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About This Home

This 0-bedroom, 0-bathroom single family at 1619 Main St in Junction, TX is listed for $449,900 ($329 per sqft). the home offers 1,366 sqft of living space on a 0.36 acres lot.

Agent Description

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.

Key Features

  • 0.36 acre lot
  • 25 parking spaces

Property Details

1 story
25 spaces

Amenities

A/C

Monthly Cost Estimate

$2,406/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

1619 Main St

Junction, TX 78028

Western Addn (KMBL)

Features & Amenities

Exterior Features

Storage

Property Details

Flooring

Tile

Construction

Brick Veneer HardiPlank Type

Heating

Electric (Heating)Central

Cooling

Central AirElectric

Questions & Answers

This 0-bedroom, 0-bathroom single family at 1619 Main St is listed at $449,900 ($329/sqft). The estimated monthly payment is $1,950 based on 20% down at 6.5% interest.

Key features include: 0.36 acre lot, 25 parking spaces. Exterior Features: Storage.

This property is listed by Lisa McGehee and can be reached at 8302855856 or lisa@forepremierproperties.com.

LM

Lisa McGehee

Agent at Fore Premier Properties

(830) 285-5856

Listed by Fore Premier Properties

MLS# 124626· Source: listhub· Updated today

Copyright © 2026 Kerrville Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1619 Main St, Junction, TX 78028

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