$6,360,000

600 N Parkway Drive, Alvarado TX, 76009

Price per sqft$8.34

Lot size17.51 Acres

Property typeLand

Overview

Active

Updated 6h ago

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.

Additional information

MLS^® ID: 21418607

Exterior Features

Lot Size: 17.51 Acres

Other Property Details

Taxes: $7,620
Tax Frequency: Annually

Listed by Mohsen Tartibi with Symphony Commercial, LLC
Listing Contact: 214-995-2931

The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 10/24/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 10/24/2026 at 4:03 AM UTC