$4,995,000 Last Listed Price
●
House -
Off Market
3220 Avalon Place
Houston, TX 77019
5 Beds
6 Baths,
1
Half Bath
8,551 Ft²
$24,751
Est. Monthly
$224
HOA / Fees
About This Property
Located in esteemed River Oaks, this magnificent European-style
estate was designed by the renowned architect, Robert Dame, and
meticulously crafted by acclaimed builder, Dan Parker. This
property features 5-6 generously sized bedrooms, each with its own
private ensuite bath, an impeccably designed chef's kitchen, and an
open, airy floor plan that is perfect for entertaining. Outdoor
features include a third-floor terrace providing breathtaking views
of River Oaks, an outdoor loggia complete with a summer kitchen and
fireplace, and a sparkling pool. Additional amenities include wet
bars on two floors, a wine room with custom storage, a media and
billiards room, an elevator for easy access to all three floors,
and an oversized 3-car garage. This estate seamlessly blends
elegance, comfort, and modern convenience.
Unit Size
8,551 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$584
Property Type
House
Property Taxes
-
HOA Dues
$224
Year Built
2001
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (HAR #27231469)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 24, 2025 | Sold | ||
| Sold | |||
| Dec 11, 2024 | In contract | - | |
| In contract | |||
| Nov 13, 2024 | Listed by Compass RE Texas, LLC - Houston | $4,995,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| | |||
|
Located in esteemed River Oaks, this magnificent European-style estate was designed by the renowned architect, Robert Dame, and meticulously crafted by acclaimed builder, Dan Parker. This property features 5-6 generously sized bedrooms, each with its own private ensuite bath, an impeccably designed chef’s kitchen, and an open, airy floor plan that is perfect for entertaining. Outdoor features include a third-floor terrace providing breathtaking views of River Oaks, an outdoor loggia complete with a summer kitchen and fireplace, and a sparkling pool. Additional amenities include wet bars on two floors, a wine room with custom storage, a media and billiards room, an elevator for easy access to all three floors, and an oversized 3-car garage. This estate seamlessly blends elegance, comfort, and modern convenience.
| |||
| Sep 21, 2024 | No longer available | - | |
| No longer available | |||
| Sep 18, 2024 | In contract | - | |
| In contract | |||
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Property Highlights
Elevator
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Central Houston
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Listed by: Mike Mahlstedt, Compass RE Texas, LLC - Houston
Last Updated: 5 months ago
Data Source: HAR , MLS# 27231469
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Last Updated: 5 months ago
Data Source: HAR , MLS# 27231469
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