#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
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.
Property Type
Commercial Sale
Lot Size
5.22 acres
Listed by eXp Realty, LLC
Verified property facts
1407 New Hope DR is listed at $2,999,950 with 0 bedrooms, 5.22-acre lot. This places it above the ZIP 78613 single-family closed-sale median price of $647,000 (ZIP 78613 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 5, 2026).
1407 New Hope DR is listed by eXp Realty, LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 6, 2026.
This page does not assume a mortgage rate or publish a monthly payment for 1407 New Hope DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 6, 2026, 1407 New Hope DR is offered at $2,999,950. The current MLS snapshot shows 201 active listings in 78613. Keenan Group has completed 21 verified transactions in 78613 within its 1,000+ completed transactions and $1B+ career volume across Austin.
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Property Details
1 record on file
Every recorded listing, sale, and lease at 1407 New Hope DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
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.
20% ($600K)
Adjustable assumption - not a lending recommendation.
$2,999,950
Luxury property intelligence
A sourced read on L50 - LEANDER/CEDAR PARK VACANT 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
240 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 Sep 6, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Best Match
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