3100 SE Klamath Rd · Prineville Lake Acres, OR 97754

$215,000

5 bd · 2.5 ba · 2,080 sqft · SingleFamily public records · 53 Days on market

Built 2006 1.78 ac lot $103/sqft · 60% below area $13/mo HOA · 1% of rent

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Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +26.4/30.0
• DSCR +9.0/10.0
• ARV discount +7.5/15.0
• 1% rule +6.4/10.0
• Rent growth +3.7/5.0
• Schools +3.3/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

''Fixer with acreage'' ''Priced below comps'' This 2006-built home sits on 1.78 acres and offers 5 bedrooms and 3.5 bathrooms across 2,080 sqft. An investor's special, the home needs remodeling and updates throughout, including updated kitchen cabinetry and fresh interior and exterior paint. The original roof needs to be replaced, and some flooring requires attention. The water source is a cistern that can be filled a few hundred feet away from the property. With an extremely low purchase price, this is a substantial discount for an investor looking to fix and flip. With an ARV of ~$450K based on nearby sales, this is a fantastic opportunity. Don't miss out on this potential! The seller has a comprehensive estimate from ManUp Construction to remodel the entire home for $94,500.

Key facts

• 1.78 acre lot
• 2 garage spots
• Built 2006

What this means for you Summary

Snapshot

• This is a 5-bed/2.5-bath single-family listed at $215k.

Deal economics

• At list price, monthly cash flow is $565 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $215k).
• Recommended offer: $209k (3.0% below list) — sets the bar for market timing.
• Cap rate 9.4% vs local median 2.8% in Prineville Lake Acres — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• Crook County SD (town): math 34% / reading 45% proficiency, ranked #19 of 58 in OR (top 33%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+4.7%/yr); 534 active listings in the ZIP; solid renter incomes; 142 units permitted in Crook County in 2024 (0 in 5+ unit buildings).
• This rent runs 38% of the median local income ($77k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Crook County population projected at +6% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 4.7% rent growth), your $60k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 53 days — a 3% lower offer ($209k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 14y ago; this cycle's ask has dropped $110k (34%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $80k; list at $215k implies a 169% gain — meaningful room to come down on a strong offer.

Recommended offer $208,550 (3.0% below list)

Questions for the listing agent

1. It's been on market 53 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.14% ✓
• Cap rate: 9.45%
• Cash-on-cash: 11.26%
• DSCR: 1.50
• GRM: 7.3

CMA / ARV

• ARV (median comp): $531,008
• List price: $215,000
• Delta: -59.51%
• Verdict: UNDERPRICED
• Comps: 2 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 4.67% rent growth · sell at horizon

5-year hold

• IRR: 2.2%
• Equity multiple: 1.09×
• Total profit: $5,270
• Equity at exit: $32,057

10-year hold

• IRR: 13.3%
• Equity multiple: 2.14×
• Total profit: $68,487
• Equity at exit: $18,589

Cash invested: $60,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 28 Tenant-Leaning
• State Oregon: 28 Tenant-Leaning · D+6
• County: — inherits STATE
• City: — inherits STATE

SB608 (2019): statewide rent cap (7% + CPI) and just-cause for tenancies > 1 yr. Portland has relocation assistance ordinance.

Methodology + full state rankings →

ZIP-level market 97754

• Home prices YoY: -1.8%
• Rents YoY: 4.7%
• Active inventory: 534
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $2,444 medium
• Mortgage (P&I): −$1,127
• Tax from tax record: −$136 /mo · $1,635/yr
• Insurance: −$90
• HOA: −$13
• Vacancy / Maint / Mgmt: −$513
• Net cashflow: $565

Break-even live

Break-even rent $1,730

Max offer price $215,000

Occupancy floor 72%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $53,750
• Closing costs: $6,450
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $13 · $156/yr
• Likely covers: water

