Listing courtesy of Stellar Realty Northwest, agent Michelle Baker
Data last updated June 15, 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.
***Limited-Time $10,000 Buyer Incentive! *** Why rent when you can own? Affordable new townhomes in Madras, OR.- Your monthly payment could be less than rent. Start building your future today! Discover affordable living in the desirable Willow Heights community, where thoughtfully designed townhomes offer exceptional value without compromising on scenery or style. Enjoy stunning western-facing views overlooking the valley and the Cascade Mountain range, creating the perfect backdrop for everyday living. These homes provide a low-maintenance lifestyle with modern finishes, functional layouts, and easy access to nearby amenities. Whether you're a first-time buyer, investor, or looking to simplify, Willow Heights offers an incredible opportunity to own in a beautiful, growing community. Photos of similar property. Location & exterior color can vary.
This home is listed at $298,000 · 25.3% below the Madras median list. See full Madras market →
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $238,000 · $60,000 down · 30 year term
See the 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 $1,602 ($1,450–$1,850) · HUD Fair Market Rent (FY2025), Jefferson County, 3BR. Edit to your own number.
At $297,900 with 25% down, this property runs $491 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.
MlsStatus: Active → Cancelled
Private Remarks2: Taxes are on bare land. Use address 705 SE Grizzly as Google has not yet updated the community in maps. Please call the listing agents for additional information regarding CC&Rs and the preferred lender. Seller prefers OREF forms. Michelle Baker and Julia Gehring are to be on all offers. Taxes and lot size is approximated. $10k buyer incentive with an accepted offer, to be used towards buyer's closing costs, pre-paids, or rate-buy down. For a limited time. Offer expires June 12, 2026 → *Taxes are on bare land. Use t
Public Remarks2: Limited-Time $10,000 Buyer Incentive! *** Discover affordable living in the desirable Willow Heights community, where thoughtfully designed townhomes offer exceptional value without compromising on scenery or style. Enjoy stunning western-facing views overlooking the valley and the Cascade Mountain range, creating the perfect backdrop for everyday living. These homes provide a low-maintenance lifestyle with modern finishes, functional layouts, and easy access to nearby amenities. Whether you're a first-time buyer, investor, or looking to simplify, Willow Heights offers an incredible opportunity to own in a beautiful, growing community. Photos of similar property. Location & exterior color can vary. → ***Limited-Time $10,000 Buyer
Private Remarks2: Taxes are on bare land. Use address 705 SE Grizzly as Google has not yet updated the community in maps. Please call the listing agents for additional information regarding CC&Rs and the preferred lender. Seller prefers OREF forms. Michelle Baker and Julia Gehring are to be on all offers. Taxes and lot size is approximated. → ot size is approximated. $1
Public Remarks2: Discover affordable living in the desirable Willow Heights community, where thoughtfully designed townhomes offer exceptional value without compromising on scenery or style. Enjoy stunning western-facing views overlooking the valley and the Cascade Mountain range, creating the perfect backdrop for everyday living. These homes provide a low-maintenance lifestyle with modern finishes, functional layouts, and easy access to nearby amenities. Whether you're a first-time buyer, investor, or looking to simplify, Willow Heights offers an incredible opportunity to own in a beautiful, growing community. Photos of similar property. Location & exterior color can vary. → Limited-Time $10,000 Buyer Inc
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.
Get the rental projectionBrowse current listings with a full video tour. See the flow, the light, and the lot before you book a showing.