Mustang Ridge, located south of Austin, is quickly gaining attention as a budget-friendly option for homebuyers seeking new construction with larger lot sizes and proximity to major employers like Tesla. Here’s what you need to know:
- Affordable Homes: Prices range from $250,000 to $475,000+, with options for first-time buyers, families, and those seeking premium features.
- Convenient Location: Easy access to Highway 183 connects residents to downtown Austin, the airport, and the Tesla Gigafactory within 20-30 minutes.
- Variety of Options: Choose from entry-level homes, mid-range properties, or spacious acreage-style lots built by trusted names like D.R. Horton, Lennar, KB Home, and Century Communities.
- Growing Demand: Rising prices in nearby cities like Buda and Kyle make Mustang Ridge an attractive alternative for affordability and space.
Whether you’re a first-time buyer, a commuter, or a family needing more room, Mustang Ridge offers a range of choices with room for future growth.
Mustang Ridge New Home Price Ranges
When it comes to Mustang Ridge, the range of home prices is a big part of what makes this community so appealing. With three distinct price tiers, there’s something for nearly every kind of buyer, whether you’re just starting out, upgrading, or looking for a more luxurious option. Each tier highlights the variety and value Mustang Ridge brings to the table.
Entry-Level New Homes
In the $250,000–$325,000 range, Mustang Ridge offers an affordable way to step into the new home market. These homes typically feature three bedrooms and two bathrooms, designed with open layouts that feel modern and functional. Sitting on quarter-acre lots, they also provide more outdoor space than similarly priced homes closer to Austin’s center.
This price range is especially popular with young professionals and Tesla employees, thanks to its balance of affordability and a manageable commute.
Mid-Range Homes and New Builds
For those looking for a bit more space and upgraded features, the $325,000–$400,000 range has plenty to offer. Homes in this tier often include four bedrooms and two-and-a-half bathrooms, along with upgraded finishes, two-car garages, and covered patios. These homes are designed with families in mind, offering the space and amenities needed for day-to-day living.
Builders like D.R. Horton and Lennar are active in this segment, creating smaller subdivisions that combine modern conveniences with lower HOA fees. Many homes in this range also include smart home features and energy-efficient HVAC systems, adding long-term value. With larger lots – often around half an acre – these homes are perfect for adding extras like a pool, garden, or play area.
For families moving up from starter homes, this price bracket strikes the right balance between practicality and comfort.
Larger Homes with Upgrades
If you’re looking for more space and premium features, Mustang Ridge’s $425,000–$475,000+ range delivers. These homes cater to buyers who want luxury finishes and expansive layouts. Think five or more bedrooms, multiple living areas, and standout features like spacious kitchen islands, walk-in pantries, and spa-inspired master bathrooms.
Builders such as KB Home and Century Communities have focused on this tier, offering homes on acreage-style lots – sometimes as large as one or two acres. These larger lots make it easy to create custom outdoor spaces, whether it’s a patio, garden, or even a pool. Buyers moving from Austin’s inner suburbs often appreciate the combination of newer construction, room to breathe, and the relaxed, small-town vibe Mustang Ridge offers.
Together, these price ranges showcase how Mustang Ridge blends affordability with space and lifestyle, making it a standout choice for homebuyers.
New Communities and Builders in Mustang Ridge
The real estate scene in Mustang Ridge showcases its growing reputation as a budget-friendly alternative to Austin’s pricier housing markets. Buyers can explore a mix of cozy subdivisions and spacious acreage-style communities, each catering to different preferences. This variety strikes a balance between affordability and quality of life, offering a closer look at the area’s evolving developments.
Small Subdivisions and Family-Friendly Neighborhoods
Many of the new homes in Mustang Ridge are found in smaller subdivisions designed with families in mind. These neighborhoods often feature parks, walking trails, and playgrounds that encourage a close-knit community feel. Their compact design allows for efficient use of space and flexible layouts, making them a great fit for modern households.
Acreage-Style Properties for Space and Privacy
For those who dream of more room to breathe, Mustang Ridge also offers acreage-style properties. These homes are set on larger lots, giving residents the opportunity to create personalized outdoor spaces. Combining the tranquility of semi-rural living with easy access to modern conveniences, these communities appeal to buyers who want a quieter lifestyle without sacrificing essential amenities.
Builders Shaping Mustang Ridge
Several prominent builders are actively shaping the Mustang Ridge housing market:
- D.R. Horton: Known for practical floor plans that cater to families, offering affordability without compromising functionality.
- Lennar: Features their "Everything’s Included" approach, bundling modern features and smart home technology into every home as a standard.
- KB Home: Focuses on personalization, allowing buyers to customize their homes to meet their specific needs and preferences.
- Century Communities: Plays a key role in developing acreage-style properties, emphasizing spacious lots and privacy.
Who Should Consider Mustang Ridge Homes
Mustang Ridge has become a popular choice for buyers searching for affordable and spacious new homes just outside the pricier central markets. Let’s dive into why this area is a great match for first-time buyers, commuters, and families looking to grow.
First-Time Buyers
For those stepping into homeownership, Mustang Ridge offers a great opportunity. With entry-level homes priced around $250,000 to $325,000 and lower HOA fees, buyers can stretch their budgets further here compared to markets like Austin, Buda, or Kyle. These homes come with modern designs and larger lots, making them a smart choice for those starting their journey as homeowners.
