Understanding the dispersion behavior of MXenes is interesting from a fundamental colloid science perspective and critical to enabling the fluid-phase manufacturing of MXene devices with controlled microstructures and properties. However, the polydispersity, irregular shape, and charged surfaces of MXenes result in a complex phase behavior that is difficult to predict through theoretical calculations. As two-dimensional (2D) nanomaterials, MXenes can form lyotropic liquid crystal phases, gels, and aggregates. This work aims to elucidate the effects of MXene (Ti3C2Tx) sheet size on their phase behavior and associated rheological properties. Aqueous dispersions of large sheets with an average lateral dimension of 3.0 μm, small sheets with an average lateral dimension of 0.3 μm, and a bimodal mixture of the two sizes were investigated by using cross-polarized optical microscopy and rheology. At low concentrations, the large MXene dispersions exhibited lyotropic liquid crystal behavior and extended aligned textures, but increasing concentration resulted in the formation of dense flocs. Dispersions of small sheets formed small birefringent domains with increasing concentration but lacked long-range ordering. A bimodal mixture of these sizes enabled the formation of liquid crystalline phases with extended aligned textures with less floc formation. These results provide insights into using polydispersity to tune dispersion microstructure and rheological properties that can be applied to designing dispersions for fluid-phase manufacturing methods, such as direct ink writing.