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$319,990

500 Municipal DR, Leander, TX, 78641

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths1,454 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$220.08 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesEnergy Star Qualified Appliances, Exhaust Fan
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesNone
Lot Size898 sqft

Building Information

Garage Spaces1

Land Information

APNR-17-W336-1002-0205
Land UseVacant Land
Legal DescriptionC579 - TOWNHOMES AT LEANDER HEIGHTS, BUILDING 2, UNIT 205, 9.091% COMMON AREA INTEREST
Census Tract020332
Assessed Land Value$93,378
Assessment Year2025

About this property

The dynamic Eames floor plan provides an ideal layout uniquely designed for comfort and space. The front entrance will catch your eye immediately with the spacious front porch that you can sip your coffee on each morning and chat with your neighbors! Entering the townhome, you are met with the spacious kitchen along with the sizeable, two-story family room perfect for entertaining gatherings of any size. Your kitchen comes fully equipped with an island with seating - ideal for the kids to eat an afternoon snack. The kitchen also features stainless steel appliances, designer lighting, gorgeous countertops, and a walk-in pantry. Past the stairs, you will come across your convenient downstairs powder bathroom and entry to your rear garage. Next to the garage is your secluded private master suite. Your master suite features a spacious bathroom with double vanities/sinks, a stand-alone shower, and a walk-in closet. Up the stairs, you will be welcomed by your oversized loft with access to your washer and dryer. This space has the flexibility to transform into anything you would like it to be. Whether it is a craft room, a game room, a seating area - the opportunities are endless! Also residing upstairs are two bedrooms, with bedroom #2 containing a walk-in closet, as well as a full secondary jack-and-jill bathroom. CastleRock Metro Townhomes offer desirable features that allow you to personalize your house into your dream home. With an unforgettable layout that this townhome provides, you can live the low-maintenance lifestyle in this gorgeous Eames townhome.

Investor Tools

$0Estimated Mortgage Balance
$93,378Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

Interested in this property?

Ashley Yoder

CastleRock Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$141/month
$230/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,223
$93,378
2025
$93,378
N/A
$93,378
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,223
$93,378

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$93,378
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Leander

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500 Municipal DR | Property Details | No Agent List