502 Mulcahy St, Damon, TX 77430
- $115,000
- 1
- BA
- List Price
- $115,000
- Status
- ACTIVE
- MLS#
- 43944340
- Days on Market
- 0
- Year Built
- 1920
- Style
- Traditional
- Bathrooms
- 1
- Full-baths
- 1
- Lot Size
- 7,301
- Lot Size Source
- Appraiser
- Subdivision
- Damon
- Region
- 5
- Market Area
- Damon Area
- County
- Brazoria
Property Description
**CORNER LOT INEVESTMENT OPPORTUNITY IN GROWING NORTHWEST BRAZORIA COUNTY** The window is open for the chance to own a piece of Damon, Texas' storied history. This unique building was built in 1920 during Damon's oil boom and served as the town's bank from 1931-1939, with the original bank vault still in tact & operational. Situated on a corner lot in the middle of downtown Damon, the income producing property is currently leased to USPS, with the lease set to expire on 7/31/28. Lease may be renegotiated or terminated at buyer's discretion. In late 2024 the building was renewed by being completely leveled, a new roof and central air & heat were installed, along with a 18x20 carport added to the side for covered parking. Sitting in the direct path of SW Houston's rapidly expanding corridor that's consuming the Needville area. Conveniently located only 20 miles to HWY 288, 25 miles to HWY 59, & just minutes from the proposed HWY 36A project. Contact us today to own your piece of Texas.
Additional Information
- Finance Available
- Cash, Conventional
- Taxes
- $1,255
- Neighborhood
- Damon Area
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Stories
- 1
- Lot Description
- Corner Lot
- Foundation
- Pillar/Post/Pier
- Roof
- Composition
- School District
- Damon
- Elementary School
- Damon Elementary School
- Middle School
- Damon Elementary School
- High School
- Columbia High School
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Listing courtesy of Worth Clark Realty.