| Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022 Central Texas MLS, All Rights Reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Cedar Park, Texas is one of Austin’s most popular and well-known suburbs. Known for its proximity to northwest Austin’s tech hub, excellent schools, and the H-E-B Center that hosts two professional sports teams, Cedar Park is one of the fastest-growing cities in the country. Show
Read Next: Pflugerville, TX: The Austin Suburb Gaining Attention At AQUILA, we make it our business to provide our readers with everything you need to know about the Austin-area real estate market. In this article, we guide you through everything you need to know about Cedar Park including:
Where is Cedar Park, Texas?Cedar Park is located approximately 16 miles northwest of Austin along US-183, north of Toll Road 45. Cedar Park is bordered by Leander to the north, Round Rock to the east, and Austin to the south. How big is Cedar Park?Cedar Park is the 7th fastest growing large city in the country (U.S. Census Bureau, 2019). Cedar Park takes up 22.85 square miles and, as of 2019, has a population of 78,693 people.  Cedar Park Town Center. Image courtesy of the City of Cedar Park.
What are the key demographics in Cedar Park?The majority of Cedar Park’s population is considered to be of working age with 62.7% of the population aged 18 to 65 and the median age being 35. Age of Cedar Park Population< 18 Years of Age27.8%18-65 Years of Age62.7%> 65 Years of Age9.5%Source: U.S. Census Bureau The vast majority of Cedar Park’s residents have at least a high school education with 96.3% of the population aged 25 and older having a high school diploma or higher, higher than both the city of Austin and the state of Texas. Additionally, 49.2% of the population aged 25 and older hold a bachelor’s degree or higher, slightly lower than the city of Austin and much higher than the state of Texas. The median household income in Cedar Park is $108,194, well over the US average of $64,994. Cedar Park Demographics Compared to Austin and TexasCedar Park, TXAustin, TXState of TexasHigh school graduate or higher (Age 25+)96.3%90.3%84.4%Bachelor’s degree or higher (Age 25+)49.2%53.4%30.7%Median Household Income$108,194$75,752$63,826Source: U.S. Census Bureau Cedar Park’s residents are almost evenly split between married and single. Of Cedar Park residents 56.6% are married, 29% are never married, 4.1% are widowed, and 10.3% have been divorced. The average commute to work for residents of Cedar Park is 27.8 minutes, almost identical to the U.S. average of 26.9 minutes.
What makes Cedar Park an attractive place for people to live?Cedar Park’s reputation of having a strong local economy, the city’s proximity to Austin, the excellent reputation of its school district, and its relatively affordable housing options, make it an attractive destination for people looking to live in the Austin area. Opportunities in the Tech IndustryA major highlight of Cedar Park is its proximity to one of Austin’s major tech hubs. Just a few minutes down US-183 from Cedar Park in northwest Austin are both The Domain, where companies like Facebook, Amazon, Indeed, and more occupy entire office buildings, and a variety of major tech campuses including 7700 Parmer (where Paypal, eBay, EA and Google all office) and Apple’s new campus. Many areas within Williamson County, including Cedar Park, are growing as these tech employees move in, build their careers, and start their families. Schools in Cedar ParkCedar Park offers exceptional educational opportunities. All K-12 schools are part of the Leander Independent School District (LISD). Leander ISD was named the 2016 HEB Excellence in Education Large District Award Winner for its commitment to student achievement, community involvement, and professional development opportunities for educators. The school district also holds an A+ rating and is ranked the best school district in Williamson County by Niche.com. Cedar Park High School in particular also excels in sports. Individuals and teams at Cedar Park High School have placed as semifinalists and above in athletics at UIL state-level competitions every year since the 2010 – 2011 school year Housing Prices in Cedar ParkAccording to Redfin, the median sale price of a home in Cedar Park is $561,250 while the median sale price of a home in Austin is $577,500. Median Housing PricePrice per SFCedar Park, TX$561,250$256Austin, TX$577,500$346State of Texas$400,000$182Source: Redfin, August 2022
What is there to do in Cedar Park, Texas?H-E-B Cedar Park CenterThe H-E-B Cedar Park Center is one of the highlights of entertainment in both Cedar Park and the Austin area. The arena holds 150 events each year including sporting events, concerts, and live performances. The Texas Stars, part of the American Hockey League and affiliates of the Dallas Stars NHL hockey team, play all of their home games at the arena. Additionally, the Austin Spurs, an NBA G League affiliate of the San Antonio Spurs basketball team, play here each year. H-E-B Cedar Park Center. Image courtesy of the City of Cedar Park. Lake TravisAnother unique feature of Cedar Park is its proximity to Lake Travis. Cedar Park is about 10 miles from Lake Travis and offers a variety of parks and attractions to enjoy the lake and beautiful Hill Country views. One popular way to enjoy the lake is with Lake Travis Zipline Adventures (LTZA). LTZA offers a tour with five zip lines, including three of the longest and fastest ziplines in Texas. Parks and TrailsCedar Park is also known for its abundance of parks and natural attractions. It’s home to 1,000 acres of park space and 30 miles of trails for residents and visitors to enjoy. One of the most popular natural attractions is the Brushy Creek Regional Trail, a 7.75-mile trail with scenic views you can enjoy while walking, jogging, or biking. Brushy Creek Regional Trail. Image courtesy of the City of Cedar Park.
