Search Lake Tanglewood Homes For Sale

Lake Tanglewood Homes for Sale

Lake Tanglewood is a village in Randall County, part of the Amarillo metro area, set beside Lake Tanglewood, a reservoir on the Prairie Dog Town Fork of the Red River. Homes here range from 1960s houses to custom homes built in the 2020s.

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Lake Tanglewood at a Glance

Typical list price
$494K to $1.25M
Plus 3 homes from $2.2M to $2.95M; average about $1.16M (Oct 2026)
Location
Southeast of Amarillo
Randall County, outside Amarillo city limits
Homes
Built 1963 to 2023
1,700 to 5,000 sq ft, mostly 3 bedrooms
Utilities
Mostly septic
Public water on many homes; some wells
HOA
Yes
Ask for dues and rules
Property tax rate
Approximately 1.32% per year
County and Canyon ISD (2026)

Schools Serving Lake Tanglewood

ElementarySundown Lane Elementary
Intermediate (grades 5-6)Pinnacle Intermediate
Junior HighRandall Junior High
High SchoolRandall High School

Lake Tanglewood is part of Canyon ISD. Verify school attendance zones with Canyon ISD for the specific property address.

What Buyers Ask About Lake Tanglewood

Does Lake Tanglewood have an HOA?

Yes. Lake Tanglewood homes are part of an HOA. Ask for the dues, rules and any architectural guidelines for the specific property before you buy.

Do Lake Tanglewood homes have water and sewer service?

It varies. Many Lake Tanglewood homes have public water and a septic system, and some use a private well. Ask about the water source for the specific property, and have any septic system inspected before you buy.

Is Lake Tanglewood inside Amarillo city limits?

No. Lake Tanglewood is its own village in Randall County, outside Amarillo city limits, and it is part of Canyon ISD.

Is there land for sale in Lake Tanglewood?

Lots come up for sale here from time to time. Ask about the HOA rules and the water and septic setup for the specific lot before you buy.

What are property taxes in Lake Tanglewood?

Lake Tanglewood is a village in Randall County, outside Amarillo city limits. 2026 adopted tax rates per $100 of value:

  • Canyon ISD: 0.915400
  • Randall County: 0.400930
  • Total: 1.316330 (approximately 1.32%)

Canyon ISD tax applies to value after the $140,000 school homestead exemption; non-homestead properties pay it on full value. HOA dues are separate and are not on the tax bill.

Tax rates are set each year by the taxing units and can change. Figures shown are for the 2026 tax year, are provided for general information only, and are not guaranteed. Actual taxes depend on each property's appraised value and exemptions. Verify exact amounts with the Potter-Randall Appraisal District or the Randall County Tax Office before buying.

Questions about Lake Tanglewood?
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Nearby Neighborhoods

Other neighborhoods in the Randall High School area:

View the Lake Tanglewood market report

Lake Tanglewood's Newest Listings

415 N Shore Drive, Amarillo
$499,000
2 Beds ⋅ 2 Baths ⋅ 26-8034 MLS
BOAT DOCK/SLIP convey with the purchase of this charming weekend retreat or permanent residence in Lake Tanglewood! This home is nestled among mature shade trees on a beautifully landscaped expansive lot. The custom timber-framed front pavilion porch is perfect for entertaining family and friends. Attractive stone retaining wall creates a grand approach to the home and elevates the setting providing privacy and charm. Thoughtful updates reflect pride of ownership and timeless craftsmanship. 2 bedrooms on first floor wth bath. Additional large living space or additional bedroom downstairs with bath and sauna.

