Market Overview
Home Prices in Lake Tanglewood, TX
The median home value in Lake Tanglewood, TX is $680,313 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.5% compared to a year ago and up 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lake Tanglewood are priced66% above average. Lake Tanglewood is part of the Amarillo, TX metro area.
Over the past five years, Lake Tanglewood home values have risen by approximately29.7%, reflecting strong long-term appreciation in this market.
Price History
Lake Tanglewood Home Price Trend
City Comparison
Lake Tanglewood vs. National Median
At $680,313, homes in Lake Tanglewood cost 66% above the national median of $410,000. Buyers in Lake Tanglewood should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Lake Tanglewood?
20% Down Payment
$136,063
on $680,313
Monthly P&I
$3,548/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,506/mo
incl. taxes & insurance
Income Needed
$180,240
gross annual (30% rule)
10% Down Option
$68,031
+ PMI applies
Loan Amount (20% dn)
$544,250
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Lake Tanglewood, TX?
The median home value in Lake Tanglewood is $680,313 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.5% year-over-year.
How much have home prices changed in Lake Tanglewood?
Over the past year, home values in Lake Tanglewood have increased by 4.5%. Over five years, prices have risen approximately 29.7%.
How much do I need to earn to buy a home in Lake Tanglewood?
To comfortably afford the median home price of $680,313 with a 20% down payment ($136,063) at today's rates (6.8%), you'd need a gross annual income of approximately $180,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Lake Tanglewood compare to the national average home price?
The national median home value is approximately $410,000. At $680,313, homes in Lake Tanglewood are 66% above the national average.
What metro area is Lake Tanglewood part of?
Lake Tanglewood is part of the Amarillo, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.