1041 Clarence Road
About This Property
With an existing home, detached garage, road frontage, and utilities in place, the property offers a strong foundation for residential living, future improvements, or expanded land use within a growing area of Bell County.
Owner offers a $10,000 carpet allowance.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 30, 2026 | No longer available | - | |
| No longer available | |||
| Jun 5, 2026 | Price Decreased |
$1,199,000
↓ $51K
(4.1%) | |
| Price Decreased | |||
| Mar 9, 2026 | Listed by Whitetail Properties Real Estate | $1,250,000 | |
| Listed by Whitetail Properties Real Estate | |||
| Oct 3, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Apr 23, 2025 | Listed by Longhorn Realty, LLC | $1,290,000 | |
| Listed by Longhorn Realty, LLC | |||
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Charming 3,366 Sq. Ft. Ranch-Style Home on 36.61± Unrestricted Acres — Ag Exempt & No Floodplain
Nestled on 36.61± acres of unrestricted land in North Temple, this stunning single-story ranch-style home offers a rare combination of rural tranquility, spacious living, and long-term investment potential. Built in 2000, the 3,366 sq. ft. residence features 4 generously sized bedrooms and 3.5 bathrooms, thoughtfully designed for both family living and timeless appeal.
Each bedroom includes built-in workstations, and the closets are outfitted with custom shelving and drawers for optimal organization. The home’s open layout is anchored by a striking cathedral-style tongue-and-groove wood ceiling in the living room, paired with exposed wood beams in the dining area—creating a warm and inviting atmosphere. Custom built-ins throughout the home add charm and functionality, from bookcases to thoughtfully designed storage spaces.
The primary suite offers maximum privacy, tucked away behind the kitchen, and features a spacious bath and a peaceful, retreat-like ambiance. On the opposite side of the home, a dedicated wing houses three secondary bedrooms—one with a private en-suite, and the other two sharing a convenient Jack-and-Jill bathroom.
Outside, the land is perfectly suited for a variety of uses. Over 35 acres are ideal for cattle grazing, supporting the current agricultural exemption. Improvements include a loafing shed and a 30’ x 60’ outbuilding—half fully enclosed with a concrete foundation, and half covered and enclosed on three sides—providing ample space for storage, equipment, or future projects.
The property’s level topography, low holding costs, and strategic location just ½ mile from I-35 make it ideal for both peaceful country living and future development. A 10” water line at the intersection of Clarence Rd. and Old 81 adds further value and investment potential.
Seller financing will be considered.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017