Park Place was built over a few decades, and most of the homes were built in the mid 1990s by Wilshire Homes. Homes range from 1,100 to 3,100 square feet, with a median of 1,542 square feet. Many homes have open floor plans and more and larger windows than homes built today, which brings in natural light. Lots average around 0.275 acres. The neighborhood has mature trees and access to 183. There is no HOA in Park Place, and a park and a hike and bike trail are within walking distance. For more affordable options, see our Top 10 Affordable Cedar Park Neighborhoods with the Best Schools. Scroll Down to Read Our Park Place Neighborhood Guide.
Park Place Homes for Sale
SEARCH ALL PARK PLACE HOMES FOR SALENo Email Required! Park Place Neighborhood Map
Park Place is located off E Park St just west of 183A. Park Place is shaded in purple on the map below. Explore other Cedar Park neighborhoods in our Cedar Park Neighborhood Guide. Scroll down to continue reading our Park Place neighborhood guide.
Park Place Amenities
There is no HOA in Park Place and is actually one of the few neighborhoods where you can find a Wilshire Home not in an HOA. Though there is no HOA to maintain a community pool, there is a park and hike and bike trail within walking distance. If you're looking for a pool, there are several public pools in Cedar Park and Round Rock.
Park Place Photos
Park Place Property Tax Rate
The property tax rate of Cedar Park's Park Place neighborhood is 1.9811% as of the 2025 tax year, up from 1.9682% as of the 2024 tax year. It was 1.9718% as of the 2023 tax year, down from 2.1564% as of the 2022 tax year. The property tax rate was 2.3321% as of the 2021 tax year.
Park Place Schools
Homes in Cedar Park's Park Place neighborhood are zoned to the Leander ISD, and students will likely attend the following schools:
- Reed Elementary - 5/10
- Henry Middle - 8/10
- Vista Ridge High - 8/10
School ratings reflect Great Schools ratings as of November 2026. Ratings are subject to change at any time. Please verify ratings and boundaries with the school district.
Pros and Cons of Living in Park Place
Pros
- Home sizes: Homes range from 1,100 to 3,100 square feet, with a median of 1,542. Homes sold in the past 12 months had 3 to 4 bedrooms and 2 to 4 bathrooms and a median size of 1,679 square feet.
- Floor plans: Many homes have open floor plans, which were less common when most homes were built in the mid 1990s.
- Natural light: Many homes have more and larger windows than homes built today.
- Lots: Lots average around 0.275 acres.
- No HOA: There is no HOA in Park Place. It is one of the few neighborhoods where Wilshire Homes are not in an HOA.
- Outdoor access: A park and a hike and bike trail are within walking distance.
- Location: The neighborhood is off E Park St just west of 183A, with mature trees and access to 183.
- Schools: Zoned to Leander ISD schools: Reed Elementary (5/10), Henry Middle (8/10), and Vista Ridge High (8/10).
Cons
- The 2025 property tax rate was 1.9811%, up from 1.9682% in 2024.
- There is no community pool. Public pools are available in Cedar Park and Round Rock.
- Most homes were built in the mid 1990s.
- Homes are smaller than many homes in Cedar Park, with a median size of 1,542 square feet.
- The median sale price declined from $460,000 in 2022 to $391,500 in 2024, then was $402,500 in 2025 and $374,950 in 2026 so far.
Who it fits: Park Place fits buyers who want a neighborhood with no HOA, open floor plans and large windows, lots averaging around 0.275 acres, access to 183, and Leander ISD zoning. Who should look elsewhere: Buyers who want a community pool, homes larger than 3,100 square feet, or newer construction may want to look at other Cedar Park neighborhoods.
Frequently Asked Questions About Park Place
No. Park Place does not have a community pool.
No. There is no HOA in Park Place. It is one of the few neighborhoods where Wilshire Homes are not in an HOA.
Park Place is zoned to Leander ISD. Students will likely attend Reed Elementary (5/10), Henry Middle (8/10), and Vista Ridge High (8/10).
The property tax rate in Park Place was 1.9811% as of the 2025 tax year, up from 1.9682% as of the 2024 tax year. It was 1.9718% as of the 2023 tax year, down from 2.1564% as of the 2022 tax year. The rate was 2.3321% as of the 2021 tax year. Confirm the current rate with the Williamson County tax office before making an offer.
