502 Mulcahy Street, Damon, TX

$115,000

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1

Bath

0.17

Acres

About 502 Mulcahy Street

**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.

Features of 502 Mulcahy Street

MLS® # 43944340
Price $115,000
Bathrooms 1.00
Full Baths 1
Square Footage 7300.656
Acres 0.17
Year Built 1920
Type Residential
Sub-Type Single Family Residence
Style Traditional
Status Active

Community Information

Address 502 Mulcahy Street
Area 5
Subdivision Damon
City Damon
County Brazoria
State TX
Zip Code 77430-9800

Amenities

Parking Detached Carport
Is Waterfront No
Has Pool No

Interior

Heating Electric
Cooling Electric
Fireplace No
# of Stories 1

Exterior

Lot Description Corner Lot, 0 Up To 1/4 Acre
Roof Composition
Construction Wood Siding
Foundation Pillar/Post/Pier

School Information

District 14 - Damon
Elementary Damon Elementary School
Middle Damon Elementary School
High Columbia High School

Additional Information

Days on Website 1
Foreclosure No
Short Sale No
RE / Bank Owned No
Master Planned Community No

Listing Details

OfficeWorth Clark Realty

Listing Map

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