8524 Observatory Street
Houston, TX 77088
0.50Acre(Lot)
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 possibil
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Lot Information
Lot Dimensions: 180 x 120 x 180 x 120 Main Square Feet: 0.4959 Acres Lot Size Acres: 0.4959 Lot Size Square Feet: 21601.404 Lot Description: Cul-De-Sac, Interior Lot, ClearedProperty Information
Subdivision: Montgomery Terrace Tr C U/R Source Property Type: Land Postal Code Plus 4: 4522
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Listing Price Information
Listing Price: $299000 Cash, Conventional
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Tax Information
Parcel Number: 0986370000259 Tax Year: 2023 Annual Tax: $8772 Tax Legal Desc: LTS 258 259 & 260 BLK 9 MONTGOMERY TERRACE TR C U/R
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Homeowners Association InformationHas Association: Yes HOA: $120.00 Community Features: Sidewalks
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School Information
Elementary School: Caraway Elementary School (Aldine)Junior High School: Garcia Middle School (Aldine)Senior High School: Carver H S For Applied Tech/Engineering/Arts -
Utility Information
Natural Gas Available, Cable Available, Electricity Available, Phone Available -
Location Information
Direction: 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 WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Marcolin, Houston, TX, 77088 | $110,999 | -- | -- | -- | 0.20 Acre(Lot) |
| TBD Rosevelt Street, Houston, TX, 77088 | $39,500 | -- | -- | -- | 0.13 Acre(Lot) |
| 00 Rosevelt Street, Houston, TX, 77088 | $39,500 | -- | -- | -- | 0.13 Acre(Lot) |
| Tillison Street, Houston, TX, 77088 | $52,000 | -- | -- | -- | 0.15 Acre(Lot) |
| Venus, Houston, TX, 77088 | $75,000 | -- | -- | -- | 0.37 Acre(Lot) |
| Dollywright Street, Houston, TX, 77088 | $69,000 | -- | -- | -- | 0.08 Acre(Lot) |
| De Walt, Houston, TX, 77088 | $75,000 | -- | -- | -- | 0.10 Acre(Lot) |
| 7800 Tbd Sand Street, Houston, TX, 77088 | $34,000 | -- | -- | -- | 0.70 Acre(Lot) |
| 7926 & 7928 N Shepherd .., Houston, TX, 77088 | $1,390,000 | -- | -- | -- | 1.35 Acres(Lot) |
| 757 Lucky Street, Houston, TX, 77088 | $125,000 | -- | -- | -- | 0.15 Acre(Lot) |
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ByOwner last updated this listing 08/08/2026 @ 15:43
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