$115,000
 $617 est/mo Sourced by Back At You

502 Mulcahy Street,Damon, TX 77430

Damon, TX 77430

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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.

Details

MLS #43944340
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1920
Days On Site18
Listing Provided ByWorth Clark Realty | Phillip Ward

Features

Bath(s) 1 Total
Car PortYes
Story(s)1
Acreage0.17

Exterior

Lot FeaturesCorner Lot

Parking

Garage Yes / NoNo
Parking FeaturesDetached Carport

Taxes

Tax Annual Amount1255

Area Information

StateTX
CountyBrazoria
CityDamon
Zip Code77430
Area5
SubareaDamon Area
Community NameDamon
Listing VS Median (in Damon)
Price:
$115,000
low | high
Med:
$194,950
19.521304347826% of Average
On site:
18
low | high
Med:
46.5
38.709677419355% of Average
Sourced by Back At You

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Learn More About This Property

StateTX
CountyBrazoria
CityDamon
Zip Code77430
Area5
SubareaDamon Area
Community NameDamon
Listing VS Median (in Damon)
Price:
$115,000
low | high
Med:
$194,950
19.521304347826% of Average
On site:
18
low | high
Med:
46.5
38.709677419355% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $86K - $143K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
3614 College Street Property Photo 1
$124,900
3614 College Street
Damon, TX 77430
3614 College Street Property Photo 1
$125,000
3614 College Street
Damon, TX 77430
Listing Updated: September 29, 2026 at 3:29:27 AM PDT