2124 TEXOMA PARKWAY, SHERMAN, TX 75090
Homes for sale in Sherman.
Homes for sale in 75090.
List Price$875,000
2124 Texoma Parkway
Sherman, TX 75090
Listing #21348527
4,932
Square Feet
1
Number of Units
Commercial
Type
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
Location Information
County
Grayson
Subdivision
Sherman Bus Centerrp
Interior Features
Has Fireplace
No
Tenant Pays
All Utilities, Common Area Maintenance, Cable TV, Electricity, Gas, Grounds Care, Insurance, Janitorial Service, Management, Pest Control
Heating
Central, Natural Gas
Total Number of Units
1
Cooling
Central Air, Ceiling Fan(s), Electric, Multi Units
Accessibility
Accessible Approach with Ramp
Floors
Carpet, Concrete, Ceramic Tile
Exterior Features
Construction
Board & Batten Siding, Brick
Lot Size in Sq. Ft.
29,185
Foundation
Slab
Lot Dimensions
185x228
Roof
Metal
Possible Best Use
Food Service, Restaurant
Utilities
Electricity Connected, Natural Gas Available, Overhead Utilities, Phone Available, Sewer Available, Separate Meters, Water Available
Zoning
COMMERCIAL
Security System
Security System, Carbon Monoxide Detector(s), Fire A
Building Total Area (Sq. Ft.)
4,932
Parking Description
Additional Parking, Asphalt, Gravel, On Site, Off Street, Paved, Parking Lot, See Remarks
Road Description
City Street, Asphalt
Lot Description
Interior Lot, Landscaped, Level
Is One Story
No
Lot Size in Acres
0.67
Lot Description
Interior Lot, Landscaped, Level
Additional Information
Year Built Details
Preowned
Tax Annual Amount
12776.0
Property Type
COM
Exclusions
Personal property owned by tenant
Property SubType
Retail
Community Features
Curbs
Year Built
1973
Lot Acres Source
See Remarks
Status
Active
Similar Listings
Mortgage Calculator
$4,086
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,153
Monthly Tax
$729
Monthly Insurance
$204
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Tony Fortner, The Michael Group
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NTREIS - North Texas data last updated at August 3, 2026, 1:53 PM CT
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