Market Overview for Park Place
There are 1 active listings in Park Place with a median list price of $475K and a median sold price of $350K.
Homes average 39 days on market.
Over the past 30 days, 0 homes have sold, with 14 sales in the past 12 months.
The average price per square foot is $279.
About Park Place
Park Place is an established residential subdivision in central Cedar Park, Texas, located off Park Street and Bell Boulevard in Williamson County. The community has a population of approximately 951 residents, with a median age of 34 and a median household income of $105,451 according to census-derived data. Homes in Park Place include a mix of single-story and two-story floor plans built during Cedar Park's growth phase in the late 1990s and 2000s. The neighborhood is positioned away from Cedar Park's major commercial corridors, which gives it a set-back, residential feel despite being centrally located within the city. Cedar Park's population has grown from roughly 48,000 in 2010 to over 80,000 by 2023, and Park Place's central location has kept it within easy reach of the retail and services that have expanded along US 183 and Whitestone Boulevard.
Leander Independent School District serves Park Place. Charlotte Cox Elementary and Reed Elementary are the closest elementary campuses, both within minutes of the subdivision. Artie L. Henry Middle School is the primary middle school for the neighborhood, enrolling approximately 1,000 students in grades 6 through 8. A small number of Park Place households fall within the Cedar Park Middle School attendance zone, which enrolls students in the same grade range. Cedar Park High School, established in 1998 as Leander ISD's second high school to accommodate rapid growth, serves as the primary high school for the area. Located at 2150 Cypress Creek Road, Cedar Park High enrolls approximately 1,937 students and offers AP courses, Project Lead the Way STEM curriculum, and a Gifted and Talented program. The school's marching band has won seven state titles, tied for second most in Texas history. Leander ISD covers 200 square miles across Cedar Park, Leander, portions of Georgetown, Jonestown, Round Rock, and northwest Austin.
Park Place Park serves as the subdivision's central green space, featuring a playground, picnic area with tables, basketball court, and open green space for informal recreation. Walking trails wind through the park, providing a route for morning jogs and evening walks without leaving the neighborhood. The community's central Cedar Park location places it within a short drive of Brushy Creek Lake Park, a 90-acre park with a 38-acre lake, 1.1-mile paved trail, disc golf course, volleyball courts, fishing access, and a rock-climbing wall. The Brushy Creek Regional Trail, stretching 6.75 miles from Cedar Park to Round Rock, connects several parks and provides a continuous paved path for cyclists, joggers, and families. The Cedar Park Sculpture Garden, an outdoor public art installation, adds a free cultural attraction within city limits.
Cedar Park's economy has diversified beyond its residential-suburb roots. Firefly Aerospace has its headquarters in Cedar Park and manufactures space launch vehicles with contracts from NASA and Northrop Grumman, having expanded its facility outside the city in 2024. Enovis, a medical technology company, announced a $25.5 million expansion with a 100,000-square-foot manufacturing facility in Cedar Park's New Hope development, bringing at least 162 new jobs. Cedar Park Regional Medical Center, a 93-bed hospital, provides emergency, surgical, and inpatient care and employs hundreds of healthcare workers. ETS-Lindgren, a manufacturer of electromagnetic shielding and test systems, operates in Cedar Park as well. The 1890 Ranch shopping center on Whitestone Boulevard offers over 80 stores and restaurants including Target, Academy, H-E-B, and a 12-screen Cinemark theater. The H-E-B Center at Cedar Park, an 8,700-seat multi-use arena, hosts the Texas Stars AHL hockey team, concerts, and family events throughout the year.
Living in Park Place
Park Place's central Cedar Park location balances residential quiet with access to the city's expanding commercial base. The subdivision's position off Bell Boulevard and Park Street keeps through-traffic to a minimum, while H-E-B, Randalls, and Target on Whitestone Boulevard and US 183 are within a five- to ten-minute drive for grocery shopping and daily errands. Dining options range from chains along US 183 to locally owned restaurants scattered around Bell Boulevard and the downtown Cedar Park area. Park Place Park's playground, basketball court, and trails handle routine outdoor activity for families without requiring a drive to a larger facility, though Brushy Creek Lake Park's 90 acres and the 6.75-mile Brushy Creek Regional Trail are available for longer outings.
