1261 S Gilbert St #202 · Castle Rock, CO 80104

$185,000

1 bd · 1.0 ba · 634 sqft · Condo public records · 347 Days on market

Built 1984 $335/mo HOA · 19% of rent

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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 +12.0/30.0
• ARV discount +7.5/15.0
• Schools +5.1/10.0
• 1% rule +4.7/10.0
• Livability +3.9/5.0
• DSCR +3.5/10.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

REMODELED TOP TO BOTTOM!!! From the new stainless steel appliances to custom tile shower, new laminate, upgraded new carpet/pad, paint, hardware, countertops, vanity, and the list just keeps going on and on. This condo shows GREAT! Open and roomy floor plan, a nice deck to sit out on and just relax, plus a huge storage closet off the deck area. You simply can't beat it. And the location... This home is situated right off plum creek pkwy with quick, easy access to downtown Castle Rocks shopping, restaurants, and entertainment district. Plus, with a network of trails that you can pick up right from your front door, you don't even need to take the car to hit all that Castle Rock has to offer. Love the outdoors? The MAC center is just a stone's throw away with a step incline, mountain bike trails, zip lines, obstacle course, pools, parks, and so much more. With easy access to I25, you just can't beat it. Run, don't walk, with a home at this price point, in this condition, and this location, it'll be gone FAST! You simply can't find a better bang for your buck!!

Key facts

• Quick easy access
• Network of trails
• Nice deck

Tags

• NICE DECK
• HUGE STORAGE CLOSET
• QUICK EASY ACCESS
• NETWORK OF TRAILS

Property features AI

Finance

• HOA & community: Sellers Landing association (professionally managed); Monthly HOA fee of $335.85 (approx. $4,030.20 annually); HOA covers grounds and structure maintenance, road maintenance, sewer, snow removal, trash, and water; Association phone available

Exterior

• Utilities: Public water; Public sewer
• Home design: Condominium (residential); Low-rise building (1–3 stories); Entry level: 2; Three or more levels; Property listed as corporation/trust ownership
• Construction: Frame construction; Composition roof
• Exterior features: Balcony; Deck

Interior

• Kitchen: Dishwasher; Garbage disposal; Oven; Range; Refrigerator
• Bedrooms: 1 bedroom on the main level
• Flooring: Concrete; Tile
• Bathrooms: 1 full bathroom on the main level
• Heating & cooling: Forced air heating; Natural gas heating
• Interior features: Breakfast bar; Ceiling fan(s); Smoke-free unit
• Laundry & utility: In-unit laundry in a laundry closet; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $185k.

Deal economics

• At list price, monthly cash flow is $-45 ($-537/yr) — negative.
• To cash-flow at today's rent, offer at most $177k (4.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $180k (2.7% below list).
• Recommended offer: $163k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.0% vs local median 3.1% in Castle Rock — 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 (#15 in CO, #2,469 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, amenities A+, employment A+; Watch: health & safety D+, commute D-, cost of living F.
• Douglas County School District No. RE-1 (suburban): math 45% / reading 62% proficiency, ranked #7 of 86 in CO (top 8%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 8% free/reduced lunch — higher-income household profile.
• Zoned schools: South Ridge Elementary An Ib World School (math 22% / reading 27%, grade F, #606 of 966 statewide, top 65%, 411 students, 34% FRL); Mesa Middle School (math 26% / reading 47%, grade F, #102 of 270 statewide, top 38%, 957 students, 19% FRL); Douglas County High School (math 46% / reading 67%, grade C, #72 of 381 statewide, top 19%, 1,758 students, 0% FRL).
• Zoned-school proficiency averages 39% at this address vs 54% district-wide (-14 pts) — the specific schools serving this property underperform the Douglas County School District No. RE-1 average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+1.2%/yr); 416 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 3,131 units permitted in Douglas County in 2024 (950 in 5+ unit buildings).
• This rent is only 16% of the median local income ($134k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Douglas County population projected at +43% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 347 days — a 12% lower offer ($163k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts; this cycle's ask has dropped $25k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $51k; list at $185k implies a 265% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

