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 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.

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 2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeWorth Clark Realty

Listing Map

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