415 N Shore Drive, Amarillo
112 Lago Vista Street, Amarillo
$850,000
4 Beds ⋅ 3 Baths ⋅ 26-7912 MLS
ONE OF THE BEST VIEWS IN LAKE TANGLEWOOD - Remodeled 4-Bedroom Home with Pool, Spa & Nearly an Acre Enjoy beautiful Lake Tanglewood views from this updated 4-bedroom, 3-bath home situated on three lots. With a private pool and spa, 3-car garage, and room to add a shop, this property provides a rare combination of space, views, outdoor living, and access to the Lake Tanglewood lifestyle. Inside, large windows take advantage of the view and fill the home with natural light. The updated interior provides generous living and entertaining spaces, a well-appointed kitchen, spacious bedrooms, and a layout designed for comfortable everyday living. Step outside to your own private retreat with a pool and spa, expansive yard, mat ng it easy to enjoy everything the community provides. Recent improvements include spray-foam insulation added in 2025, downstairs HVAC replaced in 2024, and replacement windows installed in 2016, along with numerous interior updates. PROPERTY HIGHLIGHTS * 4 bedrooms / 3 bathrooms * 3,500+ sq ft * Three lots totaling approximately 0.88 acre * Beautiful Lake Tanglewood views * Private pool & spa * 3-car garage * Space to add a shop * Golf approximately half a block away * Updated interior * Spray-foam insulation added in 2025 * Downstairs HVAC replaced in 2024 * Replacement windows installed in 2016 Come see the view, space, and lifestyle that make this Lake Tanglewood property so special.

112 Lago Vista Street, Amarillo
122 Dolphin Terrace, Amarillo
$699,000
3 Beds ⋅ 2 Baths ⋅ 26-7662 MLS
Discover the beauty of lakeside living at Lake Tanglewood in this truly one-of-a-kind home. Situated along approximately 125 feet of shoreline, this property offers beautiful water views, mature trees, and a peaceful setting. Inside, abundant natural light, soaring ceilings, and distinctive architectural details create a warm and inviting atmosphere, including a striking spiral staircase and spacious entry. Enjoy the lake lifestyle, plus the community golf course and amenities. The home is sold AS IS, except for a new roof to be installed before closing. A rare Lake Tanglewood opportunity!

122 Dolphin Terrace, Amarillo
519 S Shore Drive, Amarillo
$649,000
5 Beds ⋅ 5 Baths ⋅ 26-7441 MLS
HUGE PRICE IMPROVEMENT! THE SELLER'S ARE READY TO MAKE A MOVE--AND THIS DRAMATIC NEW PRICE CREATES AN INCREDIBLE OPPORTUNITY FOR THE NEXT OWNER.....Experience lake living at its finest in this luxurious Lake Tanglewood home situated on an impressive 3 lots! Designed for entertaining & everyday comfort, this property offers incredible space & amenities throughout. The main home features 4 bedrooms plus a newly renovated guest house with mini kitchen and 3/4 bath, offering flexibility for in-laws or multigenerational living. The chef's kitchen is designed to impress with two sinks, 5-burner gas cooktop, double ovens, built-in coffee maker, oversized island, and wet bar with additional seating-perfect for large gatherings. Enjoy 2 isolated primary suites, one downstairs and one upstairs. Additional features include a natural gas generator, huge covered circular drive, gardening areas, a never used 2nd septic system and room for a pool!

519 S Shore Drive, Amarillo
109 Lago Vista Street, Amarillo
$550,000
3 Beds ⋅ 3 Baths ⋅ 26-7334 MLS
Stunning Lake Tanglewood home with 3 bedrooms, 3 baths & open floor plan. Kitchen features granite & quartz countertops and opens to the living area with fireplace. Isolated primary suite offers double sinks, separate jetted tub & shower, and large walk-in closet. Wired for music in the primary, living area & patio. Enjoy a covered front porch plus an incredible covered back patio with outdoor kitchen, fireplace, half bath & custom privacy solar shades for year-round enjoyment. Heated saltwater pool completes the outdoor space. Oversized garage with commercial opener. Community offers a 24/7 manned gate, 18-hole golf course, café, church & fire dept.

109 Lago Vista Street, Amarillo
516 N Shore Drive, Amarillo
$2,225,000
4 Beds ⋅ 4 Baths ⋅ 26-7302 MLS
Experience the ultimate patio and backyard retreat right on the lake! Seize this chance to be at the heart of all the action. The kitchen boasts a large bar and opens seamlessly into the impressive living room, where expansive windows showcase breathtaking lake views. A pretty dining room, functional laundry room with sink, 4 bedrooms and 3 1/2 baths, plus a large flex room complete the indoor area. Step out onto the fantastic patio, compete with wood ceilings, wrought iron fencing, an outdoor kitchen, and a convenient half bath. Enjoy the heated pool overlooking the water, along with a well-built seawall, boat dock, jet ski dock, and natural stone walkways - there are countless extras to enjoy!

