Three build ready lots totaling approximately 21,600 square feet (about one half acre) are available in Montgomery Terrace. Each lot measures approximately 60 ft x 120 ft (7,200 sq ft). The listing price includes all three lots, offering an exceptional opportunity for builders, developers, investors, or buyers looking to build multiple homes. The property provides the flexibility to construct three single family homes or develop the lots according to local regulations and buyer objectives. With generous lot sizes and a growing area surrounded by new development, this is an excellent opportunity. Whether you are a builder seeking your next project, an investor looking for development potential, or someone planning custom homes for family or resale, this property offers outstanding possibilities.
Approximate lot boundaries are shown in the marketing drawing and should be verified by the buyer. Survey and due diligence are recommended.
Lot/land
Price increase: $201.5K (6/17)
$299,000
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
Generous lot sizesThree build ready lots
- 59 days |
- 12 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Omeed Owhadian TREC #0728672 713-298-6471,
CB&A, Realtors-Katy
Source: HAR,MLS#: 96982766
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Fencing: Fenced
Lot
- Size: 0.5 Acres
- Dimensions: 180 x 120 x 180 x 120
- 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: 6/17/2026
- Listing terms: Cash,Conventional,Investor
Estimated market value
Not available
Estimated sales range
Not available
$1,317/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Price change | $299,000+206.7% |
Source:  HAR #96982766 Report a problem | ||
| 3/7/2026 | Price change | $97,500-0.3% |
Source: HAR #3102638 Report a problem | ||
| 1/6/2026 | Price change | $97,750-0.3% |
Source: HAR #3102638 Report a problem | ||
| 12/1/2025 | Price change | $98,000-0.3% |
Source: HAR #3102638 Report a problem | ||
| 11/5/2025 | Price change | $98,250-0.3% |
Source: HAR #3102638 Report a problem | ||
| 4/11/2025 | Price change | $98,500-0.5% |
Source: HAR #3102638 Report a problem | ||
| 5/13/2024 | Price change | $99,000-69.5% |
Source: HAR #3102638 Report a problem | ||
| 5/2/2024 | Listed for sale | $325,000 |
Source: HAR #3102638 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Climate risks
Neighborhood: Acres Home
Nearby schools
GreatSchools rating
- NAStovall EC/PK/K SchoolGrades: PK-KDistance: 0.5 mi
- 4/10Garcia MiddleGrades: 6-8Distance: 2.2 mi
- 5/10Carver High School For Applied Tech/EngineGrades: 9-12Distance: 0.6 mi
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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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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