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Mustang Lakes, Celina TX
Filmed by Albert · Mustang Lakes

Celina, Texas

Mustang Lakes, Celina

A Celina master plan on the Prosper border with eight listed builders and new homes from the $500s to $3.5 million plus.

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Overview

Inside Mustang Lakes

Mustang Lakes is a master-planned community with a Celina address (75009) on the Prosper and Celina border. The community markets itself as zoned to Prosper ISD, and its amenities include a 20-acre park with a private lake and island, resort-style pools, a fitness center and about 18 miles of trails, according to a builder listing.

The lesson for buyers: with eight builders in one community, you can compare the same location at very different price points. Coventry listed a 40 ft collection from $479,990 while Highland listed 86 ft lots from $1 million in October 2026. Shop the builders side by side, and ask each one which section your lot is in, because school assignment and any special district details are confirmed per address.

Before you visit a model home

The builder's rep works for the builder. I work for you.

As your agent I owe you fiduciary duties under Texas law: I have to put your interests above everyone else's, including my own, and tell you anything material I learn about the deal. In that sales office, I'm the only real advocate you have.

I read the build, not the brochure

I've spent more than ten years in construction and remodeling, and I'm still involved with MTR, my family's remodeling company. I walk the slab, the framing before drywall and the final with you and your inspector, and I know what to push back on.

Every builder on one page

A builder's rep sells one community. I put your budget side by side across builders, with the PID or MUD, the school district and the incentive each one is offering that month.

Incentives that lower your payment

Builders offer price cuts, closing costs or a rate buydown. I run the numbers on each option so you take the one that does the most for your monthly payment.

In English or Spanish, start to keys

Builders write their own contracts, not the standard state forms. I go through every page with you, in English or Spanish, and stay on it until you have the keys.

Build with Albert →

On new construction the builder usually pays my fee, and I confirm it in writing before you sign. Bring me, or register me, on your first visit, because many builders won't add an agent later.

Around town

Around Mustang Lakes

Storefronts on the historic downtown square in Celina, Texas
Celina Square

Photos via Wikimedia Commons. Celina Square: Nicolas Henderson from Coppell, Texas,

At a glance

The facts

Celina, TX 75009 (Roseland Parkway)[1]
Address
on the Prosper and Celina border
Prosper ISD[1]
School district
Highland lists Prosper ISD and Celina ISD, verify by address
$500s to $3.5M+[1]
New home pricing
community website, Oct 2026
8 plus custom[1]
Builders listed
About 18 miles[2]
Trails
20 acres with private lake and island[2]
Park
Builders
American Legend HomesBritton HomesCoventry HomesDavid Weekley HomesHighland HomesHuntington HomesPerry HomesTradition Homes
Amenities

20-acre park with private lake and island, Resort-style pools, Fitness and amenity center, Competition sport courts and tennis, About 18 miles of trails

Location

The Mustang Lakes information center is at 2682 Roseland Parkway in Celina, and Highland Homes describes the community as sitting on the Prosper and Celina border.

Taxes, MUD and PID

The community and builder pages did not publish a tax rate or PID/MUD status. Because this community straddles a city line and two school districts appear in builder materials, I pull the exact taxing entities for each address before you commit.

On the map

Where Mustang Lakes sits

Drive times, schools and shopping around it. Ask me for a tour of the area.

Open in Google Maps →

Albert Angarita, REALTOR
Reviews

See what clients say.

Read reviews from buyers, sellers and renters on Google, then ask me anything. I answer the same day, in English or Spanish.

FAQ

About Mustang Lakes

Is Mustang Lakes in Celina or Prosper?
Mustang Lakes uses a Celina, TX 75009 address and sits on the Prosper and Celina border. Many buyers know it for Prosper ISD schools, but builder materials mention both Prosper ISD and Celina ISD, so check the district for the exact lot.
How much do homes cost in Mustang Lakes?
The community website listed new homes from the $500s to more than $3.5 million in October 2026. Coventry listed a 40 ft collection from $479,990 and Highland listed 86 ft lots from $1 million, so lot size is the biggest price lever.
Who builds in Mustang Lakes?
The community lists American Legend, Britton, Coventry, David Weekley, Highland, Huntington, Perry and Tradition Homes, plus custom builders. Compare at least two on the same lot width to see real price differences.
What is the HOA in Mustang Lakes?
The community lists a resident HOA office but does not publish dues online. Highland notes front yard maintenance is included in the HOA for some sections, so ask for the current dues and what they cover in writing.
Builder offers

Current incentives here

Posted offers from builders in this community, checked against each builder's own site. Most require the builder's lender, and the posted number is where negotiating starts. Bring your agent to the first visit.

Coventry Homes

Sales event price reductions on move-in ready homes, up to $239K off on select homes (60+ DFW homes listed)

Discounts are per home and vary widely. Prices subject to change.

No end date posted · Checked Oct 20, 2026 · Builder source

Huntington Homes

$20,000 incentive to buy down the interest rate, reduce closing costs, or put toward Design Center options ($15,000 if using an outside lender)

Offer available Oct 1 to Dec 31, 2026 on new builds and quick move-in homes. Full $20,000 requires the optional preferred lender incentive with Highland HomeLoans; $15,000 with other lenders. Offered through Highland Homes, Huntington's affiliate.

Expires 2026-12-31 · Checked Oct 20, 2026 · Builder source

Recent sales

Every home that sold in Mustang Lakes, last 90 days

Sale price, price per square foot and days on market for each sale, pulled from the MLS by Albert. Useful if you are thinking about selling or want to know if a listing is priced right.

Listing alerts

New listings in Mustang Lakes, straight from the MLS

Albert sets up an MLS search with your price range, and new homes reach you the day they hit the market, with photos, price and history. Your number stays with Albert.

Albert confirms by text. Stop anytime.
Talk to Albert

Looking in Mustang Lakes?

I track new listings, resale history and builder incentives here. Tell me what you need and I'll send what fits.

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