• Location • Situated in River Oaks / Avalon Place, one of Houston’s most established residential neighborhoods • Walking distance to River Oaks Elementary • Close to private schools, neighborhood retail, dining, and professional services • Strong residential and office demand supported by school zoning and location • Site Overview • Suitable for ground-up redevelopment or renovation/repositioning • Likely execution: renovate the front structure for a personal residence or office and operate the rear units as income-producing rentals • All units are currently vacant, allowing immediate renovation or lease-up with no displacement issues • Rear Units (North Portion of Tract) • Three (3) separate units • Each unit: 2 bed / 2 bath • Two units renovated and rent-ready • Market rent approximately $2,900/month per unit • One unit requires full renovation • Front Building • Steel I-beam frame with brick façade • Structurally sound • Requires renovation to be usable • Flexible for residential or office use • Parking • Double-deep garage, four bays wide • Capacity for up to eight (8) covered vehicles, atypical for River Oaks • Zoning / Legal • Grandfathered into multiple building-code provisions • Approximately 5 feet from the street, allowing higher improvement density relative to land area • Located within Avalon Place but excluded from the HOA and its deed restrictions • Ownership / Process • For Sale By Owner • Experienced real estate owner • Direct, efficient decision-making with qualified buyers
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
