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Brand-new and beautifully finished, this 3-bedroom, 2-bath home offers 1,496 sq ft of bright, thoughtfully designed living space. The open layout features 9-ft ceilings, architectural archways, skylights with solar shades, and luxury vinyl plank flooring for a light, welcoming feel. The kitchen combines style and function with quartz countertops, floor-to-ceiling cabinetry, soft-close drawers, and a large island for meals and gatherings. The primary suite and main living area offer direct access to the expansive covered back patio, creating an easy extension of the living space. A dedicated laundry room with upper cabinetry and a utility sink adds convenience, while central A/C, forced-air heat, alley access, and an oversized garage with an 8-ft door round out the home. From the finishes to the layout, every detail was thoughtfully considered to make this new home comfortable, functional, and easy to enjoy.
A rough estimate, not a quote. Loan amount $319,200 · $79,800 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, 26 pending, 18 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 |
|---|---|---|
| Sep 2, 2026 | Pending | $399,000 |
| Aug 27, 2026 | Listed | $399,000 |
$267 per sq ft
5 days on market. Madras median to pending is 53 days.
Tax $255 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 $399,000 with 20% down, this property runs $1,028 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 Scout Realty LLC, agent Mackenzie Licea, 541-279-2501
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 $399,000, 12.3% below the Madras median list price. See full Madras market →