502 Mulcahy St, Damon, TX 77430
- $115,000
- 1
- BA
- List Price
- $115,000
- Status
- ACTIVE
- MLS#
- 43944340
- Days on Market
- 6
- 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 NW 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 & 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 & 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 & surrounding areas. Conveniently located only 20 miles to HWY 288, 25 miles to HWY 59, & just minutes from 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.