See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

324 Lewis Ave, La Junta, CO, 81050

3beds
2baths
1,056sqft
$124,000
$117price/sqft
$1,033/moest. monthly cost
$41,320/yrincome needed

About This Home

Looking for a rental that's already doing the work? This charming two-story corner-lot home in La Junta comes with a tenant in place through May 2027, bringing in $1,200/month — and they cover all the utilities, keeping your net returns clean and predictable. The layout works well for renters: two bedrooms and a half-bath upstairs, a welcoming living room and functional kitchen on the main level, plus a versatile bonus room that could serve as a third bedroom, home office, or flex space depending on your tenant's needs. Main-level laundry adds everyday convenience that tenants appreciate — and that tends to keep them around longer. La Junta offers an affordable cost basis with a consistent rental demand, making it a smart entry point for investors looking to build or expand a Southern Colorado portfolio without the price tag of larger markets. With a lease locked in and utilities off your plate, this one is about as low-maintenance as investment properties come.

Getting Around

58
WalkingSomewhat Walkable
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

2/10
4/10
--
La Junta Primary SchoolGrades K-21.2 mi

Construction

Condition

  • Year built: 1900

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: Crawl Space

Bedroom2

  • Level: Upper
  • Area: 169.92000000000002

Bedroom3

  • Level: Main
  • Area: 111.36

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bedrooms: 1

Features

  • Ceiling Fan(s)

Interior Area

  • Total structure area: 1,056
  • Total interior livable area: 1,056 sqft

Kitchen

  • Level: Main
  • Area: 195.84000000000003

Living Room

  • Level: Main
  • Area: 180

Master Bedroom

  • Level: Upper
  • Area: 115.57

Property

Details

  • Parcel number: 464302423006
  • Zoning: R
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: None
  • Fencing: Wood Fence-Rear

Lot

  • Lot size: 4,181 sqft
  • Features: Corner Lot,Trees-Front
  • Lot size dimensions: 35 x 120

Parking

  • Parking features: No Garage

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 $627$7,524
Home Insurance *$182$2,184
Property Taxes $38$456
Electricity $186$2,232
Total$1,033$12,396
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$35,417/yr
40% on housing$30,990/yr
45% on housing$27,546/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

$117This 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
2026-06-19Listed for sale$124,000
2026-04-23Listing removed$124,000
2026-04-02Listed for sale$124,000
2026-03-25Listing removed$124,000
2026-03-03Price change$124,000
2025-12-20Listed for sale$129,000
2025-12-12Listing removed$135,000
2025-10-19Listed for sale$135,000
2025-10-08Listing removed$135,000
2025-06-12Listed for sale$135,000
2025-05-28Listing removed$145,000
2025-05-20Listed for sale$145,000
2025-05-13Contingent$145,000
2025-05-07Listed for sale$145,000
2025-02-19Sold$52,000
2024-11-07Listed for sale$79,000
2024-11-06Contingent$79,000
2024-10-09Price change$79,000
2024-08-09Listed for sale$87,000

For Sale by Agent

AgentSouthern Colorado Home Team
BrokerageHomeSmart Preferred Realty

Similar Homes