About This Home

This 0-bedroom, 0-bathroom commercial at 2124 Texoma Parkway in Sherman, TX is listed for $950,000. Built in 1973, on a 0.67 acres lot.

Key Features

  • Built in 1973
  • 0.67 acre lot

Property Details

1 story
1973

Amenities

A/C
Listing 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

Monthly Cost Estimate

$5,081/mo

20% down · 6.5% · 30 years

Principal$687
Interest$4,117
Insurance$277

Estimates only. Actual payments may vary.

Location

2124 Texoma Parkway

Sherman, TX 75090

Sherman Bus Centerrp

Property Details

Flooring

ConcreteTileCarpet

Construction

BoardAndBattenSiding Brick

Parking

Parking LotOff Street

Heating

Natural GasCentral

Cooling

Ceiling Fan(s)Central AirMulti UnitsElectric

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 2124 Texoma Parkway is listed at $950,000. The estimated monthly payment is $5,081 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1973, 0.67 acre lot.

This property is listed by Tony Fortner.

TF

Tony Fortner

Agent at The Michael Group, LLC

Listed by The Michael Group, LLC · Broker phone: (214) 692-6400 · Broker website

MLS# 21348527· Source: North Texas Real Estate Information Systems, Inc.· 4 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2124 Texoma Parkway, Sherman, TX 75090

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