Landowner Bob Folsom once raised race horses on the site.
East of Preston Road, the topography changes from farming and ‘bottomland’ to hills, creeks, and trees. The land plan for the new Mustang Lakes takes full advantage of that. It’s on the site of the previous Mayor Bob Folsom’s Twin Eagles race horse farm – where he bred and raised horses – one of them notably being named Mare of the Year. Dallas-based Cambridge Companies is taking Folsom’s old ranch house and renovating it into a 12,000 square foot amenity center. The homeowner’s dues will be similar to other area communities but will feature a country club amenity-rich lifestyle. However, instead of a golf course, everyone will be able to enjoy the open space and natural beauty.
Homes priced from $300’s to $1 million are being constructed by Drees Homes, Highland Homes, KHovnanian Homes and Shaddock Homes. The community is located at the Celina/McKinney/Celina border and will be served by the highly-acclaimed Prosper Independent School District.
Here are links to two short videos you might enjoy. One of them is a flyover of the amenity center.