2124 Texoma, Sherman, Texas

$875,000
Active
2124 Texoma, Sherman, Texas
2124 Texoma, Sherman, Texas
2124 Texoma, Sherman, Texas
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Property Details

MLS ID: 21348527
Status: Active
Price: $875,000
Acres: 0.67±
Type: Business, Commercial
Address: 2124 Texoma
City, State: Sherman, TX
County: Grayson County
ZIP Code: 75090
Parcel Number: 156862
Year Built: 1973

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

Directions: From the North, go south on 75 to Hwy 82. Go east and exit Texoma Pkwy and go south. Go through Peyton St intersection, then Property is on your right Coming from the south, go North on 75 and exit Texoma Pkwy and go North, past E. Taylor St. It will be on your left. Make a U-turn at Peyton St.

Andy Flack

Andy Flack

HomeLand Properties, Inc.

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HomeLand Properties, Inc.
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All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of August 7, 2026 at 12:00:00 AM UTC.

You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: August 7, 2026 at 12:00:00 AM UTC

Listed By: Tony Fortner of The Michael Group