Mustang Homes under $400,000

Welcome to Mustang, Oklahoma – a charming city that perfectly blends small-town charm with modern conveniences. Nestled in Canadian County, Mustang is just a short drive from the bustling city of Oklahoma City, making it an ideal location for those seeking a peaceful suburban lifestyle without sacrificing access to urban amenities. With its friendly community, excellent schools, and beautiful parks, Mustang is a wonderful place to call home.

One of the most appealing aspects of Mustang is its diverse real estate market, particularly for those looking for homes under $400,000. Here, you’ll find a variety of options that cater to different tastes and lifestyles. From cozy single-family homes with spacious yards to contemporary townhouses with modern finishes, Mustang offers something for everyone. This affordability allows families, first-time homebuyers, and retirees alike to find their perfect sanctuary without breaking the bank.

The city is known for its strong sense of community, hosting numerous events throughout the year that foster connections among residents. Enjoy a leisurely stroll through the local parks, where children can play and families can gather for picnics. The Mustang Public Schools district is highly rated, ensuring that education is a top priority for families living in the area.

If you're looking for a place that combines affordability, community spirit, and accessibility, Mustang, Oklahoma, is the perfect destination for your next home. Explore the wonderful homes available under $400,000 and discover the charm of Mustang – where your dream home awaits!

Newest Mustang Homes under $400,000

$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

Welcome to this charming, 3 bedroom 2 bathroom home offering 1250 square feet of comfortable living space in a convenient location! 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

$250,000

3 Beds ⋅ 2 Baths ⋅ 1251741 MLS

Home sweet home! welcome in to this well maintained 3 bedroom, 2 bathroom, brick home, located in Canadian Estates, on a quiet street with great neighbors! The kitchen offers lots of storage and flows into the living area, a dual sided wood burning fireplace will keep you cozy in the dining area and living room. French doors open to the backyard and covered patio. A large updated hall bathroom, and 2 bedrooms provide plenty of space for family, or guests. The primary suite has its own private bath along with an add on that attaches to the garage. Offering a nice flex space. Work benches in the garage will stay. This home has been well loved and is ready for its next chapter.

2014 E Canadian Court Terrace, Mustang

$355,000

3 Beds ⋅ 3 Baths ⋅ 1251334 MLS

Beautiful 3-bedroom, 2.5-bath home featuring an open-concept living space, abundant counter space, and a great pantry. The spacious primary suite includes an Australian-style closet, and the home also offers a dedicated office/study. The house offers a full house generator. Step outside to enjoy the beautiful back yard, large patio for entertaining and relaxing with a raised vegetable garden bed. Mustang has so much to offer with restaurants and businesses and close to OKC for big city entertainment.

709 E Barajas Terrace, Mustang

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