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Tour Options: In-Person, Video Video Tours Many properties are now offering LIVE tours via FaceTime and other streaming apps.

Language: English

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View All Hours Office Hours Monday - Thursday, 10am - 6pm Friday, 10am - 5pm Saturday & Sunday, Closed

Mustang Village media gallery Unit
call 940-400-3647
Floor Plan View Body
Texas Wichita County Wichita Falls Southwest Wichita Falls

Mustang Village

5005 Lake Park Dr, Wichita Falls, TX 76302

Off-Campus Housing
4.6
Renter Rating 27 Reviews
Verified Listing CoStar Verified® Listing

This Listing has been verified by CoStar’s listing verification process, which combines internal screening and fraud detection technology. Always beware of scams.

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940-400-3647
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  • Monthly Rent

    $530 - $650

  • Bedrooms

    2 - 3 bd

  • Bathrooms

    2 - 3 ba

  • Square Feet

    800 - 1,200 sq ft

Mustang Village
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Welcome to Mustang Village! We offer spacious 2 and 3 bedroom apartments that boast private bedrooms, walk-in closets and private bathrooms for all! Our large open concept common area is perfect for relaxing after class or having friends over for dinner. Each apartment is fully furnished with a modern furniture package. Your new home will also include all the major appliances such as refrigerator, stove, microwave, dishwasher, garbage disposal, and in-unit washer and dryer. High-speed internet, water, and sewer service are all included in your regular monthly rental installment. When you're not in class or exploring the surrounding area, enjoy our numerous on-site community amenities. You'll love relaxing at our resort-style pool, hanging out in our resident clubhouse and study library, challenging your roommates to a game of ping pong, and working toward your fitness goals in our fitness center and at our basketball court.

Read More

Highlights

  • Top Rated by Renters
  • By-The-Bed Leasing
  • Furnished Units Available
  • Basketball Court
  • Pool
  • Walk-In Closets
  • Planned Social Activities
  • Controlled Access
  • Individual Locking Bedrooms

Pricing & Floor Plans

filter results by bedrooms
2 Bed / 2 Bath
$640 – $650 / Person 2 Beds 2 Baths 800 Sq Ft
10 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit Private
    price $650
    square feet 800
    availibility Now
  • Unit Private
    price $650
    square feet 800
    availibility Now
  • Unit Private
    price $640
    square feet 800
    availibility Aug 15
  • Unit Entire
    price $640
    square feet 800
    availibility Aug 15
  • Unit Entire
    price $640
    square feet 800
    availibility Aug 15
  • Unit Entire
    price $640
    square feet 800
    availibility Aug 15
  • Unit Private
    price $640
    square feet 800
    availibility Aug 15
  • Unit Private
    price $640
    square feet 800
    availibility Aug 15
  • Unit Private
    price $640
    square feet 800
    availibility Jan 11, 2027
  • Unit Entire
    price $640
    square feet 800
    availibility Jan 11, 2027

3 Bed / 3 Bath
$530 – $550 / Person 3 Beds 3 Baths 1,200 Sq Ft
10 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit Private
    price $550
    square feet 1,200
    availibility Now
  • Unit Private
    price $550
    square feet 1,200
    availibility Now
  • Unit 2 Private Rooms
    price $530
    square feet 1,200
    availibility Aug 15
  • Unit 2 Private Rooms
    price $530
    square feet 1,200
    availibility Aug 15
  • Unit Private
    price $530
    square feet 1,200
    availibility Aug 15
  • Unit Private
    price $530
    square feet 1,200
    availibility Aug 15
  • Unit Private
    price $530
    square feet 1,200
    availibility Aug 15
  • Unit 2 Private Rooms
    price $530
    square feet 1,200
    availibility Aug 15
  • Unit 2 Private Rooms
    price $530
    square feet 1,200
    availibility Jan 11, 2027
  • Unit Private
    price $530
    square feet 1,200
    availibility Jan 11, 2027

2 Bed / 2 Bath
$640 – $650 / Person 2 Beds 2 Baths 800 Sq Ft
10 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit Private
    price $650
    square feet 800
    availibility Now
  • Unit Private
    price $650
    square feet 800
    availibility Now
  • Unit Private
    price $640
    square feet 800
    availibility Aug 15
  • Unit Entire
    price $640
    square feet 800
    availibility Aug 15
  • Unit Entire
    price $640
    square feet 800
    availibility Aug 15
  • Unit Entire
    price $640
    square feet 800
    availibility Aug 15
  • Unit Private
    price $640
    square feet 800
    availibility Aug 15
  • Unit Private
    price $640
    square feet 800
    availibility Aug 15
  • Unit Private
    price $640
    square feet 800
    availibility Jan 11, 2027
  • Unit Entire
    price $640
    square feet 800
    availibility Jan 11, 2027

