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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Verified property facts
203 W New Hope Dr is listed at $800,000 with 0 bedrooms, 0.45-acre lot. This places it above the 78613 median of $655,000.
203 W New Hope Dr is a Commercial Sale built in 1973 featuring 0 bedrooms, 0.45-acre lot.
203 W New Hope Dr is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 203 W New Hope Dr is $7,196. 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.
With 20% down ($160,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 203 W New Hope Dr is around $4,751 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
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Listing timeline with current price, original ask, and market time.
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.
Property Type
Commercial Sale
Year Built
1973
Lot Size
0.45 acres
Garage
50 spaces
Listed by New Hope Realty Group
Property Details
Flooring
Construction
Foundation
Parking
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026 | — | $438,742 | $457,977 | $263,850 |
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. Ratings from GreatSchools.org.
20% ($160K)
$800,000
Luxury property intelligence
A sourced read on Cedar Park Ranchettes Lo 06 pricing, timing, and property scale. No automated valuation claim.
List price
$800,000
Price per sqft
Not available
Vs. Cedar Park Ranchettes Lo 06 median
Not available
Days on market
263 days
Original to current
$400K reduction
$1.2M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 9, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $800,000, 203 W New Hope Dr is in the Cedar Park Ranchettes Lo 06 market where there are currently 176 active listings in 78613. The Keenan Group has completed 21 transactions in 78613 as part of 1,000+ career sales totaling $1B+ across Austin.
203 W New Hope Dr was built in 1973 (53 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.
1 event on record
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026 | — | $438,742 | $457,977 | $263,850 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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