8700 Fm 920, Peaster, TX 76088
Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by:johnny purselley817-793-9274
Office:purselley ranch & residential
MLS#:20945405
Source:GDAR
Price summary
- Price:$599,950
- Price per sq. ft.:$322.73
About this home
Rare opportunity to own an established family business. Merls 111 restaurant included in sale of property. Property is sold together. The home was part of the original town of Peaster and has been completely redone and new central HVAC installed by current owners. Could be a five bedroom if needed, with 3 full baths. One bedroom currently a home office. The most enchanting setting nestled amongst huge pecan and oak trees, this property is fully fenced and cross fenced in privacy height wood fencing. Picket fence in front leads you up a shaded concrete walkway to the expansive front porch. Once inside you are hit with a huge open space living area featuring wood burning fireplace. the bedrooms run along the sides and back of the home.
Kitchen is well equipped and features knotty Alder cabinets. The backyard oasis has a nice above ground pool with skimmer and cleaning equipment. There is an older barn shop that is charming and has a covered slab to the side offering a spot for entertaining or hanging out. The backyard is huge and shaded by large Pecan trees and privacy fence.
Now for the restaurant, Merls 111 is a popular smokehouse open only on Friday evenings and all day Saturday. With covered and open dining, live music venue and fully equipped smokehouse with all cooking equipment. The diner has a bathroom for patrons, flat screen TV wiring and an established customer base. The books for the diner are available to view for qualified buyers. Traffic count is incredibly high and rising. Walk to work, work with family, located across from Peaster FD, Peaster ISD, Peaster Church and convenience store and dollar general. There is a huge opportunity for a full time diner and music venue. The area is in need of this type of establishment and it currently makes enough to cover the mortgage with the minimal hours its currently open. Live and work from home, be part of a great community, ready to go. Contact agent for private showing to qualified buyers.
Contact an agent
Home facts
- Year built:1900
- Listing ID #:20945405
- Added:124 day(s) ago
- Updated:September 24, 2025 at 11:36 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Living area:1,859 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric
- Heating:Central, Electric
Structure and exterior
- Roof:Composition
- Year built:1900
- Building area:1,859 sq. ft.
- Lot area:0.65 Acres
Schools
- High school:Peaster
- Middle school:Peaster
- Elementary school:Peaster
Finances and disclosures
- Price:$599,950
- Price per sq. ft.:$322.73
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