3 Bed / 3 Bath
$530 – $550 / Person 3 Beds 3 Baths 1,200 Sq Ft
10 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit Private
    price $550
    square feet 1,200
    availibility Now
  • Unit Private
    price $550
    square feet 1,200
    availibility Now
  • Unit 2 Private Rooms
    price $530
    square feet 1,200
    availibility Aug 15
  • Unit 2 Private Rooms
    price $530
    square feet 1,200
    availibility Aug 15
  • Unit Private
    price $530
    square feet 1,200
    availibility Aug 15
  • Unit Private
    price $530
    square feet 1,200
    availibility Aug 15
  • Unit Private
    price $530
    square feet 1,200
    availibility Aug 15
  • Unit 2 Private Rooms
    price $530
    square feet 1,200
    availibility Aug 15
  • Unit 2 Private Rooms
    price $530
    square feet 1,200
    availibility Jan 11, 2027
  • Unit Private
    price $530
    square feet 1,200
    availibility Jan 11, 2027

* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out.View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.
* Square footage definitions vary. Displayed square footage is approximate.

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.

  • Utilities & Essentials
    • Green Fee
      Charged per unit.
      $10 / mo
    • Electricity Package
      Charged per unit.
      $30 / mo
  • One-Time Basics
    • Due at Application
      • Application Fee
        Charged per applicant.
        $75
    • Due at Move-In
      • Administrative Fee
        Charged per unit.
        $0
      • Security Deposit
        Charged per unit.
        $200
  • Dogs
    • One-Time Pet Fee
      Max of 2. Charged per pet.
      $250 - $250
    • Monthly Pet Fee
      Max of 2. Charged per pet.
      $30 / mo
    50 lbs. Weight Limit
    Restrictions:
    Restricted Breeds: German Shepherd, Akita, Doberman Pinscher, Rottweiler, Dalmatian, Pit Bull, Chow, Wolf Hybrid or Bull Mastiff. <br /> Restricted Animals: birds, parrots, toucans, hamsters, gerbils, snakes, frogs, spiders, ferrets or other exotic animals.
    Read More Read Less
  • Cats
    • One-Time Pet Fee
      Max of 2. Charged per pet.
      $250 - $250
    • Monthly Pet Fee
      Max of 2. Charged per pet.
      $30 / mo
    50 lbs. Weight Limit
    Restrictions:
    Restricted Breeds: German Shepherd, Akita, Doberman Pinscher, Rottweiler, Dalmatian, Pit Bull, Chow, Wolf Hybrid or Bull Mastiff. <br /> Restricted Animals: birds, parrots, toucans, hamsters, gerbils, snakes, frogs, spiders, ferrets or other exotic animals.
    Read More Read Less
  • Fish
    Max of 2, 50 lbs. Weight Limit
    Restrictions:
    Restricted Breeds: German Shepherd, Akita, Doberman Pinscher, Rottweiler, Dalmatian, Pit Bull, Chow, Wolf Hybrid or Bull Mastiff. <br /> Restricted Animals: birds, parrots, toucans, hamsters, gerbils, snakes, frogs, spiders, ferrets or other exotic animals.
    Read More Read Less
  • Other Pets
    • Monthly Pet Fee
      Max of 2. Charged per pet.
      $30 / mo
    50 lbs. Weight Limit
    Restrictions:
    Restricted Breeds: German Shepherd, Akita, Doberman Pinscher, Rottweiler, Dalmatian, Pit Bull, Chow, Wolf Hybrid or Bull Mastiff. <br /> Restricted Animals: birds, parrots, toucans, hamsters, gerbils, snakes, frogs, spiders, ferrets or other exotic animals.
    Read More Read Less
  • Storage Unit
    • Storage Deposit
      Charged per rentable item.
      $0
    • Storage Rent
      Charged per rentable item.
      $0 / mo
  • Guarantor Waiver Program
    Charged per unit.
    $45 / mo
  • Utility Management Fee
    Charged per unit.
    $50

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Details

Utilities Included

  • Water
  • Electricity
  • Internet

Lease Options

  • 4 - 11 Month Leases

Property Information

  • Built in 2008
  • 192 units/3 stories
  • Furnished Units Available

Specialty Housing Details

  • This property is intended and operated for occupancy by students, faculty and staff in higher education, but applications from individuals not involved in higher education may be accepted.

