Mustang Homes under $400,000

Welcome to Mustang, Oklahoma – a charming city that beautifully blends suburban comfort with a vibrant community spirit. Nestled in Canadian County, Mustang offers the perfect balance of small-town charm and modern conveniences, making it an ideal place for families, professionals, and retirees alike. With its friendly atmosphere and a strong sense of community, Mustang is a place where neighbors become friends and every day feels like home.

One of the most appealing aspects of Mustang is its diverse array of homes, particularly those priced under $400,000. This price range offers a fantastic opportunity for first-time homebuyers, growing families, and those looking to downsize without compromising on quality. From cozy single-family homes to spacious townhouses, there’s something for everyone in this thriving market. Many of these homes feature modern amenities, open floor plans, and beautiful outdoor spaces, perfect for enjoying the warm Oklahoma sunshine.

Mustang is also known for its excellent schools, well-maintained parks, and a variety of recreational activities. Whether you enjoy outdoor adventures, local dining, or community events, there’s always something happening in Mustang. The city’s convenient location provides easy access to the larger Oklahoma City metropolitan area, allowing residents to enjoy the best of both worlds – the tranquility of suburban living and the excitement of city life.

If you’re searching for a welcoming community with affordable housing options, look no further than Mustang, Oklahoma. Discover your dream home in this delightful city today!

Newest Mustang Homes under $400,000

$239,900

3 Beds ⋅ 2 Baths ⋅ 1244902 MLS

A LITTLE HIDDEN GEM IN MUSTANG! Tucked away at the end of a quiet cul-de-sac, this charming home offers that hard-to-find combination of peaceful surroundings, a generous nearly half-acre lot, and a convenient Mustang location. Just off Morgan Road near SW 59th, you’re close to shopping, dining, schools, and major highways, while still enjoying the feeling of being tucked away from it all. Located in the highly sought-after Mustang School District, this inviting home offers comfortable living spaces with a traditional floor plan and plenty of natural light. The living room features a cozy fireplace, while the separate kitchen offers granite countertops, ample cabinetry, and room to gather. You’ll appreciate the updated bathrooms, newer windows, and newer HVAC system and water tank — giving you several of those important updates already in place. The primary bathroom also features a convenient fold-down shower seat. And the refrigerator stays, making the kitchen one less thing to worry about on move-in day. Outside is where this little gem really shines. The nearly half-acre backyard gives you room to spread out, with a covered patio ready for morning coffee, weekend grilling, entertaining, pets, play, or simply enjoying your own little slice of space. With easy access to Morgan Road, SW 59th, HWY 152, and the Kilpatrick Turnpike, this location makes getting around the metro convenient while still giving you that tucked-away neighborhood feel. A charming home, a peaceful cul-de-sac, a big backyard, Mustang schools, and updates that make moving in easier — this little hidden gem is ready to welcome you home.

1611 N Orchard Terrace, Mustang

$69,900

3 Beds ⋅ 2 Baths ⋅ 1252094 MLS

This has had a fire and needs someone to do a total rehab on it. Great locations with walking distance to the school. Bring your creativity and design I to bring this home back to life.

619 W Hillcrest Drive, Mustang

$364,900

4 Beds ⋅ 2 Baths ⋅ 1252055 MLS

Builder is offering $20,000 in buyer incentives that can be used toward closing costs, rate buy-down, or upgrades! The Ephesians offers a thoughtful balance of space, comfort, and style, designed to fit the needs of today’s families. This open-concept floor plan features three bedrooms, two bathrooms, and a private study that can double as a fourth bedroom or flex space. The spacious living, dining, and kitchen areas flow together seamlessly, creating the perfect setting for everyday living and entertaining. A large pantry, drop zone, and three-car garage provide ample storage and everyday convenience. The primary suite is tucked away for privacy and includes a well-appointed bathroom and a generous walk-in closet. With multiple elevation options and timeless curb appeal, The Ephesians delivers both function and modern charm. Schedule your private tour today!

5101 Misty Wood Lane, Mustang

$349,900

3 Beds ⋅ 2 Baths ⋅ 1252054 MLS

Builder is offering $20,000 in buyer incentives that can be used toward closing costs, rate buy-down, or upgrades! This home blends effortless elegance with practical comfort from the moment you step onto the covered front porch. Inside, the open concept living area centers around a designer fireplace and flows into a gourmet kitchen with a large island, custom cabinetry, high-end finishes, and a spacious walk-in pantry. The private primary suite features soft natural light, a ceiling fan, dual vanities, a soaking tub, a walk-in shower, ample linen storage, and a generous closet. Secondary bedrooms are well-appointed, and the guest bath includes a tiled tub-and-shower combo with elevated finishes. The large covered patio sets the stage for quiet mornings or evening gatherings. Backed by a 10-year structural warranty and additional manufacturer warranties, this home offers both style and peace of mind. Mustang Park adds a pool, workout center, greenbelts, and walkability to school, creating a lifestyle that’s as convenient as it is inviting.

5105 Misty Wood Lane, Mustang

$344,900

3 Beds ⋅ 2 Baths ⋅ 1252049 MLS

Builder is offering $20,000 in buyer incentives that can be used toward closing costs, rate buy-down, or upgrades! This brand-new 3-bedroom, 2-bath home offers an open floor plan designed for modern living. The spacious layout flows seamlessly from the kitchen to the dining and living areas, perfect for both everyday life and entertaining. A 2-car garage, energy-efficient features, and quality finishes add to the home’s comfort and value. Conveniently located near shopping, and dining, this home combines efficiency and style in a prime location.