The median age of 34 in Park Place suggests a resident base of younger families and working-age adults, and Leander ISD's school presence — with Cox and Reed Elementary, Henry Middle, and Cedar Park High all within minutes — supports that demographic. Cedar Park High's 1,937-student enrollment and seven state marching band titles reflect both the school's size and its extracurricular investment. Commuters heading south to Austin can take US 183 or the 183A Toll Road, reaching downtown in 25 to 35 minutes. The Capital Metro Red Line station in Leander is approximately 10 minutes north for those preferring rail transit. Cedar Park's economic growth, led by Firefly Aerospace's expansion and Enovis's new facility, has added technical and manufacturing jobs that did not exist in the city a decade ago, reducing the commute burden for residents who can work locally. The H-E-B Center at Cedar Park adds an entertainment anchor with AHL hockey, concerts, and community events, giving the city a venue that draws attendees from across the metro.
Things to Do in Park Place
- Brushy Creek Lake Park: 90-acre park with a 38-acre lake, 1.1-mile paved trail, disc golf course, volleyball courts, rock-climbing wall, and fishing access. Open dawn to dusk. Free entry.
- H-E-B Center at Cedar Park: 8,700-seat arena hosting Texas Stars AHL hockey, concerts, and family events year-round. Ticket prices vary by event.
- Park Place Park: Neighborhood park with playground, picnic area, basketball court, and walking trails. Open daily. Free.
- Brushy Creek Regional Trail: 6.75-mile paved trail connecting Cedar Park to Round Rock through six parks. Cycling, jogging, and dog walking. Free.
- 1890 Ranch Shopping Center: Over 80 stores and restaurants on Whitestone Boulevard including Target, Academy, H-E-B, and a 12-screen Cinemark theater.
- Cedar Park Sculpture Garden: Outdoor public art installation with rotating sculpture exhibits along walking paths. Free admission.
Major Employers in Park Place
- Firefly Aerospace (Aerospace): Headquartered in Cedar Park. Designs and manufactures space launch vehicles with NASA and Northrop Grumman contracts. Expanded manufacturing facility in 2024.
- Enovis (Medical Technology): Billion-dollar company with $25.5 million expansion in Cedar Park: 100,000-square-foot manufacturing facility bringing 162+ new jobs.
- Cedar Park Regional Medical Center (Healthcare): 93-bed hospital providing emergency, surgical, and inpatient care. One of Cedar Park's largest employers.
- ETS-Lindgren (Manufacturing): Manufactures electromagnetic shielding and test systems. Operates facilities in Cedar Park.
Park Place Schools
Park Place is served by Leander Independent School District, which covers 200 square miles across Cedar Park, Leander, and surrounding communities. LISD has earned consistently strong accountability ratings from the Texas Education Agency.
School District: Leander ISD
Public Schools
- Charlotte Cox Elementary - Located in Cedar Park. Ranks in the top 25% of Texas elementary schools. Part of Leander ISD, serving grades K-5.
- Reed Elementary - Located in Cedar Park. Serves a portion of the Park Place area in grades K-5.
- Artie L. Henry Middle School - Primary middle school for Park Place. Approximately 1,000 students in grades 6-8.
- Cedar Park Middle School - Serves a small portion of Park Place households in grades 6-8.
- Cedar Park High School - Located at 2150 Cypress Creek Road. Approximately 1,937 students. Established 1998. AP courses, PLTW, Gifted and Talented. Marching band has won 7 state titles.
Pre-Schools
- The Goddard School of Cedar Park - COGNIA-accredited preschool and childcare in Cedar Park. Programs for infants through school-age with STEAM education focus.
- Cadence Academy Preschool - Located near Gupton Stadium at Vista Ridge Boulevard and East Park Street in Cedar Park. Infants through school-age.
- Cedar Park Montessori School - Internationally recognized by the Association Montessori International. Operating since 1987. Programs for toddlers through kindergarten.
Frequently Asked Questions
What school district serves Park Place in Cedar Park?
Park Place is served by Leander Independent School District. Students attend Cox or Reed Elementary, Artie L. Henry or Cedar Park Middle School, and Cedar Park High School.
What is the median household income in Park Place Cedar Park?
The median household income in Park Place is approximately $105,451, with a median age of 34. The neighborhood has about 951 residents.
How far is Park Place from downtown Austin?
Park Place is approximately 25 to 35 minutes from downtown Austin via US 183 or the 183A Toll Road. The Capital Metro Red Line station in Leander is about 10 minutes north.
What parks are near Park Place Cedar Park?
Park Place has its own neighborhood park with a playground and basketball court. Brushy Creek Lake Park (90 acres) and the 6.75-mile Brushy Creek Regional Trail are nearby.
What are the major employers in Cedar Park?
Firefly Aerospace (rocket manufacturing), Enovis (medical devices), Cedar Park Regional Medical Center, and ETS-Lindgren (electromagnetic shielding) are among the city's largest employers.
Does Park Place Cedar Park have an HOA?
Park Place has a homeowners association that manages common areas and community amenities. Contact the Park Place HOA directly for current dues and community guidelines.