128 N Pecan St, Hico, TX

House

For Sale

Listed price in listed location currency (USD).

$960,000

000

MLS® 21296215

Key Facts
Description
Map

Key Facts

Type Retail

Levels Commercial Sale

Size -

Garage

Taxes $2,991

Days Active 17

Lot Size 0.106 Acres

Approx. Age 1900

MLS® Number 21296215

Property Address: 128 N Pecan St, Hico, TX, 76457-6479

Average square foot calculated using Size range provided by listing agent.

Description

Own more than a business—own a piece of Hico. Jersey Lilly's Mexican Restaurant, one of Hico's most beloved dining destinations, is now being offered for sale complete with the turnkey business, iconic building, furniture, fixtures, equipment, inventory, and supplies needed to continue operations from day one. Located at the highly visible corner of North Pecan Street and Highway 6 in the heart of historic downtown Hico, this landmark property occupies one of the most recognizable commercial locations in town. The approximately 7, 600 square foot two-story building sports a new roof replaced at the end of 2025 and is complemented by more than 1, 700 square feet of second-story outdoor deck dining and entertainment space overlooking downtown. The main level features two spacious dining areas, including a full service bar, while guests are welcomed by a stunning custom welded chandelier created by renowned Hico artisan Bobby Kerr. Upstairs, an expansive event and entertainment venue includes a second full-service bar, pool table area, and dedicated restroom facilities, making it ideal for private parties, special events, live entertainment, or additional dining capacity. The covered and open-air deck areas also feature a grill and full service bar setup designed to accommodate large gatherings and outdoor entertaining. The property's flexible layout creates multiple opportunities for revenue generation while the established restaurant benefits from strong local support and a loyal customer base. Continue the successful operation, expand the concept, or add new entertainment offerings, the infrastructure is already in place. As Hico continues to grow as one of central Texas' most popular destinations for dining, shopping, tourism, and weekend getaways, Jersey Lilly's stands at the center of the action. More than just a restaurant, this is a chance to own a true piece of Hico history while stepping into a business positioned for continued success.

MLS® Number21296215

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1900

Basement

DrivewayPaved, On Street

Garage Spaces

HeatCentral, Electric

A/CCentral Air, Electric

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 9, 2026List Date

$960,000List Price

-End Date

Not Sold YetSold Price

For Sale

Jun 9, 2026List Date

$960,000List Price

Commute

Commute

Starting Address

Destination Address

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