Schools

§ 03

District

Elementary	CARAWAY EL	D
Middle	GARCIA MIDDLE	C
High	CARVER H S FOR APPLIED TECH/ENGINEERING/ARTS CCMR 88% · Grad 93%	A

TEA accountability ratings reflect 2024–25 where available. School attendance zones are subject to district redistricting — confirm directly with the district before making a school-based decision.

Overview

§ 01

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.

Features

§ 02

Interior

Not provided

Exterior & lot

Cleared
Cul De Sac
Interior Lot
Subdivision
Fenced

Community

Not provided

Property Details

§ 03 · Full MLS record

Property

Property Type

Land

Rooms & Baths

Bathrooms (total)

0

Exterior

Fencing

Fenced

Lot

Lot Size (acres)	0.4959
Lot Size Source	Appraiser
Lot Features	Cleared, Cul De Sac, Interior Lot, Subdivision
Additional Parcels	Yes
Additional Parcel Info	098-637-000-0272

Location

County	Harris
MLS Area Major	11
MLS Area Minor	Northwest Houston
Subdivision	Montgomery Terrace Tr C U/R
Postal Code	77088

Utilities

Water Source	Public
Sewer	Public Sewer

HOA / Association

HOA	Yes
HOA Fee	$120
HOA Fee Frequency	Annually
HOA Name	Montgomery Terrace HOA Inc

Taxes, Terms & Disclosures

Tax Annual Amount	$3,183 <small style="color:#6b7280">· from 2025 county roll</small>
Tax Year	2025 (county roll)
Tax Rate (est.)	1.07%
Parcel #	098-637-000-0259
Legal Description	LTS 258 259 & 260 BLK 9 MONTGOMERY TERRACE TR C U/R
Listing Terms	Cash, Conventional, Investor Financing
Disclosures	None

MUD Disclosure (§49.452)

§ 03 · Data moat

● §49.452 Notice

Not in archive

This MUD is not yet in our §49.452 archive. We'll add it on request.

Texas Water Code §49.452 requires districts to publish annual notices with tax rate, bonded indebtedness, and assessed value. Most Harris-area MUDs publish these; a handful managed by Inframark do not.

Request this notice

● What this tells you

The §49.452 notice is the only public document that lists a MUD's exact tax rate, outstanding bond debt, and the assessed value used to compute your taxes — direct from the district, not the MLS. If the district is newer or has more bonds outstanding than its neighbors, your effective tax rate will be higher here than just across the street.

Listing's rolled-up MUD rate — Resolved MUD jurisdiction not mapped Match confidence —

Taxes & Cost of Ownership

§ 04

● Estimated monthly payment

$2,054

30-YR FIXED · ADJUST ASSUMPTIONS BELOW

Interest rate

%

Down payment

%

Principal & interest$1,789 Property tax$265 Homeowners insuranceTBD

Subtotal (P&I + Tax) $2,054

Yearly HOA fee $120

Illustrative only, not a quote. P&I assumes the values entered above. Insurance and HOA dues vary — consult licensed lender and insurance agent for accurate quote.

● Effective tax rate · 3-year history

2.2881%

ALL 8 TAXING DISTRICTS · 2025 BILL

202320242025

MUD

—

→ stable

School

1.03%

→ stable

City

—

→ stable

County

0.38%

→ stable

Other districts

0.87%

→ stable

HOA & Community

§ 05

● HOA details

$120

ANNUALLY

Association nameMontgomery Terrace HOA Inc Management co.— Website— Phone— Cert on filepending

