+1(512) 294-8802 john@johnunderwoodaustin.com
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203 W New Hope DR Cedar Park, TX 78613

Active Under Contract

UPDATED:

$ 800,000
203 W New Hope DR Cedar Park, TX 78613
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203 W New Hope DR, Cedar Park, TX 78613
203 W New Hope DR, Cedar Park, TX 78613
203 W New Hope DR, Cedar Park, TX 78613
203 W New Hope DR, Cedar Park, TX 78613
203 W New Hope DR, Cedar Park, TX 78613
203 W New Hope DR, Cedar Park, TX 78613
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John Underwood

John Underwood

john@johnunderwoodaustin.com +1(512) 294-8802
$ 800,000
Est. payment | /mo

1,600 SqFt


Save
$ 800,000
Est. payment | /mo
Save

1,600 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,600 sqft

Price per Sqft $500

Subdivision Cedar Park Ranchettes Lo 06

MLS Listing ID 2776222

Year Built 1973

Annual Tax Amount $7,196

Tax Year 2025

Lot Size 0.453 Acres

Acres 0.4534

Property Sub-Type Business

Source actris

Property Description

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.

Location

State TX

County Williamson

Interior

Heating None

Cooling Central Air

Flooring Vinyl

Fireplace No

Exterior

Utilities Available Above Ground, Electricity Connected, Sewer Connected, Water Connected

Total Parking Spaces 50

Private Pool No

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Wood Siding

New Construction No

Others

Special Listing Condition Standard

Listed by New Hope Realty Group

Nearby Locations

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John Underwood
John Underwood

REALTOR® Lic# 811076

john@johnunderwoodaustin.com

+1(512) 294-8802

9600 Great Hills Trl, Ste 150W, Austin, TX 78759, USA

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203 W New Hope DR

IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

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eXp Realty, LLC

John Underwood Lic# 811076

+1(512) 294-8802 john@johnunderwoodaustin.com

9600 Great Hills Trl, Ste 150W, Austin, TX 78759, USA

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