Mustang Lakes

Homes For Sale FAQ Schools Map The Market Update New Homes REALTOR®

View all the Mustang Lakes Homes For Sale right here on our website. If you decide to purchase a home in Mustang Lakes, you'll find yourself surrounded by a beautiful and well-designed community. With picturesque water features, expansive green spaces, and a wide range of amenities. The community features a resort-style swimming pool, tennis courts, a fitness center, a playground, and several miles of walking and biking trails. Mustang Lakes also offers a variety of homes, from luxurious estates to more affordable options, allowing you to find the perfect home to suit your needs and budget. Mustang Lakes offers a tranquil and family-friendly atmosphere that's sure to appeal to anyone looking for a comfortable and enjoyable living experience.

Panoramic Tour of Mustang Lakes

We truly believe a picture is worth a thousand words and an interactive picture of Mustang Lakes is worth a million. Nothing really gives you a feel for a place like being there and the combination of videos, 360 degree panaroramic images and photos is the next best thing. We hope our digital media of Mustang Lakes helps you fall in love with this amazing Celina Texas neighborhood.

Mustang Lakes September 27, 2023
30
Listed
89
Avg. DOM
$261.74
Avg. $ / Sq.Ft.
$982,000
Med. List Price
30 Properties
Page 1 of 3
$1,351,490
Neighborhood: Mustang Lakes
5
Beds
5F21/2
Baths
4,534
Sq.Ft.
2023
Year Built
6
Days on Site
20437575
MLS
MLS# 20437575 - Built by Highland Homes - April completion! ~ Stunning home. Soring ceilings, open floor plan w wood beams & tall sliding doors. Curved staircase. Private courtyard off gourmet...
$949,900
Neighborhood: Mustang Lakes Ph 2b
4
Beds
4F11/2
Baths
3,197
Sq.Ft.
2019
Year Built
6
Days on Site
20434939
MLS
Stunning single story Highland Home with 4 bedrooms, Study, Media Room, 4.5 Baths, oversized 3 car garage. PID has been paid in full!!! Solar Panels will be paid off at closing!! Pristine home...
$975,000
Neighborhood: Mustang Lakes Ph One
5
Beds
5F11/2
Baths
4,091
Sq.Ft.
2018
Year Built
8
Days on Site
20436108
MLS
Better than New, fully landscaped & pool ready! Meticulously maintained estate by premium builder Shaddock Homes. Luxury upgrades, plt shutters & custom lighting throughout! Lush landscaping beds on...
$1,185,000
Neighborhood: Mustang Lakes Ph 3b
5
Beds
4F21/2
Baths
4,355
Sq.Ft.
2022
Year Built
13
Days on Site
20431731
MLS
Don't wait for a basic inventory home! This 2022 NORTH Facing Highland Home has been thoughtfully built and heavily upgraded for the most Sophisticated of tastes! Gorgeous white brick elevation...
Open 9/30
3424 Belterra Drive Celina,  TX 75009
$849,500
Neighborhood: Mustang Lakes Ph One
3
Beds
3F11/2
Baths
3,445
Sq.Ft.
2016
Year Built
14
Days on Site
20424545
MLS
Welcome home to this beautiful 1.5 story bright and airy floor plan, where the living and dining areas seamlessly connect with the elegance of hardwood floors throughout the main level. The heart of...
$850,000
Neighborhood: Mustang Lakes Ph One
4
Beds
3
Baths
3,479
Sq.Ft.
2017
Year Built
27
Days on Site
20400012
MLS
Located in the incredible community of Mustang Lakes with the largest amenity center in North Texas featuring sport courts, an amphitheater, 18 miles of trails & a private fishing deck! This property...
Open 9/30
2716 Preakness Place Celina,  TX 75009
$680,000
Neighborhood: Mustang Lakes Ph 2a
4
Beds
3
Baths
2,713
Sq.Ft.
2019
Year Built
33
Days on Site
20417094
MLS
You've found it - a luxurious home right in the middle of the highly sought-after Mustang Lakes. Located within Prosper ISD, this home is 4 bedrooms and 3 baths with an entryway that is sure to grab...
$1,099,999
Neighborhood: Mustang Lakes Ph 3b
4
Beds
3
Baths
3,151
Sq.Ft.
2021
Year Built
35
Days on Site
20401340
MLS
Stunning custom-built home offers a suburban lifestyle with modern amenities. Upon entering the home you will notice the gorgeous white oak wood floors, vaulted ceilings, elevated fixtures, ext...
$899,000
Neighborhood: Mustang Lakes Ph One
4
Beds
3F21/2
Baths
3,288
Sq.Ft.
2017
Year Built
35
Days on Site
20412724
MLS
NORTH facing custom home, pool, and 3 car garage in Mustang Lakes, upgrades throughout! There are 2 additional bedrooms located on first floor as well! Upon entry, you are welcomed by the wrought...
$1,028,490
Neighborhood: Mustang Lakes
4
Beds
4F11/2
Baths
3,637
Sq.Ft.
2023
Year Built
47
Days on Site
20406107
MLS
MLS# 20406107 - Built by Highland Homes - April completion! ~ 4 bedrooms, 4 full and 1 half baths. Features media and study down and gameroom up. Soaring two story ceilings in family room. Stand...
$1,068,135
Neighborhood: Mustang Lakes
5
Beds
5F11/2
Baths
3,926
Sq.Ft.
2023
Year Built
47
Days on Site
20406177
MLS
MLS# 20406177 - Built by Highland Homes - April completion! ~ Highland showcase home 222 model plan. 5 bedrooms, 5 full and 1 half baths. Features media and study down and gameroom up. Soaring two...
$1,045,375
Neighborhood: Mustang Lakes
4
Beds
4F11/2
Baths
3,689
Sq.Ft.
2023
Year Built
51
Days on Site
20401959
MLS
MLS# 20401959 - Built by Highland Homes - February completion! ~ Double door entrance. Open floor plan w- sliding doors to extended patio. Ext primary with sitting area. Ext guest room w- sitting...
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 LivingWell Realty are marked with the NTREIS IDX logo and information about them includes the name of the listing brokerage.

