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Keenan Group#1 Austin Board of Realtors Team 2024

$2,999,950

0Beds
5.22 acresLot

1407 New Hope Dr, Cedar Park, TX 78613

Reduced 5%$3,171,168
Cedar Park·MLS# 2322956·284 days on market

— 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.

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

Generous 5.22-acre lot

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.

  1. ActiveListed 2026
    Current price: $2,999,950Original list: $3,171,168MLS 2322956
    1. 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.

View Timeline
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
$1.8M
$1.5M
$1,478,775
2025
$1,774,530
+20.0% from prev
2026
YearTaxesTotal AssessmentLandAdditions
2026+20.0%
—$1,774,530$2,933,243—
2025
—$1,478,775$1,478,775—
5-Year Change20.0%

Virtual Tour

Virtual tour of 1407 New Hope Dr
Map showing 1407 New Hope DR
1407 New Hope DR
Directions

District Schools Nearby

Leander ISD →

6 High Schools

Cedar Park High School

High SchoolDistrict context

Early College High School

High SchoolDistrict context

New Hope High School

High SchoolDistrict context

Rouse High School

High SchoolDistrict context

Vista Ridge High School

High SchoolDistrict context

Leander High School

High SchoolDistrict context

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.

Principal & interest
$16,617

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

Loan: $2.4M
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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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

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Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.

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Frequently Asked Questions

How much is 1407 New Hope Dr?

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 $500,000 (ZIP 78613 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 19, 2026).

How should a buyer estimate the monthly payment for 1407 New Hope Dr?

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.

How does 1407 New Hope Dr compare with other homes in Cedar Park?

As of Oct 15, 2026, 1407 New Hope Dr is offered at $2,999,950. The current MLS snapshot shows 169 active listings in 78613. Keenan Group has completed 34 verified transactions in 78613 within its 1,000+ completed transactions and $1B+ career volume across Austin.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Cedar Park

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 3:07:06 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/15/2026, 3:07:06 PM

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