• 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 off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
