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Land for Sale in Alvarado, Texas

600 N Parkway Dr, Alvarado, TX 76009

$6,360,000
17.5 acres
Active sale
ago
Est $45,397/mo

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

Street address
600 N Parkway Dr
Zip code
76009
Community
The Parkview At Alvarado
School district
Alvarado ISD
Elevation
727 feet
Coordinates
32.414, -97.2192

Directions

From Fort Worth, take I-35W South toward Alvarado. Take the US Highway 67 exit and head east toward Dallas. The property is located along Highway 67, just east of I-35W, near North Parkway Drive. GPS: 701 W Highway 67, Alvarado, TX 76009.

Property details

Acreage
17.513 acres
Zoning
Multifamily
MLS #
NTREIS 21418607
Posted

Property taxes

Recent
$7,620

Parcels

  • 126031301300

Legal description

Details and features

Listing

Type
Land

Lot

Features
Acreage, City Lot

Structure

Water
Public
Sewer
Public Sewer

Nearby schools

NameTypeDistrict
Alvarado NElementaryAlvarado ISD
AlvaradoMiddleAlvarado ISD
AlvaradoHighAlvarado ISD

Listing history

DateEventPriceChangeSource
Oct 22, 2026New listing$6,360,000—NTREIS
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This 17.513-acre property is located at 600 N Parkway Dr in Alvarado, TX 76009. The land is available for sale, priced at $6,360,000 — $363,159 per acre.

Listed by Symphony Commercial, (214) 995-2931

Checked 2 hours agoUpdated Source

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