NTREIS data last updated September 27, 2023.

Mustang Lakes Information

  • The awesome Celina ISD school system with an average of 15:1 students to teacher ratio
  • The amazing environment is full of mature trees, walking trails, and peaceful views
  • All the family friendly and fun amenities
  • Within five minutes of downtown Prosper and all its restaurants and shopping
  • Wide range and styles of home sizes and prices

What is the average price of real estate for sale?

The fastest way to check prices is via our Market Report that shows every home for sale and every home under contract. Honestly, any price we post will be outdated within a week. Just click the link above and get the latest values... 

Why do residents choose to live in Mustang Lakes?

Many of our clients had decided to purchase in another neighborhood until they visited Mustang Lakes. They consistently mention the peaceful streets, green spaces and friendly neighbors. The quiet and peaceful feel seems to radiate out from all the open spaces. We highly encourage you to put Mustang Lakes on your list of communities to visit when shopping for homes in Celina or Prosper ISD.

Location

Mustang Lakes is located on Frontier Pkwy/FM 1461 in the Town of Celina, Texas, just north of Highway 380 and Preston Road, adjacent to the borders of both Prosper and McKinney.

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

Schools

The children of Mustang Lakes will attend the following schools:

New Homes 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!

We have built many, many homes in Mustang Lakes with virtually every builder in the community. Our experience and skill is well documentd on our YouTube channel. We even have a playlist that conveniently shows you all the homes we have built in Mustang Lakes. Be sure and watch some of our videos of the model homes, us building new homes and even tours of the community.

Luxury Home in Mustang Lakes

The Builders of Mustang Lakes

Mustang Lakes has recruited some of the best builders in north Texas. These builders have a proven track record of building the best homes that stand the test of time. If you want to know who is good and who is just ok, you will need to hire us. We never give away that information to anyone but our clients. Are you in a hurry, can't wait 6-12 months to build a new home. Check out our list of Quick Move-In Homes at Mustang Lakes.

Mustang Lakes Market Analysis

Mustang Lakes Market UpdateIf you're thinking of buying, selling or building a home in Mustang Lakes, Celina, TX, then be sure to get the information you need with our free Market Update. This update provides current and comprehensive data on active properties, those under contract, and those sold over the last six months. It's a great starting point if you want to gain insights into the local real estate market.

And for more detailed analysis of your local market circumstances, don't hesitate to connect with one of our expert REALTORS® in the area. They possess an in-depth knowledge that can help guide you through every decision with ease.

View the Report

Mustang Lakes REALTOR®

If you're a homeowner in beautiful Mustang Lakes, and you're looking to sell your home, there's no better choice than engaging Deb Wells as your trusted real estate agent. Deb brings an unparalleled level of expertise, dedication, and passion to the table. Her deep knowledge of the local market, combined with her commitment to personalized service, ensures that your home will not just be sold but will be presented and marketed to its fullest potential.

With Deb Wells by your side, you're not just getting a realtor; you're gaining a partner who understands the unique charm and appeal of Mustang Lakes. Trust Deb to make the selling process seamless, stress-free, and ultimately successful, as she works tirelessly to turn your real estate dreams into reality.

Mustang Lakes Broker and Listing Expert Deb Wells