4913 Misty Wood Lane, Mustang

$364,900

4 Beds ⋅ 2 Baths ⋅ 1252046 MLS

Builder is offering $20,000 in buyer incentives that can be used toward closing costs, rate buy-down, or upgrades! The David is a 1,838 sq open floor plan that offers 3 bedrooms plus a study (or 4th bedroom), 2 baths, and a 3-car garage. The spacious living room features an electric fireplace, the kitchen boasts an island and walk-in pantry, and the private primary suite includes double vanities and a large walk-in closet. Craftsman exterior with timeless curb appeal in a highly sought-after location. Community amenities include a pool, workout/rec center, basketball courts, and playground.

4901 Misty Wood Lane, Mustang

$359,900

4 Beds ⋅ 2 Baths ⋅ 1252042 MLS

Builder is offering $20,000 in buyer incentives that can be used toward closing costs, rate buy-down, or upgrades! Welcome to our John floorplan. This thoughtfully designed home is located in the heart of Mustang, where functionality meets everyday comfort. The open-concept layout centers around a spacious living and dining area that flows seamlessly into a modern kitchen with custom cabinetry, ample counter space, and an oversized island perfect for gathering. The private primary suite offers a relaxing retreat with a well-appointed en-suite bath and generous closet space, while secondary bedrooms are strategically placed for privacy and flexibility. A dedicated utility area, smart storage throughout, and an attached garage add convenience, while the included security system and full sprinkler system provide added peace of mind. Builder and lender incentives are available, and the home is backed by a 1-year builder warranty and a 10-year structural warranty, making this an exceptional opportunity in a highly desirable Mustang location.

4817 Misty Wood Lane, Mustang

$310,000

3 Beds ⋅ 2 Baths ⋅ 1251783 MLS

Don’t wait—get your booty over here and check out this well-maintained home! Offering 3 bedrooms, 2 bathrooms, and an actual office that can easily be converted into a 4th bedroom, this home has plenty of room to make it your own. The split floor plan offers added privacy, while hardwood floors throughout, fresh paint, and a cozy fireplace give the home a warm and welcoming feel. You’ll also love the 3-car garage and cute, fully fenced backyard. And talk about convenience—you’re just 5 minutes from Walmart, the hospital, restaurants, shopping, and everyday necessities, plus only about 10 minutes from Yukon. Great layout, great location, and ready for its next owner!

709 N White Tail Way, Mustang

$289,990

5 Beds ⋅ 3 Baths ⋅ 1251849 MLS

Franklin — 5 bed | 2.5 bath |1,892 sq ft Discover the Franklin plan, one of our new homes in Montage in Mustang. With 5 bedrooms, 2.5 bathrooms, and 1892 square feet, this home offers space and comfort. Secondary bedrooms are thoughtfully placed near the entry, leading you into the open-concept living spaces. The kitchen features 30” upper kitchen cabinets, soft-close cabinetry, chrome knob hardware, and stunning white quartz countertops on the front kitchen island, creating a clean, modern finish that elevates the space. At the back, the primary suite provides privacy with an adjoining bath and a generous walk-in closet. This home includes our Home Is Connected® smart home package — featuring a camera doorbell. It also comes with a fully sodded front and back yard. Upstairs, a loft and additional bedrooms create even more flexible living space. This design blends function and style, making it perfect for families searching for new homes in Oklahoma City.

11512 SW 38th Street, Mustang

$262,990

4 Beds ⋅ 2 Baths ⋅ 1251845 MLS

Estero — 4 bed | 2 bath | 1572 sq ft Discover the Estero plan, one of our new homes in Montage in Mustang. With 4 bedrooms, 2 bathrooms, and 1572 square feet, this home offers space and comfort. Secondary bedrooms are thoughtfully placed near the entry, leading you into the open-concept living spaces. The kitchen features 30” upper kitchen cabinets, soft-close cabinetry, chrome knob hardware, and stunning white quartz countertops on the front kitchen island, creating a clean, modern finish that elevates the space. At the back, the primary suite provides privacy with an adjoining bath and a generous walk-in closet. This home includes our Home Is Connected® smart home package — featuring a camera doorbell. It also comes with a fully sodded front and back yard. This design blends function and style, making it perfect for families searching for new homes in Oklahoma City.

11516 SW 38th Street, Mustang

$234,990

3 Beds ⋅ 2 Baths ⋅ 1251841 MLS

Barton — 3 bed | 2 bath | 1280 sq ft Discover the Barton plan, one of our new homes in Montage in Mustang. With 3 bedrooms, 2 bathrooms, and 1280 square feet, this home offers space and comfort. Secondary bedrooms are thoughtfully placed near the entry, leading you into the open-concept living spaces. The kitchen features 30” upper kitchen cabinets, soft-close cabinetry, chrome knob hardware, and stunning white quartz countertops on the front kitchen island, creating a clean, modern finish that elevates the space. At the back, the primary suite provides privacy with an adjoining bath and a generous walk-in closet. This home includes our Home Is Connected® smart home package — featuring a camera doorbell. It also comes with a fully sodded front and back yard. This design blends function and style, making it perfect for families searching for new homes in Oklahoma City.

11548 SW 37th Street, Mustang

$185,000

3 Beds ⋅ 2 Baths ⋅ 1251396 MLS

Come see this charming, 3 bedroom, 2 bathroom, 1250 sq/ft home nestled in the heart of Mustang. Featuring a fenced backyard, 2 car garage with covered parking, and a covered porch, there's plenty of space for parking and everyday living. The kitchen includes updated appliances and offers a fresh functional space for cooking and entertaining,. Enjoy added peace of mind with an in-ground storm shelter located inside the garage. Located right next to Mustang Public Schools, this house offers incredible conveniences for families, commuters, and anyone looking for easy access to amenities. Don't miss the opportunity to make this home yours! Home is Listed for Sale only By Licensed REALTOR® Twyla Taylor

926 S Highland Drive, Mustang

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