The invention discloses an anti-cracking texture paint preparation method and a product prepared by the method. The product is prepared from the following raw materials: water, ethylene glycol, cellulose, preservative, pH regulator, coarse whiting powder, defoaming agent, elastic emulsion, TEXANOL and thickening agent. The method disclosed by the invention has the advantages of simple preparation technique and high production efficiency, and is easy to implement. The method disclosed by the invention has the advantages of simple preparation technique and high production efficiency, and is easy to implement. The anti-cracking texture paint product disclosed by the invention has reasonable formula design, favorable tensile strength, cracking resistance, water resistance, high adhesive force, excellent weather resistance and excellent decorative effect, can be well bonded on the walling, and ensures the walling to have neat and elegant appearance. The anti-cracking texture paint has the advantages of favorable stereoscopic texture, favorable comprehensive properties, high temperature tolerance, high weather resistance, low cracking tendency and long service life, and effectively lowers the maintenance cost. Besides, the construction process is simple, greatly shortens the construction period, enhances the construction efficiency, requires low cost, and is beneficial to wide popularization.