203 W New Hope DR, Cedar Park, TX 78613 (MLS # 2776222)
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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.
| LAST UPDATED | 10/7/2025 | TRACT | Cedar Park Ranchettes Lo 06 |
|---|---|---|---|
| YEAR BUILT | 1973 | COMMUNITY | Cedar Park Ranchettes Lo 06 |
| COUNTY | Williamson | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Aug 27, '25 | $1,200,000 |
|---|---|
| Aug 27, '25 - Sep 22, '25 | $1,000,000 |
| Sep 22, '25 - Oct 7, '25 | $850,000 |
| Oct 7, '25 - Today | $800,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | CLN |
| CONSTRUCTION | Wood Siding |
| HEAT | None |
| INTERIOR | Conference Room, Storage |
| LOT | 0.4534 acre(s) |
| PARKING | Asphalt, Off Street, On Site, Outside, Parking Lot, Paved |
| SEWER | Public Sewer |
| SUBDIVISION | Cedar Park Ranchettes Lo 06 |
| TAXES | 7196.09 |
| UTILITIES | Electricity Connected, Sewer Connected, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Property listed by Renee Jordan, New Hope Realty Group
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 12/27/25 6:49 PM PST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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.
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.
This IDX solution is (c) Diverse Solutions 2025.