
5 bed, 3 bath, 3,000 sqft on 3.73 acres in Cedar Park. Cedar Park, TX 78641. $1,995,000. Leander ISD.
Ideally situated in the heart of Cedar Park, TX just off New Hope Drive, this beautiful 3,000-square-foot ranch-style home offers the perfect blend of space, comfort, and convenience. Featuring 5 bedrooms and 3 bathrooms, the home is thoughtfully designed for family living with two spacious living areas, a dedicated dining room, and stunning vaulted ceilings that create an open, airy feel throughout.
Set on an expansive 3.728-acre corner lot, the property contains gated access, ample parking with carports, and exceptional curb appeal. The backyard is a true retreat, highlighted by mature trees that provide abundant shade, elegant paver walkways, and a luxurious gated pool, perfect for enjoying Texas summers.
Additional features include a breakfast bar, walk-in closets, and a versatile horse barn/workshop, offering both functionality and flexibility. Conveniently located just 0.7 miles from local favorite Five Four Restaurant and 1 mile from the H-E-B Center, with exciting new developments like Scheels and Nebraska Furniture Mart underway nearby.
With Cedar Park experiencing rapid growth, this property presents an outstanding opportunity for both homeowners and investors alike.
The 3.728-acre corner lot at 1701 E New Hope Drive in Cedar Park sets this home apart immediately. Few properties in the Cedar Park subdivision offer this combination of land mass and seclusion while remaining minutes from Cedar Park's commercial core.
The home itself reads quietly confident. Built in 1970 with frame and masonry construction reinforced by stone veneer, the 3,000-square-foot ranch sits elevated on level ground with gated private access. This matters. The entrance sequence creates a buffer between New Hope Drive and the residence, screening the property from casual view. Once inside the gates, mature trees dominate the 3.728 acres, establishing a canopy that defines the outdoor experience. The corner lot positioning means visibility from only one primary road interface, maximizing privacy without feeling isolated.
Interior design reflects purposeful living, not trend chasing. Vaulted ceilings in the main living areas create vertical space that typical ranch homes lack. The home contains five bedrooms and three full baths, with a dedicated study/home office and in-law floor plan capability, accommodating multi-generational living or professional work quietly separated from common areas. The breakfast bar anchors kitchen workflow, while walk-in closets address storage that older homes typically compromise on. Tile and wood flooring aged into the home's character rather than competing with it.
The backyard functions as an extension of living space. A gated pool sits among those mature trees, shaded for practical Texas summer use rather than sun exposure. Paver walkways connect the house to the pool structure and property perimeter, defining movement without formal landscaping statements. A horse barn/workshop occupies part of the acreage, offering tangible utility for property maintenance, equipment storage, or hobby pursuits. A 2-car garage handles vehicles, while the property infrastructure suggests room for additional vehicles or equipment.
Location mechanics matter here. Cedar Park schools serve the address through Leander ISD, with Block House Elementary, Knox Wiley Middle, and Rouse High School handling K-12 education. New Hope Drive provides straightforward egress to H-E-B Center one mile south and Five Four Restaurant 0.7 miles away. The listing at $2.10M ($698 per square foot) positions the property within the Cedar Park market's current trajectory as the area develops north toward the Williamson County edge.
This property suits a buyer seeking property acreage, pool access, and structural space without performance anxiety about status symbols. The land itself remains the primary asset.
Verified property facts
1701 E New Hope DR is listed at $1,995,000 with 5 bedrooms, 3 full bathrooms, 3,000 square feet, 3.73-acre lot. This places it above the ZIP 78641 single-family closed-sale median price of $675,000 (ZIP 78641 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 30, 2026).
1701 E New Hope DR is zoned for Leander ISD with assigned schools: Block House (elementary), Knox Wiley (middle), Rouse (high). School assignments should be verified directly with the district.
1701 E New Hope DR is a Residential built in 1970 featuring 5 bedrooms, 3 full bathrooms, 3,000 square feet, 3.73-acre lot.
1701 E New Hope DR is listed by All City Real Estate Ltd. Co. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Oct 1, 2026.
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1 record on file
Every recorded listing, sale, and lease at 1701 E New Hope DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price Change with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026-56.8% | — | $708,351 | $441,850 | $266,501 |
2025 | — | $1,641,590 | $1,187,083 | $454,507 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($399K)
Adjustable assumption - not a lending recommendation.
$1,995,000
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List price
$1,995,000
Price per sqft
$665/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
169 days
Original to current
$100K reduction
$2.1M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 1, 2026.
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The most recent annual property tax for 1701 E New Hope DR is $27,984. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
This page does not assume a mortgage rate or publish a monthly payment for 1701 E New Hope DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 1, 2026, 1701 E New Hope DR is offered at $1,995,000. The current MLS snapshot shows 625 active listings in 78641. Keenan Group has completed 13 verified transactions in 78641 within its 1,000+ completed transactions and $1B+ career volume across Austin.
1701 E New Hope DR was built in 1970 (56 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
4 events on record
Current Price
$1,995,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment |
|---|
| Land |
|---|
| Additions |
|---|
2026-56.8% | — | $708,351 | $441,850 | $266,501 |
2025 | — | $1,641,590 | $1,187,083 | $454,507 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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