Matterport 3D Tours

This expansive 5,020 square foot single-story facility in Wichita Falls, Texas, offers a versatile array of spaces designed for community use. The interior showcases a modern aesthetic with polished concrete floors throughout, creating a sleek and durable surface. Large windows flood the rooms with natural light, while recessed lighting provides even illumination. The facility includes a well-equipped fitness center with state-of-the-art exercise machines, free weights, and ample space for workouts. Adjacent to this is a multi-purpose area that can serve as a yoga or group exercise room. For relaxation and socializing, there are several lounge areas furnished with comfortable seating and contemporary decor. A dedicated study space features built-in bookshelves, individual workstations, and communal tables, ideal for quiet reading or collaborative work. The facility also boasts a spacious conference room with a large wooden table, perfect for meetings or presentations. The kitchen area is equipped with modern appliances and ample counter space, suitable for preparing refreshments or hosting small gatherings. Throughout the space, carefully curated artwork adorns the walls, adding visual interest and creating a welcoming atmosphere. Outside, glass doors lead to a patio area, providing a seamless indoor-outdoor connection. The facility's thoughtful design and diverse amenities make it an ideal space for a variety of community activities and events.

Clubhouse, Fitness Center, and Library
1/2
This expansive 5,020 square foot single-story facility in Wichita Falls, Texas, offers a versatile array of spaces designed for community use. The interior showcases a modern aesthetic with polished concrete floors throughout, creating a sleek and durable surface. Large windows flood the rooms with natural light, while recessed lighting provides even illumination.

The facility includes a well-equipped fitness center with state-of-the-art exercise machines, free weights, and ample space for workouts. Adjacent to this is a multi-purpose area that can serve as a yoga or group exercise room. For relaxation and socializing, there are several lounge areas furnished with comfortable seating and contemporary decor.

A dedicated study space features built-in bookshelves, individual workstations, and communal tables, ideal for quiet reading or collaborative work. The facility also boasts a spacious conference room with a large wooden table, perfect for meetings or presentations.

The kitchen area is equipped with modern appliances and ample counter space, suitable for preparing refreshments or hosting small gatherings. Throughout the space, carefully curated artwork adorns the walls, adding visual interest and creating a welcoming atmosphere.

Outside, glass doors lead to a patio area, providing a seamless indoor-outdoor connection. The facility's thoughtful design and diverse amenities make it an ideal space for a variety of community activities and events. This 640 square foot apartment in Wichita Falls, Texas, offers a compact yet well-designed living space. The single-floor layout comprises one bedroom, one bathroom, a living room, kitchen, and closet. The primary bedroom, measuring 150 square feet, provides a cozy retreat with carpeted flooring and ample natural light from a large window.

The open-concept living area features wood-look flooring, creating a seamless flow between spaces. The living room is adorned with contemporary furnishings, including a sleek black leather sofa and modern artwork. Large windows flood the space with natural light, enhancing the sense of openness.

The kitchen boasts light wood cabinetry, contrasting black appliances, and a practical layout. A geometric patterned rug adds visual interest to the space. The bathroom, while compact, offers functionality with a vanity, toilet, and shower/tub combination.

Throughout the apartment, neutral tones dominate, creating a bright and airy atmosphere. Thoughtful design elements, such as strategically placed lighting fixtures and carefully chosen decor, contribute to the overall modern aesthetic. This efficient apartment maximizes every square foot, offering a comfortable living space in a prime Wichita Falls location.

About Mustang Village

Welcome to Mustang Village! We offer spacious 2 and 3 bedroom apartments that boast private bedrooms, walk-in closets and private bathrooms for all! Our large open concept common area is perfect for relaxing after class or having friends over for dinner. Each apartment is fully furnished with a modern furniture package. Your new home will also include all the major appliances such as refrigerator, stove, microwave, dishwasher, garbage disposal, and in-unit washer and dryer. High-speed internet, water, and sewer service are all included in your regular monthly rental installment. When you're not in class or exploring the surrounding area, enjoy our numerous on-site community amenities. You'll love relaxing at our resort-style pool, hanging out in our resident clubhouse and study library, challenging your roommates to a game of ping pong, and working toward your fitness goals in our fitness center and at our basketball court.

Mustang Village is an apartment community located in Wichita County and the 76302 ZIP Code. This area is served by the Wichita Falls Independent School District attendance zone.

