Police said that law enforcement agents were at the scene, and the suspect is barricaded inside the home.
It was said the three officers are now at a local hospital in stable condition.
"At this time we can confirm three Cedar Park Police Officers have been shot. They are at a local hospital in stable condition," police said. "This remains a very active scene, the subject is not in custody at this time".
Cedar Park police describe the scene as "very active", calling on residents in the area to "stay inside your home".
Earlier, police said that "multiple officers" had been shot at the scene.
"We are on scene of a shooting where multiple Cedar Park Police Officers have been shot while responding to a call at a home off Natalie Cove," the department tweeted. "Subject is barricaded inside the home and multiple law enforcement agencies are on scene".
The department indicated that it would hold a press conference on developments, but did not specify a time.
Further details were not immediately available.