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!
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Listing courtesy of Century 21 North Homes Realty, agent Heather Hockett
Data last updated July 16, 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.
This home is listed at $300,000 — 25.0% below the Madras median. See full Madras market →
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $240,000 · $60,000 down · 30 year term
Monthly cash flow, cap rate, and cash-on-cash return at this price. Every number is an estimate you can adjust 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.
We pull climate risk data from FEMA flood maps, the Deschutes County wildland-urban interface map, and NOAA heat trends. Detailed scoring for this property is on request.
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