Location
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.
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.
Property Details
Price:
$599,950
MLS #:
20945405
Status:
Active
Beds:
4
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Peaster Original Town
Listed Date:
May 23, 2025
Finished Sq Ft:
1,859
Lot Size:
28,314 sqft / 0.65 acres (approx)
Year Built:
1900
Schools
School District:
Peaster ISD
Elementary School:
Peaster
Middle School:
Peaster
High School:
Peaster
Interior
Bathrooms Full
3
Cooling
Ceiling Fan(s), Central Air, Electric
Fireplace Features
Wood Burning Stove
Fireplaces Total
1
Flooring
Hardwood, Tile
Heating
Central, Electric
Interior Features
Eat-in Kitchen, Flat Screen Wiring, High Speed Internet Available, Open Floorplan, Pantry, Walk- In Closet(s)
Number Of Living Areas
1
Exterior
Exterior Features
Courtyard, Covered Patio/ Porch, Private Entrance, Private Yard, R V Hookup, R V/ Boat Parking, Storage, Other
Fencing
Wood
Garage Length
24
Garage Width
12
Lot Size Area
0.6500
Pool Features
Above Ground
Vegetation
Heavily Wooded
Financial

See this Listing
Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.
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Similar Listings Nearby
Community
- Address8700 FM 920 Peaster TX
- SubdivisionPeaster Original Town
- CityPeaster
- CountyParker
- Zip Code76088
Subdivisions in Peaster
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Market Summary
Current real estate data for Single Family in Peaster as of Aug 02, 2025
2
Single Family Listed
47
Avg DOM
281
Avg $ / SqFt
$562,425
Avg List Price
Property Summary
- Located in the Peaster Original Town subdivision, 8700 FM 920 Peaster TX is a Single Family for sale in Peaster, TX, 76088. It is listed for $599,950 and features 4 beds, 3 baths, and has approximately 1,859 square feet of living space, and was originally constructed in 1900. The current price per square foot is $323. The average price per square foot for Single Family listings in Peaster is $281. The average listing price for Single Family in Peaster is $562,425. To schedule a showing of MLS#20945405 at 8700 FM 920 in Peaster, TX, contact your Aaron Layman Properties agent at 940-209-2100.
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8700 FM 920
Peaster, TX
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