Address
128 N Pecan Street, Hico, TX
Price
$ 960,000
Property Attributes
- MLS#21296478
- TypeSingle Family
- Listing Status Active
- CountyHAMILTON
- CityHico
- NeighborhoodOrig Hico
- Zip76457
- StyleSingle Family Residence
- Year Built1900
- Taxes$ 2991
- Price$ 960,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms1
- Sqr Footage7628
- Lot Size0.106 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property 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.
| Elementary School |
|---|
| Hico Elementary School |
| Price History | |
|---|---|
| 6/9/2026 | Listed $960,000 |
General Features
| Heating | Central,Electric |
|---|---|
| Cooling | Central Air,Electric |
| Utilities | City Sewer,City Water,Electricity Connected |
| Possession | Closing/Funding |
| Appliances | Commercial Grade Range,Commercial Grade Vent,Ice Maker |
| School District | Hico ISD |
| Year Built | 1900 |
| Levels | Two |
| Unexempt Taxes | 2991 |
| Will Subdivide | Subdivided |
| Property Subtype | Single Family Residence |
| Subdivision Name | Orig Hico |
| Accessibility Features | Accessible Approach with Ramp,Accessible Bath - Half+Hall |
| Transaction Type | For Sale |
| County | Hamilton |
| Property Type | Residential |
| HOA Type | None |
| Status | Active |
| Directions | From the light at Hwy 281 and Hwy 6 in Hico,go east on Hwy 6 (2nd St),property is on the right on the SW corner of N Pecan and Hwy 6. |
| City | Hico |
| Elementary School Name | Hico |
| High School | Hico |
| Elementary School | Hico |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/21296478 |
| Standard Status | Active |
| Junior High School | Hico |
Interior Features
| Interior Features | Open Floorplan,Other |
|---|---|
| Living Areas | 1 |
| Room Count | 1 |
| Half Baths | 1 |
| Lock Box Type | Other |
| Total Baths | 1 |
Exterior Features
| Parking Features | On Street |
|---|---|
| Lot Size | Less Than .5 Acre (not Zero) |
| Lot Size Area | 0.1060 |
| Lot Size Units | Acres |
| Structural Style | Attached or 1/2 Duplex |
| Lot Size Square Feet | 4617.3600 |
| Lot Size Acres | 0.1060 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 76457
Price
Taxes
Year Built
Visits
© 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor M&D Real Estate - Forney shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