● Community amenities

place_of_worship

Mount Olive Baptist Church · 0.1mi
Greater Faith Baptist Church · 0.1mi
Star Bethel Missionary Baptist Church · 0.2mi

grocery

Wayne's Food Market · 0.1mi
· 0.4mi
Fuel Depot · 0.5mi

police_station

Houston Police Department North · 0.3mi
Federal Bureau of Investigation · 3.6mi
Houston Police Department - Acres Home · 2.1mi

gas_station

Fuel Depot · 0.4mi
Texaco · 0.5mi
Valero · 1.0mi

library

Shepard-Acres Homes Neighborhood Library · 0.5mi
Oak Forest Neighborhood Library · 3.4mi
Collier Regional Library · 3.4mi

park

· 0.7mi
Winzer Park · 0.7mi
· 0.8mi

Broadband & Connectivity

§ 06 · Rolled up from MLS

● Max advertised speed at this address

5,000 Mbps

Fiber available · cable ok

Fiber to the Premises

AT&T

5,000 / 5,000 Mbps

● LOW LATENCY

Coaxial Cable

Xfinity

2,000 / 2,000 Mbps

● LOW LATENCY

Licensed Fixed Wireless

Verizon

300 / 20 Mbps

● LOW LATENCY

NGSO Satellite

Starlink

280 / 30 Mbps

● LOW LATENCY

Copper

AT&T

100 / 20 Mbps

● LOW LATENCY

Licensed Fixed Wireless

T-Mobile

100 / 20 Mbps

● LOW LATENCY

GSO Satellite

Viasat Inc

100 / 3 Mbps

Licensed Fixed Wireless

AT&T

100 / 20 Mbps

● LOW LATENCY

+ 1 additional provider(s)

Environmental Risk

§ 08

X

FEMA Zone

Zone X · Minimal risk

Outside 100-year and 500-year floodplains. No flood insurance required by lender.

PANEL 48201C SFHA NO SOURCE 48201C_STUDY1

🌡 Heat days >95°F

65 days/yr above 95°F

Plus 11 days above 100°F. NOAA station records, 2016-2025 average.

💨 30-day air quality

AQI 48 · Good

Average daily AQI for the 30 days ending 2026-04-01. EPA AQS county monitors. Higher = worse.

🌵 Drought (current)

No drought (D1 or worse)

US Drought Monitor county reading, week of 2026-09-15.

Sources: FEMA NFHL · NOAA GHCN-Daily · EPA AQS · US Drought Monitor. Climate rollup last computed Sep 23, 2026.

Recent Comparable Sales

§ 09

8 comparable sales nearby · sold median $160/SFAddress-level sold detail is available to registered users. Reach out to Allen for the full comparable-sales report.

Subdivision & Master Plan

§ 10

● Master plan

Montgomery Terrace Tr C U/R

TIER: SUBDIVISION

Subdivision name (MLS)Montgomery Terrace Tr C U/R City · ZIPHouston · 77088 CountyHarris Listings in subdivision19 Active now3 Sold (last 12 mo)0 Curated amenities60

● Year-built distribution

No build-year dataWill populate from the parcel roll.

Fire Protection

§ 11

Nearest station

Houston Fire Department Station 67

Distance

1.3 mi

Straight-line from listing

ISO rating

—

Future data point

Avg. response

—

From incident log (future)

Neighborhood Demographics

§ 12 · Census tract 48201533100 · ACS 2023

Median HH income

$68,068

ACS 2023

Median home value

$161,700

Census self-report

Owner-occupied

66%

2,160 housing units

Bachelor's+

13%

Adults 25+

Median age

31.3

Population 6,397

Work from home

15%

of commuters

Commute 45min+

10%

of commuters

Below poverty

9.6%

tract-level

Amenities & Nearby Places

§ 13

Active listing — amenities should populate from the go-live pipeline. Click to fetch now if missing.

Location & Neighborhood

§ 13

● This Home

8524 Observatory Street, Houston, TX 77088

Harris County · 29.88°N, 95.45°W

place_of_worship

Mount Olive Baptist Church

0.1 mi · 5 within 2 mi

grocery

Wayne's Food Market

0.1 mi · 6 within 2 mi

police_station

Houston Police Department North

0.3 mi · 1 within 2 mi

gas_station

Fuel Depot

0.4 mi · 2 within 2 mi

Interactive map coming in v0.2 — currently showing schematic placement.