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Big Lake

Big Lake

$215,370 Average Value
$28 Average Price per Sq Ft
0 Homes For Sale

A big oil boom in Big Lake, Texas

Few Texas cities were impacted by the oil industry in the way that Big Lake was. Known as “the birthplace of the Permian Basin,” Big Lake’s economy was forever changed when the Santa Rita well struck oil in 1923, transforming this once small West Texas town into one of the largest oil-producing regions in the state. Today, the oil industry continues to bring jobs and new developments to this tight-knit rural city an hour west of San Angelo. “We have quite a transient workforce population,” says Jimmy Barton, a 50-year resident and executive director for the economic development corporation. “During a big oil boom, we’ll have approximately 15,000 people come through.” With local schools, a healthy retail base and recreational spaces available to everyone in the community, locals stand by their slogan, “Living’s great in Big Lake.”

2nd Street shops, restaurants and boutiques

Most shops and restaurants are located to the south along East 2nd Street. Los Cazadores is a local sports bar and pizzeria with Mexican cuisine such as tostadas and enchiladas, while Sugar Creek Grill serves freshly grilled hamburgers and sweet potato waffle fries. Local dining also includes a variety of small Mexican restaurants and fast-food chains, with Lowe’s Market serving as the local grocery store. Small businesses include specialty stores such as the 4 Pedals Flower Shop and Twisted Pearly Pear Boutique. The 1st Plaza Shopping Center is the newest retail addition to Big Lake that finished construction in 2024. “A lot of our retail sales are passer-throughs – men here for work that buy gifts to take back home to their families,” Barton says.

Traditional homes with affordable price points

Single-family homes are situated across city blocks north and south of the main highway. Smaller homes are built with brick and stucco with chain links and wooden fences and will have lower prices from $50,000 to $200,000. Moderate-sized traditional homes with patios, guest houses and up to half-acre lots are more common in the city and vary between $200,000 and $350,000. There are also many three-star hotels in the downtown area that the temporary workforce uses for short-term housing.

High school football, memorial parks and rodeo

The biggest park in Big Lake is the Reagan County North Park, which has a playground, swimming pool and rodeo arena where bull-riding competitions are held. There’s another playground directly south in the Josh Mitchell Memorial Park, which was named after a former deputy who fell in the line of duty in 2012, as well as Bertrand Park, which is located right next to the Bethlehem Baptist Church. Fans also like to rally for their Fighting Owls at James H. Bird Memorial Stadium during the fall. “Football is everything around here,” Barton says. “Every Friday night, the stands are packed, and win, lose, or tie, we’re out there til’ we die.”

Newly updated Reagan County Schools

Reagan County Schools are based in Big Lake and serve around 800 students within the county. Reagan County Elementary has a 12-to-1 student-teacher ratio and a B-minus rating on Niche, while Reagan County Middle has a B and a newly upgraded campus as part of a 2022 bond package. Reagan County High School has a C-plus and is getting new sports fields, classrooms and technology as part of that same bond package.

Concho Valley Transit to San Angelo

Big Lake has two main roads between U.S. Highway 67 and Texas State Highway 137. While there aren’t any public transportation options, the Concho Valley Transit provides fare-free rides over 70 miles east to San Angelo. The Reagan Hospital District has its own pharmacy and is open for 24 hours.

David Dunn
Written By
David Dunn

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Big Lake Housing Trends

Housing Trends

Median List Price
$90,000
Median Sale Price
$75,000
Median Single Family Sale Price
$75,000
Median Change From 1st List Price
17%
Last 12 months Home Sales
1
Average Price Per Sq Ft
$28

Neighborhood Facts

Number of Homes in Neighborhood
90
Number of Homes for Sale
0
Median Year Built
1992
Months of Supply
0.00
Average Single Family Home Size Sq Ft
2,004
On par with the national average
1,927
Median Lot Size Sq Ft
13,503

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Weather

Annual Precipitation
19''
Average Winter Low Temperature
31°F
Average Summer High Temperature
94°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®®

44 / 100

Car-Dependent

Walk Score®®

38 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.