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$6,360,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 600 N Pkwy Dr
General
- Price: $6,360,000
- Taxes: $7,620
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21418607
- Updated: 10/23/2026
- Added to Site: 3 day(s) ago
Location
- County: Johnson
- Subdivision: The Parkview at Alvarado
- Driving 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.
School Information
- Elem School District: Alvarado ISD
- Midd School District: Alvarado ISD
- High School District: Alvarado ISD
- Elementary School: Alvarado N
- Middle School: Alvarado
- High School: Alvarado
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Agricultural
Lot Features
- Lot Size (Acres): 17.513
- Lot Size (Sq. Ft.): 762,866.28
- Frontage: City Street
- Lot Features: Acreage, City Lot
- Development Status: Site Plan Approved
- Zoning: Multifamily
Financial Considerations
- Tax Amount: $7,620
Disclosures and Reports
- Documents Avail.: Engineering Report, Floorplan
- Legal Description: ABST 313 TR 161 I GLAZE
- Property ID: 126031301300
Listed by Symphony Commercial, LLC, Mohsen Tartibi
Get Pre-Approved Today
Schools
Schools serving 600 N Pkwy Dr
School District:Alvarado Independent School District
| Name | Grades | Distance |
|---|---|---|
Alvarado El-North 1500 North Cummings Drive, Alvarado, TX 76009 | PK-3 | 1.3 mi |
Alvarado Intermediate School 1401 East Davis Avenue, Alvarado, TX 76009 | 4-6 | 1.8 mi |
Alvarado J High School 1000 North Cummings Drive, Alvarado, TX 76009 | 7-8 | 0.6 mi |
Alvarado High School 1301 South Parkway Drive, Alvarado, TX 76009 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 600 N Pkwy Dr
Date
Details
Price
Change
Source
10/22/2026
Listed
$6,360,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 600 N Pkwy Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,515
-5%
$308,667
—
2024
$7,933
12295%
$308,667
-4%
2018
$64
-6%
$321,802
—
2021
$68
—
$321,802
-25%
2021
$68
—
$429,069
75%
2020
$68
6%
$245,182
10505%
2018
$64
3%
$2,312
4%
2017
$62
13%
$2,224
12%
2016
$55
4%
$1,979
3%
2015
$53
-22%
$1,926
-23%
2019
$68
31%
$2,487
28%
2014
$52
-42%
$1,944
-42%
2013
$90
—
$3,355
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 600 N Pkwy Dr
600 N Parkway Drive, Alvarado, TX 76009 (MLS# 21418607) is a Lots/Land property with a lot size of 17.513 acres. 600 N Parkway Drive is currently listed for $6,360,000 and was received on October 22, 2026. Want to learn more about 600 N Parkway Drive? Do you have questions about finding other Lots/Land real estate for sale in Alvarado? You can browse all Alvarado real estate or contact a Coldwell Banker agent to request more information.

