# 600 N Parkway Drive, Alvarado, TX 76009

> **TL;DR:** land, $6,360,000. Est. $34,015/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $6,360,000 |
| Lot Size | 762,866 sqft (17.51 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $32,160 |
| Estimated Insurance | $1,855 |
| **Total** | **$34,015** |

## Nearby Schools

- **Elementary:** Alvarado N
- **Middle:** Alvarado
- **High:** Alvarado

## Property Highlights

- 17.51 acre lot

## Description

### Agent 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

- **Address:** 600 N Parkway Drive, Alvarado, TX 76009
- **County:** Johnson
- **Neighborhood:** The Parkview at Alvarado
- **Coordinates:** 32.413972, -97.219205
- **Google Maps:** https://www.google.com/maps?q=32.413972,-97.219205

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/instaview/ntreis/21418607

## Listing Agent

- **Name:** Mohsen Tartibi
- **Brokerage:** Symphony Commercial, LLC
- **Broker Phone:** (214) 995-2931
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/600-N-Parkway-Dr_Alvarado_TX_76009_M92835-11647?f=listhub&s=NTREIS&m=21418607&c=propsimple)

## Photos

![600 N Parkway Drive - Photo 1](http://lh.rdcpix.com/5ed2499841ed0b0d124df56633e05ea6l-f3076760188r.jpg)

![600 N Parkway Drive - Photo 2](http://lh.rdcpix.com/5ed2499841ed0b0d124df56633e05ea6l-f3973000960r.jpg)

![600 N Parkway Drive - Photo 3](http://lh.rdcpix.com/5ed2499841ed0b0d124df56633e05ea6l-f3023739219r.jpg)

![600 N Parkway Drive - Photo 4](http://lh.rdcpix.com/5ed2499841ed0b0d124df56633e05ea6l-f2942909928r.jpg)

![600 N Parkway Drive - Photo 5](http://lh.rdcpix.com/5ed2499841ed0b0d124df56633e05ea6l-f166394546r.jpg)

![600 N Parkway Drive - Photo 6](http://lh.rdcpix.com/5ed2499841ed0b0d124df56633e05ea6l-f2975096892r.jpg)

---

**MLS#:** 21418607 | **Updated:** 2026-10-23
**Source:** listhub

*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.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/600-n-parkway-drive-alvarado-tx-76009-82f56e156fd943fdbb12c48fe4c667de)

---

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