Mustang Lakes Homes for Sale

Real Estate in Mustang Lakes Texas

Mustang Lakes is a former thoroughbred ranch, where horses were trained and bred for racing by the former mayor of Dallas.

Start your online search here for all Mustang Lakes homes for sale in Celina Texas.

Included below are homes for sale in Mustang Lakes Texas. Listings are updated right here as soon as homes are listed on the MLS. If you would like more information on any of these Mustang Lakes homes for sale, just click the "Request More Information" button when viewing the property details. You can register for a free account so you can receive email alerts whenever new Mustang Lakes homes for sale come on the market. 

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Mustang Lakes Real Estate Stats
October 27, 2021
Avg. DOM
Avg. $ / Sq.Ft.
Med. List Price
17 Properties
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Information is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed or used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than The LivingWell Team are marked with the NTREIS IDX logo and information about them includes the name of the listing brokerage.

NTREIS data last updated October 27, 2021.


Mustang Lakes Housing Market

Mustang Lakes offers residents an impressive suite of amenities, including resort-style swimming pools with cabanas, a fitness center, competition tennis courts, and a centrally located 20-acre park with a private lake and island. Adding further to the available greenspace, the community boasts eight lakes and over 60 acres of trails and creeks, perfect for an afternoon jog or an evening stroll. The 12,000-square-foot Club at Mustang Lakes has interior lounges for socializing, as well as verandas, courtyards, meeting rooms, party areas, and a kitchen.

This neighbourhood is bordered by 1461 on the south, FM 2478 on the east and Wilson Creek on the west. It rests on a gently rolling terrain with many beautiful ponds with lively fountains. Mustang Lakes in southern Celina is one of the most exciting and dynamic neighbourhoods in the area.

Mustang Lakes consists of single-family houses exclusively. The homes for sale here are built by some of the best bulders and we have seen prices skyrocket over the last few years. When you drive through the community you'll probably notice that the houses are beautifully landscaped and have stunning curb appeal. The neighborhood is always beautifully maintained. Mustang Lakes is truly and stunning neighborhood.


Mustang Lakes Neighborhood Amenities

When you purchase a home in Mustang Lakes, you can fish, hike, ride your bike and enjoy the community pool and other amenities. Mustang Lakes is served by the highly-acclaimed Prosper Independent School District. Ranked the #1 school district in the area, the Prosper ISD boasts an impressive 15 to 1 student to teacher ratio, and has an overall ranking of Excellence – with every school in the district from kindergarten through twelfth grade achieving this impressive distinction. Sam Johnson Elementary School opened in Mustang Lakes in 2020, serving Mustang Lakes Elementary-aged students!

The Mustang Lakes community centre is one feature of the neighbourhood that home buyers find very appealing. The community centre can be reserved for parties or meetings and has a stunning pool sitting in the middle of a 10 acre lake.

For entertainment you can head to the historic downtown Celina area or south to shopping in Prosper or Frisco. This is a single home community that always has a number of activities to enjoy. If you are looking for a vibrant community that isn't far from shopping areas or hiking trails, this is a great place to live.

The list of amenities at Mustang Lakes is seriously crazy. So many families can't believe all of the fun activities that are available to them just by being a home owner. To try and keep it readable here is a simple list:

  • Bluebonnet Park is under construction with a covered pavilion, gas grills, bocce ball and sport courts, and children’s play area.
  • Enjoy the outdoor kitchen and pavilion for meeting up with friends or cooling off in the luxury pool, or grilling dinner.
  • 400-acre community that has miles of trails intertwined with the natural Texas landscape and numerous parks.
  • A new entry pond surrounded by walking paths, plenty of places to relax and fish!
  • On-Site Prosper ISD Schools


Mustang Lakes Local Schools

The children of Mustang Lakes will attend the following schools:


Considering A Home In Mustang Lakes? 

Let our team of expert Celina real estate specialists professionally assist in your hunt for the perfect home or skillfully negotiate the sale of your existing Celina house. As neighbourhood real estate agents, we know the unique dynamics of the Mustang Lakes real estate market. Let's expedite your home search; we'll negotiate for you today!

Contact us today to learn more about buyer or seller representation. Are you likely to sell your Mustang Lakes home soon? Receive a free home evaluation, where you can calculate your property's estimated market value right away!

Building a new home in Mustang Lakes...

Part 1 - Preparing The Lot
Britton Homes is prepping our clients lot in Mustang Lakes. Once this is finished its time for mud or cement...
Part 2 - The Foundation
Britton did a great job on pouring our clients foundation. Let's check it out...
Part 3 - Framing is Complete
Britton Homes has finished framing the awesome new home for our clients.
Part 4 - Drywall, Flooring, Cabinets
Our Britton build job in Mustang Lakes is getting the drywall and flooring this week.
Part 5 - Bricks and Lights
This is a Britton Home we are building for our clients at Mustang Lakes in Celina Texas.

Contact The Living Well Team for Mustang Lakes TX Real Estate

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