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This land at 600 N Parkway Drive in Alvarado, TX is listed for $6,360,000 (17.51 acres).

Key Features

  • 17.51 acre lot
Listing 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.

Location

600 N Parkway Drive

Alvarado, TX 76009

The Parkview at Alvarado

Questions & Answers

This 0-bedroom, 0-bathroom land at 600 N Parkway Drive is listed at $6,360,000. The estimated monthly payment is $34,015 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 17.51 acre lot.

This property is listed by Mohsen Tartibi.

MT

Mohsen Tartibi

Agent at Symphony Commercial, LLC

Listed by Symphony Commercial, LLC · Broker phone: (214) 995-2931 · View on Broker Site

MLS# 21418607· Source: North Texas Real Estate Information Systems, Inc.· 5 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

600 N Parkway Drive, Alvarado, TX 76009

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