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ActiveMLS #7243548

500 Municipal DR # 401, Leander TX 78641

Leander, TX 78641 · Municipal Drive Townhomes

Townhouse for sale in Municipal Drive Townhomes

3Bedrooms
2 full / 1 halfBathrooms
1,454Square Ft
0.04Acres
1Garage
2025Year Built
Price Reduced
1 / 32
$305,342$318,985

Overview

Property Description

The Eames floor plan boasts three bedrooms, two-and-a-half bathrooms & a loft! Phenomenal Location: • 3 min to Historic Downtown Leander • 5 min to the Leander station Rail • 5 min to HEB • 1 min to Camacho Elementary • 3 min to Robin Bledsoe Park

Energy & Green Certification

  • ENERGY STAR Certified Homes · 2025In Process

Certification details are reported by the listing agent to the MLS.

Financial Info
Price
$305,342
$ / Sqft
$210
HOA
Yes - Mandatory / $230 / Monthly
HOA Name
Goodwin
HOA Includes
Common Area Maintenance, Landscaping, Maintenance Grounds, Parking
Tax Rate
2.02%
Est. Taxes
$6,317
Tax Year
2025
Exemptions
Homestead
Legal Info
Address
500 Municipal DR # 401
County
Williamson
City
Leander
State
TX
Zip
78641
Subdivision
Municipal Drive Townhomes
Legal Description
C579 - TOWNHOMES AT LEANDER HEIGHTS, BUILDING 4, UNIT 401, 2.941% COMMON AREA INTEREST
Parcel
R612847
Interior Features
Floor
Carpet, Vinyl
Num Living
1
Dining
1
Kitchen
Kitchen Island
Appliances
ENERGY STAR Qualified Appliances, Exhaust Fan, Stainless Steel Appliance(s)
Laundry
In Unit
Master Bed
Double Vanity
Master Main
Yes
Interior Features
Double Vanity, Kitchen Island, Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System, Secured Garage/Parking, Vinyl Windows, Window Coverings
General Info
Beds
3 Total / 1 Main Level / 2 Other Level
Full / Half Baths
2 / 1
Prop Type
Residential
Property Type
Townhouse
Stories
2
Year Built
2025 / New
Square Feet
1,454 / Builder
Garages
1
Garage Desc
Additional Parking, Garage, Garage Faces Rear
Foundation
Slab
Roof
Shingle
Construction
Cement Siding, Stone
Acres
0.04
Lot Description
Alley Access, Front Yard, Sprinkler - Automatic, Trees-Small (Under 20 Ft)
Restrictions
City Restrictions, Deed Restrictions
Flood Plain
No
View
None
Water Access
No
Waterfront
No
Area
CLN
Utility Info
Water
Municipal Utility District (MUD)
Sewer
Municipal Utility District (MUD)
Utilities
Cable Connected, Electricity Connected
Heat
ENERGY STAR Qualified Equipment
A C
ENERGY STAR Qualified Equipment
Exterior Features
Fence
Perimeter
Exterior Features
None, Covered, Front Porch, Porch
Pool On Property
No
Area Amenities
Cluster Mailbox, Common Grounds, Courtyard

Rooms

Rooms6 rooms

First level

  • Family Room
  • Primary Bedroom
  • Kitchen
  • Dining Room

Second level

  • Bedroom
  • Bedroom

Price history

Members only
Days on market
−$13,643 (−4.3%)
$318,985 → $305,342
1
Price reduction
Active
Since Mar 20, 2026
Price trend
List priceMar 2026May 2026
Property history2 events
DateEventPriceChange
May 26, 2026Price Decrease$305,342−$13,643 (−4.3%)
Mar 20, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
Leander ISD
Elementary
Camacho
Middle
Leander Middle
High
Glenn

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $305,342
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$2,324 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $2,324

Principal & interest
$1,544
Property taxes
$526
Homeowners insurance
$254

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$244,274$2,730$15,797$241,543
2$241,543$2,913$15,615$238,630
3$238,630$3,108$15,419$235,522
4$235,522$3,316$15,211$232,205
5$232,205$3,539$14,989$228,667
6$228,667$3,776$14,752$224,891
7$224,891$4,028$14,499$220,863
8$220,863$4,298$14,230$216,565
9$216,565$4,586$13,942$211,979
10$211,979$4,893$13,635$207,086
  • Year 1$241,543
    Principal paid
    $2,730
    Interest paid
    $15,797
    Starting balance
    $244,274
  • Year 2$238,630
    Principal paid
    $2,913
    Interest paid
    $15,615
    Starting balance
    $241,543
  • Year 3$235,522
    Principal paid
    $3,108
    Interest paid
    $15,419
    Starting balance
    $238,630
  • Year 4$232,205
    Principal paid
    $3,316
    Interest paid
    $15,211
    Starting balance
    $235,522
  • Year 5$228,667
    Principal paid
    $3,539
    Interest paid
    $14,989
    Starting balance
    $232,205
  • Year 6$224,891
    Principal paid
    $3,776
    Interest paid
    $14,752
    Starting balance
    $228,667
  • Year 7$220,863
    Principal paid
    $4,028
    Interest paid
    $14,499
    Starting balance
    $224,891
  • Year 8$216,565
    Principal paid
    $4,298
    Interest paid
    $14,230
    Starting balance
    $220,863
  • Year 9$211,979
    Principal paid
    $4,586
    Interest paid
    $13,942
    Starting balance
    $216,565
  • Year 10$207,086
    Principal paid
    $4,893
    Interest paid
    $13,635
    Starting balance
    $211,979
First 10 of 30 years

Nearby

Courtesy of CastleRock Realty, LLC · (832) 582-0030

Listings courtesy of ACTRIS as distributed by MLS GRID.