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

Recommended offer $162,800 (12.0% 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 347 days. Have you received any prior offers? Is the seller open to a 12% 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. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are A-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?
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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.97% ✗
• Cap rate: 6.00%
• Cash-on-cash: -1.04%
• DSCR: 0.95
• GRM: 8.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.22% rent growth · sell at horizon

5-year hold

• IRR: -20.2%
• Equity multiple: 0.31×
• Total profit: $-35,851
• Equity at exit: $27,584

10-year hold

• IRR: -18.3%
• Equity multiple: 0.10×
• Total profit: $-46,847
• Equity at exit: $15,995

Cash invested: $51,800 (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 80104

• Rents YoY: 1.2%
• Active inventory: 416
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $1,800 medium
• Mortgage (P&I): −$970
• Tax from tax record: −$85 /mo · $1,015/yr
• Insurance: −$77
• HOA: −$335
• Vacancy / Maint / Mgmt: −$378
• Net cashflow: $-45

Break-even live

Break-even rent $1,857

Max offer price $177,102

Occupancy floor 97%

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: $46,250
• Closing costs: $5,550
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
122 Lewis St Unit B Castle Rock, CO	2.0	1.0	750	$1,550	$2.07	17d	1	1.05mi
115 Wilcox St Castle Rock, CO	2.0	1.0–2.0	825	$2,064	$2.50	2d	6	1.25mi
610 Jerry St Castle Rock, CO	3.0	1.0–3.0	862	$1,932	$2.24	12d	149	1.49mi

HOA detail condo

• Monthly dues: $335 · $4,020/yr
• Likely covers: pool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 38 events

1. 2026-06-19
   price $185,000 Active 347 DOM
2. 2026-06-18
   days on market $195,000 Active 347 DOM
3. 2026-06-17
   days on market $195,000 Active 346 DOM
4. 2026-06-16
   days on market $195,000 Active 345 DOM
5. 2026-06-15
   days on market $195,000 Active 344 DOM
6. 2026-06-13
   days on market $195,000 Active 342 DOM
7. 2026-06-10
   days on market $195,000 Active 338 DOM
8. 2026-06-08
   days on market $195,000 Active 337 DOM
9. 2026-06-07
   days on market $195,000 Active 336 DOM
10. 2026-06-04
    days on market $195,000 Active 333 DOM
11. 2026-06-03
    days on market $195,000 Active 332 DOM
12. 2026-06-02
    days on market $195,000 Active 331 DOM
13. 2026-06-01
    days on market $195,000 Active 330 DOM
14. 2026-05-31
    days on market $195,000 Active 329 DOM
15. 2026-05-21
    price $195,000 1073-char remark

    Show marketing remark (1073 chars)

    REMODELED TOP TO BOTTOM!!! From the new stainless steel appliances to custom tile shower, new laminate, upgraded new carpet/pad, paint, hardware, countertops, vanity, and the list just keeps going on and on. This condo shows GREAT! Open and roomy floor plan, a nice deck to sit out on and just relax, plus a huge storage closet off the deck area. You simply can't beat it. And the location... This home is situated right off plum creek pkwy with quick, easy access to downtown Castle Rocks shopping, restaurants, and entertainment district. Plus, with a network of trails that you can pick up right from your front door, you don't even need to take the car to hit all that Castle Rock has to offer. Love the outdoors? The MAC center is just a stone's throw away with a step incline, mountain bike trails, zip lines, obstacle course, pools, parks, and so much more. With easy access to I25, you just can't beat it. Run, don't walk, with a home at this price point, in this condition, and this location, it'll be gone FAST! You simply can't find a better bang for your buck!!

