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$98,500

8524 Observatory St Houston, TX 77088

0.5 acres
Land

Property details

About 8524 Observatory St

Three Lots for Sale on half acre, $99,000 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, will need new survey to subdivide.

Highlights

Home typeOther
StatusActive
Lot size0.4959 Acres
MLS #3102638

Summary

  • List Price: $98,500
  • HOA Amount: $120 Annually
  • Annual Tax Amount: $4,636
  • Tax Year: 2024
  • Lot: Cleared, Cul-De-Sac, Interior Lot, Subdivision
  • Directions: Follow Ella Blvd, Wheatley St and W Montgomery Rd to Observatory St 16 min (5.8 mi) Merge onto N Loop W/N Loop W Fwy ? 0.3 mi Turn left onto Ella Blvd Pass by KFC (on the right) ? 2.1 mi Continue onto Wheatley St ? 1.5 mi Turn left onto W Montgomery Rd ? 1.6 mi Turn left onto Ellington St ? 472 ft Turn left onto Observatory St Destination will be on the left
  • Lot Size: 0.4959 Acres
  • MLS Number: 3102638
  • MLS Name: HAR
  • Office Name: CB&A, Realtors-Katy
  • Office Phone: (832) 678-4770
  • Office Email: info@cbarealtors.com
  • Listing Agent: Omeed Owhadian

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 8/1/2025, 5:15:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$353,052$4,636
2023$399,055$37
2022$239,209$5,737
2021$184,425$921
2020$114,400$2,745
2018$104,022$2,878

History based on county public records data.

Nearby schools

2

Caraway Elementary School

Public District 1-5

0.5 mi

3031 Ellington St

4

Harris Elementary School

Public District 1-5

0.8 mi

3130 Holder Forest Dr

5

Hill Elementary School

Public District 1-5

1.0 mi

2625 W Mount Houston Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $19,252. The most common annual income of people living in Houston, TX is less than $<35k. Most families are single, with kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

66%
<35k
25%
35k-100k
9%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

38%
Single, No Kids
39%
Single, with Kids
11%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

26%
<11 yrs old
11%
12-17 yrs old
24%
18-34 yrs old
31%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • NHRA Drag RacingNHRA Drag Racing
  • Horse RacesHorse Races

Where do the neighbors shop?

  • BurlingtonBurlington
  • Big LotsBig Lots
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Golden CorralGolden Corral
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Adult StandardsAdult Standards
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

About 8524 Observatory St

The listing price of 8524 Observatory St property is $98,500.

The property 8524 Observatory St is land located in Houston, Texas, 77088.

Active Listing: 8524 Observatory St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 8524 Observatory St are: Caraway Elementary School (GreatSchools Rating 2/10), Harris Elementary School (GreatSchools Rating 4/10), Hill Elementary School (GreatSchools Rating 5/10), Houston Academy (GreatSchools Rating 4/10), Garcia Middle School (GreatSchools Rating 3/10), Drew Academy (GreatSchools Rating 2/10), Carver High School (GreatSchools Rating 3/10), Victory Early College High School (GreatSchools Rating 8/10), Eisenhower High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $4,636 (source: MLS/based on county public records data).

The property 8524 Observatory St is 0.496 acres.

This home is located at 8524 Observatory St in Houston, TX and zip code 77088 in the North Houston neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 2, 2024 and is currently priced at $98,500.

Over 312 listings were sold over their listed price in July 2025 in Houston, TX. In the same period over 1449 listings were sold below the listed price and 460 listings were sold for the listed price. Between June and July 2025, Houston, TX real estate market has seen increase in the number of listings by 18.8%. The median list price of listings available in July 2025 was $323,310, while the average time on the real estate market was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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