540 E Elder Ln, Mustang, OK 73064
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OFF MARKET

540 E Elder Ln
Mustang, OK 73064

  • 3 Beds
  • 2 Baths
  • 1,548 sqft

$252,300

Trulia Estimate
as of Aug 8, 2026
Est. Refi. Payment $1,565/mo*
Refinance Your Home

$252,300

Trulia Estimate
as of Aug 8, 2026
Est. Refi. Payment $1,565/mo*
Refinance Your Home
3 Beds
2 Baths
1,548 sqft

Local Information

  • Map ViewExplore the area around 540 E Elder Ln.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2004
Living Area
1,548 sqft
Price/Sqft
$163
Parking
Garage
HOA
$5/Monthly

About this House

Sellers are offering $3,500 in buyer concessions with an acceptable offer! Also, with a OHFA Loan a buyer could purchase this home with almost nothing out of pocket!!!
So definitely schedule you showing on this home nestled in the heart of Mustang. The immaculate single-family residence at 540 E Elder LN, 73064, presents an opportunity to embrace comfortable living and convenience. Constructed in 2004, this home provides an inviting space for creating lasting memories. The residence features three bedrooms, offering flexibility for residents and guests alike; imagine each room tailored to your unique tastes, a personal sanctuary for rest and rejuvenation. Two bathrooms provide essential convenience, allowing for streamlined routines and a sense of personal space. A two-space garage provides sheltered parking and additional storage, supporting an organized and clutter-free lifestyle. This Mustang residence offers a blend of practical features ready to be shaped into your ideal home. Updates/Upgrades in this home include. new roof 2025, A/C unit(2023), new interior doors, stained driveway and sidewalk, insulated garage door, granite counter tops, farmhouse sink, Custom LED Christmas lights, Custom automatic blinds with remote(2025), New windows (all except the primary suite), Sprinkler System, surround sound, security, cameras, new gutters, attic flooring over entire garage, real wood floors, barn door and jetted tub in the primary suite, covered patio for entertaining, custom solar illuminated mailbox and a large shed for storage. With this many updates, all you have to do is move in and start living.
540 E Elder Ln, Mustang, OK 73064 is a 3 bedroom, 2 bathroom, 1,548 sqft single-family home built in 2004. It last sold for $250,500 on Oct 2, 2025 (2% below the $256,500 asking price). It is currently off market. The Trulia Estimate is $252,300, with a rent estimate of $1,642/month.

Home Details for 540 E Elder Ln

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1548 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Disposal, Microwave, Water HeaterDishwasherDisposalMicrowave
Heating & Cooling
Heating: CentralHas CoolingHas HeatingHeating Fuel: Central
Fireplace & Spa
Number of Fireplaces: 1Fireplace: MasonryHas a Fireplace
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: Patio, PorchFencing: WoodOther Structures: OutbuildingExterior: Rain GuttersFoundation: SlabNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageParking Spaces: 2Parking: Concrete
Frontage
Not on Waterfront

Property Information

Year Built
Year Built: 2004
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: BrickDoes Not Include Home Warranty
Property Information
Parcel Number: 540EElder73064

Price & Status

Price
List Price: $256,500
Status Change & Dates
Possession Timing: Funding

Active Status

MLS Status: Sold

Location

Direction & Address
City: Mustang
School Information
Elementary School: Mustang ESJr High / Middle School: Mustang MSHigh School: Mustang HSHigh School District: Mustang

Building

Building Details
Builder Name: Gary Owens
Building Area
Building Area: 1548 Square Feet

HOA

HOA Fee Includes: Common Area MaintenanceHas an HOAHOA Fee: $60/Annual

Lot Information

Lot Area: 6599.34 sqft

Listing Info

Special Conditions: None

Miscellaneous

Mls Number: 1183232
Last check for updates: 14 minutes ago
Listed by Shalene Hutcheson, (405) 426-0107
Red Bow Realty
Bought with: Randi Parker, (580) 791-2221, Cherrywood-Edmond Branch
Source: MLSOK/OKCMAR as distributed by MLS GRID, MLS#1183232

Price History for 540 E Elder Ln

DatePriceEventSource
10/02/2025$250,500Sold
MLSOK/OKCMAR as distributed by MLS GRID #1183232
09/05/2025$256,500PendingMLSOK/OKCMAR as distributed by MLS GRID #1183232
09/03/2025$256,500PriceChange
MLSOK/OKCMAR as distributed by MLS GRID #1183232
08/23/2025$257,500PendingToActiveMLSOK/OKCMAR as distributed by MLS GRID #1183232
08/14/2025$257,500PendingMLSOK/OKCMAR as distributed by MLS GRID #1183232
07/30/2025$257,500Listed For SaleMLSOK/OKCMAR as distributed by MLS GRID #1183232
06/29/2018$164,500Sold
MLSOK/OKCMAR as distributed by MLS GRID #815940
05/21/2018$164,500PendingAgent Provided
05/16/2018$164,500Listed For SaleAgent Provided
10/21/2004$122,300Sold
MLSOK/OKCMAR as distributed by MLS GRID #196912