Unique Features

  • 24-hour Emergency Maintenance
  • Dog Park
  • Fire Pit
  • Fully Furnished
  • Grilling Stations
  • Internet Access: High-Speed
  • Pet Friendly
  • Study Rooms

Contact

View Property Website
Language: English
Closed Today
  • Monday - Thursday, 10am - 6pm
  • Friday, 10am - 5pm
  • Saturday & Sunday, Closed
Property Management Company Logo

Community Amenities

Pool

Fitness Center

Furnished Units Available

Clubhouse

Controlled Access

Grill

Community-Wide WiFi

Basketball Court

Property Services

  • Community-Wide WiFi
  • Wi-Fi
  • Controlled Access
  • Furnished Units Available
  • Renters Insurance Program
  • Online Services
  • Planned Social Activities
  • Wheelchair Accessible

Shared Community

  • Clubhouse
  • Lounge

Fitness & Recreation

  • Fitness Center
  • Pool
  • Bicycle Storage
  • Basketball Court

Outdoor Features

  • Courtyard
  • Grill
  • Picnic Area
  • Dog Park

Student Features

  • Individual Locking Bedrooms
  • Private Bathroom
  • Roommate Matching
  • Study Lounge
  • Individual Leases Available

Apartment Features

Washer/Dryer

Air Conditioning

Dishwasher

High Speed Internet Access

  • High Speed Internet Access
  • Wi-Fi
  • Washer/Dryer
  • Air Conditioning
  • Heating
  • Smoke Free
  • Wheelchair Accessible (Rooms)
  • Dishwasher
  • Disposal
  • Kitchen
  • Microwave
  • Oven
  • Range
  • Refrigerator
  • Freezer
  • Carpet
  • Vinyl Flooring
  • Walk-In Closets
  • Furnished
Location
5005 Lake Park Dr, Wichita Falls,
TX 76302
Get Directions
Schools Restaurants Groceries Coffee Banks Shops Fitness
| Edit
Edit Commute

Destination is required

Under 30 minutes

Commute Time is calculated at rush hour.
City - Wichita Falls

Wichita Falls combines small-town hospitality with city conveniences, making it an appealing choice for renters. Lucy Park, a 170-acre green space, serves as the city's centerpiece with paved walking trails, a swimming pool, and the city's distinctive man-made waterfall – a scenic recreation of the original falls that gave the city its name. The park system includes an off-leash dog park and various recreational facilities throughout the community. Midwestern State University and Sheppard Air Force Base anchor the city, contributing to its dynamic community.

Housing options in Wichita Falls remain relatively affordable compared to larger Texas cities, with average rents ranging from $633 for studios to $1,372 for four-bedroom homes. Recent trends show modest annual increases, with most unit types experiencing slight upticks between 0.6% and 2.4%. Established neighborhoods near the university district and around Sikes Senter Mall offer both historic homes and newer developments.

Learn more about living in Wichita Falls 
Average Prices by Area

Compare neighborhood and city base rent averages by bedroom.

Southwest Wichita Falls Wichita Falls, TX
Studio $624 $651
1 Bedroom $807 $812
2 Bedrooms $950 $977
3 Bedrooms $1,044 $1,069
Amenities
  • Community-Wide WiFi
  • Wi-Fi
  • Controlled Access
  • Furnished Units Available
  • Renters Insurance Program
  • Online Services
  • Planned Social Activities
  • Wheelchair Accessible
  • Clubhouse
  • Lounge
  • Courtyard
  • Grill
  • Picnic Area
  • Dog Park
  • Fitness Center
  • Pool
  • Bicycle Storage
  • Basketball Court
  • Individual Locking Bedrooms
  • Private Bathroom
  • Roommate Matching
  • Study Lounge
  • Individual Leases Available
  • 24-hour Emergency Maintenance
  • Dog Park
  • Fire Pit
  • Fully Furnished
  • Grilling Stations
  • Internet Access: High-Speed
  • Pet Friendly
  • Study Rooms
  • High Speed Internet Access
  • Wi-Fi
  • Washer/Dryer
  • Air Conditioning
  • Heating
  • Smoke Free
  • Wheelchair Accessible (Rooms)
  • Dishwasher
  • Disposal
  • Kitchen
  • Microwave
  • Oven
  • Range
  • Refrigerator
  • Freezer
  • Carpet
  • Vinyl Flooring
  • Walk-In Closets
  • Furnished
Expenses
Recurring
Cat Rent $30
Dog Rent $30
Other Rent $30
One-Time
Cat Fee $250
Dog Fee $250
Utilities Included
Water, Electricity Included
Office Hours
Monday 10am - 6pm
Tuesday 10am - 6pm
Wednesday 10am - 6pm
Thursday 10am - 6pm
Friday 10am - 5pm
Saturday Closed
Sunday Closed
940-400-3647
Education
Colleges & Universities Distance
Colleges & Universities Distance
Midwestern State University
Drive: 6 min 1.8 mi
Mustang Village is within 6 minutes or 1.8 miles from Midwestern State University.
Schools
  • Public Schools
  • Private Schools
Wichita Falls High School
Public Middle & High School
Grades 6-12
1,309 Students
Nearby
Barwise Leadership Academy
Public Middle School
Grades 6-8
1,017 Students
Nearby
Christ Academy
Private Elementary, Middle & High School
Grades PK-12
196 Students
Nearby
School data provided by The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.

