1. Texas
  2. Cedar Park
  3. 203 W New Hope DR
$1,200,000

203 W New Hope DR, Cedar Park, TX 78613

  • 1,600 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1973
  • Property Lot Size Icon0.45acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $750/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

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.

Listing Status:
Active
Listing Office:
New Hope Realty Group : (512) 817-4093
Listing Agent:
Renee Jordan : (512) 800-3454
MLS ID:
2776222
  • Flooring: Vinyl
  • A/C: Central Air
  • Heating: None
  • Eco/Green Feature: NoneNone

This listing courtesy of Renee Jordan, New Hope Realty Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Block House Creek Elementary School

401 Creek Run Dr, Leander, TX, 78641

Grades KG-5

0.63 miles away

R

Running Brushy Middle School

2303 N Lakeline Blvd, Cedar Park, TX, 78613

Grades 6-8

1.40 miles away

L

Leander High School

3301 S Bagdad Rd, Leander, TX, 78641

Grades 9-12

0.91 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.