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Here's your chance to own your dream home on an acre!
Beautiful home with country charm! 3 bed, 2 bath home in an excellent location with professional landscaping in front and back with a stunning water feature, automated irrigation system, xeriscaping, rock outcroppings, and rainwater swales. The backyard has a covered back deck overlooking a serene desertscape, with benches and a propane firepit. Perfect for your summer evening barbeques! Recent home updates include: both bathrooms remodeled, kitchen, pantry, newer roof, hot water heater and heat pump. Interior paint in 2023 and exterior paint in 2017. There is plenty of parking with room to spare. Property has an asphalted driveway with access that wraps around the home. There is extra space for RV, trailer, and other toy storage. RV parking with electrical hookups! Chicken coop, dog kennel, firepit, multiple storage areas, hot tub, and all appliances included!
A rough estimate, not a quote. Loan amount $367,200 · $91,800 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
110 listings of every type for sale, 25 pending, 19 sold in the last 30 days. Point at a mark to read it, or slide the price.
In Madras, near Lake Billy Chinook.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Madras, plus 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.
| Date | Event | Price |
|---|---|---|
| Oct 3, 2025 | Price increase | $452,000$2K up |
| Jun 5, 2025 | Listed | $450,000 |
$283 per sq ft
119 days on market. Madras median to pending is 53 days.
Tax $1,922 per year.
The full analysis names every comparable sale and shows the adjustment we made for each one.
Listing fields from Spark. Place median from the live pulse. This is an estimate, not an appraisal. It is not a guarantee of price. See our terms.
New listings
Monthly cash flow, cap rate, and cash-on-cash return at this price. Adjust the numbers to your own financing and rent.
Estimate $1,602 ($1,450–$1,850) · HUD Fair Market Rent (FY2025), Jefferson County, 3BR. Edit to your own number.
At $459,000 with 20% down, this property runs $1,486 per month negative. Adjust the price, down payment, or rent to find what works.
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.
Listing courtesy of Keller Williams Realty Central Oregon, agent Jason Luecker, 541-585-3760
Data last updated September 2, 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.
Median close price $385,000 in Aug 2026, down 4.5% from Aug 2025.
Mar 2024 to Aug 2026 (24 months) · Market Truth leftover, Madras city, monthly median close. Completed months only.
This home is listed at $459,000, 0.9% above the Madras median list price. See full Madras market →