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Morgan 80701
15951 Echo Rd
$75,000
● Land - Off Market

15951 Echo Rd

Fort Morgan, CO 80701
bedrooms
Studio
bathrooms
0 Bath
$86,165
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Here is your chance to grab over a quarter acre lot with a well and septic in the County! If you have ever wanted to live in the country but couldn't find a spot this could be it. There is a 3 bedroom, 1 and 3/4 bathroom manufactured home on the property, which sustained fire damage on the porch addition when the detached garage caught on fire. Buyer to verify intended use with the County.
Unit Size
-
Days on Market
-
Land Size
0.28 acres
Price per sqft
-
Property Type
Land
Property Taxes
$11
HOA Dues
-
Year Built
1970

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (REcolorado MLS #2138646)

Price History

Date / Event Date Event Price
Oct 6, 2023 Sold
Premium
Sold
Jun 29, 2023 Listed $359,000
Listed
May 5, 2022 Sold
Premium
Sold
Apr 15, 2022 Listed $85,000
Listed
Nov 12, 2020 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1977
  • Building Count: 2
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,356
  • Gross Building Area: 1,356
  • Building Area: 1,356
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 1,356
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BIJOU ACRES
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • Legal Description 1: SUBD BIJOU ACRES FM (34-4-58) LOT 07 W70FT LT 7 S 34 T 4 R 58 E12NE14

Neighborhood

  • School District Name: Fort Morgan School District RE-3
  • Census Tract: 000300

Geography

  • Parcel: R010128
  • Lot: 7
  • Meridian: SEC 34 TWN 04 RNG 58
  • Municipality: CD FP MFD QW SP
  • Latitude: 40.2726
  • Longitude: -103.849

    Address

  • Full Address: 15951 Echo Rd
  • Address - House Number: 15951
  • Address - Street Name: Echo
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Fort Morgan
  • Carrier Code: R002
  • 4-Digit Zip Code: 8800
  • Zip Code: 80701

Valuation

    Tax

  • Total Area: 1,356
  • Tax Year: 2023
  • Tax Amount: $13,800
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 048

    Appraisal Valuation

  • Standard Deviation: 0.1879
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 187,170
  • High Value: 222,347
  • Low Value: 151,993

    Market Valuation

  • Market Total Value: $24,490
  • Market Land Value: $6,300
  • Market Improvement Value: $18,190

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,700
  • Assessed Land Value: $440
  • Assessed Improvements Value: $1,260

    Sales

  • Current Sale Contract Date: Oct 06, 2023
  • Current Sale Recording Date: Oct 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 948394
  • Previous Sale Recording Date: May 05, 2022
  • Previous Sale Contract Date: Apr 29, 2022
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Morgan

Stats & Trends

Median Asking:

$339,000

Sale Price/ft²

$200

Below Asking

0.03%

Average Days on Market

62

Average Home Size

2139 ft²

Average Home Age

51.3 years

Currently For Sale

261 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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REcolorado

Listed by: Kenneth Walter,
Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 2138646
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 15951 Echo Road built and last sold?
The property at 15951 Echo Road was built in 1970 and last sold on Oct 6, 2023 for $365,000.
How much is this home worth?
The estimated value of the home located at 15951 Echo Road is $0.
What are some comparable homes to 15951 Echo Road?
There are currently no comparable homes to 15951 Echo Road.
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