Incredible Development & Investment Opportunity!Rare chance to own 2.48 acres of prime, flat land in a highly desirable Tigard/Portland location. Zoned R-9, this property offers the potential for 7–9 units per acre, making it an ideal site for subdivision or residential development. The level terrain and excellent access to nearby amenities enhance its appeal as a strong long-term investment.Whether you’re a developer, investor, or builder, this property represents a fantastic opportunity to create new housing in one of Washington County’s fastest-growing corridors. Buyers to perform due diligence with Washington County.
Active
Price cut: $400K (5/1)
$1,600,000
12400 SW Beef Bend Rd, Tigard, OR 97224
3beds
1,148sqft
Est.:
Residential, Single Family Residence
Built in 1940
2.48 Acres Lot
$-- Zestimate®
$1,394/sqft
$-- HOA
What's special
Level terrain
- 220 days |
- 297 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Sara Peterson 503-730-3311,
Transwest Properties
Source: RMLS (OR),MLS#: 797003666
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Main
Heating
- Forced Air
Interior area
- Total structure area: 1,148
- Total interior livable area: 1,148 sqft
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 2.48 Acres
- Features: Level, Acres 1 to 3
Details
- Parcel number: R493497
- Zoning: R9
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential, Single Family Residence
Materials
- Other
Condition
- Resale
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Tigard
Financial & listing details
- Price per square foot: $1,394/sqft
- Tax assessed value: $1,721,020
- Annual tax amount: $6,744
- Date on market: 9/22/2025
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Price change | $1,600,000-20%$1,394/sqft |
Source:  RMLS (OR) #797003666 Report a problem | ||
| 9/23/2025 | Listed for sale | $2,000,000$1,742/sqft |
Source: RMLS (OR) #797003666 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,456 +10.5% | $430,590 +3% |
| 2024 | $6,745 +2.7% | $418,050 +3% |
| 2023 | $6,565 +3.9% | $405,880 +3% |
| 2022 | $6,317 +2.6% | $394,060 |
| 2021 | $6,159 +3% | -- |
| 2020 | $5,978 +2.8% | $371,450 +3% |
| 2019 | $5,813 +4.4% | $360,640 |
| 2018 | $5,568 | $360,640 +6.1% |
| 2017 | $5,568 +9.1% | $339,950 +3% |
| 2016 | $5,103 | $330,050 +3% |
| 2015 | $5,103 +4.4% | $320,440 +3% |
| 2014 | $4,889 +5.4% | $311,110 +3% |
| 2013 | $4,638 +4.4% | $302,050 +3% |
| 2012 | $4,443 +3.2% | $293,260 -60% |
| 2011 | $4,306 +2.5% | $732,600 -1.4% |
| 2010 | $4,200 +1.2% | $743,140 -31.2% |
| 2009 | $4,150 +4.1% | $1,079,800 -16% |
| 2008 | $3,986 +49% | $1,285,640 +13.9% |
| 2007 | $2,675 +7.9% | $1,128,760 +27.3% |
| 2006 | $2,479 -1.3% | $886,640 +45.2% |
| 2005 | $2,511 +3% | $610,680 +14.9% |
| 2004 | $2,437 +2% | $531,670 +10.4% |
| 2003 | $2,390 +3.8% | $481,390 +23.3% |
| 2002 | $2,302 +7.8% | $390,560 +12.2% |
| 2001 | $2,136 +7.6% | $348,030 +30.9% |
| 2000 | $1,985 | $265,930 |
Find assessor info on the county website
Monthly payment
Est. payment
$9,409/mo
Principal & interest
$8302
Property taxes
$1107
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Climate risks
Neighborhood: 97224
Nearby schools
GreatSchools rating
- 4/10Alberta Rider Elementary SchoolGrades: K-5Distance: 0.5 mi
- 5/10Twality Middle SchoolGrades: 6-8Distance: 1.5 mi
- 4/10Tualatin High SchoolGrades: 9-12Distance: 3.7 mi
Schools provided by the listing agent
- Elementary: Alberta Rider
- Middle: Twality
- High: Tualatin
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Washington County
- King City
- 97224
- 12400 SW Beef Bend Rd
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