500 Municipal DR # 202, Leander TX 78641

Leander, TX 78641 | Municipal Drive Townhomes | Built by CastleRock Communities

Off Market

Exterior view of 500 Municipal DR # 202, Leander TX 78641

Additional photos available to registered users

Ed's Opinion of Value

$167,177 Ed's Estimate: $286,475 $314,565

Lowest Comp Recommended List: $281,000 to $292,000 Highest Comp

Listing History

$316,985 List Price

$280,402 Comp Value

0 Price Reductions

This property was listed at $316,985 and withdrawn after 109 days on market. This listing activity factors into the valuation.

The market data from 7 similar recent sales in MUNICIPAL DRIVE TOWNHOMES points to a value of approximately $286,475. To sell within a reasonable timeframe at fair market value, the $281,000 to $292,000 range is where I'd position this. Against 7 similar active listings in MUNICIPAL DRIVE TOWNHOMES, this price point lands at the most affordable of 7 comparable homes on the market. The smaller floor plan (205 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2025 construction puts this home 12 years newer than the comp average, a factor in the pricing. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group

78641 Market Trends

$469,995 Median Sold Price ▲ 2.1% 6mo

$196/sqft Median $/SqFt

73 days Avg Days on Market 10 days faster

706 homes Active Inventory 4.9 mo supply

97.4% Sale-to-List Ratio

862 Sales (6 months)

$60,000 Tax Assessed (2025)

Recently Sold Comparables

$288,040 adjusted 500 Municipal DR # 601, Leander TX 78641 3bd / 3.0ba • 1,454 sqft • 0 mi Sold 1 months ago

$314,565 adjusted 205 Michaelis DR, Leander TX 78641 3bd / 2.0ba • 1,537 sqft • 0.7 mi Sold 9 months ago

$276,327 adjusted 1301 Still Meadow DR, Leander TX 78641 3bd / 3.0ba • 1,558 sqft • 1.1 mi Sold 8 months ago

$167,177 adjusted 1503 High Chaparral DR, Leander TX 78641 3bd / 2.0ba • 1,568 sqft • 1.1 mi Sold 7 months ago

$293,673 adjusted 505 Aqua Bell CV, Leander TX 78641 3bd / 2.0ba • 1,575 sqft • 0.2 mi Sold 4 months ago

Currently on Market

$297,342 500 Municipal DR # 402, Leander TX 78641 3bd / 3.0ba • 1,434 sqft • 0.1 mi 67 days on market

$305,342 500 Municipal DR # 303, Leander TX 78641 3bd / 3.0ba • 1,454 sqft • 0 mi 67 days on market

$305,342 500 Municipal DR # 301, Leander TX 78641 3bd / 3.0ba • 1,454 sqft • 0 mi 67 days on market

3 Beds

3 Baths 2 Full, 1 Half

1,434 Sq Ft

0.0373 Acres

2025 Built

1 Garage

About This Property

The practical Pei floor plan boasts three upstairs 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

Features

Kitchen Island

Location

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Schools

School District Leander ISD

Elementary Camacho

Middle School Leander Middle

High School Glenn

Property Details

Property Type Residential

Flooring Carpet, Vinyl

Cooling ENERGY STAR Qualified Equipment

Heating ENERGY STAR Qualified Equipment

Exterior See Remarks

County Williamson

MLS # 2717208

Garage 1 spaces

HOA & Community

HOA Fee $150 /Monthly

HOA Includes Common Area Maintenance, Landscaping, Maintenance Grounds, Parking

Tax Information

Annual Taxes (MLS) $1,213 (2025)

Listing History

MLS# 2717208 109 days

Mar 20, 2026	Off Market
Dec 1, 2025	Listed		$316,985

Frequently Asked Questions About 500 Municipal DR # 202, Leander TX 78641

When was 500 Municipal DR # 202, Leander TX 78641 built?

500 Municipal DR # 202, Leander TX 78641 was built in 2025.

How much does 500 Municipal DR # 202, Leander TX 78641 cost?

500 Municipal DR # 202, Leander TX 78641 is currently off market.

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