16. 2026-05-21
    price $195,000 1073-char remark

    Show marketing remark (1073 chars)

    REMODELED TOP TO BOTTOM!!! From the new stainless steel appliances to custom tile shower, new laminate, upgraded new carpet/pad, paint, hardware, countertops, vanity, and the list just keeps going on and on. This condo shows GREAT! Open and roomy floor plan, a nice deck to sit out on and just relax, plus a huge storage closet off the deck area. You simply can't beat it. And the location... This home is situated right off plum creek pkwy with quick, easy access to downtown Castle Rocks shopping, restaurants, and entertainment district. Plus, with a network of trails that you can pick up right from your front door, you don't even need to take the car to hit all that Castle Rock has to offer. Love the outdoors? The MAC center is just a stone's throw away with a step incline, mountain bike trails, zip lines, obstacle course, pools, parks, and so much more. With easy access to I25, you just can't beat it. Run, don't walk, with a home at this price point, in this condition, and this location, it'll be gone FAST! You simply can't find a better bang for your buck!!

17. 2026-03-20
    status Active 1073-char remark

    Show marketing remark (1073 chars)

    REMODELED TOP TO BOTTOM!!! From the new stainless steel appliances to custom tile shower, new laminate, upgraded new carpet/pad, paint, hardware, countertops, vanity, and the list just keeps going on and on. This condo shows GREAT! Open and roomy floor plan, a nice deck to sit out on and just relax, plus a huge storage closet off the deck area. You simply can't beat it. And the location... This home is situated right off plum creek pkwy with quick, easy access to downtown Castle Rocks shopping, restaurants, and entertainment district. Plus, with a network of trails that you can pick up right from your front door, you don't even need to take the car to hit all that Castle Rock has to offer. Love the outdoors? The MAC center is just a stone's throw away with a step incline, mountain bike trails, zip lines, obstacle course, pools, parks, and so much more. With easy access to I25, you just can't beat it. Run, don't walk, with a home at this price point, in this condition, and this location, it'll be gone FAST! You simply can't find a better bang for your buck!!

18. 2026-03-20
    price $200,000 1073-char remark

    Show marketing remark (1073 chars)

    REMODELED TOP TO BOTTOM!!! From the new stainless steel appliances to custom tile shower, new laminate, upgraded new carpet/pad, paint, hardware, countertops, vanity, and the list just keeps going on and on. This condo shows GREAT! Open and roomy floor plan, a nice deck to sit out on and just relax, plus a huge storage closet off the deck area. You simply can't beat it. And the location... This home is situated right off plum creek pkwy with quick, easy access to downtown Castle Rocks shopping, restaurants, and entertainment district. Plus, with a network of trails that you can pick up right from your front door, you don't even need to take the car to hit all that Castle Rock has to offer. Love the outdoors? The MAC center is just a stone's throw away with a step incline, mountain bike trails, zip lines, obstacle course, pools, parks, and so much more. With easy access to I25, you just can't beat it. Run, don't walk, with a home at this price point, in this condition, and this location, it'll be gone FAST! You simply can't find a better bang for your buck!!

19. 2026-03-20
    status Active 1073-char remark

    Show marketing remark (1073 chars)

    REMODELED TOP TO BOTTOM!!! From the new stainless steel appliances to custom tile shower, new laminate, upgraded new carpet/pad, paint, hardware, countertops, vanity, and the list just keeps going on and on. This condo shows GREAT! Open and roomy floor plan, a nice deck to sit out on and just relax, plus a huge storage closet off the deck area. You simply can't beat it. And the location... This home is situated right off plum creek pkwy with quick, easy access to downtown Castle Rocks shopping, restaurants, and entertainment district. Plus, with a network of trails that you can pick up right from your front door, you don't even need to take the car to hit all that Castle Rock has to offer. Love the outdoors? The MAC center is just a stone's throw away with a step incline, mountain bike trails, zip lines, obstacle course, pools, parks, and so much more. With easy access to I25, you just can't beat it. Run, don't walk, with a home at this price point, in this condition, and this location, it'll be gone FAST! You simply can't find a better bang for your buck!!