What kind of businesses are located in Cedar Park, Texas?Cedar Park’s top employers include industries such as advanced manufacturing, software, biotech, and oil exploration. Companies like CoreSlab Structures, a concrete manufacturer, and National Oilwell Varco, a drilling equipment manufacturer, are examples of the many industrial businesses contributing to Cedar Park’s strong local economy. Cedar Park’s proximity to the tech hub in northwest Austin has drawn many tech-related businesses to the area. Companies like Corvalent, a computer hardware equipment supplier, and MagRabbit, a software development firm, are establishing a tech presence in Cedar Park. Tourism is another prevalent industry in Cedar Park. People come from all over to see the Texas Stars hockey team, Austin Spurs basketball team, and performances from artists like George Strait at the H-E-B Cedar Park Center. The city-owned entertainment and sports facility has set the stage for many visitor accommodations like restaurants and hotels to flourish. In 2019, the leading industries in Cedar Park were retail, healthcare, accommodations and food services, and education. Retail destinations like Lakeline Mall and Lakeline Plaza demonstrate strong retail and accommodations demand.
What are the main reasons tenants choose to locate their businesses in Cedar Park, Texas?Abundant TalentOne factor that draws many businesses to Cedar Park is the talented and highly skilled pool of employees. Residents are highly educated with almost half the population having earned a bachelor’s degree or higher. According to the U.S. Census Bureau, of all residents aged 25 years old and older, 49.2% earned a bachelor’s degree or higher. In addition, residents have a median annual income of $108,194 and an unemployment rate of 3.1%. This is an indicator that Cedar Park is home to a talented workforce and an abundance of potential customers with disposable income. Incentives AvailableBusinesses are also choosing Cedar Park because of its business-friendly climate. The City of Cedar Park offers low sales taxes and aid and development programs for businesses. And the Chamber of Commerce offers resources, advocacy, and connections for the vibrant community of local businesses.
Who are the largest tenants in Cedar Park, Texas?A majority of Cedar Park’s largest tenants are industrial and retail businesses. James Avery’s headquarters at The Artisan at James Avery Plaza (outlined in detail in the next section) will be one of the largest office tenants when their space delivers. Industrial Tenants in Cedar ParkTenantSquare Footage OccupiedPropertyNational Oil Well Varco LP201,9001200 Cypress Creek RdETS Lindgren118,000La Jaita Business ParkBMC109,5201920 Whitestone BlvdHyliion83,470Brushy Creek Corporate CenterMSB Holdings30,000Scottsdale CrossingTexas Materials29,000La Jaita Business ParkCRH Americas Materials Inc28,254La Jaita Business ParkEvets Global Co26,908Brushy Creek Corporate Center Retail Tenants in Cedar ParkTenantSquare Footage OccupiedPropertyDillard’s213,61111200 Lakeline Mall DrMacy’s179,84911200 Lakeline Mall DrWalmart177,401201 Walton WayTarget163,8421890 RanchHome Depot146,070Whitestone MarketChaparral Ice120,000The Crossover
What are the largest properties in Cedar Park, Texas?Large Industrial Space in Cedar ParkThe Brushy Creek Corporate Center is one of the largest industrial properties in Cedar Park. Buildings 1 and 2 have a combined rentable building area of 231,030 square feet. The property is located on a 16-acre site on 1200 BMC Drive with easy access to TX-45 and US 183 highways. The property has emerged as an R&D hub, with a tenant list including Evets Global Co., a semiconductor refurbishment company; Hyliion, a hybrid truck manufacturer; and AMT Inc, a manufacturer of 3D printing technology. Large Office Space in Cedar ParkThe Artisan at James Avery Plaza is home to James Avery’s second headquarters and has a total of 16,084 square feet of space. The building is located at 6300 183A Toll Road, close to many popular restaurants and retail. The Artisan at James Avery Plaza. Cross Creek Landing, a 63,000-square-foot office development, is proposed along Whitestone Boulevard just east of US-183A. A majority of the other existing large office spaces in Cedar Park are medical office buildings.
ConclusionCedar Park is a fast-growing Austin suburb that offers multiple advantages for families and businesses alike. For those who want access to Austin and all the benefits of a small close-knit community, Cedar Park is the perfect place for your company and employees. Is Cedar Park cheaper than Austin?Cheapest Places to Live in Texas: Cedar Park
Cedar Park may be slightly more expensive than some of the other cities on our list, but with good reason. This family-friendly city is just a few miles from the fun of downtown Austin, but prices are just a fraction of what they would be in Austin.
Is Cedar Park TX A good place to live?The U.S. Census Bureau ranked Cedar Park as one of the country's fastest-growing cities — and for good reasons. It offers a relatively low cost of living, plus a low crime rate that's roughly 25% of the state average. High standards are at the heart of daily life for Cedar Park families.
Is Cedar Park considered Austin?Cedar Park is a city and a major suburb of Austin in the state of Texas, approximately 16 miles (26 km) to the north-west of the center of Austin.
What is Cedar Park Texas known for?Cedar Park, Texas is one of Austin's most popular and well-known suburbs. Known for its proximity to northwest Austin's tech hub, excellent schools, and the H-E-B Center that hosts two professional sports teams, Cedar Park is one of the fastest-growing cities in the country.
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Cedar Park, TX to Austin TX
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