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Municipal Drive Townhomes by CastleRock Communities
500 Municipal Dr, Leander, TX 78641
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Builder deals available
- TOP-TIER DEAL
Conventional 30 Year Fixed
$23,530 est. value- Rate buydown from 3.99% (1–2 year), 4.99% (3–30 year) with 720 credit score
FHA 30 Year Fixed
$21,440 est. value- Rate buydown from 3.99% (1–2 year), 4.99% (3–30 year) with 5.879% APR and 620 credit score
VA 30 Year Fixed
$16,600 est. value- Rate buydown from 3.99% (1–2 year), 4.99% (3–30 year) with 620 credit score
Deals may change and are not guaranteed. Some deals apply to specific homes or plans. Not a financing offer. Eligibility varies by lender. Please verify details.
- First-Time Buyers
Book your tour. Save an average of $18,473. We'll handle the rest.
We collect exclusive builder offers, book your tours, and support you from start to housewarming.
- Confirmed tours
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- Expert help, no pressure
- No added fees
Estimated value based on Jome data, T&C apply
Available homes
Plans
Community highlights
Welcome to Municipal Drive Townhomes, a condominiums, single-family home, townhouse community by CastleRock Communities located in 500 Municipal Dr, Leander, TX 78641. Currently, the community status is Selling. With 5 homes, including 4 move-in ready options. Municipal Drive Townhomes homes size range from 1,403 to 1,850 square feet on various lot sizes. Costs range from $310,990 up to $365,000.
Scenic Highland Lakes reservoir west of Austin, known for boating, cliffside views, and upscale lakefront living.
Community details
Community details
- Builder(s):
- CastleRock Communities
- Home type:
- Condo, Single-Family, Townhouse
- Selling status:
- Selling
- Contract to close:
- 30-45 days
- School district:
- Leander Independent School District
Community amenities
- Energy Efficient
- Lake Access
- Park Nearby
- Golf Club
- Splash Pad
- Security
- Walking, Jogging, Hike Or Bike Trails
- Shopping Nearby
About the builder - CastleRock Communities
Neighborhood
Community address
- City:
- Leander
- County:
- Williamson
- Zip Code:
- 78641
Schools in Leander Independent School District
- Grades M-MPubliccampus 0070.4 mi204 w s stna
GreatSchools’ Summary Rating calculation is based on 4 of the school’s themed ratings, including test scores, student/academic progress, college readiness, and equity. This information should only be used as a reference. Jome is not affiliated with GreatSchools and does not endorse or guarantee this information. Please reach out to schools directly to verify all information and enrollment eligibility. Data provided by GreatSchools.org © 2025
Places of interest
Getting around
Air quality
Noise level
A Soundscore™ rating is a number between 50 (very loud) and 100 (very quiet) that tells you how loud a location is due to environmental noise.
Natural hazards risk
Climate hazards can impact homes and communities, with risks varying by location. These scores reflect the potential impact of natural disasters and climate-related risks on Williamson County
Provided by FEMA

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Financials
Estimated monthly payment
Municipal Drive Townhomes by CastleRock Communities
Indulge in the low-maintenance lifestyle at Municipal Drive Townhomes—where style meets simplicity in one of Leander, Texas’s most connected and charming new home communities. Thoughtfully designed for modern living, these new-build townhomes offer the ideal solution for first-time homebuyers, relocating professionals, families, and anyone ready to embrace the freedom of new homeownership. Strategically located just off US-183, Municipal Drive Townhomes place you moments away from everything Central Texas has to offer. Commute with ease to major employers in Austin, enjoy premium shopping and dining in nearby Round Rock, or explore the outdoor beauty of Cedar Park. And when it's time to unwind, head just 30 minutes west to the sparkling waters and endless recreation of Lake Travis—a dream escape for boating, hiking, and weekend relaxation. Built with comfort and quality in mind, every CastleRock home features upscale finishes that add timeless appeal. Enjoy granite countertops, sleek stainless steel appliances, 9-foot ceilings, and elegant designer lighting that create an inviting ambiance throughout. Each home is built with craftsmanship you can count on and energy-efficient systems to support your long-term lifestyle goals. Families will love the unbeatable convenience of top-rated Leander ISD schools just minutes away. Christine Camacho Elementary sits directly across the street, while Leander Middle and Leander High School are within a short 10-minute drive. From first-time homebuyers navigating the process to luxury seekers looking for turn-key ease, townhomes at Municipal Drive offer a smart path to homeownership in a fast-growing, vibrant area. Now's your chance to own a beautifully built, move-in-ready home in one of the most desirable neighborhoods in Leander. Discover what it's like to live in a community where location, lifestyle, and livability come together perfectly—Municipal Drive Townhomes await. Homes in this community offer smart home system, washer & dryer, generational home, high ceilings, office/study/flex room.
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