Active

128 N Pecan Street

Hico, Texas 76457
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Bed 0

Bed

Bath 1

Bath

SqFt7,628

Sqft

Acres0.11

Acre(Lot)

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.

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Detail Ic Property Details

Property Type : Residential

Price : $960,000

AD Id : 81923977

MLS Id : 564336073

Lot Size : 0.11 Acre

Living Area Size : 7,628

Year Built : 1900

County : Hamilton

Subdivision: Orig Hico

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 0

    Bathroom Information

    Total Baths: 0.5 Full Baths: 0 Half Baths: 1
  • Interior Features

    Open Floorplan,Other

    Appliances

    Commercial Grade Range,Commercial Grade Vent,Ice Maker

    Utilities

    City Sewer,City Water,Electricity Connected
  • Cooling Features

    Central Air,Electric

    Heating Source

    Central,Electric

    Fireplace

    Number of Fireplaces: 0

  • Building Information

    Built Year: 1900
  • Accessibility Features

    Accessible Approach with Ramp,Accessible Bath - Half+Hall

  • Lot Information

    Lot Size (Acr): 0.1060 Lot Size Units: Acres Lot Size Square Feet: 4,617
  • Property Information

    SQ ft (Living Area): 7,628 Property Type: Residential Property Sub Type: Single Family Residence Subdivision: Orig Hico City: Hico State: Texas 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. Property Status: Active Levels: Two Property Age: 126

  • Listing Price Information

    Original List Price: $960,000 List Price Tot SqFt: $126
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: R000020284 Tax Block: 8 Tax Legal Description: Subd: S20001, Blk: 08, Lot: 05, 5 BLK 08 (1) ORIG Tax Lot: 5 Unexempt Taxes: $2,991

  • Parking Information

    Garage Space: 0 Carport Spaces: 0 Parking Features: On Street
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Hico High School: Hico Junior High School: Hico School District: Hico ISD
  • Utility Information

    Utilities: City Sewer,City Water,Electricity Connected
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
514 County Road 2495, Hico, TX, 76457 $450,000 2 2 1,891 1,891 SqFt
1483 County Road 2435, Hico, TX, 76457 $400,000 2 3 1,088 1,088 SqFt
9625 State Highway 220, Hico, TX, 76457 $279,900 3 1 936 936 SqFt
19170 Fm 1602, Hico, TX, 76457 $210,000 1 1 672 672 SqFt
40248 Fm 2481, Hico, TX, 76457 $375,000 4 2 2,480 2,480 SqFt
508 7th Street, Hico, TX, 76457 $79,900 2 1 768 768 SqFt
600 E Third Street, Hico, TX, 76457 $360,000 4 2 2,079 2,079 SqFt
302 Hillcrest Street, Hico, TX, 76457 $99,500 3 2 1,326 1,326 SqFt
713 N Sycamore, Hico, TX, 76457 $298,000 4 2 1,763 1,763 SqFt
709 N Sycamore, Hico, TX, 76457 $275,000 3 2 1,298 1,298 SqFt
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 06/15/2026 @ 12:53

MLS: 564336073 LISTED BY: Ashley Haile, Keller Williams Brazos West 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

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