Mustang Lakes: Community Data Overview
Active Phases & Custom AcreageBuilders & Homesite Footprints in Mustang Lakes
Review lot dimensions, active builders, and architectural tiers across current suburban and custom estate phases.
Active Builders
Perry Homes, David Weekley Homes
Target Profile
Open-concept 1- and 2-story elevations featuring front-entry 2-car garages, modern kitchen islands, and covered patios. Full front-yard lawn maintenance is included directly in the HOA dues.
Active Builders
Highland Homes, Coventry Homes
Target Profile
The staple family luxury program. Includes 3-car tandem or split garages, vaulted family room ceilings, secondary en-suite bedrooms on the main floor, and generous private yard depths.
Active & Custom Builders
Drees Custom Homes, Dave R. Williams, Custom Builder Guild
Target Profile
Legacy custom residences situated along the natural ridgelines and lake perimeters. Features 3- to 4-car side-entry motor courts, detached casitas, chef sculleries, and private resort pools.
North Texas' Largest Private Amenity Club
Voted Best Master-Planned Community, Mustang Lakes centers around the historic ranch homestead transformed into a 20-acre central park and amenity center.
The 12,000 Sq. Ft. Club Mustang
A private resident club featuring a fitness center, yoga and aerobics studios, party lounges, resort pool with cabanas, competition lap pool, and championship tennis/pickleball courts.
On-Site Prosper ISD Elementary
Zoned to top-ranked Prosper ISD. Children can walk or bike internally to on-site Sam Johnson Elementary, feeding into modern Prosper ISD middle and high school campuses.
Year-Round Front Yard Maintenance
Monthly HOA dues ($150–$190/mo depending on lot size) include 40 mowings and edgings, 8 weedings and shrub trimmings, and 3 seasonal fertilizer treatments annually.
20-Acre Central Park & Stocked Lakes
Surrounded by 18 acres of interconnected catch-and-release fishing lakes, island bridges, natural stone waterfalls, and over 10 miles of pedestrian trails.
Request the Mustang Lakes Lot Availability & PID
Mustang Lakes is located within the City of Celina but feeds into Prosper ISD, creating strong long-term appreciation and rental demand. Unlike neighboring Light Farms, Mustang Lakes does not have a MUD tax. Instead, it utilizes a City of Celina Public Improvement District (PID) assessment. This gives homeowners a lower baseline ad valorem tax rate (~2.08% combined) alongside an amortized PID assessment that can be prepaid. We provide full parcel-level PID payoff calculations and tax certificates before you tour.