516 N Shore Drive, Amarillo
124 Port O Call Drive, Amarillo
$949,900
2 Beds ⋅ 2 Baths ⋅ 26-6441 MLS
Stunning Lakefront Retreat with Expansive Views & Brand-New Dock!! This property offers exceptional parking with a two-car garage, circle drive, and additional off-street parking accommodating 10+ vehicles. The brand-new oversized boat dock includes a lift, double jet ski slip, fishing swivel chairs, and an abundant space for lounging or entertaining on the water! The spacious 2 bedroom ,2 bath layout features a large living room with vaulted ceilings & beams, a cozy fireplace, custom built-in shelving, and picturesque lake views. The front den includes a wet bar and can easily be converted into a 3rd bedroom or bunk room if needed. The isolated Primary suite offers beautiful lake views ands an ensuite bath with double vanities, a jacuzzi tub, separate shower, and a dry sauna

124 Port O Call Drive, Amarillo
102 Port O Call Drive, Amarillo
$1,199,000
4 Beds ⋅ 3 Baths ⋅ 26-6409 MLS
WATER FRONT!! Luxurious home just a few a few feet from boat dock , 4 bedrooms 3 bathrooms ,Hard wood floors . Open concept with a large bar and Island that includes a vegetable sink , stainless steel appliances , double ovens, Large pantry ,trash compactor, Pot Filler and much more .

102 Port O Call Drive, Amarillo
164 Dolphin Terrace, Amarillo
$997,450
3 Beds ⋅ 3 Baths ⋅ 26-6193 MLS
Your waterfront escape awaits! Discover the ease of lake living in this Lake Tanglewood retreat, nestled in a peaceful cove with inviting outdoor spaces designed for relaxation and entertaining. Enjoy a stunning two-story deck, with the lower level accessed directly from the private primary suite, plus a side patio, hot tub, beautiful outdoor lighting, stone masonry retaining walls, concrete steps to the water, and a covered boat slip with lift. Extensive updates and improvements are detailed on the attached feature sheet, along with optional personal property available for purchase.

164 Dolphin Terrace, Amarillo
116 Bay Rock Circle, Amarillo
$1,250,000
3 Beds ⋅ 3 Baths ⋅ 26-5887 MLS
Welcome to 116 Bay Rock Circle, where everyday living feels like a retreat. Tucked away in the peaceful Lake Tanglewood community, this beautifully updated 3 bedroom, 2.5 bath home invites you to slow down and enjoy mornings with coffee on the lakeside patio, quiet evenings outdoors, and the relaxed lifestyle that makes lake living so special. Inside, the open-concept floor plan is designed for gathering and entertaining. The spacious living area features soaring ceilings, abundant natural light, expansive Pella windows & doors, and seamless access to the outdoor living spaces. The updated kitchen is both stylish and functional, offering generous workspace, beautiful finishes, a large island, and an easy connection to the dining and living areas. Modern architectural details, warm wood accents, black-framed windows and doors, and thoughtful updates throughout create a home that feels fresh, comfortable, and inviting. Multiple patio and seating areas provide plenty of room to entertain guests, enjoy the scenery, or simply unwind in your own quiet corner of Lake Tanglewood. All plumbing, HVAC and electrical new in 2019. For those searching for a peaceful, tucked-away retreat without sacrificing style or space, 116 Bay Rock Circle offers the perfect place to call home.

116 Bay Rock Circle, Amarillo
122 Bayshore Drive, Amarillo
$165,000
26-5776 MLS
Build your dream getaway or forever home on this beautiful vacant lot in the sought-after Lake Tanglewood community! Enjoy resort-style living with access to a private lake, golf course, boat docks, playground, and an on-site restaurant. Residents also benefit from the convenience and peace of mind of a dedicated volunteer fire department. Whether you're ready to build now or invest for the future, this property offers the perfect opportunity to enjoy all that Lake Tanglewood has to offer. Don't miss your chance to own a piece of one of the Texas Panhandle's most desirable lake communities!

