1015 Dancing Horse
VA Assumable
3.31% Rate
50 photos
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1015 Dancing Horse

Colorado Springs, CO 80919

3
Bedrooms
3
Bathrooms
1,576
Sq Ft

Payment Calculator

$2,297per month

In an assumption, your down payment covers the seller's equity. You'll need at least 5% of the purchase price in cash, and the rest can be covered with secondary financing.

How much can you bring down?$19,995
$19,995$210,913
Secondary Financing8.5% Rate
$190,918
Blended rate5.92% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,401/mo
Assumable @ 3.31% + gap
$2,297/mo
$105less per month
$105
per month
$1,255
per year
$37,636
over 30 years

🏦 Loan Details

List Price
$399,900
Assumable Rate
3.31%
Remaining Balance
$188,987
Loan Type
VA
Est. Equity Gap
$210,913
Annual Taxes
$1,623
HOA/mo
$130

About This Home

Rare investment opportunity in one of northern Colorado Springs’ most desirable locations, just minutes from the Air Force Academy and within Academy School District 20. This single-family home offers the location, flexibility, and long-term potential that investors look for, with strong appeal for tenants, owner-occupants, or future resale. Nestled in an established north-side neighborhood with convenient access to I-25, shopping, dining, parks, trails, medical services, and employment corridors, the property is well positioned for consistent demand. The home features a functional layout with comfortable living spaces, natural light, and the opportunity to add value through cosmetic updates, modernization, or strategic improvements. Whether you are looking to expand a rental portfolio, create a furnished rental near military and business destinations, or renovate for future equity growth, this property provides a solid foundation in a premium setting. The single-family configuration adds privacy, yard space, and broad marketability, while the surrounding area is known for mountain views, community amenities, and access to outdoor recreation. With the right vision, this home can be transformed into a standout rental, a resale project, or a long-term hold in one of Colorado Springs’ desirable northern neighborhoods. Opportunities like this are hard to find in such a high-demand area. Bring your ideas, your contractor, or your investment strategy, and take advantage of the chance to own a single-family home in a location that checks the boxes.

Data Source: Pikes Peak MLS (PPMLS)

Listing information is deemed reliable but not guaranteed. All data provided by the MLS and is subject to change. The Assumable Guy is not the listing agent for this property. Contact us to connect with the listing agent and explore assumable financing options.

This listing
$399,900
3.31% rateVASave $1,451/mo

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