View GreatSchools Rating Methodology


Data provided by GreatSchools.org © 2026. All rights reserved.
Transportation
Getting Around
Fairly Walkable
Walkability
40 / 100
Exceptionally Drivable
Drivability
100 / 100
Fairly Bikeable
Bikeability
40 / 100

Scores provided by

What do Walkability, Transit, Drivability, and Bikeability mean? Walkability measures the walking distance to day-to-day needs. Transit measures access to public transportation. Drivability measures congestion, parking availability, and access to major roads. Bikeability measures the suitability for cycling. How It Works
Calm
Soundscore™
82 / 100

Traffic

Calm

Airport

Calm

Businesses

Calm

Scores provided by

HowLoud What is a Sound Score Rating? A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. How It Works
Points of Interest

Time and distance from Mustang Village.

Shopping Centers Distance
Shopping Centers Distance
Highland Village
Walk: 20 min 1.1 mi
Crossroads Center
Drive: 3 min 1.1 mi
Albertson's Plaza Shopping Center
Drive: 4 min 1.4 mi
Mustang Village has 3 shopping centers within 1.4 miles, which is about a 4-minute drive. The miles and minutes will be for the farthest away property.
Parks and Recreation Distance
Parks and Recreation Distance
River Bend Nature Center
Drive: 12 min 5.7 mi
Lake Arrowhead State Park
Drive: 22 min 12.5 mi
Mustang Village has 2 parks within 12.5 miles, including River Bend Nature Center, and Lake Arrowhead State Park.
Hospitals Distance
Hospitals Distance
North Texas State Hospital
Drive: 6 min 2.3 mi
United Regional Health Care System
Drive: 11 min 6.6 mi
Red River Hospital
Drive: 11 min 6.7 mi
Mustang Village has 3 hospitals within 6.7 miles, the nearest is North Texas State Hospital which is 2.3 miles away and a 6 minute drive.
Military Bases Distance
Military Bases Distance
Sheppard Air Force Base
Drive: 18 min 11.6 mi
Fort Sill Military Reservation (Scott Gate)
Drive: 69 min 61.0 mi
Fort Sill Military Reservation (Bentley Gate)
Drive: 71 min 64.1 mi
Mustang Village has 3 military bases within 64.1 miles, the nearest is Sheppard Air Force Base which is 11.6 miles away and a 18 minute drive.
 
 

Reviews for Mustang Village

4.6
Renter Rating
5 Stars
21
4 Stars
4
3 Stars
1
2 Stars
0
1 Star
1
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Renter Reviews 27 Reviews
 
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Mustang Village Photos

  • Mustang Village

  • Clubhouse, Fitness Center, and Library

Models

  • 2 Bedrooms

  • Mustang Village 2x2 Floor Plan

  • 3 Bedrooms

  • Mustang Village 3x3 Floor Plan

Frequently Asked Questions
Does Mustang Village have in-unit laundry?

Mustang Village has units with in‑unit washers and dryers, making laundry day simple for residents.

What utilities are included in rent at Mustang Village?

Select utilities are included in rent at Mustang Village, including water, electricity, and internet. Residents are responsible for any other utilities not listed.

Is parking available at Mustang Village?

Contact this property for parking details.

Which floor plans are available, and what are the price ranges?

Mustang Village has two to three-bedrooms with rent ranges from $530/mo. to $650/mo.

Is Mustang Village pet-friendly?

Yes, Mustang Village welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.

How much income do I need to rent at Mustang Village?

A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $530 for a three-bedrooms, you would need to earn about $21,200 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.

Does Mustang Village have move-in specials?

Mustang Village is not currently offering any rent specials. Check back soon, as promotions change frequently.

Does Mustang Village offer Matterport 3D tours?

Yes! Mustang Village offers 2 Matterport 3D Tours. Explore different floor plans and see unit level details, all without leaving home.

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What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Learn How It Works

What is a Sound Score Rating?

A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources.

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5005 Lake Park Dr

Wichita Falls, TX 76302

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(940) 400-3647
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