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240 Clarence Alston Rd, Franklinton, NC, 27525

4beds
2baths
2,052sqft
$324,000
$158price/sqft
$2,126/moest. monthly cost
$85,040/yrincome needed

About This Home

5-acre rural homesite featuring an existing 3 bd, manufactured residence with immediate occupancy, rental potential, or future replacement build opportunity in desirable Franklin County countryside. The property is being sold ''AS-IS''. This property offers flexibility for primary residence use, investment positioning, or phased estate development. The existing home provides functional living space while allowing buyers to expand, renovate, or construct a custom residence on the property. Generous acreage supports outdoor living, hobby farming, storage structures, and recreational uses. Ideal for: - Primary residence with acreage privacy - Multi-generational living configuration - Homestead or garden retreat - Equipment storage, workshop, or hobby use - Rental income or investment hold property Adjacent parcel at 187 Clarence Alston Rd available for purchase, offering the opportunity to assemble an additional ~23.5 acres for a total of 28.5 contiguous acres for estate expansion, additional homesite development, or long-term land control in a rapidly expanding region north of Wake County, while offering the space and freedom of Franklin County living. https://tijyjohn.exprealty.com/property/31-10164622-187-clarence-alston-road-NC-27525 Buyer to verify zoning, utilities, septic, and permitted uses.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

4/10
Louisburg ElementaryGrades PK-54.2 mi
6/10
6/10
Franklinton HighGrades 9-125.3 mi

Construction

Condition

  • Year built: 2002

Materials

  • Foundation: Brick/Mortar
  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MobileManufactured
  • Architectural style: Ranch
  • Property subType: Single Family Residence,Residential,Manufactured Home

Interior

Appliances

  • Appliances included: Dryer,Refrigerator,Washer
  • Laundry features: Electric Dryer Hookup,Laundry Room,Sink,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Bathtub/Shower Combination,Eat-in Kitchen,Walk-In Closet(s)
  • Window features: Blinds
  • Flooring: Carpet,Laminate
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning Stove
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,052

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 2,052
  • Total interior livable area: 2,052 sqft

Property

Details

  • Parcel number: 035340
  • Zoning: FCO AR
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: Other
  • Patio & porch: Deck,Porch
  • Exterior features: Private Yard,Storage
  • Fencing: Back Yard, Wire
  • Has view: Yes

Lot

  • Lot size: 5 Acres
  • Features: Agricultural,Wooded

Parking

  • Total spaces: 10
  • Parking features: Open
  • Has uncovered spaces: Yes
  • Uncovered spaces: 10

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Hail
Lightning
Strong Wind
Tornado

FEMA Declared Disasters in Franklin County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,638$19,656
Home Insurance *$121$1,452
Property Taxes $167$2,004
Electricity $200$2,405
Total$2,126$25,512
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$72,891/yr
40% on housing$63,780/yr
45% on housing$56,693/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$158This listing

vs Other Active Listings

Avg $/sqft

ZIP 27525$203
Franklin County$180

vs Homes Sold Last Month

Median $/sqft

ZIP 27525$181
Franklin County$208

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-05Listed for sale$324,000

For Sale by Agent

AgentBud Benson
BrokerageeXp Realty, LLC - C

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