Listing history 40 events

1. 2026-06-18
   days on market $215,000 Active 53 DOM
2. 2026-06-17
   days on market $215,000 Active 52 DOM
3. 2026-06-16
   days on market $215,000 Active 51 DOM
4. 2026-06-15
   days on market $215,000 Active 50 DOM
5. 2026-06-14
   days on market $215,000 Active 48 DOM
6. 2026-06-13
   pricedays on market $215,000 Active 47 DOM
7. 2026-06-10
   days on market $235,000 Active 45 DOM
8. 2026-06-09
   days on market $235,000 Active 44 DOM
9. 2026-06-08
   days on market $235,000 Active 43 DOM
10. 2026-06-07
    days on market $235,000 Active 42 DOM
11. 2026-06-05
    days on market $235,000 Active 39 DOM
12. 2026-06-02
    days on market $235,000 Active 37 DOM
13. 2026-06-01
    days on market $235,000 Active 36 DOM
14. 2026-05-31
    days on market $235,000 Active 35 DOM
15. 2026-05-30
    days on market $235,000 Active 34 DOM
16. 2026-05-02
    status Pending 788-char remark

    Show marketing remark (788 chars)

    ''Fixer with acreage'' ''Priced below comps'' This 2006-built home sits on 1.78 acres and offers 5 bedrooms and 3.5 bathrooms across 2,080 sqft. An investor's special, the home needs remodeling and updates throughout, including updated kitchen cabinetry and fresh interior and exterior paint. The original roof needs to be replaced, and some flooring requires attention. The water source is a cistern that can be filled a few hundred feet away from the property. With an extremely low purchase price, this is a substantial discount for an investor looking to fix and flip. With an ARV of ~$450K based on nearby sales, this is a fantastic opportunity. Don't miss out on this potential! The seller has a comprehensive estimate from ManUp Construction to remodel the entire home for $94,500.

17. 2026-04-28
    price $259,900 788-char remark

    Show marketing remark (788 chars)

    ''Fixer with acreage'' ''Priced below comps'' This 2006-built home sits on 1.78 acres and offers 5 bedrooms and 3.5 bathrooms across 2,080 sqft. An investor's special, the home needs remodeling and updates throughout, including updated kitchen cabinetry and fresh interior and exterior paint. The original roof needs to be replaced, and some flooring requires attention. The water source is a cistern that can be filled a few hundred feet away from the property. With an extremely low purchase price, this is a substantial discount for an investor looking to fix and flip. With an ARV of ~$450K based on nearby sales, this is a fantastic opportunity. Don't miss out on this potential! The seller has a comprehensive estimate from ManUp Construction to remodel the entire home for $94,500.

18. 2026-04-27
    price $286,000 788-char remark

    Show marketing remark (788 chars)

    ''Fixer with acreage'' ''Priced below comps'' This 2006-built home sits on 1.78 acres and offers 5 bedrooms and 3.5 bathrooms across 2,080 sqft. An investor's special, the home needs remodeling and updates throughout, including updated kitchen cabinetry and fresh interior and exterior paint. The original roof needs to be replaced, and some flooring requires attention. The water source is a cistern that can be filled a few hundred feet away from the property. With an extremely low purchase price, this is a substantial discount for an investor looking to fix and flip. With an ARV of ~$450K based on nearby sales, this is a fantastic opportunity. Don't miss out on this potential! The seller has a comprehensive estimate from ManUp Construction to remodel the entire home for $94,500.

19. 2026-04-24
    price $289,000 788-char remark

    Show marketing remark (788 chars)

    ''Fixer with acreage'' ''Priced below comps'' This 2006-built home sits on 1.78 acres and offers 5 bedrooms and 3.5 bathrooms across 2,080 sqft. An investor's special, the home needs remodeling and updates throughout, including updated kitchen cabinetry and fresh interior and exterior paint. The original roof needs to be replaced, and some flooring requires attention. The water source is a cistern that can be filled a few hundred feet away from the property. With an extremely low purchase price, this is a substantial discount for an investor looking to fix and flip. With an ARV of ~$450K based on nearby sales, this is a fantastic opportunity. Don't miss out on this potential! The seller has a comprehensive estimate from ManUp Construction to remodel the entire home for $94,500.

