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

Ample space and flexibility

Three Lots for Sale on half acre, approximately 7200 sq ft EACH lot(60ftx120ft). 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

10 days

52

3

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: 6/17/2026
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

Estimated monthly payment$1,822

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.

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