20. 2026-01-20
    historical 1073-char remark

    Show marketing remark (1073 chars)

    REMODELED TOP TO BOTTOM!!! From the new stainless steel appliances to custom tile shower, new laminate, upgraded new carpet/pad, paint, hardware, countertops, vanity, and the list just keeps going on and on. This condo shows GREAT! Open and roomy floor plan, a nice deck to sit out on and just relax, plus a huge storage closet off the deck area. You simply can't beat it. And the location... This home is situated right off plum creek pkwy with quick, easy access to downtown Castle Rocks shopping, restaurants, and entertainment district. Plus, with a network of trails that you can pick up right from your front door, you don't even need to take the car to hit all that Castle Rock has to offer. Love the outdoors? The MAC center is just a stone's throw away with a step incline, mountain bike trails, zip lines, obstacle course, pools, parks, and so much more. With easy access to I25, you just can't beat it. Run, don't walk, with a home at this price point, in this condition, and this location, it'll be gone FAST! You simply can't find a better bang for your buck!!

21. 2026-01-20
    price $200,000 1073-char remark

    Show marketing remark (1073 chars)

    REMODELED TOP TO BOTTOM!!! From the new stainless steel appliances to custom tile shower, new laminate, upgraded new carpet/pad, paint, hardware, countertops, vanity, and the list just keeps going on and on. This condo shows GREAT! Open and roomy floor plan, a nice deck to sit out on and just relax, plus a huge storage closet off the deck area. You simply can't beat it. And the location... This home is situated right off plum creek pkwy with quick, easy access to downtown Castle Rocks shopping, restaurants, and entertainment district. Plus, with a network of trails that you can pick up right from your front door, you don't even need to take the car to hit all that Castle Rock has to offer. Love the outdoors? The MAC center is just a stone's throw away with a step incline, mountain bike trails, zip lines, obstacle course, pools, parks, and so much more. With easy access to I25, you just can't beat it. Run, don't walk, with a home at this price point, in this condition, and this location, it'll be gone FAST! You simply can't find a better bang for your buck!!

22. 2026-01-20
    historical 1073-char remark

    Show marketing remark (1073 chars)

    REMODELED TOP TO BOTTOM!!! From the new stainless steel appliances to custom tile shower, new laminate, upgraded new carpet/pad, paint, hardware, countertops, vanity, and the list just keeps going on and on. This condo shows GREAT! Open and roomy floor plan, a nice deck to sit out on and just relax, plus a huge storage closet off the deck area. You simply can't beat it. And the location... This home is situated right off plum creek pkwy with quick, easy access to downtown Castle Rocks shopping, restaurants, and entertainment district. Plus, with a network of trails that you can pick up right from your front door, you don't even need to take the car to hit all that Castle Rock has to offer. Love the outdoors? The MAC center is just a stone's throw away with a step incline, mountain bike trails, zip lines, obstacle course, pools, parks, and so much more. With easy access to I25, you just can't beat it. Run, don't walk, with a home at this price point, in this condition, and this location, it'll be gone FAST! You simply can't find a better bang for your buck!!

23. 2026-01-02
    price $190,000 1073-char remark

    Show marketing remark (1073 chars)

    REMODELED TOP TO BOTTOM!!! From the new stainless steel appliances to custom tile shower, new laminate, upgraded new carpet/pad, paint, hardware, countertops, vanity, and the list just keeps going on and on. This condo shows GREAT! Open and roomy floor plan, a nice deck to sit out on and just relax, plus a huge storage closet off the deck area. You simply can't beat it. And the location... This home is situated right off plum creek pkwy with quick, easy access to downtown Castle Rocks shopping, restaurants, and entertainment district. Plus, with a network of trails that you can pick up right from your front door, you don't even need to take the car to hit all that Castle Rock has to offer. Love the outdoors? The MAC center is just a stone's throw away with a step incline, mountain bike trails, zip lines, obstacle course, pools, parks, and so much more. With easy access to I25, you just can't beat it. Run, don't walk, with a home at this price point, in this condition, and this location, it'll be gone FAST! You simply can't find a better bang for your buck!!

