High-Visibility Commercial Development
For Sale
$425,000
694 Us-67, Alvarado, TX 76009
Land, Alvarado, TX
Property SizeContact for details
Lot Size2.29 Acres
Days on Market90
Property Features for 694 Us-67
General Information
Property type
Land
Property subtype
Other
Zoning description
Planned Development
Subdivision
Dgms Add
Lot features
Cleared, City Lot
Elementary school
Alvarado N
Middle school
Alvarado
High school
Alvarado
Elementary school district
Alvarado ISD
Middle school district
Alvarado ISD
High school district
Alvarado ISD
Directions
From IH 35 take US 67 towards midlothian. Property is on the right hand side with sign
Standard status
Active
APN
126217401010
Lot size
2.29 Acres
Taxes and HOA fees
Tax Description
LOT 1 BLK 1 DGMS ADDITION
Tax Annual Amount
8899
Legal Description
LOT 1 BLK 1 DGMS ADDITION
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Tero Real Estate
(972) 777-4141
Listed By:
Dustin Jordan · License #0661824
(469) 517-0012
Added: Jun 5
Changed: Aug 26
Last Checked: Sep 2 at 7:06AM
MLS# 21044374
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.
Investment Insights
Based on property information with market context.
This 2.285-acre commercial land parcel sits within city limits of Alvarado and is zoned in a Planned Development (PD) allowing both commercial and multifamily use. The property includes city-approved plans for townhome-style apartments with commercial space on the first floor, giving an owner a clear path to develop a mixed-use project or adjust the layout to meet specific operating goals. The site is positioned for buyers looking to buy and build out, or to pursue a plan change consistent with the property’s governing approvals.
The land is located off Highway 67, providing high visibility and easy access for prospective tenants, customers, and delivery traffic. Being in an established city setting supports a practical mixed-use concept that combines residential density with street-level commercial activity.
For developers, this offering is well-suited to a builder or operator seeking a ready-to-move-forward framework for townhome-style multifamily paired with first-floor commercial. Investors may also view the parcel as a flexible platform, since the property can be built out under the approved concept or potentially adapted to better align with their target mix of tenants within the PD parameters.
The land is located off Highway 67, providing high visibility and easy access for prospective tenants, customers, and delivery traffic. Being in an established city setting supports a practical mixed-use concept that combines residential density with street-level commercial activity.
For developers, this offering is well-suited to a builder or operator seeking a ready-to-move-forward framework for townhome-style multifamily paired with first-floor commercial. Investors may also view the parcel as a flexible platform, since the property can be built out under the approved concept or potentially adapted to better align with their target mix of tenants within the PD parameters.
Key Highlights
- 2.285‑acre lot within city limits of Alvarado, zoned PD for commercial and multifamily use
- City‑approved plans for townhome‑style apartments with commercial on the first floor
- Public water service available
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
139
Businesses Nearby
Explore this area
Business Placement
Demographics for 76009, TX
23,376
Population
7,648
Households
3.1
Avg Household Size
37
Median Age
14%
College-Educated
75%
High-School Grad
98.0 sq mi
ZIP Area
239
Density / Sq Mi
$73,696
Median Household Income
$38,841
Median Earnings
$1,202
Median Rent
$211,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Prime city-limits parcel off Highway 67 with approved plans for mixed-use townhome-style apartments and street-level commercial.
Where is this commercial land located?
The property is located at 694 Us-67 Alvarado, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 2.285‑acre lot within city limits of Alvarado, zoned PD for commercial and multifamily use; City‑approved plans for townhome‑style apartments with commercial on the first floor; Public water service available
