727 E Rio Grande Street
Colorado Springs, CO, 80903 $ 299,900
Bedrooms3 Baths1.0 Sq 895 Monthly Estimate*
$ 2,071
Listed by eXp Realty, LLC
for $299,900 with 3 bedrooms and 1 full bath. This 895 square foot home was built in 1954 on a lot size of 0.22.
Welcome to this beautifully updated ranch-style home in central Colorado Springs, offering single-level living, mountain views, and easy access to downtown, Memorial Park, shopping, dining, and major commuter routes. Situated on a spacious 9,500-square-foot lot, this move-in ready property combines comfort, convenience, and value. Inside, you'll find 895 square feet of thoughtfully designed living space featuring an open layout, abundant natural light, updated flooring, and a functional kitchen with stone countertops and included appliances. The spacious primary bedroom offers a walk-in closet, while two additional bedrooms provide flexibility for guests, a home office, or hobbies. Step outside to enjoy the private backyard with a concrete patio, mature trees, and a storage shed—perfect for outdoor entertaining, gardening, or simply relaxing while taking in views of Pikes Peak and the Front Range. An added bonus is that the property extends beyond the existing rear fence all the way to the alley, creating exceptional flexibility and future potential. This additional space provides room for RV parking, boat or trailer storage, extra off-street parking, a carport, detached garage, workshop, garden area, or other outdoor improvements. Located in the established Cheyenne Addition neighborhood, this home offers quick access to I-25, Memorial Park, UCHealth Memorial Hospital, and everything Colorado Springs has to offer. Don't miss this opportunity to own an affordable, move-in ready home with mountain views, a generously sized lot, and room to grow in the heart of Colorado Springs.
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FeaturesGeneralLiving Area 895
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling None
Utilities Cable Available Electricity Connected Natural Gas Connected
Roof Composition
Appliances Dishwasher Disposal Dryer Microwave Oven Range Washer
Zoning R-5
Garage Spaces 0
Patio/Porch Features Patio
Construction Materials Frame Stucco
Year Built 1954
View Mountain(s)
Levels One
Property Subtype Single Family Residence
Parcel Number 64202-05-008
County El Paso
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Cheyenne Add Colorado Spgs
Full Baths 1
High School Palmer
City Colorado Springs
Senior Community Y/N N
High School District Colorado Springs 11
Lot Size Units Square Feet
Lot Size Square Feet 9500
Carport Spaces 0
Elementary School Hunt
Property Attached Y/N N
Tax Annual Amount 1010
Middle/Junior High School North
Virtual Tour https://www.zillow.com/view-imx/8c8f23bf-5213-4935-9836-bba7770f4976?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Standard Status Active
Middle/Junior School District Colorado Springs 11
Elementary School District Colorado Springs 11
Freehold IDX
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InteriorInterior Amenities High Speed Internet
Basement Crawl Space
Flooring Carpet
Window Features Double Pane Windows
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 3
Total Baths 1
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ExteriorExterior Amenities Private Yard
Lot Features Landscaped Near Public Transit Sprinklers In Front Sprinklers In Rear
Water Source Public
Lot Size Area 9500
Foundation Details Slab
Lot Size Acres 0.22
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $2,071
- Monthly Property Taxes
- $84
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Colorado Springs, CO
Average List Price $663,467
Percent of Sale Price 121%
About Colorado Springs, CO 461,521 Population
27% Since 2002
$ 57,575 Median Income
36.95 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
4142434 Elementary School
1034667 Middle School
Palmer High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/1/2026 | $299,900 | -5.99% | Price Down |
| 8/20/2026 | $319,000 | -5.48% | Price Down |
| 7/10/2026 | $337,500 | -3.57% | Price Down |
| 6/19/2026 | $350,000 | | Listed Price |