600 N Parkway Drive
Alvarado, TX 76009
$6,360,000
Land · 17.51 ac · $363K/ac
What it costs to own
Taxes shown reflect the current owner's exemptions and may change after purchase.
An agricultural exemption ends when the land sells — taxes will be reassessed. Verify with the county appraisal district.
About this home
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.
The details
Mineral rights aren't stated in this listing — verify with the title company before purchase.
Around this home
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Everyday life
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Listing courtesy of Symphony Commercial, LLC — Mohsen Tartibi.
Where it is
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Listing courtesy of HB Realty
Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21418607. Information last updated October 23, 2026.
Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.
Ink Realty Group is brokered by eXp Realty.
Ink Realty Group
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