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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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128 N Pecan St , Hico, TX 76457
$960,000
Est. Payment: $4,942.50/mo
0 Bed
0.5 Bath
7628 Sqft
Status: active | Days on site: 76
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Own more than a business—own a piece of Hico. Jersey Lilly's Mexican Restaurant, one of Hico's most beloved dining destinations, is now being offered for sale complete with the turnkey business, iconic building, furniture, fixtures, equipment, inventory, and supplies needed to continue operations from day one. Located at the highly visible corner of North Pecan Street and Highway 6 in the heart of historic downtown Hico, this landmark property occupies one of the most recognizable commercial locations in town. The approximately 7,600 square foot two-story building sports a new roof replaced at the end of 2025 and is complemented by more than 1,700 square feet of second-story outdoor deck dining and entertainment space overlooking downtown. The main level features two spacious dining areas, including a full service bar, while guests are welcomed by a stunning custom welded chandelier created by renowned Hico artisan Bobby Kerr. Upstairs, an expansive event and entertainment venue includes a second full-service bar, pool table area, and dedicated restroom facilities, making it ideal for private parties, special events, live entertainment, or additional dining capacity. The covered and open-air deck areas also feature a grill and full service bar setup designed to accommodate large gatherings and outdoor entertaining. The property's flexible layout creates multiple opportunities for revenue generation while the established restaurant benefits from strong local support and a loyal customer base. Continue the successful operation, expand the concept, or add new entertainment offerings, the infrastructure is already in place. As Hico continues to grow as one of Central Texas' most popular destinations for dining, shopping, tourism, and weekend getaways, Jersey Lilly's stands at the center of the action. More than just a restaurant, this is a chance to own a true piece of Hico history while stepping into a business positioned for continued success.

Highlights

Listed by Ashley Haile , Keller Williams Brazos West , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
0.11

Year Built

1900

County

Hamilton

Neighborhood

Orig Hico

School District

Hico ISD

Listing ID

21296478

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0.5
  • Full Bathrooms:0
  • 1/2 Bathrooms:1
Appliances:Commercial Grade Range, Commercial Grade Vent, Ice Maker
Air Cond:Central Air,Electric
Fireplaces:
Other:
  • Additional:Open Floorplan

Exterior Features

Lot:Less Than .5 Acre (not Zero)
Parking Features:On Street
Principal Interest
$4,942
Taxes
$249

Home Price

$960,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$192,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,942.50

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,942.50 $249.25 $0.00 $5,191.75
Yearly $59,309.96 $2,991.00 $0.00 $62,300.96
Total $1,779,298.89 $89,730.00 $0.00 $1,869,028.89

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Hico, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T21:21:41.390Z

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