting home offers comfortable, low-maintenance living in a prime location. The main level features soaring ceilings, durable laminate flooring, and abundant natural light throughout. The stylish kitchen is the heart of the home with quartz countertops, stainless steel appliances, gas range, ample cabinetry, and a seamless flow into the dining and living areas-perfect for entertaining or everyday living. Large windows create a warm and welcoming atmosphere while the adjacent patio and fully fenced backyard provide outdoor space designed for easy maintenance and relaxation. Just off the kitchen you'll find a convenient half bath, oversized coat closet, garage access, and a charming coffee or wine nook that adds both functionality and character. Upstairs, a versatile loft offers flexible space for a second living area, home office, workout room, or playroom. The spacious primary suite features a walk-in closet and attached 3/4 bath with double vanity and walk-in shower. Two additional bedrooms, a full bathroom with extra counter space and linen storage, plus a convenient upstairs laundry room with shelving complete the upper level. Ideally located with quick access to Woodmen Road and Powers Boulevard, this home is close to top-rated schools, parks, trails, shopping, dining, and everyday amenities-offering both convenience and modern Colorado living.

15. 2025-10-29
    listed $485,000 Active 1579-char remark

    Show marketing remark (1579 chars)

    Welcome home to this nearly new home located in the highly desirable Academy School District 20! Thoughtfully designed with modern finishes and an open-concept layout, this bright and inviting home offers comfortable, low-maintenance living in a prime location. The main level features soaring ceilings, durable laminate flooring, and abundant natural light throughout. The stylish kitchen is the heart of the home with quartz countertops, stainless steel appliances, gas range, ample cabinetry, and a seamless flow into the dining and living areas—perfect for entertaining or everyday living. Large windows create a warm and welcoming atmosphere while the adjacent patio and fully fenced backyard provide outdoor space designed for easy maintenance and relaxation. Just off the kitchen you’ll find a convenient half bath, oversized coat closet, garage access, and a charming coffee or wine nook that adds both functionality and character. Upstairs, a versatile loft offers flexible space for a second living area, home office, workout room, or playroom. The spacious primary suite features a walk-in closet and attached ¾ bath with double vanity and walk-in shower. Two additional bedrooms, a full bathroom with extra counter space and linen storage, plus a convenient upstairs laundry room with shelving complete the upper level. Ideally located with quick access to Woodmen Road and Powers Boulevard, this home is close to top-rated schools, parks, trails, shopping, dining, and everyday amenities—offering both convenience and modern Colorado living.

16. 2022-02-08
    price $469,585

ⓘ 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: $2,161 · $180/mo
• Projected year-2 tax: $2,294 · $191/mo
• Expected delta: +$133/yr (+$11/mo · 6.1%)

ⓘ 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 5/10 Major
• 🌡 Heat 2/10 Low 6 d/yr ≥86°F today · 17 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: $29,596
• − Mortgage interest: −$23,358
• − Property taxes: −$2,161
• − Insurance: −$2,085
• − Repairs & maintenance: −$2,368
• − Management: −$2,368
• − HOA: −$1,044
• − Depreciation: −$12,131
• Taxable loss: −$15,919
• Est. tax savings @ 24.0%: +$3,821
• After-tax cash flow: $-4,330/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: Academy School District No. 20 In The County Of El Paso An
• NCES district ID: 0801920
• Math proficiency: 45% ▼ -5.00%
• Reading proficiency: 65% ▲ 1.00%
• Median HH income: $89,325
• Composite: 50.62/100
• National rank: #1840
• State rank: #8 of 86 in CO

Livability — Colorado Springs

• Score: 78/100
• State rank: #23
• US rank: #2639

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Colorado Springs, CO
• County: El Paso County · 689,348 people
• City population: 555,783
• Metro: Colorado Springs, CO
• Population (ZIP): 19,619
• Household income: $139,447
• Rent vs Own: 34.3% rent · 65.7% own
• Severe rent burden: 464.0

Population outlook (El Paso County) Hauer SSP2

• Today (2025): 768,926 people
• By 2030: 815,739 · +6.1%
• By 2040: 903,489 · +17.5%
• By 2050: 981,204 · +27.6%
• By 2075: 1,155,542 · +50.3%
• By 2100: 1,202,070 · +56.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Two or more races 10% Hispanic / Latino 9% Asian 5% Black 4%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Italian 5% Slovak 3% Romanian 2%
• Foreign-born: 8% · Canada, South Korea, China
• Languages at home: 89% English-only · Other Indo-European 3% Spanish 3% German/W. Germanic 2%

Political lean MEDSL · El Paso

• 2024 margin: Lean R (+9.8) · D 43.8% · R 53.5% · Other 2.7%
• 2008→2024 swing: +9.0pp toward D · 2008: -18.8pp · 2024: -9.8pp
• All cycles: 2024: R+9.8 2020: R+10.8 2016: R+22.6 2012: R+21.4 2008: R+18.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -1.81%
• Current HPI: 180.049
• Rent YoY: ▼ -0.85%
• Metro: Colorado Springs, CO
• 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

-11.2% since first listed

16 events — show timeline

• 2026-05-20 Price Changed $417,000 elevateMLS
• 2026-05-20 Price Changed $417,000 IRES
• 2026-05-20 Price Changed $417,000 REColorado as Distributed by MLS Grid
• 2026-05-06 Price Changed $460,900 elevateMLS
• 2026-05-06 Price Changed $460,900 IRES
• 2026-05-06 Price Changed $460,900 REColorado as Distributed by MLS Grid
• 2026-01-29 Price Changed $483,900 elevateMLS
• 2026-01-29 Price Changed $483,900 IRES
• 2026-01-29 Price Changed $483,900 REColorado as Distributed by MLS Grid
• 2026-01-29 Price Changed $473,900 elevateMLS
• 2026-01-29 Price Changed $473,900 IRES
• 2026-01-29 Price Changed $473,900 REColorado as Distributed by MLS Grid
• 2025-10-30 Listed $485,000 REColorado as Distributed by MLS Grid
• 2025-10-30 Listed $485,000 IRES
• 2025-10-29 Listed $485,000 elevateMLS
• 2022-02-08 Price Changed $469,585 elevateMLS

Property tax history

+115.3%/yr

Latest (2024): $2,161 · +3.6% YoY. Source: county tax records.