24. 2026-01-02
    price $190,000 1073-char remark

    Show marketing remark (1073 chars)

    REMODELED TOP TO BOTTOM!!! From the new stainless steel appliances to custom tile shower, new laminate, upgraded new carpet/pad, paint, hardware, countertops, vanity, and the list just keeps going on and on. This condo shows GREAT! Open and roomy floor plan, a nice deck to sit out on and just relax, plus a huge storage closet off the deck area. You simply can't beat it. And the location... This home is situated right off plum creek pkwy with quick, easy access to downtown Castle Rocks shopping, restaurants, and entertainment district. Plus, with a network of trails that you can pick up right from your front door, you don't even need to take the car to hit all that Castle Rock has to offer. Love the outdoors? The MAC center is just a stone's throw away with a step incline, mountain bike trails, zip lines, obstacle course, pools, parks, and so much more. With easy access to I25, you just can't beat it. Run, don't walk, with a home at this price point, in this condition, and this location, it'll be gone FAST! You simply can't find a better bang for your buck!!

25. 2025-08-16
    price $179,000 1073-char remark

    Show marketing remark (1073 chars)

    REMODELED TOP TO BOTTOM!!! From the new stainless steel appliances to custom tile shower, new laminate, upgraded new carpet/pad, paint, hardware, countertops, vanity, and the list just keeps going on and on. This condo shows GREAT! Open and roomy floor plan, a nice deck to sit out on and just relax, plus a huge storage closet off the deck area. You simply can't beat it. And the location... This home is situated right off plum creek pkwy with quick, easy access to downtown Castle Rocks shopping, restaurants, and entertainment district. Plus, with a network of trails that you can pick up right from your front door, you don't even need to take the car to hit all that Castle Rock has to offer. Love the outdoors? The MAC center is just a stone's throw away with a step incline, mountain bike trails, zip lines, obstacle course, pools, parks, and so much more. With easy access to I25, you just can't beat it. Run, don't walk, with a home at this price point, in this condition, and this location, it'll be gone FAST! You simply can't find a better bang for your buck!!

26. 2025-08-16
    price $179,000 1073-char remark

    Show marketing remark (1073 chars)

    REMODELED TOP TO BOTTOM!!! From the new stainless steel appliances to custom tile shower, new laminate, upgraded new carpet/pad, paint, hardware, countertops, vanity, and the list just keeps going on and on. This condo shows GREAT! Open and roomy floor plan, a nice deck to sit out on and just relax, plus a huge storage closet off the deck area. You simply can't beat it. And the location... This home is situated right off plum creek pkwy with quick, easy access to downtown Castle Rocks shopping, restaurants, and entertainment district. Plus, with a network of trails that you can pick up right from your front door, you don't even need to take the car to hit all that Castle Rock has to offer. Love the outdoors? The MAC center is just a stone's throw away with a step incline, mountain bike trails, zip lines, obstacle course, pools, parks, and so much more. With easy access to I25, you just can't beat it. Run, don't walk, with a home at this price point, in this condition, and this location, it'll be gone FAST! You simply can't find a better bang for your buck!!

27. 2025-06-26
    price $184,000 1073-char remark

    Show marketing remark (1073 chars)

    REMODELED TOP TO BOTTOM!!! From the new stainless steel appliances to custom tile shower, new laminate, upgraded new carpet/pad, paint, hardware, countertops, vanity, and the list just keeps going on and on. This condo shows GREAT! Open and roomy floor plan, a nice deck to sit out on and just relax, plus a huge storage closet off the deck area. You simply can't beat it. And the location... This home is situated right off plum creek pkwy with quick, easy access to downtown Castle Rocks shopping, restaurants, and entertainment district. Plus, with a network of trails that you can pick up right from your front door, you don't even need to take the car to hit all that Castle Rock has to offer. Love the outdoors? The MAC center is just a stone's throw away with a step incline, mountain bike trails, zip lines, obstacle course, pools, parks, and so much more. With easy access to I25, you just can't beat it. Run, don't walk, with a home at this price point, in this condition, and this location, it'll be gone FAST! You simply can't find a better bang for your buck!!

