The median home value in El Lago, TX is $293,454. This is higher than the county median home value of $291,513. The national median home value is $308,980. The average price of homes sold in El Lago, TX is $293,454. Approximately 48% of El Lago homes are owned, compared to 40% rented, while 12% are vacant. El Lago 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 El Lago real estate agent to arrange a tour today! Learn more about El Lago Real Estate.