122 Bayshore Drive, Amarillo
233 Lisa Lane, Amarillo
$2,950,000
3 Beds ⋅ 5 Baths ⋅ 26-5386 MLS
Welcome to 233 Lisa Lane, a spectacular custom-built waterfront home offering modern luxury in one of the most desirable locations on Lake Tanglewood. Nestled on the lake's quiet ''No Wake'' water, this exceptional property provides the perfect setting for peaceful mornings, paddle boarding, kayaking, and relaxing waterfront living--all while enjoying quick access to the open lake when you're ready for adventure. Designed with entertaining in mind, the backyard is a private resort featuring a stunning swimming pool with an elevated sun deck, expansive patios, and a fully equipped outdoor kitchen that makes hosting family and friends effortless. Multiple outdoor living areas, covered balconies, and shaded gathering spaces create seamless indoor-outdoor living with beautiful lake views from every angle. The meticulously landscaped grounds feature lush green lawns, mature trees, and a gentle walk to the shoreline, where a private multi-slip boat dock provides convenient access to the lake. Whether you're enjoying coffee on the balcony, grilling poolside, or spending the day on the water, every detail has been thoughtfully designed to maximize comfort and enjoyment. This striking brick home combines timeless architecture with contemporary craftsmanship, delivering a luxurious waterfront lifestyle in a peaceful setting that is rarely available

233 Lisa Lane, Amarillo
511 Melody Drive, Amarillo
$850,000
3 Beds ⋅ 2 Baths ⋅ 26-5365 MLS
Set in the highly sought-after Ski Area of Lake Tanglewood, this remarkable property offers wide-open views, gorgeous trees, and direct access to one of the most beautiful spots in the community. With the lake just steps away, you'll enjoy the perfect blend of natural beauty and recreational lifestyle--ideal for boating, skiing, and unforgettable sunrises. The home rests on a spacious lot that captures the essence of lake living, inviting you to dream, relax, and create something truly special. Opportunities like this are few and far between in such a prime location. Come experience the magic of Lake Tanglewood and imagine the possibilities.

511 Melody Drive, Amarillo
326 N Shore Drive, Amarillo
$889,000
3 Beds ⋅ 3 Baths ⋅ 26-5209 MLS
Enjoy life in Lake Tanglewood with this waterfront home offering beautiful views and easy access to the lake right outside your door. Whether you're sipping your morning coffee on the patio, spending the day on the water, or simply taking in the peaceful surroundings, this property makes it easy to enjoy lake living. Located within the Lake Tanglewood community, residents enjoy a 24/7 security gate, an 18-hole golf course, community cafe, church, and all the recreation the lake has to offer. It's a rare opportunity to own a home where every day feels like a getaway.

326 N Shore Drive, Amarillo
522 S Shore Drive, Amarillo
$505,000
3 Beds ⋅ 3 Baths ⋅ 26-5106 MLS
Breathtaking lake views and a stunning canyon backdrop set the stage for this beautifully updated retreat! Nestled against the canyon rock, this home offers a remodeled kitchen with new stainless gas range, vent hood, breakfast bar and open dining area. The inviting living room features vaulted wood ceilings and a floor to ceiling stone fireplace. Isolated primary suite downstairs with two guest bedrooms upstairs. The second living room provides endless possibilities as a game room, bunk room, media room, gym, or additional living area. Outside, you'll find a brand-new concrete driveway and two newly constructed wood patios, both perfectly positioned to capture spectacular views and abundant wildlife.

