1401 Medical Pkwy, Cedar Park, TX 78613 – Hospital

Institutional & Special Purpose BuildingsYear Built 2014Total Assessed Value $101,000,000County Williamson

Property Details

The Institutional & Special Purpose Buildings property 1401 Medical Pkwy, Cedar Park, TX 78613 is located in Williamson County. The specific property type is Hospital. The total assessed value of this property is $101,000,000.

The gross building area is 277,152 square feet and the land area is 1,972,832 square feet for this Hospital built in 2014.

Legal description: S11616 - Triad Sub Sec 1 (Blk A Lt 1 Replat), Block A, Lot 1A, Acres 45.29

$101,000,000

Market Value

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NOI

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Occupancy

Avg Rent

Property Image of 1401 Medical Pkwy, Cedar Park, TX 78613, Institutional & Special Purpose Buildings

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Property Information

Property TypeInstitutional & Special Purpose Buildings

Sub Property TypeHospital

Building Area277,152

Land Size1,972,832

Land Value$12,823,780

Improved Value$88,176,220

Total Assessed Value$101,000,000

Year Built2014

County NameWilliamson

Account NumberR565440

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

Roof TypeFlat

Type ConstructionOther

No of Stories4

Elevator

Sales History

10/30/2025

Arms-lengthNot Disclosed

Buyer

City Of Cedar Park

Seller

Cedar Park Health System Llc

Book Number

2025.86943

Recording Date

10/30/2025

Transaction Details

City Of Cedar Park acquired the property from Cedar Park Health System Llc through a Arms-length transaction on 10/30/2025 for .

10/30/2025

Arms-lengthNot Disclosed

Buyer

Frost Bank

Seller

Atx Northline Ltd

Book Number

2025.86955

Recording Date

10/30/2025

Transaction Details

Frost Bank acquired the property from Atx Northline Ltd through a Arms-length transaction on 10/30/2025 for .

Property constructed in 2014

YSale Price (USD) byXSales Year

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Mortgage History

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$13,464,579	$99,004,136	$112,468,715	$112,468,715	Cedar Park Health Sy...	14400 Metcalf Ave	S11616 - Triad Sub S...	L50Ph	W348	1,469,932	277,152
2025	$9,388,972	$88,176,220	$97,565,192	$97,565,192	Cedar Park Health Sy...	14400 Metcalf Ave	S11616 - Triad Sub S...	L50PH	W348	1,972,832	277,152
2024	$12,823,780	$94,176,220	$107,000,000	$107,000,000	Cedar Park Health Sy...	Attn Cp Hospital Gp ...	S11616 - Triad Sub S...	L50Ph	W348	1,972,832	277,152
2023	$11,326,885	$88,673,115	$100,000,000	$100,000,000	Cedar Park Health Sy...	Attn: Cp Hospital Gp...	S11616 - Triad Sub S...	L50PH	W348	1,972,832	277,152
2022	$7,545,740	$86,370,384	$93,916,124	$93,916,124	Cedar Park Health Sy...	Attn: Cp Hospital Gp...	S11616 - Triad Sub S...	L50PH	W348	1,972,832	277,152
2021	$5,804,415	$78,195,585	$84,000,000	$84,000,000	Cedar Park Health Sy...	C/o Cp Hospital Gp L...	S11616 - Triad Sub S...	L50PH	W348	1,972,832	277,152
2020	$5,514,194	$80,841,798	$86,355,992	$86,355,992	Cedar Park Health Sy...	4000 Meridian Blvd, ...	S11616 - Triad Sub S...	L50PH	W348	1,972,832	277,152
2019	$6,384,857	$78,277,881	$84,662,738	$84,662,738	Cedar Park Health Sy...	4000 Meridian Blvd, ...	S11616 - Triad Sub S...	L50PH	W348	1,972,832	277,152
2018	$6,152,680	$75,848,364	$82,001,044	$82,001,044	Cedar Park Health Sy...	4000 Meridian Blvd, ...	S11616 - Triad Sub S...	L50PH	W348	1,972,832	277,152

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
1401 Medical Pkwy, Cedar Park, TX 78613	R565440	Institutional & Special Purpose Buildings	Hospital	Cedar Park Health System Lp	Williamson	-	-	-	-	2014	277,152	-
3201 University Dr E, Bryan, TX 77802	106626	Institutional & Special Purpose Buildings	Hospital	3201 Univmob Mj Llc	Brazos	90.9	$ 22,266,274	2025-07-10	$ 167.42	1999	133,000	1
101circledr, Hillsboro, TX 76645	134230	Institutional & Special Purpose Buildings	Hospital	Mpt Of Hillsboro Lp	Hill	111.3	$ 13,086,143	2025-12-29	$ 47.84	2010	273,551	-
5601 Warren Pkwy, Frisco, TX 75034	2632288	Institutional & Special Purpose Buildings	Hospital	Frisco 5601 Mp Rk6, Llc	Collin	187.8	$ 115,000,000	2023-09-15	$ 690.47	2001	166,554	-
13600 La Grange Rd, Louisville, KY 40245	000900500000	Institutional & Special Purpose Buildings	Hospital	Vtr Mgs East Louisville Llc	Jefferson	887.3	$ 12,800,000	2024-05-28	$ 144.03	2012	88,872	-
8225 Whipps Mill Rd, Lyndon, KY 40222	002106020000	Institutional & Special Purpose Buildings	Hospital	Vtr Mgs Louisville Llc	Jefferson	880.7	$ 14,300,000	2024-05-28	$ 158.89	2009	90,000	-
709 Medical Center Blvd 74, Webster, TX 77598	0361730000015	Institutional & Special Purpose Buildings	Hospital	Tst Houston Ltach Llc	Harris	175.5	$ 29,792,000	2022-10-13	$ 342.48	1984	86,988	74
6201 N Suncoast Blvd, Crystal River, FL 34428	17E-17S-31-22400	Institutional & Special Purpose Buildings	Hospital	Tampa General Hospital Citrus	Citrus	922.3	$ 35,792,800	2023-11-27	$ 262.05	1978	136,589	-
7171 N Dale Mabry Hwy, Tampa, FL 33614	U28281816E000003000040	Institutional & Special Purpose Buildings	Hospital	University Community Hospital	Hillsborough	943.6	$ 20,725,000	2023-02-09	$ 66.56	2010	311,361	1
501 Fairburn Rd Sw, Atlanta, GA 30331	14F-0012- LL-040-8	Institutional & Special Purpose Buildings	Hospital	Arberg Properties Llc	Fulton	813.0	$ 2,125,000	2024-12-16	$ 19.81	1978	107,246	-
5469 Sw 34th St, Gainesville, FL 32608	07240-055-000	Institutional & Special Purpose Buildings	Hospital	Gainesville Va Partners Llc	Alachua	930.4	$ 44,806,100	2022-10-28	$ 408.22	2022	109,760	-

