Investor’s dream opportunity! This rare property features 3 homes situated on over 6 acres, offering exceptional income potential and flexibility. Two of the homes are currently leased, providing immediate cash flow, while the main residence can be owner-occupied or leased for additional income. The property includes an oversized workshop with A/C already installed, plus 3 RV hookups (water/septic only, power can be added), making it ideal for multiple uses. Numerous updates have been completed across all 3 homes, adding value and peace of mind. The main home welcomes you with beadboard ceilings at the entry and offers a spacious, functional layout with 2 living areas, a dining area, 4 bedrooms, and a flex room. The 2 homes located at the rear of the property have active leases in place, making this an excellent turnkey investment. With ample land, multiple dwellings, and endless possibilities, this property is perfect for investors, multi-generational living, or future development.
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Damon is located in Texas. Damon, Texas has a population of 154. Damon is more family-centric than the surrounding county with 39.39% of the households containing married families with children. The county average for households married with children is 39.36%.
The median household income in Damon, Texas is $25,865. The median household income for the surrounding county is $87,958 compared to the national median of $69,021. The median age of people living in Damon is 50.2 years.
The average high temperature in July is 92.6 degrees, with an average low temperature in January of 42.9 degrees. The average rainfall is approximately 50.5 inches per year, with 0 inches of snow per year.