28. 2025-06-26
    price $184,000 1073-char remark

    Show marketing remark (1073 chars)

    REMODELED TOP TO BOTTOM!!! From the new stainless steel appliances to custom tile shower, new laminate, upgraded new carpet/pad, paint, hardware, countertops, vanity, and the list just keeps going on and on. This condo shows GREAT! Open and roomy floor plan, a nice deck to sit out on and just relax, plus a huge storage closet off the deck area. You simply can't beat it. And the location... This home is situated right off plum creek pkwy with quick, easy access to downtown Castle Rocks shopping, restaurants, and entertainment district. Plus, with a network of trails that you can pick up right from your front door, you don't even need to take the car to hit all that Castle Rock has to offer. Love the outdoors? The MAC center is just a stone's throw away with a step incline, mountain bike trails, zip lines, obstacle course, pools, parks, and so much more. With easy access to I25, you just can't beat it. Run, don't walk, with a home at this price point, in this condition, and this location, it'll be gone FAST! You simply can't find a better bang for your buck!!

29. 2025-05-29
    price $189,000 1073-char remark

    Show marketing remark (1073 chars)

    REMODELED TOP TO BOTTOM!!! From the new stainless steel appliances to custom tile shower, new laminate, upgraded new carpet/pad, paint, hardware, countertops, vanity, and the list just keeps going on and on. This condo shows GREAT! Open and roomy floor plan, a nice deck to sit out on and just relax, plus a huge storage closet off the deck area. You simply can't beat it. And the location... This home is situated right off plum creek pkwy with quick, easy access to downtown Castle Rocks shopping, restaurants, and entertainment district. Plus, with a network of trails that you can pick up right from your front door, you don't even need to take the car to hit all that Castle Rock has to offer. Love the outdoors? The MAC center is just a stone's throw away with a step incline, mountain bike trails, zip lines, obstacle course, pools, parks, and so much more. With easy access to I25, you just can't beat it. Run, don't walk, with a home at this price point, in this condition, and this location, it'll be gone FAST! You simply can't find a better bang for your buck!!

30. 2025-05-29
    price $189,000 1073-char remark

    Show marketing remark (1073 chars)

    REMODELED TOP TO BOTTOM!!! From the new stainless steel appliances to custom tile shower, new laminate, upgraded new carpet/pad, paint, hardware, countertops, vanity, and the list just keeps going on and on. This condo shows GREAT! Open and roomy floor plan, a nice deck to sit out on and just relax, plus a huge storage closet off the deck area. You simply can't beat it. And the location... This home is situated right off plum creek pkwy with quick, easy access to downtown Castle Rocks shopping, restaurants, and entertainment district. Plus, with a network of trails that you can pick up right from your front door, you don't even need to take the car to hit all that Castle Rock has to offer. Love the outdoors? The MAC center is just a stone's throw away with a step incline, mountain bike trails, zip lines, obstacle course, pools, parks, and so much more. With easy access to I25, you just can't beat it. Run, don't walk, with a home at this price point, in this condition, and this location, it'll be gone FAST! You simply can't find a better bang for your buck!!

31. 2025-05-14
    price $195,000 1073-char remark

    Show marketing remark (1073 chars)

    REMODELED TOP TO BOTTOM!!! From the new stainless steel appliances to custom tile shower, new laminate, upgraded new carpet/pad, paint, hardware, countertops, vanity, and the list just keeps going on and on. This condo shows GREAT! Open and roomy floor plan, a nice deck to sit out on and just relax, plus a huge storage closet off the deck area. You simply can't beat it. And the location... This home is situated right off plum creek pkwy with quick, easy access to downtown Castle Rocks shopping, restaurants, and entertainment district. Plus, with a network of trails that you can pick up right from your front door, you don't even need to take the car to hit all that Castle Rock has to offer. Love the outdoors? The MAC center is just a stone's throw away with a step incline, mountain bike trails, zip lines, obstacle course, pools, parks, and so much more. With easy access to I25, you just can't beat it. Run, don't walk, with a home at this price point, in this condition, and this location, it'll be gone FAST! You simply can't find a better bang for your buck!!

