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Lot/land
    • Price cut: $250 (3/7)
    $97,500

    8524 Observatory St, Houston, TX 77088

    --beds
    0baths
    0.5Acres
    Unimproved Land
    Built in ----
    0.5 Acres Lot
    $-- Zestimate®
    $--/sqft
    $10/mo HOA

    What's special

    Half acreAmple space
    Three Lots for Sale on half acre, price is for EACH lot, approximately 7200 sq ft EACH lot. Can Be Purchased Separately, Located in the Montgomery Terrace, these three lots offer a unique opportunity for investors, developers, or individuals seeking to build their dream homes. Each lot boasts ample space and flexibility, allowing buyers to customize their vision according to their preferences. There's plenty of room to bring your vision to life. Whether you're dreaming of a sprawling estate or a cozy retreat, these lots provide ample space for construction, landscaping, and outdoor activities. Whether you're an investor looking to capitalize on the growing demand for real estate in the area or a homeowner eager to build your forever home, these lots offer endless possibilities. Drawing shows approximate boundaries
    289 days
    |
    100
    |
    3
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 07, 2026 at 12:26pm

    Listed by:

    Omeed Owhadian TREC #0728672 713-298-6471,

    CB&A, Realtors-Katy

    Source: HAR,MLS#: 3102638MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0

      Property

      Features
      • Fencing: Fenced
      Lot
      • Size: 0.5 Acres
      • Features: Cul-De-Sac, Interior Lot, Subdivided, 1/4 Up to 1/2 Acre, Cleared, Sidewalks
      Details
      • Additional parcels included: 098-637-000-0272
      • Parcel number: 0986370000259

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Natural Gas Available, Cable Available, Electricity Available

      Community & HOA

      Community
      • Subdivision: Montgomery Terrace Tr C U/R
      HOA
      • Has HOA: Yes
      • HOA fee: $120 annually
      Location
      • Region: Houston

      Financial & listing details

      • Tax assessed value: $139,098
      • Annual tax amount: $8,772
      • Date on market: 6/16/2025
      • Listing terms: Cash,Conventional,Investor

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,317/mo

        Price history

        Price history
        DateEventPrice
        3/7/2026Price change$97,500-0.3%
        Source: HAR #3102638 Report a problem
        1/6/2026Price change$97,750-0.3%
        Source: HAR #3102638 Report a problem
        12/1/2025Price change$98,000-0.3%
        Source: HAR #3102638 Report a problem
        11/5/2025Price change$98,250-0.3%
        Source: HAR #3102638 Report a problem
        4/11/2025Price change$98,500-0.5%
        Source: HAR #3102638 Report a problem
        5/13/2024Price change$99,000-69.5%
        Source: HAR #3102638 Report a problem
        5/2/2024Listed for sale$325,000
        Source: HAR #3102638 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$1,744 -60%$139,098 -60.6%
        2024$4,362 -5.9%$353,052 -11.5%
        2023$4,637 +64.7%$399,055 +66.8%
        2022$2,815 $239,209 +29.7%
        2021-- $184,425 +1.1%
        2020$37 +43.3%$182,435 +75.4%
        2019$26 -96.3%$104,000 -24.4%
        2018$696 $137,535 +45.4%
        2017$696 +3.7%$94,566
        2016$672 -28.3%$94,566 -12.3%
        2015$936 $107,800 -7.8%
        2014$936 $116,911
        2013-- $116,911
        2012-- $116,911
        2011-- $116,911
        2010-- $116,911
        2009-- $116,911 +17.2%
        2007-- $99,795 +12.2%
        2006-- $88,935 +10%
        2005-- $80,850 +10%
        2004-- $73,500 +3.1%
        2003-- $71,300
        2002-- $71,300 +1.6%
        2001-- $70,200 +20%
        2000-- $58,500

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Acres Home

        Getting around

        14 / 100
        Car-Dependent
        32 / 100
        Some Transit
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Caraway Elementary School (Aldine)
        • Middle: Garcia Middle School (Aldine)
        • High: Carver H S For Applied Tech/Engineering/Arts

        Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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