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0 Beds
1 Bath

$115,000

502 Mulcahy Street, Damon TX, 77430

Price per sqftN/A
Built in1920
Property typeResidential

Overview

Active

Listed Sep 14, 2026

Updated 3 weeks ago

**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.

$765/mo

Est. mortgage payment based on a $115,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
43944340

Interior Features

Bedrooms
0
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.17 Acres

Other Property Details

Taxes
$1,255
Tax Frequency
Annually
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Courtesy of Worth Clark Realty, Phillip Ward 

Based on information from the Houston Association of REALTORS as of 9/17/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2026 Houston Association of REALTORS. All rights reserved.

Data last updated 4:49 AM UTC, 9/17/2026

 

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