Mansfield, TX Multifamily Home for Sale

Mansfield's extensive park system spans over 900 acres, featuring standout destinations like the 80-acre Elmer W. Oliver Nature Park where residents enjoy science classes, archery, and kayaking amid native wildlife. The Katherine Rose Memorial Park draws families with its walking trails, playgrounds, and fishing pond, while the Walnut Creek Linear Park will eventually stretch 10 miles across the city. Sports enthusiasts frequent the Big League Dreams Sports Park, StarCenter ice rink, and FieldhouseUSA. The developing Staybolt Street Entertainment District will add a multi-sport stadium and family entertainment venues, including High 5 Mansfield opening winter 2025.

The housing market in Mansfield spans from $299,000 to $1,316,000, with a median sale price of $520,000. Single family homes in Downtown Mansfield have a median price of $307,900, while South Mansfield commands a median of $599,900. Heritage Estates homes typically sell for a median of $500,000. Townhomes across the city have a median price of $367,400, and two-bedroom condos have a median price of $422,500.

Property owners should note Tarrant County's 1.77% effective property tax rate, which matches neighboring Arlington and Fort Worth. Texas has no state income tax, though residents pay a combined 8.20% sales tax. The city's location 20 miles southwest of Dallas and 30 miles southeast of Fort Worth provides access to major employment centers. Top-rated public schools include Mansfield Lake Ridge High School and Danny Jones Middle School, while St. Paul's Preparatory Academy serves as a highly rated private school option. DFW International Airport lies 28 miles away, typically a 35 to 45 minute drive depending on traffic conditions.