The median sale price in Park Place over the past 12 months was $374,950 across 14 sales, with prices from $240,000 to $524,000 and a median of $215 per square foot. The median sale price was $460,000 in 2022, $415,000 in 2023, $391,500 in 2024, and $402,500 in 2025. Years with 5 or fewer sales may not reflect the full range of homes in the neighborhood.
Homes in Park Place that sold in the past 12 months had a median of 23 days on the market and a 98% sale-to-list ratio, based on 14 sales. Median days on market was 6 in 2022, 9 in 2023, 9 in 2024, and 23 in 2025. Years with 5 or fewer sales may not reflect the full range of homes in the neighborhood.
Park Place is located off E Park St just west of 183A in Cedar Park.
Park Place Sold Data - What Park Place Homes Actually Sold For
What sold recently in Park Place and for how much? Where can I find pictures of homes that actually sold? How many days does it take to sell a home in Park Place? How many homes are currently for sale in Park Place? What’s the median sold price in Park Place? What does the 90 day historic market trend look like in Park Place? How’s the Park Place market trending?
All of these questions (and more!) can be answered on our Park Place Sold Data Report.
Park Place Market Stats — 12 Months (10/1/2025 – 9/30/2026)
| Homes Sold | 14 |
| Bed / Bath Range | 3–4 beds, 2–4 baths |
| Median Sale Price | $374,950 |
| Price Range | $240,000 – $524,000 |
| Median Price Per Sq Ft | $215 |
| Median Home Size | 1,679 sq ft |
| Median Days on Market | 23 days |
| Sale-to-List Ratio | 98% |
Data sourced from Unlock MLS. 12 months ending September 2026. Statistics deemed reliable but not guaranteed.
Park Place Home Price History
Curious how home prices in Park Place have trended? Here’s a five-year look at closed sales from 2022 through 2026 year-to-date.
Years with 5 or fewer sales may not reflect the full range of homes in the neighborhood.
| Year | Homes Sold | Median Sale Price | YoY | Price Range | Median $/SqFt | Median Home Size | Median Beds/Baths | Median DOM | Sale-to-List |
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 21 | $460,000 | — | $350,000–$584,000 | $282 | 1,716 sq ft | 3bd/2ba | 6 days | 101% |
| 2023 | 7 | $415,000 | ▼ 9.8% | $385,000–$509,000 | $256 | 1,550 sq ft | 3bd/2ba | 9 days | 100% |
| 2024 | 4 | $391,500 | ▼ 5.7% | $298,000–$410,000 | $233 | 1,620 sq ft | 3bd/2ba | 9 days | 96% |
| 2025 | 10 | $402,500 | ▲ 2.8% | $275,000–$524,900 | $237 | 1,454 sq ft | 3bd/2ba | 23 days | 100% |
| 2026 YTD | 14 | $374,950 | ▼ 6.8% | $240,000–$524,000 | $211 | 1,679 sq ft | 3bd/2ba | 22 days | 98% |
Data sourced from Unlock MLS (ACTRIS). 2026 figures reflect year-to-date sales through 10/13/2026. Year-over-year change is calculated against the most recent prior year with recorded sales. Statistics deemed reliable but not guaranteed.
Park Place Days on Market Trend
How fast are Park Place homes selling? Here’s a five-year look at how long homes sat on the market before going under contract, from 2022 through 2026 year-to-date.
| Year | Homes Sold | Median Days on Market | Avg Days on Market |
|---|---|---|---|
| 2022 | 21 | 6 days | 31 days |
| 2023 | 7 | 9 days | 34 days |
| 2024 | 4 | 9 days | 18 days |
| 2025 | 10 | 23 days | 31 days |
| 2026 YTD | 14 | 22 days | 40 days |
Data sourced from Unlock MLS (ACTRIS). 2026 figures reflect year-to-date sales through 10/13/2026. Statistics deemed reliable but not guaranteed.
Cedar Park Realtor Specializing in Park Place Homes
Rebecca Jacks and Raymond Stoklosa are Cedar Park Realtors specializing in Park Place homes. Whether you're looking to buy or sell a home in Park Place, Rebecca and Raymond know the area well and have the experience and tools necessary to make your next real estate transaction stress free. For more info about who we are and how we work, check out Buying a Home in Park Place and Selling a Home in Cedar Park
