Mansfield Homes For Sale $400,000 – $500,000
Looking for homes for sale in Mansfield, TX between $400,000 and $500,000? This price range can include established homes, newer homes and some new construction, depending on current inventory.
The homes below are currently listed for sale in Mansfield between $400K and $500K. Listings are updated from the MLS, so available homes can change throughout the day.
What Can $400K–$500K Buy in Mansfield TX?
The $400,000 to $500,000 price range gives Mansfield buyers several options, but what you get for your money can vary depending on the neighborhood.
You may find an older home with more square footage or a larger lot in an established neighborhood. Other homes may be newer with more updated finishes but have a smaller lot.
Condition also matters. Two Mansfield homes with similar prices and square footage can have very different values depending on updates, location and features.
That’s why we recommend comparing more than just the list price when looking at homes in this range.
Can You Find New Construction in Mansfield Under $500K?
Yes, new construction may sometimes be available in Mansfield for less than $500,000.
Availability depends on the community, builder, floor plan and current incentives. Quick move-in homes can also be priced differently from homes built from the ground up.
If new construction is something you’re considering, you can see our current guide to Mansfield TX new construction homes and communities.
Keep in mind that the advertised price isn’t always the final cost. Lot premiums, upgrades and structural options can increase the price of a new home.
Where Can You Find $400K–$500K Homes in Mansfield?
Homes in this price range can be found in different parts of Mansfield.
Inventory changes throughout the year, so there isn’t one neighborhood where buyers will always find homes between $400,000 and $500,000.
The age of the neighborhood, lot size, home size and location can all affect pricing.
If you’re still deciding which part of Mansfield to consider, you can also explore our Mansfield neighborhoods guide.
Don’t Forget About Property Taxes
Purchase price isn’t the only number Mansfield buyers should compare.
Mansfield extends into both Tarrant County and Johnson County, and property tax rates can vary depending on the location of the home and its taxing entities.
Some newer communities may also have additional assessments, such as a PID.
That means two Mansfield homes with the same $450,000 purchase price could have different estimated monthly housing costs.
We recommend looking at the property taxes and any additional assessments for the specific home before deciding which property offers the better value.
Frequently Asked Questions
Are there homes for sale in Mansfield TX under $500K?
Yes. Mansfield typically has homes listed below $500,000, but the number of available homes changes with the market. The MLS listings above show current Mansfield homes priced between $400,000 and $500,000.
Can I buy new construction in Mansfield for under $500K?
New construction under $500,000 may be available depending on the builder, community, floor plan and current inventory. Builder pricing and incentives can change throughout the year.
What can I get for $400K–$500K in Mansfield?
It depends on the neighborhood and property. Buyers may find established homes with larger lots, newer homes with updated features or some new construction opportunities. Home size, age, condition and location all affect price.
Are property taxes the same throughout Mansfield?
No. Mansfield includes properties in both Tarrant and Johnson counties, and tax rates can vary by location and taxing entities. Some communities may also have additional assessments.
Looking for a Home in Mansfield Between $400K and $500K?
We’re Torrey and Keela McGraw, Mansfield residents and local REALTORS®.
If you’re looking for a home in this price range, we can help you compare available properties, neighborhoods, property taxes and new construction options.
We can also set up a custom Mansfield home search based on your price range and the features that matter to you.
