$130,000
309 Kansas Ave, Walsenburg, CO 81089
Historic 3-Bed Home on Large Lot — Walsenburg Value Opportunity
3 Bed · 1.5 Bath · 1,818 Sq Ft
Period character, big yard, priced to allow renovation
3
Beds
1.5
Baths
1,818
Sq Ft
1897
Built
0.16 acres
Lot
No garage — driveway / street parking
Garage
About 309 Kansas Ave
This solid 1897 residence at 309 Kansas Ave offers rare entry-level ownership in Walsenburg with gracious rooms and a large yard ready for transformation. The footprint provides approximately 1,818 square feet including a generous living room that flows to a separate dining room — rooms sized for everyday family life and easy entertaining. Three upstairs bedrooms deliver private sleeping quarters, and the 1.5 bathrooms give flexibility for modern family needs. A working fireplace and period millwork add warmth and charm throughout.
The generous 6,969 sqft lot is one of the property’s most valuable features: level and usable, it invites vegetable gardens, a shaded patio, or an accessory structure addition (subject to permitting). Parking is on-driveway and curbside; the property is ideal for a buyer who values outdoor space and wants to add personal touches over time. With sensible updating — kitchen modernization, bathroom refreshes, and mechanical upgrades — this home will yield strong utility and appeal in the Walsenburg market.
Location is quietly convenient: a short drive to I-25 for regional travel, local schools, shops, and services within town limits, and outdoor destinations such as Lathrop State Park and Spanish Peaks access within a short drive. Whether you’re an owner-occupant looking for a character-filled home with expansion potential, or an investor seeking an affordable rehab opportunity, 309 Kansas Ave is priced to allow scope for improvement while still maintaining conservative acquisition costs.
Call listing agent Myra Trujillo at 719-989-7813 to schedule a showing and get the seller disclosure package. Roof, systems, and finishes reflect the home’s age — a thorough inspection is recommended so you can scope improvements and budget accurately.
Home Highlights
Property Features
Interior Features
- Approximately 1,818 sqft of living space
- 3 bedrooms and 1.5 bathrooms
- Separate formal dining room
- Living room with fireplace and period millwork
- Original architectural details with potential to restore
Exterior & Lot
- Level 6,969 sqft lot (approx. 0.16 acres)
- Driveway and street parking
- Room for garden, outdoor entertaining, or accessory building
- Mature trees and yard space
Location & Neighborhood
- Central Walsenburg location — short drive to town services
- Quick access to I-25 for commutes to Pueblo / Trinidad
- Small-town atmosphere with a close-knit community
- Local shopping, basic services, and municipal facilities nearby
Walkability & Recreation
- Walkability Rating: 55/100
- Short drive to Lathrop State Park and Spanish Peaks trails
- Local parks and civic amenities within town
- Good access for outdoor weekend activities
Neighborhood & Location
Walsenburg is a small, historic town with a modest commercial core, civic amenities, and easy access to outdoor recreation. Streets near Kansas Ave are characterized by older single-family homes, community institutions, and a family-friendly, low-traffic setting. The town serves as a regional hub for nearby rural residents and visitors heading to the Spanish Peaks and surrounding public lands.
Market Insights
Walsenburg is a small, affordable Southern Colorado market where entry-level single-family homes command consistent interest from locals, retirees, and buyers seeking outdoor recreation access. Median sale prices are modest compared to Pueblo and Colorado Springs; the local market shows steady but slow appreciation (single-digit multi-year gains). Inventory tends to be thin at lower price points, so well-priced homes that need light-to-moderate rehab can receive good attention. At $130,000 this property sits squarely in the lower price band — attractive to first-time buyers and investors. Expect marketing times of 30–90 days depending on condition and pricing; clear inspection disclosures and a prioritized repair plan will maximize buyer confidence.
Nearby Schools
Walsenburg Elementary School
Elementary · 0.5 mi
Huerfano RE-1 Middle / Combined Grades (Huerfano School)
Middle · 1.0 mi
Huerfano County High School (or district high school)
High · 1.0 mi
Walkability & Recreation
Short drives put you at Lathrop State Park, fishing and hiking areas near the Spanish Peaks, and other outdoor amenities that draw buyers who prioritize nature and weekend recreation.
Investment Highlights
- Affordable list price at $130,000 for a 3 BR / 1,818 sqft historic home
- Large yard (6,969 sqft) offers expansion, landscaping, or accessory structure potential
- Short drive to I-25 provides decent regional connectivity to Pueblo and Trinidad
- Nearby outdoor recreation (Lathrop State Park, Spanish Peaks) increases lifestyle appeal
Key Findings
- Property built in 1897; historic fabric likely present but systems may be dated
- No enclosed garage listed — driveway / street parking only
- List price aligns with AVM ($127,816) and local price-per-sf norms (~$60–$90/sf)
- Large lot relative to immediate neighborhood offers upside for improvements
- Photos indicate livable condition but cosmetic and mechanical updates likely required
Things to Consider
- Age-related capital expenditures (roof, wiring, plumbing, insulation, HVAC)
- Limited local buyer pool in small rural market — liquidity slower than metro areas
- Unknown title/assessment/tax details — verify prior to offer
Opportunity Analysis
Buy-and-renovate: acquire an affordable historic home near highways and outdoor assets, complete targeted updates (kitchen, bathrooms, HVAC), and either occupy or list for sale at a modest premium or rent to local workforce.
Potential Use Scenarios
- Perform a full inspection and secure estimates for mechanical/system upgrades before final offer.
- Budget for cosmetic refresh and code upgrades; prioritize roof, electrical, and plumbing.
- Consider small additions or an accessory building to increase usable square footage and value.
- If investor: convert to rental with conservative rents; if owner-occupant: phased remodel to spread costs.
Risk Factors
- Unknown condition of major systems and potential for asbestos/lead in older homes
- Rural market liquidity and slower appreciation compared to metro Colorado
- Potential permitting constraints if altering historic elements
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$115K
Midpoint
$130K
High
$145K
$71.5/SF estimated price per square foot
Estimate anchored to the listed price ($130,000) and supported by historical price-per-square-foot ranges for small-town Southern Colorado (approx. $60–$90/sf). Adjustments reflect lot size, age (1897), condition unknown, and lack of garage.
As of 2026-03-13
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Market & Area Data
Market Trends
Demographics
Walsenburg is a small rural town with modest population growth. The area attracts buyers seeking affordability and outdoor access rather than rapid appreciation.
Nearby Points of Interest
- Interstate 25 (0.5–1 mile)
- Lathrop State Park (approx. 10–15 min drive)
Small-town services, a handful of local restaurants and shops, regional outdoor recreation within a short drive (state park, hiking, fishing). Pueblo and Trinidad accessible via I-25 commute.
School District
Market data is based on aggregated public records and may not reflect real-time conditions.
Property Details
Building Details
Lot & Site
Utilities
Zoning & Land Use
Allowed Uses
Tax & Sale History
Tax Assessment
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