$349,000
537 Ponderosa
Madras, OR 97741 · The Pines at Madras
Down $15,000 from original list price $364,000.
Pending123 days on market$182/sqft
Facts
Property details
Overview
Listing courtesy of Central Oregon Real Estate Pro, agent Brenda Wicks
Data last updated June 19, 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.
PRICED TO SELL!!! Spacious, fully remodeled home in Madras, Oregon. This large residence has been completely updated throughout the interior, offering modern finishes, refreshed living spaces, and a truly move-in ready home. NEW ROOF(summer of 2025), NEW PAINT interior and exterior, NEW FLOORING, NEW APPLIANCES, ALL NEW COUNTERTOPS, NEW SINKS...this home is a MUST SEE. Open floor plan making this home perfect for entertaining and offering an abundance of natural light.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $279,000 · $70,000 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 $1,798 ($1,625–$2,075) · HUD Fair Market Rent (FY2025), Jefferson County, 4BR. Edit to your own number.
At $348,500 with 25% down, this property runs $769 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.
Get the climate reportWe compute vacation rental projections from comparable short-term rentals in the same community, weighted by bed count, view, and amenities. A custom projection for this property is on request.
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