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ActiveMLS #5375307

500 Municipal DR # 403, Leander TX 78641

Leander, TX 78641 · Municipal Drive Townhomes

Condominium for sale in Municipal Drive Townhomes

3Bedrooms
3Bathrooms
1,548Square Ft
0.04Acres
1Garage
2025Year Built
Price Reduced
1 / 16
$301,342$323,985

Overview

Property Description

The innovative Mies plan boasts a spacious front porch - Entering this home, you are met with the conjoined open-concept family room and dining space. Conveniently, your spacious kitchen is connected to the dining/family space. Your kitchen is adorned with designer lighting, gorgeous countertops and backsplash, stainless steel appliances, a walk-in pantry, and a kitchen island with seating. Past the stairs is entry to your rear one-car garage and across the way is your secluded study room and full bathroom nextdoor. Up the stairs, you'll find all the bedrooms, giving you the privacy you desire in your new home. At the top of the stairs is the spacious loft area with access to your washer and dryer, and the hallway leads to your secluded master bedroom retreat. Your master bathroom is equipped with double sinks/vanities, a stand-alone shower, and a walk-in closet! Across the loft is the secondary and full bedrooms with the third bedroom containing a walk-in closet for extra storage, as well as another full bathroom. CastleRock Metro Townhomes offer desirable features and attractive options that allow you to personalize your house into your dream home. With the uniquely-designed layout that this townhome encompasses, you can live the low-maintenance lifestyle in this amazing Mies townhome.

Financial Info
Price
$301,342
$ / Sqft
$195
HOA
Yes - Mandatory / $230 / Monthly
HOA Name
Goodwin
HOA Includes
Common Area Maintenance, Landscaping, Maintenance Grounds, Parking
Tax Rate
2.02%
Est. Taxes
$1,213
Tax Year
2025
Exemptions
Homestead
Legal Info
Address
500 Municipal DR # 403
County
Williamson
City
Leander
State
TX
Zip
78641
Subdivision
Municipal Drive Townhomes
Legal Description
Condominium Unit 403 - Building 4
Parcel
500 MUNICIPAL DR, UNIT #403, LEANDER, TX 78641
Interior Features
Floor
Carpet, Vinyl
Num Living
1
Dining
1
Kitchen
Kitchen Island
Appliances
ENERGY STAR Qualified Appliances, Exhaust Fan
Laundry
In Unit
Master Main
No
Interior Features
Kitchen Island, Study/Home Office, Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System, Secured Garage/Parking, Vinyl Windows
General Info
Beds
3 Total / 3 Other Level
Full / Half Baths
3 / 0
Prop Type
Residential
Property Type
Condominium
Stories
2
Year Built
2025 / New
Square Feet
1,548 / Builder
Garages
1
Garage Desc
Additional Parking
Foundation
Slab
Roof
Shingle
Construction
Cement Siding, Stone
Acres
0.04
Lot Description
Alley Access, Corner Lot, Sprinkler - Automatic, Trees-Small (Under 20 Ft)
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, Internet-Cable, Natural Gas Not Available, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
Heat
ENERGY STAR Qualified Equipment
A C
ENERGY STAR Qualified Equipment
Exterior Features
Fence
Perimeter
Exterior Features
See Remarks, Covered, Front Porch, Porch
Pool On Property
No
Area Amenities
Cluster Mailbox, Common Grounds, Courtyard

Price history

Members only
Days on market
−$22,643 (−7%)
$323,985 → $301,342
1
Price reduction
Active
Since Mar 24, 2026
Price trend
List priceMar 2026May 2026
Property history2 events
DateEventPriceChange
May 26, 2026Price Decrease$301,342−$22,643 (−7%)
Mar 24, 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 $301,342
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

$1,876 / mo

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

Estimated monthly payment $1,876

Principal & interest
$1,524
Property taxes
$101
Homeowners insurance
$251

*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$241,074$2,695$15,590$238,379
2$238,379$2,875$15,410$235,504
3$235,504$3,068$15,217$232,437
4$232,437$3,273$15,012$229,164
5$229,164$3,492$14,793$225,671
6$225,671$3,726$14,559$221,945
7$221,945$3,976$14,309$217,970
8$217,970$4,242$14,043$213,728
9$213,728$4,526$13,759$209,202
10$209,202$4,829$13,456$204,373
  • Year 1$238,379
    Principal paid
    $2,695
    Interest paid
    $15,590
    Starting balance
    $241,074
  • Year 2$235,504
    Principal paid
    $2,875
    Interest paid
    $15,410
    Starting balance
    $238,379
  • Year 3$232,437
    Principal paid
    $3,068
    Interest paid
    $15,217
    Starting balance
    $235,504
  • Year 4$229,164
    Principal paid
    $3,273
    Interest paid
    $15,012
    Starting balance
    $232,437
  • Year 5$225,671
    Principal paid
    $3,492
    Interest paid
    $14,793
    Starting balance
    $229,164
  • Year 6$221,945
    Principal paid
    $3,726
    Interest paid
    $14,559
    Starting balance
    $225,671
  • Year 7$217,970
    Principal paid
    $3,976
    Interest paid
    $14,309
    Starting balance
    $221,945
  • Year 8$213,728
    Principal paid
    $4,242
    Interest paid
    $14,043
    Starting balance
    $217,970
  • Year 9$209,202
    Principal paid
    $4,526
    Interest paid
    $13,759
    Starting balance
    $213,728
  • Year 10$204,373
    Principal paid
    $4,829
    Interest paid
    $13,456
    Starting balance
    $209,202
First 10 of 30 years

Nearby

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

Listings courtesy of ACTRIS as distributed by MLS GRID.