Missed out on putting in a bid on that pinkish coke palace up in Ponderosa Trails that went up for auction in March? Of course you did, because it didn’t sell. So now the 5-bedroom, 8,024-sq.-ft. mansion at 17907 Elk Valley Circle will be back on the virtual auction block again this May 18th to 20th— starting at the same $471,250 minimum bid.
Alas, the 2.54-acre property will be available “for inspection” just once, for a couple of hours on May 12th — by special appointment only. There’s a “Waiver, Release & Indemnity Agreement” you’ll have to sign to participate. And no, the former owner won’t be available to answer your questions about maintenance — Daron Odell Jones is still serving a 13-year prison sentence for cocaine possession with an intent to distribute.
According to law enforcement officials, Jones led a drug empire supplying the Mobile, Alabama, area and had ties to a violent Mexican drug cartel. (If he hadn’t cooperated with authorities, pled guilty, and forfeited this home, a small car collection, and some snazzy jewelry, he might have received a longer sentence and faced more serious charges.)
What distinguishes this druglord’s lair from all the lookalikes and wannabes builders have been putting up all over Houston?
Only your guarantee of authenticity: The participation of actual federal marshals in the sale!
- USMS: Houston, TX – Single Family Home Situated on 2.54 Acres [bid4assets]
- Previously on Swamplot: How To Be Sure That Coke Palace You’re Buying Is the Real Deal