— bed, — bath on 5.22 acres in Cedar Park. Cedar Park, TX 78613. $2,999,950.
About This Home
Located in one of the fastest-growing areas of Central Texas, this vacant commercial lot offers outstanding development potential. Situated along the highly trafficked W New Hope Drive, this property enjoys excellent visibility, accessibility, and proximity to major thoroughfares including Hwy 183 and 1431. The surrounding area is booming with new construction—ranging from retail and medical offices to high-end residential developments—making this site ideal for investors or developers looking to capitalize on Cedar Park’s continued expansion. Zoned for commercial use and surrounded by rooftops and retail, this is your chance to secure a spot in one of the most sought-after suburbs just minutes from Austin.
At $3.17 million for 5.22 acres, 1407 New Hope Dr W puts rare scale on one of Cedar Park's key growth corridors. In Cedar Park, this commercial sale site sits in Cedar Park, TX 78613, in Williamson County, with direct frontage on W New Hope Drive and quick connections to Highway 183 and RM 1431.
What stands out here is land size and position. A 5.22-acre tract is large enough to matter in a part of Cedar Park where traffic counts, visibility, and access drive value. Based on the asking price and lot size, the site is trading at about $13.95 per land square foot. No building square footage is listed, so there is no building price per square foot to calculate. Year built is not listed, which fits the fact that this is being marketed as a land-driven commercial opportunity rather than an improved asset. After 49 days on market, the property remains active in an area where new retail, medical, and service users continue to track household growth.
For day-to-day access, this address benefits from the same road network that feeds some of Cedar Park's biggest destinations. H-E-B Center at Cedar Park is nearby off 183A Toll Road, and Cedar Park Regional Medical Center on Medical Parkway is also within a short drive. Bell Boulevard, Whitestone Boulevard, and the 183A corridor keep this stretch tied into both local rooftops and regional traffic. That matters for commercial users who need easy customer access from Cedar Park, Leander, and the north Austin suburbs.
The listing does not include school district, campus assignments, or school ratings, and that is typical for a commercial sale where those details are not the main value driver. It also does not list bedroom count, bathroom count, interior features, or other residential-style specs. The value here is in the address, the frontage, the acreage, and the surrounding growth pattern.
For buyers asking what it is like to hold land at 1407 New Hope Dr W, the answer is simple: you are buying into a Cedar Park corridor that already carries daily movement and still has room to mature. In a city where commercial sites with scale are getting harder to find, this kind of position can support long-term flexibility and lasting value as the area keeps building out.
The numbers behind this insight
- Offered at
- $2,999,950
- Listed
- January 9, 2026
- Price changes
- Reduced, down 5.4% from $3,171,168
Keenan Luxury Market Index: $2M-$3M single-family homes across the Austin area sold at a median $601 per sq ft over the trailing 12 months (383 sales), as of October 19, 2026.
- Property Type
- Commercial Sale
- Lot Size
- 5.22 acres
Listing information last updated June 9, 2026.
Listed by eXp Realty, LLC
MLS# 2322956 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Lot Size
- 5.22 Acres
Financial
- Original List Price
- $3,171,168
Transaction History
1 record on file
Every recorded listing, sale, and lease at 1407 New Hope DR, whoever represented it.
- ActiveListed 2026Current price: $2,999,950Original list: $3,171,168MLS 2322956
- Price changed · June 9, 2026$2,999,950
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $2,999,950
- Original list
- $3,171,168
- Price movement
- $171.2K reduction
- Listed / DOM
- Jan 9, 2026 · 284 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,478,775
- Assessment Year
- 2025
- Parcel ID
- R-17-W016-8000-0032-F006
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026+20.0% | — | $1,774,530 | $2,933,243 | — |
2025 | — | $1,478,775 | $1,478,775 | — |
Virtual Tour

District Schools Nearby
Cedar Park High School
Early College High School
New Hope High School
Rouse High School
Vista Ridge High School
Leander High School
District context schools are shown because address-level assigned school fields are not available for this property. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($600K)
Adjustable assumption - not a lending recommendation.
$2,999,950
Luxury property intelligence
Keenan Market Position
A sourced read on Cedar Park pricing, timing, and property scale. No automated valuation claim.
List price
$2,999,950
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
284 days
Original to current
$171.2K reduction
$3.2M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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