JSFiddle - React, Tailwind, and code Playground

HTML

<img src="http://placehold.it/100/0000FF/000000" name="preview" /><br /><br />

<select class="form-control" name="display_avatar" id="display_avatar">
    <option value="1" imagePath="http://placehold.it/100/cccccc/000000">First</option>
    <option value="2"imagePath="http://placehold.it/100/ghghgh/000000">Second</option>
    <option value="3"imagePath="http://placehold.it/100/5fgrty/000000">Third</option>
    <option value="4"imagePath="http://placehold.it/100/ff0000/000000">Fourth</option>
</select>

JavaScript

$("#display_avatar").on('change',function(){
    $("img[name=preview]").attr("src", $("option").attr("imagePath"));
    event.preventDefault();
});