522 S Shore Drive, Amarillo
313 S Shore Drive, Amarillo
$2,950,000
4 Beds ⋅ 4 Baths ⋅ 26-4927 MLS
Experience lakefront living at its finest in this extraordinary custom-built Mediterranean villa, offering approximately 200 feet of pristine shoreline on beautiful Lake Tanglewood. Crafted with exceptional attention to detail and uncompromising quality, this home showcases luxurious finishes throughout. This luxury villa also has a 2 room walkout basement area not included in the sq. ft. From the moment you enter, you'll be captivated by the warmth and elegance of custom lighting handcrafted in New York and exquisite travertine tile imported from Turkey. Every space has been thoughtfully designed to maximize comfort, sophistication, and the breathtaking lake views that can be enjoyed from nearly every room. This impressive home features 4 spacious bedrooms and 4 bathrooms, along with 2 inviting living areas that provide ample space for both everyday living and entertaining. A versatile workout room includes a sink and refrigerator, making it ideal as a fitness space, serving room, beverage center, or hobby area. An additional room offers endless possibilities and could easily function as a fifth bedroom, private guest quarters, office, media room, or whatever best suits your lifestyle. The spacious main living area seamlessly flows onto a grand lakeside patio featuring remote-controlled screens, creating the perfect setting for year-round enjoyment. Stunning gas lanterns accent both the front entry and the main patio, adding timeless charm and elegance. The outdoor kitchen makes entertaining effortless, while exceptional waterfront amenities await, including a double-slip boat dock with two boat lifts, a spacious diving and sun deck, two dedicated jet ski ports, and a thoughtfully designed sandbar just off the shoreline for comfortable swimming and relaxation. Whether you're enjoying a peaceful morning coffee, entertaining guests, spending the day on the water, or taking in spectacular sunsets over the lake, this remarkable property offers a lifestyle of unparalleled luxury, recreation, and serenity. A rare opportunity to own one of Lake Tanglewood's premier waterfront estates, where exceptional craftsmanship, stunning views, and resort-style amenities come together to create an unforgettable lakefront retreat.

313 S Shore Drive, Amarillo
170 Dolphin Terrace, Amarillo
$1,240,000
4 Beds ⋅ 3 Baths ⋅ 26-4395 MLS
Experience lakeside living at its finest in this beautifully updated 4-bed home, surrounded by a landscaped yard with mature trees. The spacious primary suite offers a stunning view, a relaxing air-jetted tub, and a separate seated shower. The walk-out basement features two bedrooms, a full bath, and a comfortable living area. The sq ft of this HUGE walk out basement is NOT included in the total sq ft. The kitchen showcases premium Viking appliances, including a six-burner gas range, and is finished with elegant travertine flooring. An elegant balustrade staircase and retaining wall add sophistication and charm to the exterior. This exclusive community provides a 24/7 manned gate, an 18-hole golf course, a café, a church, and, of course, the lake itself -- all just steps from your door

170 Dolphin Terrace, Amarillo
101 Mathis Drive, Amarillo
$494,000
3 Beds ⋅ 3 Baths ⋅ 26-3603 MLS
Beautiful 3-bedroom, 3-bath home nestled in sought-after Lake Tanglewood! This spacious property sits on a large lot surrounded by mature trees, offering privacy and peaceful living. The layout features a bright living area, updated kitchen with granite countertops, and roomy dining space which leads out to a spacious patio perfect for entertaining. A versatile room provides potential for an office, gym or media room . Enjoy the quiet lake community lifestyle with access to boating, golf, and more all just minutes from town!

101 Mathis Drive, Amarillo
108 Caprock Lane, Amarillo
$1,050,000
5 Beds ⋅ 5 Baths ⋅ 26-3442 MLS
Welcome to your private lakefront escape in the trees-an immaculately maintained, well-built home offering comfort, space, and resort-style living on the lake shore of Tanglewood. This expansive 3,796 sq ft main home features 5 bedrooms and 5 bathrooms, with 10-12 ft ceilings and custom cabinetry and trim work throughout. The thoughtfully designed layout includes a spacious primary suite with a large en suite bath and walk-in closet, plus multiple living areas ideal for both relaxing and entertaining. Enjoy lake views year-round from the sunroom overlooking the water, or gather around the fireplace for cozy evenings. The kitchen is fully equipped with KitchenAid appliances. No city property tax and lower insurance rates - hydrant system. Additional highlights include: Fitness/game room with unfinished apartment above. 4-car garage combined. Plantation shutters throughout Newer Class 4 roof (2021) Two HVAC systems and dual 50-gallon water heaters with circulating pump Separate septic systems for main and auxiliary living spaces Step outside to a 24' x 15' covered patio, ideal for outdoor dining, grilling, and entertaining. Lakefront Living at Its Best Situated on a 1.05-acre double lot with 195 feet of lake frontage, this property offers privacy, natural beauty, and ideal orientation with morning sun and evening shade. Mature trees and canyon positioning provide excellent wind protection. The property also includes: Zoned sprinkler system covering most of the acreage Easy access near the front gate Quiet dead-end lane location Resort-Style Community Amenities Located near the community center and recreation areas, residents enjoy access to: 18-hole golf course Restaurant and clubhouse Tennis, pickleball, and basketball courts ATV trails, park, and playground Russell Activity Center Perks (Optional Conveyance) Patio furniture with fire table Pontoon boat, canoe, and jon boat Polaris Ranger and two golf carts