20. 2026-04-24
    price $289,900 788-char remark

    Show marketing remark (788 chars)

    ''Fixer with acreage'' ''Priced below comps'' This 2006-built home sits on 1.78 acres and offers 5 bedrooms and 3.5 bathrooms across 2,080 sqft. An investor's special, the home needs remodeling and updates throughout, including updated kitchen cabinetry and fresh interior and exterior paint. The original roof needs to be replaced, and some flooring requires attention. The water source is a cistern that can be filled a few hundred feet away from the property. With an extremely low purchase price, this is a substantial discount for an investor looking to fix and flip. With an ARV of ~$450K based on nearby sales, this is a fantastic opportunity. Don't miss out on this potential! The seller has a comprehensive estimate from ManUp Construction to remodel the entire home for $94,500.

21. 2026-04-22
    price $294,000 788-char remark

    Show marketing remark (788 chars)

    ''Fixer with acreage'' ''Priced below comps'' This 2006-built home sits on 1.78 acres and offers 5 bedrooms and 3.5 bathrooms across 2,080 sqft. An investor's special, the home needs remodeling and updates throughout, including updated kitchen cabinetry and fresh interior and exterior paint. The original roof needs to be replaced, and some flooring requires attention. The water source is a cistern that can be filled a few hundred feet away from the property. With an extremely low purchase price, this is a substantial discount for an investor looking to fix and flip. With an ARV of ~$450K based on nearby sales, this is a fantastic opportunity. Don't miss out on this potential! The seller has a comprehensive estimate from ManUp Construction to remodel the entire home for $94,500.

22. 2026-04-21
    price $295,000 788-char remark

    Show marketing remark (788 chars)

    ''Fixer with acreage'' ''Priced below comps'' This 2006-built home sits on 1.78 acres and offers 5 bedrooms and 3.5 bathrooms across 2,080 sqft. An investor's special, the home needs remodeling and updates throughout, including updated kitchen cabinetry and fresh interior and exterior paint. The original roof needs to be replaced, and some flooring requires attention. The water source is a cistern that can be filled a few hundred feet away from the property. With an extremely low purchase price, this is a substantial discount for an investor looking to fix and flip. With an ARV of ~$450K based on nearby sales, this is a fantastic opportunity. Don't miss out on this potential! The seller has a comprehensive estimate from ManUp Construction to remodel the entire home for $94,500.

23. 2026-04-21
    status Active 788-char remark

    Show marketing remark (788 chars)

    ''Fixer with acreage'' ''Priced below comps'' This 2006-built home sits on 1.78 acres and offers 5 bedrooms and 3.5 bathrooms across 2,080 sqft. An investor's special, the home needs remodeling and updates throughout, including updated kitchen cabinetry and fresh interior and exterior paint. The original roof needs to be replaced, and some flooring requires attention. The water source is a cistern that can be filled a few hundred feet away from the property. With an extremely low purchase price, this is a substantial discount for an investor looking to fix and flip. With an ARV of ~$450K based on nearby sales, this is a fantastic opportunity. Don't miss out on this potential! The seller has a comprehensive estimate from ManUp Construction to remodel the entire home for $94,500.

24. 2026-04-20
    status Pending 788-char remark

    Show marketing remark (788 chars)

    ''Fixer with acreage'' ''Priced below comps'' This 2006-built home sits on 1.78 acres and offers 5 bedrooms and 3.5 bathrooms across 2,080 sqft. An investor's special, the home needs remodeling and updates throughout, including updated kitchen cabinetry and fresh interior and exterior paint. The original roof needs to be replaced, and some flooring requires attention. The water source is a cistern that can be filled a few hundred feet away from the property. With an extremely low purchase price, this is a substantial discount for an investor looking to fix and flip. With an ARV of ~$450K based on nearby sales, this is a fantastic opportunity. Don't miss out on this potential! The seller has a comprehensive estimate from ManUp Construction to remodel the entire home for $94,500.

