Rent to own Homes in Mansfield, TX
You can still see the town's small-town roots! Mansfield was originally a Native American outpost settled by European explorers more than 150 years ago. Although it's growing fast today, the Mansfield Historical Society and Mansfield Historical District work to preserve the town's frontier history.
Mansfield, TX is a great place for affordable rent-to-own homes! With a median household income of over $102,388 and a median rent of $1,447, the Mansfield, TX rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Mansfield, TX. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Mansfield, TX Property Resources
Rent to own Homes in Cities Near Mansfield, TX
- Alvarado
- Arlington
- Bear Creek Ranch
- Bedford
- Benbrook
- Blue Mound
- Briaroaks
- Burleson
- Carrollton
- Cedar Hill
- Cleburne
- Cockrell Hill
- Coppell
- Coyote Flats
- Cross Timber
- Crowley
- Dallas
- Dalworthington Gardens
- DeSoto
- Duncanville
- Edgecliff Village
- Everman
- Forest Hill
- Glenn Heights
- Grand Prairie
- Grandview
- Grapevine
- Haltom City
- Highland Park
- Hurst
- Hutchins
- Irving
- Joshua
- Keene
- Lancaster
- Mansfield
- Maypearl
- Midlothian
- Oak Leaf
- Ovilla
- Pecan Hill
- Red Oak
- River Oaks
- Saginaw
- Southlake
- The Homesteads
- Venus
- Watauga
- Waxahachie
- Westover Hills
Neighborhoods in Mansfield, TX
Heritage Estates rent to own homes North Ridge At Mansfield rent to own homes The Arbors Of Creekwood rent to own homes Walnut Creek Valley rent to own homes Hillcrest rent to own homes The Villages At Spring Lake rent to own homes Lowes Farm rent to own homesPopular Zip Codes in Mansfield, TX
76063 rent to own homesBuying a Home in Mansfield, TX
Mansfield, TX is seeing rapid growth and Mansfield, TX's' housing market remains not optimal with an average home price that is 28% above the 2024 national average. Mansfield, TX is part of Tarrant county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Tarrant is 2.37% which is above the national average, which is 0.99%.
Median Home Price in Mansfield, TX
Median Rent in Mansfield, TX
12 Reasons to Live in Mansfield, TX
It ranks on lists of the best places to live! CNN/Money Magazine ranked Mansfield in their rankings of the top 100 best places to live in 2007, 2009 and 2012. Mansfield has a high quality of life, which is why people want to live here. Neighborhoods like Rendon or by the Spring Lake Neighborhood Park are perennially popular.
The housing stock here is much newer than average! With an average age of just 11 years compared to the national average of 35 years, you can buy or rent to own a nice, clean late-model home here in neighborhoods like Grand Peninsula or Mira Lagos.
This little town is growing rapidly! Located about halfway between Dallas and Fort Worth, the population here was a little over 56,000 at the 2010 Census and is expected to be over 70,000 by 2017. Major local highways like the 287 and 157 provide convenient access to the entire metroplex.
Great housing options! Mansfield has a much higher than average number of homes owned (75%), and a very low 4% vacancy rate. Although there's a lot of competition for the few rental houses that are available, what you will find is generally very attractive. You can find rent to own homes in desirable neighborhoods like Kings Mill and Walnut Creek.
Impressive healthcare facilities! You don't have to go to Dallas or Fort Worth when you're in need of good healthcare options. The Methodist Mansfield Medical Center and a day surgery facility called Baylor Surgicare at Mansfield are just some of the high-quality medical facilities you can find right in Mansfield.
Comparatively low housing costs! Homes here are very affordable when compared to housing costs on both coasts. The average home cost of $166,600 is just above the national median $153,800 home price. The real difference is that in Mansfield, your money goes a lot further than it does in other parts of the country. Whether you choose to live in the Arbors of Creekwood or Garden Heights, you can get a lot of home for your money, especially if you choose rent to own houses here.
Fantastic parks! The local parks contribute a lot of natural beauty. Mansfield is far from an urban jungle, and the many parks all around, such as the Hawaiian Falls water park or Katherine Rose Memorial Park, give you that comfortable feeling of being surrounded by nature.
Great appreciation! Unlike other parts of the country where the real estate market is sluggish, Mansfield continues to see appreciation in housing values. The official figures are that home appreciation is 1.13%, but buyers often get in bidding wars to get a home near Broad Street or Heritage Parkway.
Good for athletes! Texans love their sports, and Mansfield gives you plenty of places to play. The Mansfield Sports Complex, the Walnut Creek Linear Trail and Philip Thompson Soccer Park are just some of the many public spaces for residents to be active.
Lots of places to eat! You'll never have to go hungry. With great restaurants around like Big D Barbecue or Suzushii Sushi and Grill, you don't even have to leave Mansfield to find a tasty place to eat.