Luxury Highland Homes in Mustang Lakes! Discover the Premier Community in Celina, Texas

Scott Baxter • April 23, 2025

If you’re considering a move to North Dallas and are on the hunt for the best master-planned communities, you’ve got to explore Mustang Lakes. Nestled where Celina, Prosper, and McKinney converge, just north of Highway 380 and minutes from the Dallas North Tollway, Mustang Lakes offers a lifestyle that blends luxury, nature, and future-forward living. This article dives deep into what makes Mustang Lakes stand out, featuring a detailed tour of one of the most impressive Highland Homes model available in the community. Whether you’re a family looking for top-rated schools, an enthusiast of resort-style amenities, or someone who values a serene yet connected location, Mustang Lakes has something spectacular to offer.

Table of Contents

Welcome to Mustang Lakes: A Master-Planned Community Like No Other

Mustang Lakes isn’t just another neighborhood—it’s a lifestyle destination. Developed by the award-winning Cambridge Companies, Mustang Lakes is built across rolling hills with an impressive array of amenities that rival those of a country club. Imagine living in a place where your backyard feels like a private resort, complete with lakes, pools, parks, and trails.

  • Location: Strategically located at the junction of Celina, Prosper, and McKinney, Mustang Lakes offers quick access to US Highway 380 and the Dallas North Tollway, making daily commutes hassle-free while ensuring you’re tucked away from the city bustle.
  • Resort-Style Amenities: The community boasts a 12,000 square-foot private amenity center that was once a historic ranch house, now transformed into a vibrant hub for residents.
  • Water Features: Enjoy a private 20-acre lake with its own island, plus 14 stocked lakes scattered throughout the community for fishing and relaxation.
  • Outdoor Recreation: With 18 miles of hike and bike trails, playgrounds, pocket parks, tennis courts, basketball courts, and an amphitheater, there’s never a shortage of activities.
  • Fitness & Wellness: A full gym is available for residents, encouraging an active and healthy lifestyle.

Simply put, Mustang Lakes combines the peace of country living with the luxuries of modern suburban life.

Resort-style pool with cabanas at Mustang Lakes

Homes and Pricing: Luxury Options for Every Taste

The housing options at Mustang Lakes cater to a wide range of buyers, from those looking for spacious starter homes to those seeking grand estate living. Here’s what you can expect:

  • Price Range: Homes start in the $500,000s and can go up to over $3.5 million for estate properties.
  • Lot Sizes: Lot sizes vary dramatically, from 40-foot wide lots perfect for efficient living to sprawling full-acre estates for those who crave space and privacy.
  • HOA Fees: Monthly HOA fees range between $135 and $175, which includes front yard maintenance, ensuring the community always looks pristine and well-kept.
  • Property Taxes: The property tax rate hovers around 2.3%, which is competitive for the level of luxury and amenities offered.

Whether you want a cozy family home or a luxurious estate, Mustang Lakes is designed to meet your needs with style and convenience.

Top-Rated Schools in Prosper ISD

One of the biggest draws for families moving to Mustang Lakes is the community’s location within the Prosper Independent School District (ISD). Prosper ISD is highly rated and considered one of the top school districts in North Texas, making it a prime choice for parents who want the best education for their children.

  • The community even has its own elementary school located right inside Mustang Lakes, providing convenient access for young students.
  • For older students, Prosper ISD offers excellent middle and high schools, including Rogers Middle School and Walnut Grove High School, both known for their academic excellence and extracurricular opportunities.

Celina TX’s Smart City Vision: Future-Forward Living

Celina, the city where Mustang Lakes is located, is not just growing—it’s planning for the future with ambitious projects aimed at becoming a smart city. The city is investing in:

  • Tech-focused infrastructure that integrates real-time data and traffic systems.
  • Partnerships with innovative companies like Ways to develop smart traffic management.
  • Foundations to support futuristic technologies such as self-driving cars.

This forward-thinking approach means that Mustang Lakes residents are not only enjoying luxury and nature today but are also positioned to benefit from cutting-edge technological advancements tomorrow.