Market trends in Mustang

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$266K
$3.5KMoM
Sale-to-List Price
99.6%
0.2%MoM
Price per sq ft
$157
$3MoM
Available listings
242
3MoM
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Property Tax and Assessment

Year2025
Tax$2,260
Assessment$225,664
Home facts updated by county records

Comparable Sales for 540 E Elder Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
544 E Forest Ln, Mustang, OK
0.06
Single-Family Home
$240,000
06/02/26
3
2
1,686
605 E Greenwood Ln, Mustang, OK
0.08
Single-Family Home
$215,000
07/07/26
3
2
1,488
515 E Greenwood Ln, Mustang, OK
0.10
Single-Family Home
$239,000
05/29/26
3
2
1,532
604 E Katelyn Ln, Mustang, OK
0.06
Single-Family Home
$215,000
05/29/26
3
2
1,293
629 E Elder Ln, Mustang, OK
0.10
Single-Family Home
$258,000
06/12/26
3
2
1,626
512 S Castle Ridge Ln, Mustang, OK
0.14
Single-Family Home
$225,000
07/10/26
3
2
1,302
520 E Juniper Ln, Mustang, OK
0.22
Single-Family Home
$220,000
09/03/25
3
2
1,404
708 E Forest Court Ln, Mustang, OK
0.19
Single-Family Home
$242,000
04/30/26
3
2
1,764
608 E Juniper Ln, Mustang, OK
0.22
Single-Family Home
$245,900
02/02/26
4
2
1,535

Nearby homes

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Assigned Schools

These are the assigned schools for 540 E Elder Ln.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Mustang

At least 160 Trulia users voted on each feature.

