RealtyLens
for saleRealtyLens property overview
$449,900

524 S Texas St

Portland, OR, 97219
View more Portland, OR property pages
3Beds
2.5Baths
1,153Sqft
$390$/sqft

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

Above nearby median+8.9%

$390/sqft vs a nearby median of $358/sqft.

Nearby median$358/sqft
Nearby properties12
Property size1,153 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

Yardstick fair value$412k$375k$449k · 50% confidence
vs ask $450k+$38k (+8.4%)

Asking price is about 8.4% above where comps + adjustments land — there is room to negotiate.

$358/sqft median across 12 tight comps × 1,153 sqft= $412k
  • Modern construction+$6k +1.5%
  • Sparse street life−$6k −1.5%
Cumulative NYC adjustments+$0+0.0%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position+8.9% vs nearby

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 MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.

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

Features & Amenities

Outdoor SpaceDishwasherNew ConstructionTwo Or More StoriesHigh CeilingPark

Photos

Price History

May 8, 2026Initial record
$449,900for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.