Nestled in Celina, Texas, Mustang Lakes combines luxurious homes with natural serenity. This award-winning, master-planned community is more than just a neighborhood; it’s a destination for those seeking both sophistication and tranquility.
The development is on the old Twin Eagles Farms, a Texas ranch owned by former Dallas Mayor Bob Folsom, where thoroughbred horses were bred and trained. The Twin Eagles originally spanned approximately 800 acres, featuring a main ranch house, indoor and outdoor riding arenas, five barns and a foreman’s home. Mustang Lakes was thoughtfully developed to honor the land’s legacy, prioritizing preservation and celebrating its vibrant horse racing heritage.
Mustang Lakes has a variety of villages within the community offering homes from the $500s to $4 million-plus. Homesites vary from duplex-style villas to 100-foot-wide lots and even 1-acre homesites. There will be about 3,100 homes in this stunning master-planned community. Each village offers a range of home styles by some of Texas’s finest builders to meet the needs of any family size.
But Mustang Lakes does offer something quite unique within master-planned communities – exceptionally large lots for executive and estate homes. The Twin Eagles village offers rare 100-foot wide homesites with stunning homes by Huntington Homes and traditional homes starting from $1.7 million; new 100-foot models are open. In Rosebrook, home buyers will find 1 to 1.5-acre lots perfect for building a custom home. This village celebrates individuality and craftsmanship, partnering with a select group of approved builders renowned for their expertise.
One of the defining features of Mustang Lakes is its ability to balance privacy with community. The expansive community ensures plenty of room to breathe, offering a sense of seclusion that’s hard to find in other master-planned developments. Yet the community’s thoughtful design encourages interaction and connection. Neighbors gather at the clubhouse, families bond over shared activities and friendships are forged at community events.
At its heart lies a 12,000-square-foot clubhouse, a hub of activity and relaxation. Whether a resident is hosting a gathering in the elegant event spaces, enjoying a cup of coffee in the lounge or working remotely in one of the thoughtfully designed common areas, the clubhouse offers a welcoming environment for all.
With a lifestyle director on staff there is always something to do, from holiday celebrations to wine tastings, fitness classes to farmers markets, Mustang Lakes fosters connections among neighbors.
“I have had the privilege of working on many single-family projects over my 30-year career, and Mustang Lakes is the finest tract of land I have ever worked on. We have endeavored to do our best work developing it,” said Matt Alexander, chief visionary and marketing officer for Cambridge Companies.
Fitness enthusiasts will appreciate the professional-level gym, equipped with state-of-the-art machines and space for yoga, Pilates or strength training. Step outside to discover resort-style pools, tennis courts and 18 miles of trails for jogging, biking or an evening stroll.
For families with school-aged children, Mustang Lakes offers access to some of the best educational opportunities in North Texas. Located mostly within the highly acclaimed Prosper Independent School District, the community is served by top-rated schools that prioritize academic excellence and personal growth. Starting in 2025, some homes in Mustang Lakes will be zoned for the excellent Celina ISD, with a new Celina ISD elementary coming to the community soon.
Nestled amidst lush greenery, Mustang Lakes offers residents the unique opportunity to enjoy the great outdoors without leaving the neighborhood. The community is home to a 5-acre stocked lake with an island with additional stocked lakes throughout the community. Families can spend weekends fishing or simply picnicking by the water, while children delight in the expansive playgrounds and sport courts.
As you envision life in Mustang Lakes, one question comes to mind: What would your dream home look like? Perhaps it’s a home office with beautiful views, a chef’s kitchen designed for hosting gatherings or a game room where kids can play. Maybe it’s an outdoor oasis complete with a pool, firepit and space for family barbecues under the Texas stars.
“One of my favorite quotes from a resident is that they love living in Mustang Lakes because every day they feel like they live in a resort,” Alexander said.
With a variety of home styles and lot sizes available, Mustang Lakes offers a range of new home options from American Legend Homes, Britton Homes, Coventry Homes, David Weekley Homes, Highland Homes, Huntington Homes, Perry Homes, Tradition Homes and a selection of custom homebuilders.
So, take the drive down that scenic entrance and let the magic of Mustang Lakes unfold before you. Discover a community where luxury meets nature, where custom homes meet boundless possibilities, and where your dream life awaits
"[One resident said] they feel like they live in a resort."