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.
Property Details
- Interior
- Open Floorplan, Other
- Cooling
- 1
- Heating
- Central, Electric
- Cooling Features
- Central Air, Electric
- Bathrooms
- 1
- Half Baths
- 1
- Acres
- 0.0
- Square Feet
- 7628.0
- Lot Size (sqft)
- 0.106
- Parking Features
- On Street
- Parking Garage Spaces
- 0.0
- Parking Carport Spaces
- 0.0
- Property Type
- Purchase
- Property Subtype Additional
- Single Family Residence
- Year Built
- 1900
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Electricity Connected, Sewer Available, Water Available
- Appliances
- Ice Maker, Range, Some Commercial Grade, Vented Exhaust Fan
- Subdivision
- Orig Hico
- School District
- Hico ISD
- Elementary School
- Hico
- Middle School
- Hico
- High School
- Hico
- County
- Hamilton
- Region
- Hico
- Days on Market (Cumulative)
- 97
- Taxes Annual
- $2,991
- MLS #
- 21296478
- Property Subtype
- SingleFamilyResidence
- Parcel Number
- R000020284
- MLS #
- 21296478
- Structure Type
- Duplex
- Address
- 128 Pecan Street
Location
Legal
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Provided By
Listed by Ashley Haile (#0759491)
Listing Office: Keller Williams Brazos West (#KWRE00SV)
