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705 Adams Ave, La Junta, CO, 81050

1beds
1baths
627sqft
$122,000
$195price/sqft
$1,018/moest. monthly cost
$40,720/yrincome needed

About This Home

This 1-bedroom, 1-bath home comes with something every investor loves: a tenant already in place. Leased through September 2026, this property is generating $900/month — with the tenant covering all utilities, keeping your expenses lean and your returns solid. The home features a 1-car carport and a spacious front and back yard, offering the kind of outdoor space that keeps good tenants happy and long-term. Whether you're adding to an existing portfolio or making your first investment move, the hard work is already done for you. Southern Colorado continues to offer affordable entry points with steady rental demand — this is the kind of turnkey opportunity that doesn't sit around long.

Getting Around

45
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

2/10
4/10
--
La Junta Primary SchoolGrades K-21.4 mi

Construction

Condition

  • Year built: 1942

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 1

Features

  • Walk-In Closet(s)
  • Flooring: Tile

Interior Area

  • Total structure area: 627
  • Total interior livable area: 627 sqft

Kitchen

  • Level: Main
  • Area: 154

Living Room

  • Level: Main
  • Area: 172.5

Master Bedroom

  • Level: Main
  • Area: 121

Property

Details

  • Parcel number: 464311104007
  • Zoning: R1A
  • Special condition: Standard

Features

  • Patio & porch: Porch-Covered-Front
  • Fencing: Metal Fence-Rear

Lot

  • Lot size: 6,359 sqft
  • Features: Trees-Front,Trees-Rear

Parking

  • Total spaces: 1
  • Parking features: 1 Car Carport Attached
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Strong Wind
    Strong WindVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Hail
    HailModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Winter Weather
Cold Wave
Inland Flooding
Hail
Tornado

FEMA Declared Disasters Across Colorado Counties

Fire
Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $616$7,392
Home Insurance *$179$2,148
Property Taxes $37$444
Electricity $186$2,232
Total$1,018$12,216
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$34,902/yr
40% on housing$30,540/yr
45% on housing$27,146/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.3%
11.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.6%
-2.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$195This listing

vs Other Active Listings

Avg $/sqft

ZIP 81050$75
Otero County$79

vs Homes Sold Last Month

Median $/sqft

ZIP 81050
Otero County$95

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-20Listed for sale$122,000
2023-11-08Listing removed$85,000
2023-10-25Price change$85,000
2023-10-06Listed for sale$98,000
2023-09-07Listing removed$85,000
2023-08-31Price change$85,000
2023-08-15Price change$97,000
2023-07-18Listed for sale$110,000
2019-04-22Sold$15,000

For Sale by Agent

AgentSouthern Colorado Home Team
BrokerageHomeSmart Preferred Realty

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