Ad #7188994
MLS #21348527
Stable NNN Restaurant Investment - Long-Term Tenant in Place
2124 Texoma Parkway, Sherman, TX 75090
$950,000
--Beds
--Baths
--Sqft
0.67Acres
About this property
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
Property Features
0 Beds
0 Baths
0 Sqft
Built in 1973
0.67 Acres
1 Story
Parking Lot, Off Street
Siding: BoardAndBattenSiding, Brick
Metal Roof
Natural Gas, Central
$12,776 / yr property tax
Grayson County
Sherman Bus Centerrp Community
Additional Photos
Contact Information
Tony Fortner
The Michael Group, LLC
214-692-6400
Location
Listing Agent: Tony Fortner 214-692-6400
Broker: The Michael Group, LLC 214-692-6400 Listing Site
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.
Broker: The Michael Group, LLC 214-692-6400 Listing Site
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.
BarrierFreeHome.com
Printed Oct 29, 2026
Photo Gallery
$950,000
--
Beds
--
Baths
--
Sqft
2124 Texoma Parkway, Sherman, TX 75090
By contacting this agent you agree to these Terms and Conditions.
MLS# 21348527
$950,000
2124 Texoma Parkway, Sherman, TX 75090
--
Beds
--
Baths
--
Sqft
0.67
Acres
-- Beds
-- Baths
-- Sqft
0.67 Acres
Accessibility Features
Accessible Approach with Ramp
Stable NNN Restaurant Investment - Long-Term Tenant in Place
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
86 days
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
Built in 1973
0.67 Acres
1 Story
EXTERIOR
Parking Lot, Off Street
Siding: BoardAndBattenSiding, Brick
Metal Roof
INTERIOR
Natural Gas, Central
FINANCIAL & COMMUNITY
$12,776 / yr property tax
Grayson County
Sherman Bus Centerrp Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7188994
Viewed
46 times
Listing Status
Active
Added
Aug 03, 2026
Last Refreshed
Oct 29, 2026 10:51:54 AM
Listing Information
Data Source
North Texas Real Estate Information Systems, Inc
Source Property ID
21348527
Listing Agent: Tony Fortner 214-692-6400
Broker: The Michael Group, LLC 214-692-6400 Listing Site
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.
Broker: The Michael Group, LLC 214-692-6400 Listing Site
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.
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