Aerial view of residential streets and tree-lined lots

Mustang Lakes Homes for Sale in Celina, TX

Living in Mustang Lakes. Here's what's happening.

15 homes are for sale in Mustang Lakes right now.Homes for sale here have been listed a median of 8 days.

About Mustang Lakes

Mustang Lakes is a Celina community. Celina sits in the northern Dallas suburbs, in Collin and Denton counties, with the Dallas North Tollway, Preston Road and the Collin County Outer Loop close at hand. Homes here are newer single-family residences. Expect four or more bedrooms, a three-car garage or larger, a fireplace and brick exteriors. Two in three homes are new construction, nearly every home is in a homeowners association, and about half have two or more stories. Right now 15 homes are for sale in Mustang Lakes, listed a median of 8 days.

What's happening in Mustang Lakes right now.

● Data as of Oct 17, 2026

Pulled straight from MLS data.

15

Homes for Sale

$906,900

Median List Price

$252.24

Median Price per Sq Ft

8

Median Days on Market

Homes for sale now

10

Price Reduced

Most homes here were built between 2020 and 2026.

Mustang Lakes by the numbers

3,481 sqft

Median home size

0.20 acres

Median lot size

2026

Median year built

67%

New construction

13%

Homes with a pool

100%

Homes in an HOA

Based on MLS listings in this community.

Taxes & jurisdiction

School district
Prosper ISD — most homes
Celina ISD — some homes
City
City of Celina
Property tax rate (2026 adopted)
2.0054%
  • Collin County0.1514%
  • Collin College0.0812%
  • Prosper ISD1.2011%
  • Celina City0.5717%

Some homes are in Celina ISD, with a combined rate of 2.0131%.Before exemptions such as homestead.Source: Collin County Tax Assessor-Collector, Oct 15, 2026

● According to Collin Central Appraisal District as of Oct 25, 2026

A few homes for sale in Mustang Lakes right now.

Mustang Lakes has 15 homes for sale.

Can't find what you need?

You're closer to everything than you think.

A short drive from Mustang Lakes puts you at some of the biggest draws in Dallas–Fort Worth.

Historic Downtown Celina

In Celina

6.9 mi drive

The Star

Frisco

17.2 mi drive

Stonebriar Centre

Frisco

18.2 mi drive

Ray Roberts Lake State Park

Pilot Point

25.1 mi drive

Universal Kids Resort

Frisco

PGA Frisco

Frisco

DFW International Airport

DFW Airport

39.6 mi drive

Baylor Scott & White Medical Center – McKinney

Full service with 24/7 Emergency

8 mi drive

Driving distances: © OpenStreetMap contributors, openrouteservice

Explore Celina homes.

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Macdonald Mapani

Macdonald Mapani

Macdonald Mapani · License #0687677

StepStone Realty, LLC

Buying or selling a home is personal. It's tied to your family, your plans and your peace of mind. I take the time to understand what matters most to you, and that guides everything we do. I'm in your corner from our first conversation until you're unlocking the door to your new home or closing on your sale.

Below are a few common questions. For anything else, schedule a call with me.

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