25. 2026-04-18
    price $298,000 788-char remark

    Show marketing remark (788 chars)

    ''Fixer with acreage'' ''Priced below comps'' This 2006-built home sits on 1.78 acres and offers 5 bedrooms and 3.5 bathrooms across 2,080 sqft. An investor's special, the home needs remodeling and updates throughout, including updated kitchen cabinetry and fresh interior and exterior paint. The original roof needs to be replaced, and some flooring requires attention. The water source is a cistern that can be filled a few hundred feet away from the property. With an extremely low purchase price, this is a substantial discount for an investor looking to fix and flip. With an ARV of ~$450K based on nearby sales, this is a fantastic opportunity. Don't miss out on this potential! The seller has a comprehensive estimate from ManUp Construction to remodel the entire home for $94,500.

26. 2026-04-17
    price $299,000 788-char remark

    Show marketing remark (788 chars)

    ''Fixer with acreage'' ''Priced below comps'' This 2006-built home sits on 1.78 acres and offers 5 bedrooms and 3.5 bathrooms across 2,080 sqft. An investor's special, the home needs remodeling and updates throughout, including updated kitchen cabinetry and fresh interior and exterior paint. The original roof needs to be replaced, and some flooring requires attention. The water source is a cistern that can be filled a few hundred feet away from the property. With an extremely low purchase price, this is a substantial discount for an investor looking to fix and flip. With an ARV of ~$450K based on nearby sales, this is a fantastic opportunity. Don't miss out on this potential! The seller has a comprehensive estimate from ManUp Construction to remodel the entire home for $94,500.

27. 2026-04-15
    price $299,900 788-char remark

    Show marketing remark (788 chars)

    ''Fixer with acreage'' ''Priced below comps'' This 2006-built home sits on 1.78 acres and offers 5 bedrooms and 3.5 bathrooms across 2,080 sqft. An investor's special, the home needs remodeling and updates throughout, including updated kitchen cabinetry and fresh interior and exterior paint. The original roof needs to be replaced, and some flooring requires attention. The water source is a cistern that can be filled a few hundred feet away from the property. With an extremely low purchase price, this is a substantial discount for an investor looking to fix and flip. With an ARV of ~$450K based on nearby sales, this is a fantastic opportunity. Don't miss out on this potential! The seller has a comprehensive estimate from ManUp Construction to remodel the entire home for $94,500.

28. 2026-04-13
    price $313,000 788-char remark

    Show marketing remark (788 chars)

    ''Fixer with acreage'' ''Priced below comps'' This 2006-built home sits on 1.78 acres and offers 5 bedrooms and 3.5 bathrooms across 2,080 sqft. An investor's special, the home needs remodeling and updates throughout, including updated kitchen cabinetry and fresh interior and exterior paint. The original roof needs to be replaced, and some flooring requires attention. The water source is a cistern that can be filled a few hundred feet away from the property. With an extremely low purchase price, this is a substantial discount for an investor looking to fix and flip. With an ARV of ~$450K based on nearby sales, this is a fantastic opportunity. Don't miss out on this potential! The seller has a comprehensive estimate from ManUp Construction to remodel the entire home for $94,500.

29. 2026-04-12
    price $314,000 788-char remark

    Show marketing remark (788 chars)

    ''Fixer with acreage'' ''Priced below comps'' This 2006-built home sits on 1.78 acres and offers 5 bedrooms and 3.5 bathrooms across 2,080 sqft. An investor's special, the home needs remodeling and updates throughout, including updated kitchen cabinetry and fresh interior and exterior paint. The original roof needs to be replaced, and some flooring requires attention. The water source is a cistern that can be filled a few hundred feet away from the property. With an extremely low purchase price, this is a substantial discount for an investor looking to fix and flip. With an ARV of ~$450K based on nearby sales, this is a fantastic opportunity. Don't miss out on this potential! The seller has a comprehensive estimate from ManUp Construction to remodel the entire home for $94,500.

