Price Reduced27
$499,990
3 bd · 2 ba · 1,840 sqft
2032 Toscano Way, Kerrville, TX
Ivan Fraire · Fraire Realty Group, INC.
Within 2 miles of this home: 18 restaurants and cafés, 1 grocery store, 4 parks and green spaces, and 1 transit stop.
Place data from OpenStreetMap.
Junction Burger Company
Main Street
Isaack Restaurant
American restaurant · Main Street
Donut Palace
Main Street
The Honey Bean
La Familia Restaurant
Mexican restaurant · Main Street
Pizza Pro
Pizza Junction
Main Street
Gloria's Gonzales Cafe
Mexican restaurant · Main Street
Lowe's Market
Main Street
Lake Junction
Schreiner Park
North 1st Street
Kimble County WCID Lake
Hill Country Fair Grounds
Fairgrounds Road
Greyhound Bus Station
Kerrville Board of REALTORS
San Antonio Board of REALTORSThis content last refreshed on 2026-10-08 14:53:27 UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Price Reduced27
$499,990
3 bd · 2 ba · 1,840 sqft
2032 Toscano Way, Kerrville, TX
Ivan Fraire · Fraire Realty Group, INC.
Price Reduced28$514,990
3 bd · 2 ba · 1,840 sqft
2044 Toscano Way, Kerrville, TX
Ivan Fraire · Fraire Realty Group, INC.
35$349,000
2 bd · 2 ba · 1,606 sqft
1012 Edinburgh Drive Unit 1012, Kerrville, TX
Elizabeth Rodriguez · Keller Williams City-View
14$475,000
3 bd · — ba · 2,359 sqft
621 Guadalupe St 1, Kerrville, TX
Joshua Rodriguez · CENTURY 21 The Hills Realty
19$290,000
3 bd · — ba · 3,160 sqft
912 N Tivy St 3 & 4, Kerrville, TX
Pat Parker · First Realty of Kerrville
30$309,000
3 bd · — ba · 1,392 sqft
121 Ace Ranch Rd 25, Kerrville, TX
Kari Bock · Bock & Co LLC





$329/sqft · 122 days on Realty
1,216
Building
0.36 acres
Lot
—
Built
TURNKEY RESTAURANT, REAL ESTATE, BUSINESS & EQUIPMENT INCLUDED! Rare opportunity to own one of the Texas Hill Country's most recognizable restaurants. The Milky Way is a long-established, profitable business offering real estate, equipment, furnishings, and goodwill all included in the sale. Ideally located on busy Junction Highway with excellent visibility, easy access, and strong traffic exposure, this iconic property has served generations of loyal customers and remains a local landmark. Originally established in the 1950s as a classic drive-in diner, The Milky Way combines nostalgic charm with a proven business model and is fully operational, allowing a new owner to step in and continue immediately. Features include a loyal customer base, strong community presence, ample parking, and immediate income potential, with opportunities to expand through catering, delivery, events, or extended hours. Ideal for an owner-operator or investor seeking an established business with history, profitability, and growth potential. Financial information available to qualified buyers.
Listing agent
Lisa McGehee
Courtesy of Fore Premier Properties
(830) 285-5856
Kerrville Board of REALTORS · Listing 124626