Celina Texas city planning and smart city initiatives

Inside the Highland Homes 608 Model at Mustang Lakes

Now, let’s step inside one of the standout homes in Mustang Lakes—the Highland Homes 608 model. This isn’t your typical Highland Home. It’s a massive, luxurious residence with five bedrooms, five bathrooms, and over 4,800 square feet of living space. Starting at around $1.25 million, this home is truly a showstopper.

First Impressions: Elegant and Spacious

Walking into the 608 model, the first thing that strikes you is the stunning office space immediately to the right. It features glass bookshelves, tall windows that flood the room with light, exposed beams, and a sophisticated chandelier. This is a workspace that inspires productivity and style.

Elegant office space with glass bookshelves and chandelier

Mother-in-Law Suite: Comfort and Privacy

Just off the entrance is a spacious bedroom suite, often referred to as a mother-in-law suite. Unlike smaller secondary bedrooms, this suite boasts its own bathroom, shower, and closet, offering ample privacy and comfort for guests or family members.

Living and Dining Areas: Open Concept with Architectural Flair

The living room area is expansive, featuring big wooden beams that add architectural interest and charm. The formal dining room is adjacent, with a dedicated wine cabinet and marble countertops that emphasize luxury. Large windows let in plenty of natural light, creating a warm and inviting atmosphere for family gatherings or entertaining guests.

Open concept living and dining area with large windows

Gourmet Kitchen: Chef’s Dream Come True

The kitchen is a highlight, equipped with a six-burner gas stove, stainless steel appliances, and marble countertops throughout. The large island offers ample space for meal prep or casual dining. There’s even a small office or study nook with its own door leading outside, perfect for focused work or homework time.

Primary Bedroom Suite: A Private Retreat

The primary bedroom continues the theme of vaulted ceilings and exposed beams, with a cozy sitting area and tall windows overlooking the backyard. The en-suite bathroom is spacious, featuring his and her vanities, a freestanding tub, a large walk-in closet, and a luxurious rainforest shower that provides a spa-like experience every day.

Secret Spaces and Thoughtful Details

The house has hidden gems, like a secret wine storage room tucked away for entertaining, and a charming outdoor fireplace seating area perfect for morning coffee or evening relaxation. The laundry room is surprisingly spacious and designed with a color scheme that makes it a pleasant space rather than a chore zone.

Entertainment and Family Spaces

No luxury home is complete without entertainment options. This model includes a dedicated movie room with two couches for family movie nights or watching your favorite shows. Conveniently, there’s a bathroom nearby for guests to use.

Upstairs Living: Flex Room and Second Primary Suite

The grand staircase leads to a flexible upstairs space perfect for kids to hang out or study at desks near windows that provide natural light. A unique feature is a small fridge area—complete with wine, no less—perhaps hinting at the second primary bedroom located upstairs.

This home has two primary bedrooms, which is ideal for multi-generational living or guests. The upstairs primary suite is just as spacious as the main one, complete with a full bathroom featuring a shower, bathtub, double vanities, and a large walk-in closet.

Additional Bedrooms and Bathrooms

The home also includes two more bedrooms, each with its own bathroom and closet. One bathroom features a fun four-wheel drive theme, reminiscent of an old Chevy K5 Blazer, adding a unique and high-end touch to the home’s finishes.

Outdoor Space: Room to Breathe and Entertain

The backyard is just as impressive as the interior, with a covered patio ready for entertaining and a large yard that spans approximately 86 feet wide by 155 feet deep. The generous lot size provides plenty of space for outdoor activities, gardening, or future expansions.

Covered patio and spacious backyard in Highland Homes 608 model

Amenities and Lifestyle at Mustang Lakes

Beyond the homes themselves, Mustang Lakes offers an unparalleled community experience. The original ranch house that once stood on the land has been transformed into the amenity center, featuring:

  • Rooms available to rent for parties or events
  • A bar area perfect for social gatherings
  • A state-of-the-art gym overlooking the water
  • Multiple pools including junior Olympic and resort-style pools with cabanas
  • Playgrounds, pocket parks, and an amphitheater for community events
  • Tennis and basketball courts for sports enthusiasts
  • 14 stocked fishing lakes for catch-and-release fishing

Another amenity center is planned for the future, ensuring that residents will continue to enjoy new and evolving community features.

