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$3,036,315 Just Listed
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Property Description
1602 Medical Parkway offers investors a modern, freestanding office building totaling 8,553 SF and completed in 2015. Designed for long-term functionality and appeal, the property presents a clean, efficient layout suited for a wide range of office users. The building is served by a convenient surface parking lot, enhancing accessibility for tenants, clients, and staff. With newer construction and a stand-alone presence, this asset provides an attractive opportunity for an investor seeking a low-maintenance office property with strong usability and enduring marketability. Its thoughtful design and professional setting make it well positioned for stable occupancy and long-term value.
Full Property Details
Full Property Details for 1602 Medical Pkwy
General
- Price: $3,036,315
- Taxes: (2017)
- Status: Active
- Type: Commercial Institutional
- Source: Austin_MLS
- MLS ID: 8382228
- Updated: Today (10/21/2026)
- Added to Site: Today
Business
- Business Type: Education/School
Rental Information
- Lease Info: NNN
Interior
- Flooring: Laminate, See Remarks, Vinyl
Additional Information
- Security/Safety: None
Parking
- Total Spaces: 42
- Parking Features: On Site
Location
- Area: CLN
- County: Williamson
- Subdivision: Creek Bus Park Sec 2
- Driving Directions: FM1431/Whitestone Blvd to Cottonwood Creek Trail, RT on Medical Parkway, RT at circle, Building will be on the left (behind Dairy Queen).
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: Electric
Utilities
- Sewer: Public Sewer, See Remarks
- Water: Public, See Remarks
- Utility Description: Electricity Available, Phone Available, See Remarks
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: See Remarks, Synthetic Stucco
- Stories/Levels: 1
- Square Feet: 8,553
- Sq. Ft. Source: Public Records
- Year Built: 2015
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 1.923
- Lot Size (Sq. Ft.): 83,765.88
- Lot Size Source: Public Records
Financial Considerations
- Tax Year: 2017
- Terms: Cash, Conventional, SBA Type Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: See Remarks
- Legal Description: S9573 - COTTONWOOD CREEK BUSINESS PARK SEC 2(LTS 3-6 REPLAT), LOT 5-B, ACRES 1.923
- Disclosures/Reports: See Remarks
- Property ID: 17W32130200005B005
- Lot Number: 5
Listed by Lezlie Tram Realty, LLC
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Schools
Schools serving 1602 Medical Pkwy
School District:Leander Independent School District
| Name | Grades | Distance |
|---|---|---|
Block House Creek Elementary School 401 Creek Run Drive, Leander, TX 78641 | K-5 | 1.8 mi |
Pleasant Hill Elementary School, Leander, TX 1800 Horizon Park Boulevard, Leander, TX 78641 | PK-5 | 2.7 mi |
Patricia Knowles Elementary School 2101 Cougar Country Dr, Cedar Park, TX 78613 | K-5 | 3.6 mi |
Artie L Henry Middle School 100 North Vista Ridge Boulevard, Cedar Park, TX 78613 | 6-8 | 1.2 mi |
Vista Ridge High School 200 S Vista Rdg, Cedar Park, TX 78613 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1602 Medical Pkwy
Date
Details
Price
Change
Source
10/21/2026
Listed
$3,036,315
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1602 Medical Pkwy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$57,530
4%
$3,484,800
19%
2023
$55,312
—
$2,917,019
4%
2023
$55,312
17%
$2,805,247
36%
2022
$47,363
-2%
$2,063,574
—
2021
$48,126
12%
$2,063,574
17%
2020
$43,125
-1%
$1,760,262
-4%
2020
$43,445
-4%
$1,839,209
4%
2018
$45,128
6%
$1,774,724
7%
2017
$42,468
2%
$1,661,039
3%
2016
$41,591
327%
$1,611,906
329%
2015
$9,750
1%
$375,942
2%
2013
$9,613
—
$368,570
—
2014
$9,613
—
$368,570
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1602 Medical Pkwy
1602 Medical Parkway, Cedar Park, TX 78613 (MLS# 8382228) is a Commercial Institutional property. 1602 Medical Parkway is currently listed for $3,036,315 and was received on October 21, 2026. Want to learn more about 1602 Medical Parkway? Do you have questions about finding other Commercial Institutional real estate for sale in Cedar Park? You can browse all Cedar Park real estate or contact a Coldwell Banker agent to request more information.

