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Under Contract

$800,000

203 New Hope DR, Cedar Park, TX 78613

Cedar Park Ranchettes Lo 06

Sq Ft1,600
Acres0.45
Year Built1973

About This Property

Exceptional commercial redevelopment opportunity in Cedar Park! Two adjacent lots (~0.7 acres) at 203 W?New Hope Dr present a premier corner position with unrivaled visibility and high traffic along US?183 (Bell Blvd). The site includes an adaptable freestanding office structure (formerly a church classroom, then realty office) with utilities in place and flat terrain—ready for reinvention. Already zoned residential with a commercial variance and aligned with the City’s Future Land Use Plan (Neighborhood Business/Business District), rezoning is supported and strategic. This corridor sees strong traffic volume: city data from 2018–2019 reports ~30,600 vehicles per day north of New Hope Drive and Bell Blvd The area is on the cusp of transformative growth: The CedarView mixed-use development, just minutes away, will feature a 1.1 million SF Nebraska Furniture Mart, a 297-room full-service Marriott hotel, a 30,000 SF convention center, and a 320-space parking garage, all slated for completion by 2027. Additional nearby anchors include Scheels sporting goods within Cedar View. Cedar Park Chamber of Commerce. Major lifestyle and leisure developments are also underway. This strategic location is surrounded by established neighborhoods, schools, medical facilities, and has access to surrounding infrastructure improvements like the widening of New Hope Drive and enhanced pedestrian amenities. Community Impact. Priced attractively at $1,200,000 total (two lots combined), this site offers unmatched upside. Cedar Park has seen explosive growth—over 45% population increase over the past decade, a median household income above $111K, and over 2.3M SF of nearby commercial development in motion. With its visibility, infrastructure, and adjacency to destination-level developments, 203 W New Hope Dr is an opportunity primed for high-impact retail, drive-thru, boutique, or modern office/flex redevelopment.

Property Details

Property TypeCommercial
MLS #2776222
Days on Market329
Lot Size0.45 acres
Listed8/21/2025
Last Updated8/21/2025

Location

County
Williamson
MLS Area
CLN

Size

$/Acre
$1,764,447
Heating
None
Cooling
Central Air
Flooring
Vinyl
Construction Materials
Wood Siding
Foundation
Slab
Parking Features
Asphalt, Off Street, On Site, Outside, Parking Lot, Paved

Location

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Listing provided by Renee Jordan · New Hope Realty Group · (512) 800-3454

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

$800,000