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600 N Parkway Dr

Alvarado, TX 76009
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17.51 Lot Acres

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Description

PRIME 312-UNIT MULTIFAMILY DEVELOPMENT OPPORTUNITY – CITY-APPROVED PLANS! Exceptional development site strategically located along Highway 67 in Alvarado, Texas, within the growing Dallas–Fort Worth metropolitan area. The property is zoned for a 312-unit apartment community, with city-approved development plans and a complete set of engineering drawings available. This outstanding opportunity offers developers and investors a significant head start by reducing entitlement risk, planning expenses, and development timelines. Excellent highway visibility, convenient regional access, and a desirable location in rapidly expanding Johnson County make this an attractive multifamily investment opportunity. Ideal for apartment developers, institutional investors, and builders seeking a large-scale, city-approved multifamily project in North Texas. Contact the listing broker for development plans and additional information.

MLS#
NTREIS-21418607
List Price
$6,360,000
Listing Status
For Sale
Address
600 N Parkway Dr
City
Alvarado
State
TX
Zip Code
76009
County
Johnson County
Subdivision
The Parkview at Alvarado
Legal Description
ABST 313 TR 161 I GLAZE
Lot Size
17.51 Lot Acres/Appraisal District
LP / Acre
$363,159 / Acre
Road Frontage
CITY

Exterior

Lot Description
Acreage
Easements
Access,Utilities
Utility
City Sewer,City Water
Road Surface
City Street

Lot Information

Lot Size
17.51 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

North Texas Real Estate Information Systems, Inc.
Source last updated Oct 25, 2026 at 04:06 AM
Listing last updated Oct 22, 2026 at 10:17 PM
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Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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