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1403 W New Hope Dr - 5.2 Acres on W. New Hope 5.2 Acres of Commercial Land Offered at $4,326,234 CAD in Cedar Park, TX 78613
Investment Highlights
- Located in one of the fastest-growing areas of Central Texas
- New construction ranging from retail and medical offices to high-end residential developments
Executive Summary
Investor Sales Notes – 1403 W New Hope Dr, Cedar Park
Exceptional Location: Positioned on W New Hope Dr in Cedar Park, this property lies at the center of one of Central Texas’ fastest-growing suburban markets. High visibility and strong traffic counts make it ideal for future commercial use.
Development Momentum: The surrounding area is undergoing a major transformation, with active residential subdivisions, new commercial builds, and infrastructure upgrades. This corridor is quickly becoming a high-demand development zone.
Blank-Slate Opportunity: This vacant parcel provides a rare canvas for investors or developers to shape a project tailored to the market—whether for retail, medical, office, or other commercial/mixed-use development.
Strong Demographic Profile: Cedar Park is known for its affluent and growing population, strong schools, and proximity to Austin, making it a top destination for families and professionals. Long-term appreciation potential is substantial.
Ideal Access & Visibility: Located near the intersection of New Hope Dr and other major roadways with easy access to 183A, this site benefits from both commuter and local traffic. The surrounding anchors include H-E-B, Costco, major medical centers, and lifestyle centers like The Parke.
Investment Appeal: With limited infill parcels available in this part of Cedar Park, the property is positioned for h
Exceptional Location: Positioned on W New Hope Dr in Cedar Park, this property lies at the center of one of Central Texas’ fastest-growing suburban markets. High visibility and strong traffic counts make it ideal for future commercial use.
Development Momentum: The surrounding area is undergoing a major transformation, with active residential subdivisions, new commercial builds, and infrastructure upgrades. This corridor is quickly becoming a high-demand development zone.
Blank-Slate Opportunity: This vacant parcel provides a rare canvas for investors or developers to shape a project tailored to the market—whether for retail, medical, office, or other commercial/mixed-use development.
Strong Demographic Profile: Cedar Park is known for its affluent and growing population, strong schools, and proximity to Austin, making it a top destination for families and professionals. Long-term appreciation potential is substantial.
Ideal Access & Visibility: Located near the intersection of New Hope Dr and other major roadways with easy access to 183A, this site benefits from both commuter and local traffic. The surrounding anchors include H-E-B, Costco, major medical centers, and lifestyle centers like The Parke.
Investment Appeal: With limited infill parcels available in this part of Cedar Park, the property is positioned for h
Property Facts
1 Lot Available
Lot
| Price | $4,326,234 CAD | Lot Size | 5.20 AC |
| Price Per AC | $831,968.15 CAD |
| Price | $4,326,234 CAD |
| Price Per AC | $831,968.15 CAD |
| Lot Size | 5.20 AC |
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 pr
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Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | R031791 | Improvements Assessment | $0 CAD |
| Land Assessment | $2,017,404 CAD | Total Assessment | $2,017,404 CAD |
Property Taxes
Parcel Number
R031791
Land Assessment
$2,017,404 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,017,404 CAD
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1403 W New Hope Dr - 5.2 Acres on W. New Hope
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