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524 S Texas St
Listing Notes
Location, location, location! Brand new construction in Portland's highly desirable Johns Landing neighborhood. This home features 3 bedrooms, 2 1/2 bathrooms and 1153 square feet with high ceilings and an open main floor layout. Stylish kitchen with quartz countertops, tile backsplash and stainless-steel appliances including refrigerator, dishwasher and range. Luxury vinyl plank flooring on the main floor. Conveniently located near grocery stores, restaurants, parks, transportation, OHSU and downtown Portland.Huge bonus: 10-year property tax abatement available for buyers making less than $124,100 per year. typically property taxes run $900 to $1,200 per year with tax abatement.
Market Insights
$390/sqft vs a nearby median of $358/sqft.
- +8.9% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 1,153 sqft creates a usable price-per-square-foot read.
Pricing Read
Asking price is about 8.4% above where comps + adjustments land — there is room to negotiate.
- Modern construction+$6k +1.5%
- Sparse street life−$6k −1.5%
Property Read
The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.
Price history is still limited; review again as more market activity becomes available.
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 4 days
- Last price change
- No change recorded
- Listed
- May 8, 2026
- Photos
- 34 photos
- Property type
- condos
- Status
- for sale
- Last sold
- Oct 3, 2025 · $365,900