  • 97 % Say car is needed

  • 90 % Say yards are well-kept

  • 87 % Say parking is easy

  • 83 % Say it's dog friendly

  • 82 % Say kids play outside

  • 81 % Say there's holiday spirit

  • 78 % Say people would walk alone at night

  • 69 % Say it's quiet

  • 66 % Say there are sidewalks

  • 61 % Say streets are well-lit

  • 58 % Say neighbors are friendly

  • 57 % Say they plan to stay for at least 5 years

  • 33 % Say there's wildlife

  • 31 % Say it's walkable to restaurants

  • 27 % Say it's walkable to grocery stores

  • 26 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Tinabrasier
    "I have lived in Mustang for 30 years Mustang is a small family friendly community with a great school system. "
    0
    Flag
  • Jenna White
    "Great neighborhood and family friendly. Duck pond nearby that’s fun to walk to, lots of kids that play and ride bikes, and friendly neighbors who help keep an eye on the neighborhood. "
    0
    Flag
  • Desi.pierce080201
    "Really friendly, barely any crime and it’s mostly nonviolent, and plenty of food options. Churches on every corner of all denominations. Houses are all well maintained family homes. School is large with lots of activities available. Local community center with low price for entry. Local garden located at the community center. "
    9
    Flag
  • Pjwmomwife
    "It’s a great area for pets. People keep their dogs on leashes or take them to the dog park. Lots of areas have sidewalks and people are very nice. "
    3
    Flag
  • Alyssa W.
    "I drive from next to the high school to the turnpike for work and most other things. id say it's about average."
    2
    Flag
  • Jeanavcoleman
    "Most people drive their own cars. If you work in OKC, you take either I-40, 44 or 235 to get around. "
    1
    Flag
  • Christyokpri
    "Events all the time. Love the 4th of July celebration here. Love the convenience of stores and restaurants."
    1
    Flag
  • Caitlyn.bell399
    "There are lots of kids outside in my neighborhood all the time. Many people walk through the neighborhood as well. "
    0
    Flag
  • Brandi J. W.
    "I drive, but love that on nice days I have the option to walk because everything is so close within my range. Everyone is very friendly as well!"
    1
    Flag
  • Payten J.
    "This is a good, quiet neighborhood, filled with families with children and pets! Lived here for 5 years and haven’t had a bad neighbor or experience yet!"
    0
    Flag
  • Amy G.
    "auick and easy access to the interstate and turnpike. several ways in and out of town. traffic does get heavy on 152 coming west from airport road "
    0
    Flag
  • José A.
    "easy access road , making easy to get inside mustang , both I-40 and highway 152 making good access "
    0
    Flag
  • Chapel
    "It’s a safe and very friendly town! Everywhere you go you run into nice people. Life.Church is awesome and Wildhorse Park and walking trails/Mustang Recreational Center is also nice, clean and parks are fun to take your kids to!"
    2
    Flag
  • Terri P.
    "close not, safe, clean and friendly people. just a great place to live! neighbors getting to know neighbors."
    0
    Flag
  • Terri P.
    "very easy to shopping and other neccessary places. walking or driving. nice place to live. mustang is just a great place to live!"
    0
    Flag
  • Teena S. M.
    "There is a nice park with tennis courts, basketball & play ground. I have lived here as a child and raised my children here. Very nice neighborhood."
    1
    Flag
  • Kbenigni
    "Good schools too much traffic bad roads too many people crammed into one small town not enough job opportunities locally "
    0
    Flag
  • Gfedder
    "Very busy morning and evening on all roads that go to I-40 I would recommend using back roads if possible "
    0
    Flag
  • Elise E.
    "I have not spent enough time here to know. we are just visiting the area, but it is very friendly and pretty. "
    0
    Flag
  • Teena S. M.
    "I’ve lived here for 46 years. I think this neighborhood is a nice neighborhood. It’s a little hard to go west on 152 between 5-6:30 p.m. "
    0
    Flag
  • Gfedder
    "Streets are very busy and neighbors do not drive slow watching for kids. School transportation is very good. "
    0
    Flag
  • Nagtrainer
    "quiet dogs are welcome. there are many people here who take their dogs to the park for the walking trails. "
    0
    Flag
  • Cheryl H.
    "the library and rec center have a lot to recommend them. there is a very active senior group. there are special groups for gardening, needlework, and book clubs. I always feel safe here "
    0
    Flag
  • Denise C.
    "Great schools, nice clean community and growing rapidly. The firefighters put on a spectacular supper and fireworks show every Fourth of July."
    0
    Flag
  • Melissa M.
    "I've lived in this neighborhood most of my kife(30 yrs) and its a great place to have and raise kids!"
    0
    Flag
  • Alena S.
    "We love mustang! It’s our home it is a fun atmosphere and a very well put together area to live. It is booming!"
    0
    Flag
  • Gfedder
    "The lack of side walks in my neighborhood means you have to walk in the streets. Not the best place to walk a dog. "
    0
    Flag
  • Lennyppoage
    "Very pet friendly community, great neighborhood, very friendly neighbors, great schools and parks, close to restaurant "
    0
    Flag
  • Chastine S.
    "Almost everyone has dogs. All the dogs seem extremely friendly and go on walks with their owners. There’s not a dog park close by though. "
    0
    Flag
  • Drubaker24
    "It’s a quiet neighborhood with friendly people. It’s well kept with landscaping and beautiful well built homes. The lots are bigger than most smaller neighborhoods, so you don’t feel cramped. "
    0
    Flag
  • Gfedder
    "It’s quite and friendly great for walks in the evenings. And it has multiple parks and a community green space. "
    1
    Flag
  • Randilynnash
    "I've lived here for 5 years. I love how close of a commute it is to the city. Mustang also has a great town center and park."
    0
    Flag
  • Realtorjanetpro
    "I’ve lived in this area for 9 years. We raised our kids through adult years now have grandbabies. We love being able to play with them in the back yard. "
    0
    Flag
  • Mrs a.
    "I’ve lived in Mustang/OKC for 3 years and really love the area :) Great place to raise a family and really good schools. "
    0
    Flag
  • Mrs a.
    "We’ve lived in Mustang/OKC for the last 5 years and we really love the Mustang schools and the area is a good place to raise a family :) "
    0
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

38 pet-friendly rentals in Mustang, OK

Explore by feature - Garage

41 rentals with a garage in Mustang, OK

Explore by feature - Air Conditioning

39 rentals with air conditioning in Mustang, OK

Explore by feature - Washer/dryer

37 rentals with a washer/dryer in Mustang, OK

Explore by feature - Outdoor Space

25 rentals with an outdoor space in Mustang, OK

Homes for sale near 540 E Elder Ln

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Off Market Homes Near 540 E Elder Ln

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Frequently asked questions about 540 E Elder Ln

  • What is 540 E Elder Ln estimated to be worth?
    Trulia's estimated value for 540 E Elder Ln in Mustang, OK is $252,300.
  • What is the price history for 540 E Elder Ln?
    540 E Elder Ln in Mustang, OK last sold for $250,500 in October 2025.
  • Is Mustang a buyer's or seller's market?
    Mustang is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Mustang?
    The median sale price in Mustang is $266K. That is up $3.5K from the prior month.
  • Does 540 E Elder Ln have air conditioning?
    Yes, 540 E Elder Ln in Mustang, OK has air conditioning.
  • How big is the lot at 540 E Elder Ln?
    The lot at 540 E Elder Ln in Mustang, OK is about 0.15 acres (6,599 sq ft).
Based on information submitted to the MLS GRID as of 2026-08-08 03:37:13 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information