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$950,000
19 Days On Site

2124 Texoma Parkway
Sherman, TX 75090

For Sale|Retail|Active
0
Beds
0
Total Baths
4,932
SqFt
$193
/SqFt
1973
Built
Subdivision:
Sherman Bus Centerrp
County:
Grayson

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

2124 Texoma Parkway2124 Texoma Parkway2124 Texoma Parkway2124 Texoma Parkway
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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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Listing Snapshot
Price 
$950,000
Days On Site 
19 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,932 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.67 Acres
Year Built 
1973
MLS® Number 
21348527
Status 
Active
Property Tax 
$12,776
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoPrice changed to $950,000
3 weeks agoListing first seen on site
General Features
Acres 
0.67
Foundation 
Slab
Number Of Stories 
1
Parking 
Additional ParkingAsphaltGravelOff StreetOn SiteParking LotPavedSee Remarks
Property Sub Type 
Retail
Security 
Carbon Monoxide Detector(s)Fire AlarmFire Sprinkler SystemSecurity LightsSmoke Detector(s)Other
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
4932
Utilities 
Electricity ConnectedNatural Gas AvailablePhone Available
Water Source 
Public
Zoning 
COMMERCIAL
Interior Features
Cooling 
Ceiling Fan(s)Central AirElectricMulti Units
Flooring 
CarpetCeramic TileConcrete
Heating 
CentralNatural Gas
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Exterior Features
Construction Details 
BrickBoard & Batten Siding
Lot Features 
Interior LotLandscapedLevel
Road Frontage 
City Street
Roof 
Metal
Community Features
Accessibility Features 
Accessible EntranceAccessible Approach with Ramp
Financing Terms Available 
1031 ExchangeCashConventional
Listing courtesy of Tony Fortner of The Michael Group [email protected]



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-08-22 05:50 PM CDT

Neighborhood & Commute
Source: Walkscore
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