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ActiveMLS #5968407

500 Municipal DR # 501, Leander TX 78641

Leander, TX 78641 · Municipal Drive Townhomes

Townhouse for sale in Municipal Drive Townhomes

3Bedrooms
2 full / 1 halfBathrooms
1,431Square Ft
0.02Acres
1Garage
2024Year Built
1 / 26
$305,000
3D tour

Overview

Property Description

Luxury living meets effortless convenience at Municipal Townhomes in Leander! These beautifully designed 3-bedroom, 2-bath townhomes offer functional, elevated floor plans, plus an upstairs loft for the perfect flex space. With stylish finishes and true lock-and-leave living, you get the comfort of home without all the upkeep. And the best part? You’re right in the heart of growing Leander—close to everything while still having a place that feels like your own. Come see for yourself. You may just find your next home

Financial Info
Price
$305,000
$ / Sqft
$213
HOA
Yes - Mandatory / $150 / Monthly
HOA Name
PMG
HOA Includes
Common Area Maintenance, Parking
Tax Rate
2.02%
Est. Taxes
$7,190.76
Tax Year
2026
Exemptions
None
Legal Info
Address
500 Municipal DR # 501
County
Williamson
City
Leander
State
TX
Zip
78641
Subdivision
Municipal Drive Townhomes
Legal Description
C579 - TOWNHOMES AT LEANDER HEIGHTS, BUILDING 1, UNIT 101, 9.091% COMMON AREA INTEREST 17W33610010101
Parcel
500 Municipal
Interior Features
Floor
Carpet, Vinyl
Num Living
1
Dining
1
Kitchen
Breakfast Bar, Granite Counters, Kitchen Island
Appliances
Dishwasher, Disposal, Electric Range, Free-Standing Electric Range, RNGHD, Refrigerator, Vented Exhaust Fan, Washer/Dryer, Washer/Dryer Stacked, Electric Water Heater
Laundry
In Hall, In Unit, Inside, Upper Level
Master Bed
Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Interior Features
Breakfast Bar, Ceiling Fan(s), High Ceilings, Granite Counters, Double Vanity, Electric Dryer Hookup, Interior Steps, Kitchen Island, Open Floorplan, Primary Bedroom on Main, Stackable W/D Connections, Walk-In Closet(s), Washer Hookup, Prewired, Blinds
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
2024 / New
Square Feet
1,431 / Public Records
Garages
1
Garage Desc
Alley Access, Attached, Door-Single, Garage Faces Rear, Kitchen Level
Foundation
Slab
Roof
Shingle
Construction
HardiPlank Type, Stone Veneer
Acres
0.02
Lot Description
Alley Access, City Lot, Corner Lot, Curbs, Landscaped, Public Maintained Road, Sprinkler - In-ground
Restrictions
None
Flood Plain
No
View
Neighborhood
Water Access
No
Waterfront
No
Area
CLN
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
Heat
Central, Electric, Exhaust Fan
A C
Attic Fan, Ceiling Fan(s), Central Air, Electric
Exterior Features
Fence
None
Exterior Features
Exterior Steps, Gutters Full, Covered, Front Porch, Porch
Pool On Property
No
Area Amenities
None

Rooms

Rooms1 room

Main level

  • Primary Bedroom

    GranCnt, Dual Vanity, Full Bath, Walk-In Closet(s), Walk-in Shower

Price history

Days on market
$305,000
List price
0
Price reductions
Active
Since Aug 21, 2026
Property history1 event
DateEventPriceChange
Aug 21, 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 $305,000
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

$2,395 / mo

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

Estimated monthly payment $2,395

Principal & interest
$1,542
Property taxes
$599
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$244,000$2,727$15,780$241,273
2$241,273$2,910$15,597$238,363
3$238,363$3,105$15,402$235,258
4$235,258$3,313$15,194$231,945
5$231,945$3,535$14,972$228,411
6$228,411$3,771$14,736$224,639
7$224,639$4,024$14,483$220,616
8$220,616$4,293$14,214$216,322
9$216,322$4,581$13,926$211,741
10$211,741$4,888$13,619$206,854
  • Year 1$241,273
    Principal paid
    $2,727
    Interest paid
    $15,780
    Starting balance
    $244,000
  • Year 2$238,363
    Principal paid
    $2,910
    Interest paid
    $15,597
    Starting balance
    $241,273
  • Year 3$235,258
    Principal paid
    $3,105
    Interest paid
    $15,402
    Starting balance
    $238,363
  • Year 4$231,945
    Principal paid
    $3,313
    Interest paid
    $15,194
    Starting balance
    $235,258
  • Year 5$228,411
    Principal paid
    $3,535
    Interest paid
    $14,972
    Starting balance
    $231,945
  • Year 6$224,639
    Principal paid
    $3,771
    Interest paid
    $14,736
    Starting balance
    $228,411
  • Year 7$220,616
    Principal paid
    $4,024
    Interest paid
    $14,483
    Starting balance
    $224,639
  • Year 8$216,322
    Principal paid
    $4,293
    Interest paid
    $14,214
    Starting balance
    $220,616
  • Year 9$211,741
    Principal paid
    $4,581
    Interest paid
    $13,926
    Starting balance
    $216,322
  • Year 10$206,854
    Principal paid
    $4,888
    Interest paid
    $13,619
    Starting balance
    $211,741
First 10 of 30 years

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Courtesy of Compass RE Texas, LLC · (512) 575-3644

Listings courtesy of ACTRIS as distributed by MLS GRID.