The median home value in Redwater, TX is $480,000. This is higher than the county median home value of $200,000. The national median home value is $308,980. The average price of homes sold in Redwater, TX is $480,000. Approximately 74% of Redwater homes are owned, compared to 17% rented, while 9% are vacant. Redwater real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Redwater real estate agent to arrange a tour today! Learn more about Redwater Real Estate.