▶ Tour
Giddy up before its gone!!! This is a great Cascade Mountain view property with 3.6 acres and it has 3 acres of irrigation rights. This 2 bedroom 2 bath home has an open floor plan, breakfast bar, and the primary bedroom has a bathroom and large closet. The home has new tasteful flooring throughout with windows that face the mountains, vinyl windows and a metal roof. There is a corral with an animal shelter and pasture so you can bring your critters. The house sits back from the road and is in a quiet area close to Madras. The property has a workshop RV hook up and sheds for storage too. The septic tank was replaced in 2006. Priced to sell!
A rough estimate, not a quote. Loan amount $239,920 · $59,980 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
111 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.
Education
| Date | Event | Price |
|---|---|---|
| Aug 21, 2026 | Price dropMlsStatus: Pending → Closed | $245,000$55K down |
| Aug 21, 2026 | Sold | $300,000 |
| Aug 3, 2026 | Pending | $300,000 |
| Jun 11, 2026 | Price change | $300,000$30K down |
| May 6, 2026 | Listed | $330,000 |
$284 per sq ft
105 days on market. Madras median to pending is 53 days.
Tax $1,770 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 $1,143 ($1,025–$1,325) · HUD Fair Market Rent (FY2025), Jefferson County, 2BR. Edit to your own number.
At $299,900 with 20% down, this property runs $980 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 Century 21 North Homes Realty, agent Heather Hockett, 541-548-2131
Data last updated September 3, 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 $300,000, 34.1% below the Madras median list price. See full Madras market →