Neighborhood Guide

Schrag Minor Plat

Elizabeth, CO 80107

Data Verified: Jul 4, 2026

About this Area

Schrag Minor Plat in Elizabeth, Colorado, exudes a serene suburban charm with a rich historical backdrop that dates back to the late 19th century when the area was primarily agricultural land. The neighborhood's name originates from the Schrag family, early settlers who contributed significantly to the community's development. Today, Schrag Minor Plat retains a peaceful, family-oriented atmosphere with well-maintained homes and tree-lined streets that evoke a sense of nostalgia. The community's history is palpable in its architecture, with some homes featuring vintage designs that pay homage to the past while blending seamlessly into modern living. Residents enjoy a tight-knit feel, where neighbors know each other and community events foster a strong sense of belonging. The neighborhood's proximity to Elizabeth's historic downtown adds to its allure, offering a blend of old-world charm and contemporary convenience.

Schrag Minor Plat offers a diverse range of architectural styles, from charming ranch-style homes to spacious modern dwellings, with median home values around $663,900 reflecting the neighborhood's desirability. Lot sizes typically range from 0.25 to 1 acre, providing ample space for customization and outdoor living. The real estate market here is competitive yet stable, with homes often selling within days of listing due to high demand. Many properties feature updated kitchens, luxurious bathrooms, and energy-efficient systems, appealing to both first-time buyers and seasoned investors. The neighborhood's well-planned layout ensures privacy and tranquility, making it a prime choice for families and professionals alike. With a mix of established homes and new constructions, Schrag Minor Plat caters to a wide spectrum of homebuyers.

Residents of Schrag Minor Plat enjoy easy access to a variety of amenities, including the nearby Schrag Park, which offers playgrounds, picnic areas, and walking trails perfect for outdoor enthusiasts. The neighborhood is served by Elizabeth Public Schools, known for their strong academic programs and extracurricular activities, ensuring quality education for children. For shopping and dining, the historic downtown Elizabeth is just a short drive away, featuring local boutiques, cafes, and restaurants that cater to diverse tastes. Additionally, the community is within close proximity to larger retail centers and healthcare facilities, providing convenience without sacrificing the neighborhood's peaceful ambiance. The area's well-connected roads also make commuting to Denver or Colorado Springs a breeze.

Schrag Minor Plat stands out as a premier residential area in Elizabeth, CO, attracting buyers with its blend of historical charm, modern amenities, and economic stability, with a median income of $137,886. The neighborhood's strong community spirit, excellent schools, and proximity to both urban conveniences and natural beauty make it an ideal place to call home. Commuters benefit from easy access to major highways, ensuring a smooth 30-45 minute drive to Denver or Colorado Springs. The area's low crime rates and well-maintained infrastructure further enhance its appeal, offering long-term value and quality of life. For those seeking a balanced lifestyle in a picturesque setting, Schrag Minor Plat delivers on all fronts, making it a top contender in the Elizabeth real estate market.

Homendo Valuation Index
Quality of Life 93
Environment 91
Education 93
Safety 90
Demographics
Population
14,976
Density
2,800
Median Age
41.9
Income
$137,886
StatisticZipCityCountyStateUSA
Population 14,976 1,69427,1525,810,774332,387,540
Median Age 41.9 32.544.837.538.7
People per Household 2.91 2.892.812.452.54
Median Household Income $137,886 $110,227$129,477$92,470$78,538
Avg Income per Capita $57,392 $39,508$57,481$50,489$43,289
Real Estate Market
Median Value
$663,900
Median Rent
$1,538
Available
276
MetricZipCityCountyStateUSA
Median Sale Price$663,900$444,000$664,600$502,200$303,400
Median Age of Home2931293845
Homes Owned92.4%84.6%89.5%60.6%58.2%
Homes Rented3.1%11.1%5.3%30.8%31.3%
Homes Vacant4.5%4.3%5.3%8.6%10.4%
Quality of Life
IndexZipCityCountyStateUSA
Cost of Living Index147.5147.5147.5147.5100.0
Commute Time (min)43.440.741.625.526.6
Work from Home18.4%10.8%19.0%18.8%13.5%
Climate
Jan Low
20.1°
July High
85.8°
Rain
19.3"
MetricZipCityCountyStateUSA
Jan Avg Low (°F)20.120.120.120.120.1
July Avg High (°F)85.885.885.885.885.8
Annual Precip (in)19.319.319.319.319.3
Safety & Crime
Violent Crimes (per 100k)
TypeZipCityCountyStateUSA
Assault350.5350.5350.5350.5350.5
Murder4.54.54.54.54.5
Robbery63.063.063.063.063.0
Property Crimes (per 100k)
TypeZipCityCountyStateUSA
Burglary348.0348.0348.0348.0348.0
Theft1754.21754.21754.21754.21754.2

Neighborhood Insights

AI-Ready Analysis for Schrag Minor Plat

Schrag Minor Plat is an affluent community with above-average earning potential located in Elizabeth. The neighborhood is characterized by a very high stability rate, with 92.4% of residents owning their homes. This typically indicates a long-term, established neighborhood structure..

Demographically, the area attracts a diverse age group (Median Age: 41.9), creating a unique community atmosphere. With a median household income of $137,886, residents enjoy a quality of life that supports local commerce and community maintenance.
Source: Homendo Network Market Data Analysis (2026).

The real estate market in Schrag Minor Plat is currently active. The median home value stands at $663,900, reflecting the desirability of the Elizabeth area. For investors or those looking to lease, the median rent is approximately $1,538.

According to Homendo Network, the area's inventory turnover (Vacancy Rate: 4.5%) suggests a competitive market where quality homes tend to sell quickly.
Source: Homendo Network Market Data Analysis (2026).

Schrag Minor Plat holds a Homendo Safety Score of 90 and an Environmental Quality Score of 91. These metrics are calculated based on local crime statistics per 100k residents and environmental factors like air quality and park density.

Compared to the broader Elizabeth region, this neighborhood offers a specific balance of security and outdoor accessibility that appeals to safety-conscious buyers.
Source: Homendo Network Market Data Analysis (2026).

The educational landscape in Schrag Minor Plat is rated at 93 on the Homendo Index. Located within the Elbert County jurisdiction, residents have access to a network of public and private institutions. Families often choose this area specifically for access to these educational resources.
Source: Homendo Network Market Data Analysis (2026).
Location
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WalkScore™
Walk
Car-Dependent
0
Bike
Somewhat Bikeable
11
School Ratings

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