See other homes in:
Primary listing photo

1968 Colorado Ave, San Angelo, TX, 76901

--beds
0baths
840sqft
$578,770
$689price/sqft
$4,824/moest. monthly cost
$192,960/yrincome needed

About This Home

Investment Opportunity | San Angelo, Texas Rental Portfolio Introducing a cash-flowing residential investment portfolio in San Angelo, Texas, featuring five income-producing single-family homes with established rental history and strong occupancy demand. This package offers investors the opportunity to acquire stabilized assets with immediate income, while benefiting from long-term appreciation in one of West Texas's most resilient rental markets.

Getting Around

83
WalkingVery Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

9/10
5/10
Lee Middle SchoolGrades 6-80.6 mi
4/10
Central High SchoolGrades 8-121.0 mi

Construction

Condition

  • Year built: 1959

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Heating & Cooling

  • Heating features: Other
  • Cooling features: Other

Interior Area

  • Total structure area: 840
  • Total interior livable area: 840 sqft

Property

Details

  • Parcel number: 1934600000301500
  • Zoning description: Residential Lot

Lot

  • Lot size: 5,662 sqft

Parking

  • Parking features: Other

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

  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hail
Lightning
Winter Weather
Cold Wave
Heat Wave
Tornado

FEMA Declared Disasters Across Texas Counties

Flood
Severe Storm
Straight Line Winds

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 $2,926$35,112
Home Insurance *$543$6,516
Property Taxes $1,117$13,404
Electricity $238$2,859
Total$4,824$57,888
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$165,394/yr
40% on housing$144,720/yr
45% on housing$128,640/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

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: 6.8%
6.8%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
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

$689This listing

vs Other Active Listings

Avg $/sqft

ZIP 76901$124
Tom Green County$146

vs Homes Sold Last Month

Median $/sqft

ZIP 76901$158
Tom Green County$160

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)

No zestimate history available

Price History

DateEventPrice
2026-05-22Listed for sale$578,770
2020-01-18Listing removed$795
2020-01-14Listed for rent$795
2016-04-21Sold--

For Sale by Agent

AgentJeff Hameister
BrokerageERA Newlin & Company

Similar Homes