203 W NEW HOPE DRIVE, CEDAR PARK, TX 78613
Homes for sale in Cedar Park.
Homes for sale in 78613.
List Price$800,000
203 W New Hope Drive
Cedar Park, TX 78613
Listing #2776222
1,600
Square Feet
Commercial
Type
About This Property
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 Features
Location Information
County
Williamson
Subdivision
Cedar Park Ranchettes Lo 06
County
Williamson
Directions
From 183 go west on New Hope Dr and property will be on right hand side of road just past Bell Blvd.
Area
CLN
Interior Features
Heating
None
Disabled Features
None
Floors
Vinyl
Accessibility
None
Exterior Features
Style
Wood Siding
Water
Public
Is New Construction
No
Parking Description
Asphalt, On Site, Off Street, Outside, Paved, Parking Lot
Construction/Exterior
Wood Siding
Lot Size in Acres
0.453
Foundation
Slab
Buildings
1
Possession
Closing & Funding, Close Of Escrow
Has Waterfront
No
Water / Sewer
Public Sewer
Additional Information
Other Utilities
Above Ground Utilities, Electricity Connected, Sewer Connected, Water Connected
APN
17W318000000380010
Property Type
COM
Status
Active
Property SubType
Business
Documents Available
Aerial, Survey
Year Built
1973
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Mortgage Calculator
$3,734
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,882
Monthly Tax
$666
Monthly Insurance
$186
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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