Tesla Employees and Commuters
The opening of Tesla’s Gigafactory Texas has drawn attention to Mustang Ridge, especially among employees and commuters looking for affordable housing with a reasonable drive. Situated just 20–25 minutes away via Hwy 183, the area provides a predictable commute, making it a practical option for professionals aiming to balance work and life.
Families Seeking Space and Affordability
For families looking for room to grow, Mustang Ridge delivers on space and value. The area’s small-town atmosphere, quiet streets, and access to community amenities create an ideal setting for family life. Nearby outdoor spots like McKinney Falls add to the appeal. Plus, some developments include acreage-style properties, offering extra room for multigenerational households, home offices, or recreational activities.
Tips for Buying New Homes in Mustang Ridge
Purchasing a home in Mustang Ridge can be a smart move if you understand the local market and plan with the future in mind. The area’s appeal, combined with its potential for growth, makes it an enticing option for buyers.
Understanding HOA Costs
A big perk of buying a new construction home in Mustang Ridge is how homeowners association (HOA) fees are handled. Typically, these fees are built into your overall monthly payment, giving you a clear picture of your financial commitment right from the start. This setup not only simplifies budgeting but also ensures you’re covered for basic community upkeep and services – all without unexpected surprises.
Commute Patterns and Transportation
Transportation is an important consideration in Mustang Ridge, especially since public transit isn’t available. Having a personal vehicle is essential. As local realtor Esmerelda Colon-Zuniga points out:
"You’re still about 30 minutes from downtown, 10 minutes from the airport and maybe 20 minutes from Tesla, for those working in these areas." – Esmerelda Colon-Zuniga, Safeco Realtor
State Highway 183 is the main route heading north, offering direct access to Austin-Bergstrom International Airport and the Tesla Gigafactory. For those looking to avoid traffic, the Pickle Parkway toll road (SH 130) provides an alternative, ensuring smoother travel during busy hours.
Property Value Growth Potential
Mustang Ridge isn’t just convenient – it’s also poised for growth. With its affordability and proximity to major employers like Tesla, the area is seeing rising demand. This demand, coupled with spillover interest from more expensive nearby markets, creates an environment where property values are likely to climb. Builders like D.R. Horton, Lennar, and KB Home are already investing in the area, introducing new communities that reflect confidence in its future. For buyers, this means an opportunity to secure a home in a growing market while prices are still within reach.
Conclusion
Mustang Ridge brings together affordability, a convenient location, and a variety of housing choices, making it an appealing option for homebuyers. Its proximity to major employment hubs and a range of price points across different housing styles make it a compelling choice for those looking to balance value with convenience.
The area’s steady growth highlights its rising popularity among buyers. With established builders like D.R. Horton, Lennar, and KB Home actively developing the community, there’s strong potential for long-term property value appreciation.
What sets Mustang Ridge apart is its unique mix of small-town charm and easy access to urban amenities. Whether you’re looking for a cozy starter home or a spacious family property, this community offers something for everyone. Plus, recreational opportunities and a peaceful atmosphere add to its overall appeal.
As demand spills over from pricier markets, Mustang Ridge offers a chance to secure a home in a growing community with solid market fundamentals and the potential for future appreciation.
Explore new construction homes in Mustang Ridge today. Reach out to Taco Street Locating for a curated list of available properties that match your budget and lifestyle.
Last updated: October 2025
FAQs
Why should homebuyers consider Mustang Ridge instead of nearby areas like Buda or Kyle?
Mustang Ridge has become an attractive option for homebuyers, thanks to its budget-friendly homes and prime location. Compared to neighboring areas like Buda or Kyle, homes in Mustang Ridge often come at a lower price point. Entry-level homes typically range from $250,000 to $325,000, while most new construction falls between $325,000 and $400,000. This makes it a great choice for first-time buyers or anyone aiming to stretch their budget further.
The location adds even more appeal. Mustang Ridge sits conveniently close to major employers like Tesla and Austin-Bergstrom International Airport, with easy access via Hwy 183. For professionals, this means a short and manageable commute. Pair that with the area’s peaceful, small-town atmosphere and the potential for property values to climb, and it’s easy to see why Mustang Ridge is gaining attention in the market for new homes.
What are the price ranges for homes in Mustang Ridge, and how do they meet different buyer needs?
Mustang Ridge offers homes at various price points, catering to different budgets and preferences. Entry-level homes are available between $250,000 and $325,000, making them a great option for first-time buyers or those looking for more affordable housing. Newer builds typically range from $325,000 to $400,000, featuring modern designs and amenities that suit families or individuals seeking a balance of comfort and style. If you’re after more space or upscale finishes, larger homes start at $425,000 and above.
These pricing options are tailored to attract a diverse group of buyers, from first-time homeowners to families needing extra room and professionals looking for budget-friendly choices near Austin. Whatever you’re searching for, Mustang Ridge blends value, convenience, and quality to meet your housing needs.
What makes Mustang Ridge a promising area for growth, especially for Tesla employees and other nearby workers?
Mustang Ridge is gaining momentum as a hotspot for growth, thanks to its budget-friendly housing and excellent location. Situated just 20–30 minutes from major employers like Tesla, it offers a convenient living option for those working in and around Austin without the hefty price tag.
The town is also seeing an upswing due to expansion from nearby cities like Buda and Kyle. Add to that the steady development of new communities, and it’s easy to see why Mustang Ridge is becoming a go-to choice. With a mix of affordable homes, family-oriented neighborhoods, and even larger acreage properties for those craving extra space, it’s attracting first-time buyers, families, and professionals looking for a place to call home.