Why Highland Homes? Quality and Popularity in DFW

Highland Homes is a well-known and respected builder throughout the Dallas-Fort Worth area. Their reputation for quality craftsmanship, attention to detail, and appealing floor plans makes them a favorite among homebuyers. In Mustang Lakes, Highland Homes offers a variety of lot sizes:

  • 60-foot lots: Starting in the high $900,000s, perfect for those seeking more affordable luxury options under $1 million.
  • 74-foot lots: Mid-range luxury homes with additional space and upgraded features.
  • 86-foot lots: The largest homesites in the community, often with estate-style homes.

With 18 different home plans available, Highland Homes caters to a wide range of preferences and budgets. For those looking to elevate their lifestyle even further, Highland Homes offers a “Lexus” version—an ultra-luxury home model priced around $4.5 million, featuring top-of-the-line finishes and expansive living spaces.

Schools: Prosper ISD's Excellence

Education is a cornerstone of the Mustang Lakes appeal. Zoned to Prosper ISD, the community benefits from some of the best schools in the Dallas-Fort Worth area:

  • Sam Johnson Elementary School- Located within Mustang Lakes, providing convenient access for families.
  • Rogers Middle School- Known for strong academics and extracurricular activities.
  • Walnut Grove High School- A top-rated high school with a focus on college readiness and athletics.

These schools are rated A+ and are among the most sought-after in the region, making Mustang Lakes an ideal choice for families prioritizing education.

Mustang Lakes is the Ultimate Luxury Living Destination

Mustang Lakes offers an extraordinary blend of luxury homes, resort-style amenities, top-tier schools, and future-focused city planning. Whether you’re drawn to the sprawling Highland Homes 608 model or one of the many other beautiful options, this community delivers on every front.

With prices ranging from the high $500,000s to multi-million dollar estates, and lot sizes that accommodate everything from cozy family homes to grand acre estates, Mustang Lakes is truly a premier master-planned community in Celina, Texas.

If you’re ready to experience the perfect combination of nature, luxury, and location — all supported by a smart city vision — Mustang Lakes should be at the top of your list!

Search for Homes Available in Mustang Lakes Celina TX here.

FAQs About Living in Mustang Lakes, Celina TX

What types of amenities are available in Mustang Lakes?

Mustang Lakes offers a 12,000 square-foot amenity center, junior Olympic and resort-style pools, splash pads, a private 20-acre lake with an island, 14 stocked lakes, 18 miles of hike and bike trails, playgrounds, tennis and basketball courts, a gym, and an amphitheater.

What is the price range for homes in Mustang Lakes?

Homes range from the mid $500,000s to over $3.5 million, with lot sizes varying from 40-foot wide lots to full-acre estates.

Which school district serves Mustang Lakes?

The community is located within the highly-rated Prosper Independent School District, known for its top-performing elementary, middle, and high schools.

Are there any special features in the Highland Homes 608 model?

Yes, the 608 model features five bedrooms, five bathrooms, over 4,800 square feet, two primary bedrooms, a gourmet kitchen with marble countertops, a movie room, a secret wine storage room, and expansive outdoor living spaces.

What is the property tax rate in Mustang Lakes?

The property tax rate is approximately 2.3%, which is competitive for a community offering this level of luxury and amenities.

Is Mustang Lakes planning for future technology integration?

Yes, Celina is working towards becoming a smart city with tech-focused infrastructure, real-time traffic data systems, and preparations for innovations like self-driving cars.

Thinking about making Mustang Lakes your new home? Reach out to local experts to explore available homes and get personalized guidance tailored to your lifestyle and budget. 

Search for Homes Available in Mustang Lakes Celina TX here.

scott baxter

Local Realtor. Builder Expert. Relocation Pro.


Based in Rockwall, Scott helps buyers and families navigate new construction and relocation across the Dallas metro — with straightforward advice, real video tours, and unmatched builder insight.

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