Search
NNN Restaurant Property
New
For Sale
$875,000

2124 Texoma Parkway, Sherman, TX 75090

SINGLE_FAMILY - Sherman, TX

Property SizeContact for details
Lot Size0.67 Acres
Days on Market2

Property Features for 2124 Texoma Parkway

General Information

Property type Residential
Property subtype Retail
Zoning description COMMERCIAL
Parking features Parking Lot, Off Street
Security features Security
Accessibility Accessible Approach with Ramp
Subdivision Sherman Bus Centerrp
Lot features Interior Lot, Landscaped, Level
Directions From the North, go south on 75 to Hwy 82. Go east and exit Texoma Pkwy and go south. Go through Peyton St intersection, then Property is on your right Coming from the south, go North on 75 and exit Texoma Pkwy and go North, past E. Taylor St. It will be on your left. Make a U-turn at Peyton St.
Standard status Active
APN 156862
Lot size 0.67 Acres

Taxes and HOA fees

Tax Description SHERMAN BUSINESS CENTER(RP), BLOCK 5, LOT PT
Tax Annual Amount 12776
Legal Description SHERMAN BUSINESS CENTER(RP), BLOCK 5, LOT PT

Utilities

Sewer type Public Sewer
Heating system Central, Natural Gas
Cooling system Multi Units, Electric, Central Air, Ceiling Fan(s)
Water source Public

Building Details

Year built 1973
Floors in Building 1
Number of units 1
Flooring type Carpet, Concrete, Tile
Building materials BoardAndBattenSiding, Brick
Roof type Metal
Listing Agency: The Michael Group
Listed By: Tony Fortner
Added: Aug 3 Last Checked: Aug 4 at 4:06PM
MLS# 21348527

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.

Investment Insights

Based on property information with market context.

This 1973 restaurant property occupies approximately 0.67 acres at 2124 Texoma Parkway in Sherman. The asset is leased under an NNN structure to a long-term restaurant tenant that has operated at the location since 1998. The building features board-and-batten siding, brick, carpet, concrete, and tile finishes, with central heating, natural gas, multiple electric HVAC units, central air, and ceiling fans.

Recent capital work includes a metal roof installed in 2023, three new HVAC units totaling 20 tons in 2023, and replacement of cast iron plumbing with PVC in 2026. The site includes an off-street parking lot, ongoing parking lot maintenance and resurfacing, public water and sewer, and an accessible approach with ramp. Landlord obligations under the lease are limited to the roof and parking lot. Showings require an appointment, and occupants must not be disturbed.

Key Highlights

  • NNN lease structure with long‑term restaurant tenant in place since 1998
  • 0.67‑acre restaurant property at 2124 Texoma Parkway, Sherman, TX 75090
  • New metal roof installed in 2023

Property Analytics

Current Use

La Mesa Mexican ... Restaurant

Suggested Use

Top Pick Parking Lot & Garage Locksmith Carpet & Flooring Store Catering Service (Bike/Boat/Book/etc) Store Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

895
Businesses Nearby

Demographics for 75090, TX

25,002
Population
9,602
Households
2.6
Avg Household Size
35
Median Age
15%
College-Educated
84%
High-School Grad
78.5 sq mi
ZIP Area
318
Density / Sq Mi
$58,586
Median Household Income
$36,230
Median Earnings
$1,111
Median Rent
$163,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
NNN property - Operating restaurant with NNN lease structure and recent roof and HVAC upgrades.
Where is this nnn property located?
The property is located at 2124 Texoma Parkway Sherman, TX.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: NNN lease structure with long‑term restaurant tenant in place since 1998; 0.67‑acre restaurant property at 2124 Texoma Parkway, Sherman, TX 75090; New metal roof installed in 2023
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message