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
Off Street, Parking Lot
Siding: BoardAndBattenSiding, Brick
Metal Roof
Central, Natural Gas
$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 Aug 17, 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
Stable NNN Restaurant Investment - Long-Term Tenant in Place
$950,000
2124 Texoma Parkway, Sherman, TX 75090
--
Beds
--
Baths
--
Sqft
0.67
Acres
$950,000
2124 Texoma Parkway, Sherman, TX 75090
-- Beds
-- Baths
-- Sqft
0.67 Acres
Accessibility Features
Accessible Approach with Ramp
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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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
Built in 1973
0.67 Acres
1 Story
EXTERIOR
Off Street, Parking Lot
Siding: BoardAndBattenSiding, Brick
Metal Roof
INTERIOR
Central, Natural Gas
FINANCIAL & COMMUNITY
$12,776 / yr property tax
Grayson County
Sherman Bus Centerrp Community
See More Details
Location
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Ad Statistics
Ad Number
7188994
Viewed
9 times
Listing Status
Active
Added
Aug 03, 2026
Last Refreshed
Aug 17, 2026 03:57:35 PM
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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