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	1401 Medical Pkwy, Cedar Park, TX 78613	—	-	1,972,832	2014	277,152	$ 101,000,000	$ 12,823,780	-
Regent Bank	205 Hollow Tree Ln, Houston, TX 77090	08/27/2025	$ 20,000,000	523,704	1986	83,001	$ 10,010,176	$ 3,665,928	205 Hollow Tree Lane Llc
Austin County State Bank	N Cummings St, Bellville, TX 77418	07/29/2025	$ 8,478,699	256,481	2015	30,113	$ 3,294,850	$ 276,100	Bellville Hospital District
Lonestar Finance And Lending I	7525 Scyene Rd, Dallas, TX 75227	07/22/2025	$ 400,000	318,859	1973	106,405	$ 2,113,150	$ 1,913,150	Texas Receivership Group Llc
Greenberg Finance Llc	16750 Red Oak Dr, Houston, TX 77090	06/16/2025	$ 17,500,000	173,195	2015	50,754	$ 14,437,446	$ 1,356,004	Medical Village Iii Llc
Us Small Business Admn	4422 Riverstone Blvd, Missouri City, TX 77459	05/19/2025	$ 1,419,900	182,952	2011	35,266	$ 7,800,000	$ 1,070,269	American Cornerstone Health Se
Texas Methodist Foundation	2601 Brushy Creek Rd, Cedar Park, TX 78613	05/13/2025	$ 3,400,000	190,793	0	0	$ 1,860,230	$ 1,860,230	Wells Branch Community Church
Berkadia Commercial Mtg Llc	3211 Harvey Rd, College Station, TX 77845	05/01/2025	$ 17,897,800	198,067	2018	74,952	$ 11,975,497	$ 1,159,148	Black Ink Sodalis Gan Holdings
First State Bank	4422 Riverstone Blvd, Missouri City, TX 77459	04/15/2025	$ 300,000	182,952	2011	35,266	$ 7,800,000	$ 1,070,269	American Cornerstone Health Se
Siemens Financial Services Inc	351 Seton Pkwy, Round Rock, TX 78665	03/26/2025	$ 16,400,000	179,337	2018	48,028	$ 14,084,331	$ 1,524,360	Scope Fn Round Rock Llc
5900 Interests Ltd	6011 W Sam Houston Pky S, Houston, TX 77072	03/03/2025	$ 33,490,575	38,999	2004	33,301	$ 9,241,764	$ 701,982	Manhattan Assets Llc

Mean$ 8,834,649

Median$ 4,563,250.0

Loan Amount Range$ 242,144 - $ 33,490,575

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
1401 MEDICAL PKWY STE 120, CEDAR PARK, TX 78613-5012	MOORE, FROSTY MD	5124391001	PHYSICIANS & SURGEONS
1401 MEDICAL PKWY STE 307, CEDAR PARK, TX 78613-5014	UROLOGY AUSTIN	5122601991	PHYSICIANS & SURGEONS
1401 MEDICAL PKWY STE 300-B, CEDAR PARK, TX 78613-5014	CHAD HARTMAN, AUBREY MD	5122605860	PHYSICIANS & SURGEONS
1401 MEDICAL PKWY STE 200, CEDAR PARK, TX 78613-5026	TEXAS ONCOLOGY CEDAR PARK	5122606050	DENTISTS
1401 MEDICAL PKWY STE 412, CEDAR PARK, TX 78613-5015	BALASUBRAMANIA, LAKSHMI MD	5122606050	PHYSICIANS & SURGEONS
1401 MEDICAL PKWY # 345, CEDAR PARK, TX 78613-7763	PAIN SPECIALISTS OF AMERICA	5129538137	PAIN CONTROL
1401 MEDICAL PKWY, CEDAR PARK, TX 78613-7464	SONIC HEALTHCARE	5124560973	LABORATORIES
1401 MEDICAL PKWY STE B-205, CEDAR PARK, TX 78613-5026	WILSON, LARRY D MD	5125287401	PHYSICIANS & SURGEONS
1401 MEDICAL PKWY, CEDAR PARK, TX 78613-7464	CEDAR PARK REGIONAL MED CTR	5125287000	HOSPITALS
1401 MEDICAL PKWY, CEDAR PARK, TX 78613-7464	CEDAR PARK REGL MED CTR	5125287110	EMERGENCY MEDICAL & SURGICAL SERVICE

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