32. 2025-05-14
    price $195,000 1073-char remark

    Show marketing remark (1073 chars)

    REMODELED TOP TO BOTTOM!!! From the new stainless steel appliances to custom tile shower, new laminate, upgraded new carpet/pad, paint, hardware, countertops, vanity, and the list just keeps going on and on. This condo shows GREAT! Open and roomy floor plan, a nice deck to sit out on and just relax, plus a huge storage closet off the deck area. You simply can't beat it. And the location... This home is situated right off plum creek pkwy with quick, easy access to downtown Castle Rocks shopping, restaurants, and entertainment district. Plus, with a network of trails that you can pick up right from your front door, you don't even need to take the car to hit all that Castle Rock has to offer. Love the outdoors? The MAC center is just a stone's throw away with a step incline, mountain bike trails, zip lines, obstacle course, pools, parks, and so much more. With easy access to I25, you just can't beat it. Run, don't walk, with a home at this price point, in this condition, and this location, it'll be gone FAST! You simply can't find a better bang for your buck!!

33. 2025-05-08
    listed $210,000 Active 1073-char remark

    Show marketing remark (1073 chars)

    REMODELED TOP TO BOTTOM!!! From the new stainless steel appliances to custom tile shower, new laminate, upgraded new carpet/pad, paint, hardware, countertops, vanity, and the list just keeps going on and on. This condo shows GREAT! Open and roomy floor plan, a nice deck to sit out on and just relax, plus a huge storage closet off the deck area. You simply can't beat it. And the location... This home is situated right off plum creek pkwy with quick, easy access to downtown Castle Rocks shopping, restaurants, and entertainment district. Plus, with a network of trails that you can pick up right from your front door, you don't even need to take the car to hit all that Castle Rock has to offer. Love the outdoors? The MAC center is just a stone's throw away with a step incline, mountain bike trails, zip lines, obstacle course, pools, parks, and so much more. With easy access to I25, you just can't beat it. Run, don't walk, with a home at this price point, in this condition, and this location, it'll be gone FAST! You simply can't find a better bang for your buck!!

34. 2025-05-08
    listed $210,000 Active 1073-char remark

    Show marketing remark (1073 chars)

    REMODELED TOP TO BOTTOM!!! From the new stainless steel appliances to custom tile shower, new laminate, upgraded new carpet/pad, paint, hardware, countertops, vanity, and the list just keeps going on and on. This condo shows GREAT! Open and roomy floor plan, a nice deck to sit out on and just relax, plus a huge storage closet off the deck area. You simply can't beat it. And the location... This home is situated right off plum creek pkwy with quick, easy access to downtown Castle Rocks shopping, restaurants, and entertainment district. Plus, with a network of trails that you can pick up right from your front door, you don't even need to take the car to hit all that Castle Rock has to offer. Love the outdoors? The MAC center is just a stone's throw away with a step incline, mountain bike trails, zip lines, obstacle course, pools, parks, and so much more. With easy access to I25, you just can't beat it. Run, don't walk, with a home at this price point, in this condition, and this location, it'll be gone FAST! You simply can't find a better bang for your buck!!

35. 2000-10-12
    soldstatus $50,750
36. 1994-04-18
    soldstatus $30,000
37. 1986-11-24
    soldstatus $45,000
38. 1983-10-20
    soldstatus $40,000

ⓘ 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: $1,015 · $85/mo
• Projected year-2 tax: $1,017 · $85/mo
• Expected delta: +$3/yr ($0/mo · 0.3%)

