7 months on rocket

8524 Observatory St, Houston, TX, 77088

$99,000

0.50 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #3102638
Lot Size0.50 Acres
StatusActive

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.

Property Details

Property Features

Listing Office:

  • Office Name: CB&A, Realtors-Katy
  • Office Phone: (832) 678-4770
  • Listing Agent: Omeed Owhadian

Lot Features

Lot Information:

  • Lot: Cleared, Cul-De-Sac, Interior Lot, Subdivision
  • Lot Size: 0.50 Acres

Other

Directions Information:

  • 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

Price Information

Listing Price Info

Price Summary:

  • List Price: $99,000

HOA Fees:

  • Amount: $120
  • Frequency: Annually

Tax Information:

  • Annual Amount: $922
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Houston, TX.

Med. Sold Price

$319.9K

Med. Price/SqFt

$166

Avg. Days On Market

40

# of Sold Homes

1678

8524 Observatory St vs Houston

229 DAYS ON ROCKET

+189 Days

$99,000

-$220.9K Less

KEY TAKEAWAY

This property is $220.9K less than the Median Sold Price in Houston, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #3102638

Listing Office:

  • Office Name: CB&A, Realtors-Katy
  • Office Phone: (832) 678-4770
  • 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”.

Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
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: 12/18/2024, 4:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$922$184,425
2020$2,745$114,400
2018$2,878$104,022

History based on county public records data.

Payment Calculator

$572

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$363

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-32748
3
/10
  • Caraway Elementary School

  • 3031 Ellington St

  • 0.47 miles

  • Public District Grades 1-5

school-card-donut-32749
3
/10
  • Harris Elementary School

  • 3130 Holder Forest Dr

  • 0.83 miles

  • Public District Grades 1-5

school-card-donut-32750
7
/10
  • Hill Elementary School

  • 2625 W Mount Houston Rd

  • 1.02 miles

  • Public District Grades 1-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,252. Typical income of Houston, TX residents is less than $35k annually. Most families are single, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8524 Observatory St

What is the listing price of this property?

The listing price of 8524 Observatory St property is $99,000.

What type of property is this?

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

Is this property for sale now?

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

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $922 (source: MLS/based on county public records data).

How much acreage is this property?

The property 8524 Observatory St is 0.50 acres.
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Rocket HomesTexasHarris CountyHouston770888524 Observatory St

This home is located at 8524 Observatory St in Houston, TX and zip code 77088 in the North Houston neighborhood. This home sits on a 0.50 acre lot. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $99,000.

In November 2024, from all listings sold in Houston, TX there were more than 263 sold above asking price, over 1060 sold below and more than 354 were sold right at the asked price. The inventory of homes for sale in Houston, TX between October 2024 and November 2024 increased by 8.5%. The median list price of listings available in November 2024 was $319,921, while the average time on the real estate market was 40 days.

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

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