128 N Pecan Street, Hico, TX 76457
Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by: ashley haile
Office: keller williams brazos west
MLS#:21296478
Source:GDAR
Price summary
- Price:$960,000
- Price per sq. ft.:$125.85
About this home
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 22 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....
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Home facts
- Year built:1900
- Listing ID #:21296478
- Added:1 day(s) ago
- Updated:June 10, 2026 at 12:28 PM
Rooms and interior
- Total bathrooms:1
- Half bathrooms:1
- Kitchen Description:Ice Maker, Some Commercial Grade, Vented Exhaust Fan
- Living area:7,628 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Year built:1900
- Building area:7,628 sq. ft.
- Lot area:0.11 Acres
- Levels:2 Story
Schools
- High school:Hico
- Middle school:Hico
- Elementary school:Hico
Finances and disclosures
- Price:$960,000
- Price per sq. ft.:$125.85
- Tax amount:$2,991
Features and amenities
- Appliances:Ice Maker, Range, Some Commercial Grade, Vented Exhaust Fan
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