30. 2026-04-10
    price $316,000 788-char remark

    Show marketing remark (788 chars)

    ''Fixer with acreage'' ''Priced below comps'' This 2006-built home sits on 1.78 acres and offers 5 bedrooms and 3.5 bathrooms across 2,080 sqft. An investor's special, the home needs remodeling and updates throughout, including updated kitchen cabinetry and fresh interior and exterior paint. The original roof needs to be replaced, and some flooring requires attention. The water source is a cistern that can be filled a few hundred feet away from the property. With an extremely low purchase price, this is a substantial discount for an investor looking to fix and flip. With an ARV of ~$450K based on nearby sales, this is a fantastic opportunity. Don't miss out on this potential! The seller has a comprehensive estimate from ManUp Construction to remodel the entire home for $94,500.

31. 2026-04-10
    price $317,000 788-char remark

    Show marketing remark (788 chars)

    ''Fixer with acreage'' ''Priced below comps'' This 2006-built home sits on 1.78 acres and offers 5 bedrooms and 3.5 bathrooms across 2,080 sqft. An investor's special, the home needs remodeling and updates throughout, including updated kitchen cabinetry and fresh interior and exterior paint. The original roof needs to be replaced, and some flooring requires attention. The water source is a cistern that can be filled a few hundred feet away from the property. With an extremely low purchase price, this is a substantial discount for an investor looking to fix and flip. With an ARV of ~$450K based on nearby sales, this is a fantastic opportunity. Don't miss out on this potential! The seller has a comprehensive estimate from ManUp Construction to remodel the entire home for $94,500.

32. 2026-04-08
    price $319,000 788-char remark

    Show marketing remark (788 chars)

    ''Fixer with acreage'' ''Priced below comps'' This 2006-built home sits on 1.78 acres and offers 5 bedrooms and 3.5 bathrooms across 2,080 sqft. An investor's special, the home needs remodeling and updates throughout, including updated kitchen cabinetry and fresh interior and exterior paint. The original roof needs to be replaced, and some flooring requires attention. The water source is a cistern that can be filled a few hundred feet away from the property. With an extremely low purchase price, this is a substantial discount for an investor looking to fix and flip. With an ARV of ~$450K based on nearby sales, this is a fantastic opportunity. Don't miss out on this potential! The seller has a comprehensive estimate from ManUp Construction to remodel the entire home for $94,500.

33. 2026-04-07
    price $320,000 788-char remark

    Show marketing remark (788 chars)

    ''Fixer with acreage'' ''Priced below comps'' This 2006-built home sits on 1.78 acres and offers 5 bedrooms and 3.5 bathrooms across 2,080 sqft. An investor's special, the home needs remodeling and updates throughout, including updated kitchen cabinetry and fresh interior and exterior paint. The original roof needs to be replaced, and some flooring requires attention. The water source is a cistern that can be filled a few hundred feet away from the property. With an extremely low purchase price, this is a substantial discount for an investor looking to fix and flip. With an ARV of ~$450K based on nearby sales, this is a fantastic opportunity. Don't miss out on this potential! The seller has a comprehensive estimate from ManUp Construction to remodel the entire home for $94,500.

34. 2026-04-06
    price $321,000 788-char remark

    Show marketing remark (788 chars)

    ''Fixer with acreage'' ''Priced below comps'' This 2006-built home sits on 1.78 acres and offers 5 bedrooms and 3.5 bathrooms across 2,080 sqft. An investor's special, the home needs remodeling and updates throughout, including updated kitchen cabinetry and fresh interior and exterior paint. The original roof needs to be replaced, and some flooring requires attention. The water source is a cistern that can be filled a few hundred feet away from the property. With an extremely low purchase price, this is a substantial discount for an investor looking to fix and flip. With an ARV of ~$450K based on nearby sales, this is a fantastic opportunity. Don't miss out on this potential! The seller has a comprehensive estimate from ManUp Construction to remodel the entire home for $94,500.