ⓘ 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 2/10 Low 7 d/yr ≥89°F today · 20 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,602
• − Mortgage interest: −$10,363
• − Property taxes: −$1,015
• − Insurance: −$925
• − Repairs & maintenance: −$1,728
• − Management: −$1,728
• − HOA: −$4,020
• − Depreciation: −$5,382
• Taxable loss: −$3,559
• Est. tax savings @ 24.0%: +$854
• After-tax cash flow: $318/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: Douglas County School District No. RE-1
• NCES district ID: 0803450
• Math proficiency: 45% ▼ -3.00%
• Reading proficiency: 62% ▲ 3.00%
• Median HH income: $103,175
• Composite: 50.71/100
• National rank: #1818
• State rank: #7 of 86 in CO

Livability — Castle Rock

• Score: 78/100
• State rank: #15
• US rank: #2469

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Castle Rock, CO
• County: Douglas County · 358,815 people
• City population: 66,879
• Metro: Denver-Aurora-Lakewood, CO
• Population (ZIP): 38,479
• Household income: $134,335
• Rent vs Own: 20.6% rent · 79.4% own
• Severe rent burden: 760.0

Population outlook (Douglas County) Hauer SSP2

• Today (2025): 400,644 people
• By 2030: 438,441 · +9.4%
• By 2040: 509,940 · +27.3%
• By 2050: 571,695 · +42.7%
• By 2075: 699,992 · +74.7%
• By 2100: 751,119 · +87.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (81%)
• Race & ethnicity: White 81% Two or more races 12% Hispanic / Latino 10% Asian 2%
• Hispanic origin (detail): Mexican 5% Puerto Rican 1%
• Common ancestry: Slovak 4% Romanian 3% Italian 3%
• Foreign-born: 5% · Canada
• Languages at home: 94% English-only · Spanish 3% Other Indo-European 1% Other Asian/Pacific 1%

Political lean MEDSL · Douglas

• 2024 margin: Lean R (+7.0) · D 45.3% · R 52.3% · Other 2.4%
• 2008→2024 swing: +10.2pp toward D · 2008: -17.2pp · 2024: -7.0pp
• All cycles: 2024: R+7.0 2020: R+7.2 2016: R+18.1 2012: R+26.5 2008: R+17.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -258.11%
• Current HPI: 283.5597
• Rent YoY: ▲ 1.22%
• Metro: Denver-Aurora-Lakewood, 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

+387.5% since first listed

24 events — show timeline

• 2026-05-21 Price Changed $195,000 IRES
• 2026-05-21 Price Changed $195,000 REColorado as Distributed by MLS Grid
• 2026-03-20 Relisted — IRES
• 2026-03-20 Price Changed $200,000 IRES
• 2026-03-20 Relisted — REColorado as Distributed by MLS Grid
• 2026-01-20 Listing Removed — REColorado as Distributed by MLS Grid
• 2026-01-20 Price Changed $200,000 REColorado as Distributed by MLS Grid
• 2026-01-20 Listing Removed — IRES
• 2026-01-02 Price Changed $190,000 IRES
• 2026-01-02 Price Changed $190,000 REColorado as Distributed by MLS Grid
• 2025-08-16 Price Changed $179,000 IRES
• 2025-08-16 Price Changed $179,000 REColorado as Distributed by MLS Grid
• 2025-06-26 Price Changed $184,000 IRES
• 2025-06-26 Price Changed $184,000 REColorado as Distributed by MLS Grid
• 2025-05-29 Price Changed $189,000 IRES
• 2025-05-29 Price Changed $189,000 REColorado as Distributed by MLS Grid
• 2025-05-14 Price Changed $195,000 IRES
• 2025-05-14 Price Changed $195,000 REColorado as Distributed by MLS Grid
• 2025-05-08 Listed $210,000 REColorado as Distributed by MLS Grid
• 2025-05-08 Listed $210,000 IRES
• 2000-10-12 Sold (Public Records) $50,750 Public Records
• 1994-04-18 Sold (Public Records) $30,000 Public Records
• 1986-11-24 Sold (Public Records) $45,000 Public Records
• 1983-10-20 Sold (Public Records) $40,000 Public Records

Property tax history

+7.8%/yr

Latest (2025): $1,015 · +56.2% YoY. Source: county tax records.