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Perfect small farm set on wide-open Central Oregon acreage. This well-equipped property is ready to work, featuring horse stalls, a tack room, and a three-bay general-purpose building. A spacious shop and hobby area provide protected storage for equipment, tools, and toys.
The land is mostly fenced and cross-fenced, with high-value crops and pasture in place. About 49 acres are irrigated using wheel lines and main line, with gravity-fed water--no pumping costs.
The main home includes a full basement and ample living space. A second manufactured two-bedroom home is also included.
This is a rare opportunity to own a productive, well-laid-out farm ideal for livestock, hay, or a hobby operation with income potential.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $520,000 · $130,000 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 $649,990 with 20% down, this property runs $2,310 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 eXp Realty, LLC, agent Heather Randall, 888-814-9613
Data last updated August 1, 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.
Aug 2024 to Jul 2026 (24 months) · regional MLS via the market stats cache. Completed months only.
This home is listed at $650,000 — 62.5% above the Madras median. See full Madras market →