$192,500
- 3 Beds
- 1.5 Baths
- 1,148 sqft
8531 Observatory St, Houston, TX 77088
Est. Refi. Payment $1,368/mo*
Refinance Your HomeHome Value
Trulia Estimate
$193KSince last month
Decreased$900 (-0.5%)Since last year
Decreased$9K (-4.3%)Since last sale
Increased$157K (+449.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +89% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $192K |
| August 2026 | $192K |
| July 2026 | $193K |
| June 2026 | $193K |
| May 2026 | $196K |
| April 2026 | $196K |
| March 2026 | $196K |
| February 2026 | $194K |
| January 2026 | $197K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.21 | Single-Family Home | - | 05/11/26 | 3 | 2 | 1,200 | |
0.42 | Single-Family Home | - | 04/23/26 | 3 | 2 | 1,814 | |
0.53 | Single-Family Home | - | 07/13/26 | 3 | 2 | 1,572 | |
0.27 | Single-Family Home | - | 09/26/25 | 3 | 3 | 1,294 | |
0.61 | Single-Family Home | - | 02/25/26 | 3 | 1 | 1,406 | |
0.35 | Single-Family Home | - | 07/15/26 | 3 | 3 | 1,955 | |
0.75 | Single-Family Home | - | 03/25/26 | 3 | 1 | 1,094 | |
0.83 | Single-Family Home | - | 05/14/26 | 3 | 2 | 1,455 | |
0.36 | Unknown | $288,000 | 09/23/25 | - | - | ||
0.69 | Single-Family Home | - | 07/22/26 | 3 | 2 | 1,557 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $299,000 | - | - | - | For Sale | |
0.10 | $375,000 | 5 | 3.5 | 2,561 | For Sale | |
0.15 | $52,000 | - | - | - | For Sale | |
0.16 | $315,000 | 4 | 2 | 2,110 | For Sale | |
0.17 | $52,000 | - | - | - | For Sale | |
0.19 | $48,000 | - | - | - | For Sale | |
0.20 | $281,100 | 3 | 2.5 | 2,098 | Off Market | |
0.21 | $299,990 | 3 | 2.5 | 2,054 | For Sale | |
0.22 | $75,000 | - | - | - | For Sale | |
0.22 | $289,000 | 3 | 2 | 1,702 | For Sale | |
0.23 | - | - | - | - | Off Market | |
0.28 | $519,990 | 3 | 3 | 3,042 | For Sale |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1965
1,148 sqft
$168/sqft
Garage
About this House
This is an absolute MUST SEE!! MOVE IN READY!!Beautifully remodeled 3 bedroom 1 and 1/2 bath home, with GATED FRONT ENTRY (see photo), fenced in back yard, set on a HUGE lot, located on a super quiet NW Houston street! Remodeled kitchen, new floors, updates throughout!!
8531 Observatory St, Houston, TX 77088 is a 3 bedroom, 2 bathroom, 1,148 sqft single-family home in Acres Home, built in 1965. It last sold for $35,000 on May 28, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $192,500, with a rent estimate of $1,843/month.
Home Details for 8531 Observatory St
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Levels, Entrance, & Accessibility Stories: 1Floors: Tile, Laminate |
Interior Details Number of Rooms: 5 |
Appliances & Utilities Dishwasher |
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Exterior Home Features Roof: CompositionExterior: BrickFoundation Type: Slab |
Parking & Garage GarageParking Space: 1Parking: Garage Attached |
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Year Built Year Built: 1965Year Updated: 2015 |
Property Type / Style Property Type: Single Family HomeArchitecture: traditional |
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Units in Building: 1 |
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Lot Area: 7858 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 16, 2021 Source: Keller Williams | ListingRemoved | |
Nov 18, 2020 Source: Agent Provided | Pending | $145,000 |
Nov 2, 2020 Source: Agent Provided | Listed For Sale | $145,000 |
Dec 17, 2017 Source: Agent Provided | ListingRemoved | $125,000 |
Dec 5, 2017 Source: Agent Provided | Pending | $125,000 |
Nov 4, 2017 Source: Agent Provided | PriceChange | $125,000 Price decreased by 4% |
Oct 18, 2017 Source: Agent Provided | PriceChange | $129,999 Price decreased by 4% |
Sep 29, 2017 Source: Agent Provided | Listed For Sale | $135,000 |
Jun 24, 2016 Source: Agent Provided | ListingRemoved | $130,000 |
Jun 15, 2016 Source: Agent Provided | Listed For Sale | $130,000 |
Mar 2, 2016 Source: Agent Provided | ListingRemoved | $130,000 |
Feb 19, 2016 Source: Agent Provided | Listed For Sale | $130,000 |
May 28, 2015 Source: N/A | Sold | -- |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,151 | $243,299 |
Home facts updated by county records
Market trends in Houston
Last updated July 2026
Avg. sale price
$316K
$6.67KMoM
Sale-to-List Price
98.2%
Price per sq ft
$161
$2MoM
Available listings
13162
241MoM
Around this home
What Locals Say about Acres Home
At least 99 Trulia users voted on each feature.
86 % Say car is needed
76 % Say yards are well-kept
67 % Say kids play outside
64 % Say parking is easy
63 % Say there's holiday spirit
54 % Say there are sidewalks
52 % Say it's quiet
52 % Say they plan to stay for at least 5 years
48 % Say neighbors are friendly
45 % Say it's dog friendly
41 % Say streets are well-lit
38 % Say there's wildlife
38 % Say there are community events
35 % Say it's walkable to restaurants
35 % Say it's walkable to grocery stores
25 % Say people would walk alone at night
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 8531 Observatory St
- What is 8531 Observatory St estimated to be worth?Trulia's estimated value for 8531 Observatory St in Houston, TX is $192,500.
- What is the price history for 8531 Observatory St?8531 Observatory St in Houston, TX last sold in May 2015.
- Is Houston a buyer's or seller's market?Houston is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Houston?The median sale price in Houston is $316K. That is up $6.67K from the prior month.
- How big is the lot at 8531 Observatory St?The lot at 8531 Observatory St in Houston, TX is about 0.18 acres (7,858 sq ft).
- Does 8531 Observatory St have a garage?Yes, 8531 Observatory St in Houston, TX has a garage.

