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$299,995

408 N Parkway Dr Alvarado, TX 76009

1.1 acres
Land

Property details

About 408 N Parkway Dr

TERRIFIC OPPORTUNITY ON A COMMERCIAL PROPERTY! This is a C-2 Zoned 1.096-acre property on a high traffic and highly sought-after street in fast-developing Alvarado, Texas. It is located just minutes south of DFW. Used in the past as residential commercial. It has a 1096 square foot home built in 1950 in need of repairs which could be transformed into a nice office. It also has 2 shops one 36 x 60 and the other 20 X 24. Value is in the land! HURRY! THIS PROPERTY WONT LAST LONG!!!!! All information is deemed reliable but not guaranteed. Buyer and buyer’s agent to verify any pertinent information including but not limited to measurements, restrictions, zoning, taxes, etc. Broker providing this data believes it to be correct but advises interested parties to confirm any item before relying on it in a purchase decision.

Highlights

Home typeUnimproved Land
StatusActive
Lot size1.096 Acres
Year built1950
MLS #20985438

Virtual tour

Summary

  • List Price: $299,995
  • Annual Tax Amount: $252
  • Tax Year: 2023
  • Lot: City Lot
  • Directions: From Highway 67 and Parkway Drive in Alvarado Texas. Go South approximately quarter mile. The property is Located on the left.
  • Year Built: 1950
  • Lot Size: 1.096 Acres
  • MLS Number: 20985438
  • MLS Name: NTR
  • Office Name: Grandview Real Estate
  • Office Phone: (817) 866-3339
  • Listing Agent: James Wren

IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 7/15/2025, 9:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$-$252
2022$-$332
2021$-$281
2020$40,440$1,113
2019$40,440$1,058
2018$38,456$1,058
2017$34,960$970

History based on county public records data.

Nearby schools

4

Alvarado Intermediate School

Public District 4-6

1.6 mi

1401 E Davis Ave

3

Venus Elementary School

Public District 2-5

6.8 mi

20 Bulldog Dr

7

STEAM Academy at Stribling

Public District PK-5

8.9 mi

1881 E Renfro St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $40,682. Typical income of Alvarado, TX residents is between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

40%
<35k
54%
35k-100k
5%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

34%
Single, No Kids
18%
Single, with Kids
25%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
8%
12-17 yrs old
23%
18-34 yrs old
35%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Monster TrucksMonster Trucks
  • NASCARNASCAR
  • HuntingHunting

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • ChevroletChevrolet
  • GMCGMC
  • RamRam

What do the neighbors listen to?

  • CountryCountry
  • Classic CountryClassic Country
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 408 N Parkway Dr

The listing price of 408 N Parkway Dr property is $299,995.

The property 408 N Parkway Dr is land located in Alvarado, Texas, 76009.

Active Listing: 408 N Parkway Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 408 N Parkway Dr are: Alvarado Intermediate School (GreatSchools Rating 4/10), Venus Elementary School (GreatSchools Rating 3/10), STEAM Academy at Stribling (GreatSchools Rating 7/10), Alvarado Junior High School (GreatSchools Rating 4/10), Keene Jr High School (GreatSchools Rating 7/10), Venus Middle School (GreatSchools Rating 3/10), Alvarado High School (GreatSchools Rating 5/10), Keene High School (GreatSchools Rating 5/10), Venus High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $252 (source: MLS/based on county public records data).

The property 408 N Parkway Dr is 1.096 acres.

The year of construction for 408 N Parkway Dr is 1950.

This home is located at 408 N Parkway Dr in Alvarado, TX and zip code 76009. Features: 0 bathroom. It has been listed on Rocket Homes since July 7, 2025 and is currently priced at $299,995.

The number of listings in Alvarado, TX increased by 24% between May and June 2025. While the average time on the market in June 2025 was 93 days, the median list price was $355,000.

From Rocket Homes Real Estate and based on county public records data.

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