on October 27, 2026
If you’ve been searching for homes for sale in Mustang Lakes in Celina, Texas, this one deserves a closer look.
A beautiful single-story Britton home in Mustang Lakes recently received a price reduction of more than $200,000, bringing its asking price to approximately $700,000 at the time of our tour.
With over 3,000 square feet, four bedrooms, a dedicated home office, a media room, and a three-car garage, this property offers a lot of space in one of North Texas’s popular master-planned communities.
But is it actually a good deal?
Let’s take a closer look at the home, what makes Mustang Lakes so desirable, and a few important costs buyers need to understand before making a move.
Watch the full video tour below:
**Watch the full video here: https://youtu.be/wgCfzOdBP78
In the video, we walk through the entire property, including the kitchen, living room, primary suite, media room, backyard, and secondary bedrooms.
We also discuss the Mustang Lakes lifestyle and why comparing total monthly housing costs is important when shopping for homes in Celina and Prosper.
One of the biggest selling points of this property is its single-story floor plan.
Finding a spacious one-story home with a separate office and media room can be appealing to buyers who want flexibility without having to navigate a traditional two-story layout.
The home also features tall ceilings, glass office doors, a tankless water heater, and plenty of storage throughout.
The kitchen is one of the highlights of this home.
You’ll find a six-burner gas cooktop, double ovens, a large island, and a pull-out trash cabinet.
The kitchen opens into a spacious living area, making it a practical layout for entertaining guests or spending time with family.
One interesting design choice is the corner fireplace.
Would you mount the television above the fireplace or place it on the adjacent wall?
It’s a small detail, but furniture placement and how you actually use a room are worth considering when touring homes.
The primary bedroom offers generous space, but the bathroom and closet layout really stand out.
Features include:
One of the most surprising features was the shower bench.
After touring several higher-priced homes in Mustang Lakes, this was the first one we encountered with that feature.
It’s a great example of why the most expensive home doesn’t always have every feature a buyer wants.
Another advantage of this property is having both a dedicated office and a separate media room.
The office sits near the front entrance and features tall ceilings and glass doors.
The media room is prewired for six speakers and offers a separate space for movies, sports, gaming, or entertainment.
Having both rooms on a single floor makes the layout especially flexible.
Mustang Lakes is a large master-planned community in the Celina and Prosper area of North Texas.
For many buyers, the attraction goes beyond the individual homes.
It’s the combination of neighborhood amenities, outdoor spaces, and location that makes Mustang Lakes worth exploring.
The community offers amenities such as:
These amenities can be especially appealing to buyers who want recreational opportunities close to home.
One important detail to understand is that not every home in Mustang Lakes has the same school zoning.
Different sections of the community may be served by Prosper ISD or Celina ISD.
If school zoning is important to your home search, make sure to verify the assigned schools for the specific property address rather than assuming every home in Mustang Lakes is zoned the same way.
Before purchasing a home in Mustang Lakes, it’s important to look beyond the listing price.
Some properties in the community have an additional Public Improvement District (PID) assessment.
A PID is a financing mechanism that helps fund certain public infrastructure and improvements within a designated area.
These assessments can increase the overall cost of owning a home.
Imagine comparing two homes:
Home A: $700,000 in a community with an additional PID assessment.
Home B: $750,000 in a community without that additional assessment.
Even though Home B has a higher purchase price, the difference in monthly ownership costs may be smaller than you initially expect.
Depending on financing, property taxes, insurance, HOA dues, and assessments, the comparison can look very different.
That’s why I encourage buyers