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424 N Texas St
De Leon, TX 76444
Retail Property For Sale


Investment Highlights
- Originally built in the 1980's and recently updated
- Fully equipped with professional-grade appliances
- Aaccommodates 100+ guests
Executive Summary
Rarely does an opportunity like this come along in the heart of De Leon, Texas. This thriving, fully operational Mexican restaurant conveniently sits on main street with outstanding visibility and over 7,000 square feet of commercial space ready for its next owner from day one. Originally built in the 1980's and recently updated, the property features a spacious dining area that comfortably accommodates 100+ guests, plus a beautifully renovated private room perfect for business meetings, wedding receptions, graduation parties, private events, and more. The commercial kitchen is fully equipped with professional-grade appliances and a commercial hood and everything you need to hit the ground running. The sale includes all furniture, fixtures, and equipment (excluding personal decor), making this a true turnkey investment property. Utilities include city water, city sewer, and an on-site propane tank that supplies propane for cooking. As a bonus, the property includes a 3-bedroom, 2-bathroom on-site suite which is ideal for an owner or an operator looking to live steps from their business or as additional rental income potential. With a loyal customer base, high foot traffic, and a proven concept already in place, this is an exceptional opportunity for an entrepreneur or investor ready to take over a successful operation in a prime location. Don't miss your chance to own a landmark dining destination in the friendly atmosphere of De Leon, TX where roots run deep.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,164 SF
Building Class
B
Year Built
1986
Price
$900,000
Price Per SF
$125.63
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.63
Lot Size
0.26 AC
Zoning
Commercial - Commercial
Parking
40 Spaces (5.58 Spaces per 1,000 SF Leased)
Frontage
50’ on Texas St
Property Taxes
| Parcel Numbers | Improvements Assessment | $270,240 | |
| Land Assessment | $18,980 | Total Assessment | $289,220 |
Property Taxes
Parcel Numbers
Land Assessment
$18,980
Improvements Assessment
$270,240
Total Assessment
$289,220
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