35. 2026-04-03
    price $324,000 788-char remark

    Show marketing remark (788 chars)

    ''Fixer with acreage'' ''Priced below comps'' This 2006-built home sits on 1.78 acres and offers 5 bedrooms and 3.5 bathrooms across 2,080 sqft. An investor's special, the home needs remodeling and updates throughout, including updated kitchen cabinetry and fresh interior and exterior paint. The original roof needs to be replaced, and some flooring requires attention. The water source is a cistern that can be filled a few hundred feet away from the property. With an extremely low purchase price, this is a substantial discount for an investor looking to fix and flip. With an ARV of ~$450K based on nearby sales, this is a fantastic opportunity. Don't miss out on this potential! The seller has a comprehensive estimate from ManUp Construction to remodel the entire home for $94,500.

36. 2026-04-01
    listed $325,000 Active 788-char remark

    Show marketing remark (788 chars)

    ''Fixer with acreage'' ''Priced below comps'' This 2006-built home sits on 1.78 acres and offers 5 bedrooms and 3.5 bathrooms across 2,080 sqft. An investor's special, the home needs remodeling and updates throughout, including updated kitchen cabinetry and fresh interior and exterior paint. The original roof needs to be replaced, and some flooring requires attention. The water source is a cistern that can be filled a few hundred feet away from the property. With an extremely low purchase price, this is a substantial discount for an investor looking to fix and flip. With an ARV of ~$450K based on nearby sales, this is a fantastic opportunity. Don't miss out on this potential! The seller has a comprehensive estimate from ManUp Construction to remodel the entire home for $94,500.

37. 2012-11-06
    soldstatus $80,000 515-char remark

    Show marketing remark (515 chars)

    Price Reduced! HUD Home on 1.78 acres. 2-Story frame built home in Prineville Lake Acres. This spacious home features 5 bedrooms and 3 1/2 baths. Two of the bedrooms, one upstairs & one downstairs, have private baths. The kitchen is open with ample storage, and the layout in general has an open, spacious feel. The home is situated on the property for maximum privacy. This is a must see home with plenty of room for family and friends. Available beginning 9/5/12. Appraiser states 4 bedrooms/county shows 5.

38. 2012-09-18
    historical 515-char remark

    Show marketing remark (515 chars)

    Price Reduced! HUD Home on 1.78 acres. 2-Story frame built home in Prineville Lake Acres. This spacious home features 5 bedrooms and 3 1/2 baths. Two of the bedrooms, one upstairs & one downstairs, have private baths. The kitchen is open with ample storage, and the layout in general has an open, spacious feel. The home is situated on the property for maximum privacy. This is a must see home with plenty of room for family and friends. Available beginning 9/5/12. Appraiser states 4 bedrooms/county shows 5.

39. 2012-04-24
    listed $80,500 515-char remark

    Show marketing remark (515 chars)

    Price Reduced! HUD Home on 1.78 acres. 2-Story frame built home in Prineville Lake Acres. This spacious home features 5 bedrooms and 3 1/2 baths. Two of the bedrooms, one upstairs & one downstairs, have private baths. The kitchen is open with ample storage, and the layout in general has an open, spacious feel. The home is situated on the property for maximum privacy. This is a must see home with plenty of room for family and friends. Available beginning 9/5/12. Appraiser states 4 bedrooms/county shows 5.

