Searching for big lots in Bend under $500K? You found it! This single-level 3 bedroom, 2 bathroom ranch sits on a generous .28-acre lot with room to garden, entertain, play, and store all of your Central Oregon toys. Inside, you'll find 1,134 sq ft of comfortable living with updated flooring throughout the main living areas and a cozy wood-burning fireplace. The primary bedroom offers direct backyard access to a fully fenced yard with mature trees, storage shed, and plenty of potential to create your own outdoor oasis. An attached 2-car garage adds even more storage and flexibility. Roof replaced in 2018 and exterior painted in 2019. Conveniently located minutes from Costco, Home Depot, Trader Joe's, parks, and easy access to everything in Central Oregon. Whether you're a first-time buyer or investor this is an incredible value ready for a new owner to bring their vision to life!
A rough estimate, not a quote. Loan amount $372,000 · $93,000 down · 30 year term.
Insurance starts at 0.35% of price each year. Type your quote to replace it.
68 listings of every type for sale.
sold in the last 90 days
0.28 acres on the county assessor's map, tax lot 171209DC06200 · County record. Deschutes County Assessor's Office.
Lot lines come from the county assessor’s tax maps. They show the recorded shape of a parcel, not a survey, and they are not a legal boundary. Order a survey before you rely on a line.
In Bend, the largest city in Central Oregon, between the high desert and the Cascades.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Boyd Acres. The wash is sales density of closes in the last 90 days; homes for sale and pending stay as marks. Pulses and the sold count are the closes of the last 30 days. Counts and medians cover every listing read for this map. Roads, rivers and lakes: US Census TIGER/Line 2024, drawn in this map's own projection.
Bend
Source: leftover membership, active single-family houses in Bend. This price is the published list price. Months of supply = active listings divided by average monthly closings over the last 6 months (homes closed in the last 6 months divided by 6). 4 months of supply or less is a seller's market, above 4 and under 6 is balanced, 6 or more is a buyer's market. · updated Sep 6, 2026
405 of 2143 Bend sales closed in $500–600K
| Date | Event | Price |
|---|---|---|
| Jul 31, 2026 | Price change | $465,000$10K down |
| Jun 29, 2026 | Price change | $475,000$10K down |
| May 7, 2026 | Listed | $485,000 |
This home sits in Hunters Circle. 1 recorded document govern it.
Documents marked with a book, page or instrument number are copies of instruments recorded in Deschutes County, Oregon. Nothing in those records marks a declaration as current or superseded. Later amendments may exist that are not shown here. Confirm the governing chain through title before relying on it. See Hunters Circle.
Monthly cash flow, cap rate, and cash-on-cash return at this price. Adjust the numbers to your own financing and rent.
Estimate $2,336 ($2,100 to $2,675) · HUD Fair Market Rent (FY2025), Deschutes County, 3BR. Edit to your own number.
Cash flow
-$1,003/mo
Cap rate
3.8%
Cash on cash
-12.9%
Cash needed
$93,000
At $465,000 with 20% down, this property runs $1,003 per month negative. Adjust the price, down payment, or rent to find what works.
Monthly cash flow
| Year | Value | Equity | Cash flow |
|---|---|---|---|
| 1 | $478,950 | $110,729 | -$12,030 |
| 2 | $493,319 | $129,149 | -$11,677 |
| 3 | $508,118 | $148,294 | -$11,317 |
| 5 | $539,062 | $188,893 | -$10,574 |
| 10 | $624,921 | $305,699 | -$8,583 |
| 20 | $839,842 | $626,685 | -$3,959 |
| 30 | $1,128,677 | $1,128,677 | $1,678 |
Estimates only, not investment advice or a guarantee of rent, value, or return. Figures depend on the numbers you enter and current market conditions. Verify with your lender, tax advisor, and a Ryan Realty broker before you rely on them.
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Listing courtesy of RE/MAX Key Properties, agent Erin Shinn, 541-728-0033
Data last updated September 6, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
