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Lake Tanglewood

Learn about the people, housing, costs and businesses in Lake Tanglewood, Texas

Median Home$332,470
Median Rent$1,075/month
Population801
Leading IndustriesTransportation · Wholesale Trade · Information & Media5% transportation
Home Value Growth-5.8% over 2 years
Family-Friendly22% of residents
Homeowners88% of occupied units
NotableHigh Incomes$96k/year · top 19% nationally
NotableVeteran Community9% of residents · top 22% nationally
Lake Tanglewood
TX

Explore Lake Tanglewood

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Lake Tanglewood?

As of today, the 30-year fixed mortgage rate for Lake Tanglewood is approximately 6.892% (6.928% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Lake Tanglewood?

The median home value in Lake Tanglewood is $332k. The median monthly rent is $1,075. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lake Tanglewood?

Home values in Lake Tanglewood have decreased 5.8% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Lake Tanglewood?

Based on a typical all-in ownership cost of $1,203/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $52k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lake Tanglewood is $96k/year.

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What industries drive the economy in Lake Tanglewood?

The largest employment sectors in Lake Tanglewood are public administration (18%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.