108 Caprock Lane, Amarillo
103 Bayshore Drive, Amarillo
$375,000
4 Beds ⋅ 2 Baths ⋅ 26-2799 MLS
--!!-- NEW ROOF-- UPDATED SEPTIC--!!-- BACK ON THE MARKET AT NO FAULT FROM SELLER--Don't miss this spacious 3 bedroom, 2 bathroom brick home in Lake Tanglewood, with an office! Featuring a rare 3-car garage and a screened-in back porch perfect for relaxing or entertaining. Inside, you'll find a cozy fireplace, a separate utility room, large bathrooms, and generous closet space throughout. This home offers both comfort and functionality in one of the area's most desirable communities. Schedule your showing today!

103 Bayshore Drive, Amarillo
153 S Shore Drive, Amarillo
$1,165,000
3 Beds ⋅ 2 Baths ⋅ 26-2636 MLS
Experience the beauty of lakeside living in this stunning 3-bedroom, 3-bathroom home nestled in the serene community of Lake Tanglewood. Situated on the water, this property offers breathtaking views, private lake access, and the perfect retreat for relaxation and entertainment. Inside, you'll find a spacious and inviting living area with large windows that fill the home with natural light. The well-appointed kitchen features modern appliances and ample cabinetry. The primary suite offers a peaceful escape with an en-suite bathroom, while the additional bedrooms provide comfort for family and guests. Beyond the main house, an unattached garage includes private living quarters, complete with a full bathroom and kitchenette--ideal for guests.

153 S Shore Drive, Amarillo
120 Caprock Lane, Amarillo
$240,000
26-1686 MLS
Here's your chance to seize a rare and exceptional opportunity - to own 4.12 acres per PRAD, all within the enchanting landscape of Lake Tanglewood. With breathtaking lake and canyon views, this property promises a lifestyle of serenity and natural beauty. Nestled within this private community, you'll find yourself in the lap of luxury and convenience. Lake Tanglewood is renowned for its exclusive amenities, offering residents the ultimate in leisure and relaxation. Among these amenities is an 18-hole golf course that beckons golf enthusiasts, a well-stocked library for the avid reader. Rest easy knowing that a dedicated fire department stands ready to protect this slice of paradise. But perhaps the most charming of all is the opportunity to embark on Sunset Boat Rides and Golf Cart Rides

120 Caprock Lane, Amarillo
12 Frog Leap, Canyon
$575,000
26-997 MLS
Rare chance to own a lakefront lot on the south end of prestigious Lake Tanglewood. This 1-acre property offers a prime location with recent upgrades including curved cement retaining walls and cement steps leading to a stainless steel boat dock with TREX double decking. Some site preparation has already been completed, so it's primed and ready for you to build your dream home. Enjoy added privacy from your neighbors with a 300-foot wall on the west side, creating a peaceful and secluded atmosphere with a STUNNING VIEW of the lake!! The sellers will also include the house plans they had drafted for the property. Per seller: dirt work and retaining wall $130K, 300' of privacy wall on the west side $80K 2024 boat dock $105k Entry through Tanglewood or The Canyons gates.

12 Frog Leap, Canyon
Tanglewood Road, Amarillo
$189,000
26-297 MLS
Excellent opportunity to acquire 1.14± acres located on Tanglewood Road, just minutes from Lake Tanglewood. This property offers a great shop or personal-use location with easy access while remaining outside city limits. The site provides flexibility for permitted uses under existing restrictions and is well-positioned among similar properties in the area. Ideal for buyers seeking land for storage, a private shop, or future development, subject to deed restrictions. Convenient location with nearby amenities and strong area growth.

Tanglewood Road, Amarillo
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