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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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2124 Texoma Pkwy , Sherman, TX 75090
$950,000
Est. Payment: $4,891.01/mo
0 Bed
0 Bath
4932 Sqft
Status: active | Days on site: 21
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Harrison Lilly, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Harrison Lilly
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House Description

Stable NNN Restaurant Investment – Long-Term Tenant in Place Rare opportunity to acquire a proven, income-producing restaurant property in Sherman, Texas. Family-owned Tex-Mex concept operating successfully at this location since 1998 and consistently voted Best Mexican Food in Sherman. Property includes building and ±0.67 acres and is leased on a NNN structure, providing passive income with limited landlord obligations (roof and parking lot). Long-term tenant desires to remain, offering continued operational stability. Major capital improvements completed: · New roof (2023) · Three new HVAC units totaling 20 tons (2023) · Cast iron plumbing replaced with PVC (2026) · Ongoing parking lot maintenance and resurfacing Ideal for investors seeking durable cash flow, minimal deferred maintenance, and a strong-performing tenant. Listing agent is a member of the LLC that owns the property. ***THIS IS AN ON-GOING BUSINESS AND OCCUPANTS MUST NOT BE DISTURBED. No interaction with employees is allowed. To view, make appointment with showing service
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Highlights

Listed by Tony Fortner , The Michael Group , North Texas Real Estate Information Systems

Property Type

Commercial Sale
Lot/Acreage
0.67

Year Built

1973

County

Grayson

 Neighborhood

Sherman Bus Centerrp

Listing ID

21348527

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Air Cond:Ceiling Fan(s),Central Air,Electric,Multi Units
Fireplaces:
Floor:Carpet,Ceramic Tile,Concrete

Exterior Features

Lot:Interior Lot,Landscaped,Level,.5 to < 1 Acre
Lot Dimensions:185x228
Zoning:COMMERCIAL
Roof:Metal
Others:
  • ▪ Additional:Preowned
Parking Features:Additional Parking,Asphalt,Gravel,Off Street,On Site,Parking Lot,Paved,See Remarks
Principal Interest
$4,891
Taxes
$1,065

Home Price

$950,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$190,000
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:
$4,891.01

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,891.01 $1,064.67 $0.00 $5,955.68
Yearly $58,692.15 $12,776.00 $0.00 $71,468.15
Total $1,760,764.52 $383,280.00 $0.00 $2,144,044.52

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 (Sherman, 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: 2026-08-24T19:21:47.893Z

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