40. 2006-04-26
    soldstatus $60,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OR · Resets to sale price

• Current annual tax: $1,635 · $136/mo
• Projected year-2 tax: $2,086 · $174/mo
• Expected delta: +$450/yr (+$38/mo · 27.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥91°F today · 16 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 8/10 Severe 11 unhealthy d/yr today · 15 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,333
• − Mortgage interest: −$12,043
• − Property taxes: −$1,635
• − Insurance: −$1,075
• − Repairs & maintenance: −$2,347
• − Management: −$2,347
• − HOA: −$156
• − Depreciation: −$6,255
• Taxable income: $3,476
• Est. tax owed @ 24.0%: −$834
• After-tax cash flow: $5,943/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Crook County SD
• NCES district ID: 4103720
• Math proficiency: 34% ▼ -5.00%
• Reading proficiency: 45% ▼ -10.00%
• Median HH income: $41,394
• Composite: 33.22/100
• National rank: #5527
• State rank: #19 of 58 in OR

Livability — Prineville Lake Acres

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Prineville Lake Acres, OR
• County: Crook County · 22,960 people
• Metro: Prineville, OR
• Population (ZIP): 22,960
• Household income: $77,199
• Rent vs Own: 27.1% rent · 72.9% own
• Severe rent burden: 481.0

Population outlook (Crook County) Hauer SSP2

• Today (2025): 23,232 people
• By 2030: 23,833 · +2.6%
• By 2040: 24,531 · +5.6%
• By 2050: 24,639 · +6.1%
• By 2075: 24,026 · +3.4%
• By 2100: 21,419 · -7.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Hispanic / Latino 8% Two or more races 7% Native American 1%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Italian 5% Portuguese 2% Lithuanian 2%
• Foreign-born: 4% · Canada
• Languages at home: 94% English-only · Spanish 5%

Political lean MEDSL · Crook

• 2024 margin: Solid R (+50.8) · D 23.5% · R 74.3% · Other 2.2%
• 2008→2024 swing: -24.3pp toward R · 2008: -26.4pp · 2024: -50.8pp
• All cycles: 2024: R+50.8 2020: R+48.5 2016: R+49.8 2012: R+36.5 2008: R+26.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -10.01%
• Current HPI: 533.6457
• Rent YoY: ▲ 4.67%
• Metro: Prineville, OR
• State GDP YoY: ▲ 2.05%
• F500 in state: 2

Industry mix (Fortune 500 HQ in OR)

Industry	F500 HQs	Revenue
▸Consumer Goods	1	$51B

Price history

+333.2% since first listed

25 events — show timeline

• 2026-05-02 Pending — MLSCO
• 2026-04-28 Price Changed $259,900 MLSCO
• 2026-04-27 Price Changed $286,000 MLSCO
• 2026-04-24 Price Changed $289,000 MLSCO
• 2026-04-24 Price Changed $289,900 MLSCO
• 2026-04-22 Price Changed $294,000 MLSCO
• 2026-04-21 Price Changed $295,000 MLSCO
• 2026-04-21 Relisted — MLSCO
• 2026-04-20 Pending — MLSCO
• 2026-04-18 Price Changed $298,000 MLSCO
• 2026-04-17 Price Changed $299,000 MLSCO
• 2026-04-15 Price Changed $299,900 MLSCO
• 2026-04-13 Price Changed $313,000 MLSCO
• 2026-04-12 Price Changed $314,000 MLSCO
• 2026-04-10 Price Changed $316,000 MLSCO
• 2026-04-10 Price Changed $317,000 MLSCO
• 2026-04-08 Price Changed $319,000 MLSCO
• 2026-04-07 Price Changed $320,000 MLSCO
• 2026-04-06 Price Changed $321,000 MLSCO
• 2026-04-03 Price Changed $324,000 MLSCO
• 2026-04-01 Listed $325,000 MLSCO
• 2012-11-06 Sold (MLS) $80,000 MLSCO
• 2012-09-18 Listing Removed — MLSCO
• 2012-04-24 Listed $80,500 MLSCO
• 2006-04-26 Sold (Public Records) $60,000 Public Records

Property tax history

+3.1%/yr

Latest (2025): $1,635 · +2.5% YoY. Source: county tax records.