Housing costs in Lake Tanglewood?
A typical home costs
$622,600, which is 84.1% more expensive than the national average of
$338,100 and 109.2% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Lake Tanglewood costs
$1,150 per month, which is 19.6% cheaper than the national average of
$1,430 and 11.3% cheaper than the state average of
$1,280.
Can I afford Lake Tanglewood?
To live comfortably in Lake Tanglewood, Texas, a minimum annual income of
$119,160 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Lake Tanglewood?
Living in Lake Tanglewood, TX is quite affordable. The cost of living is 10% lower than the national average which makes it a great place to live for people on a budget. Property taxes are relatively low compared to other parts of Texas and there is no income tax or sales tax in the city. The cost of housing is also reasonable with the median home price in town being just $127,000. Renting is even more affordable, with two-bedroom apartments renting for around $800-$950 per month. You can also find great deals on groceries and other essentials since there are several supermarkets located within the city limits. All in all, Lake Tanglewood provides an excellent quality of life at an affordable cost.