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Clear Lake / Nasa Area Houston Real Estate
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| As a community that is home to NASA Johnson Space Center, as well as to the third largest boating center in the United States, Clear Lake has a great deal to offer.
Clear Lake describes an area built near the bay water that empties into the Gulf of Mexico. It lies about halfway between downtown Houston and Galveston on I-45 South.
The city of Houston annexed Clear Lake City in 1976. But eight surrounding communities comprise the area: Clear Lake Shores, El Lago, Kemah, League City, Nassau Bay, Seabrook, Taylor Lake Village and Webster. The population of Clear Lake and the eight townships totals approximately 156,000.
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 | Clear Lake originally was a fishing and agricultural community. NASA's decision in the 1960s to locate the Johnson Space Center there gave a strong impetus to the area's development. Today, aerospace related companies employ about 27 percent of the area's population.
Contributing significantly to the area's economy also are the petrochemical and computer industries. As a result, housing in Clear Lake is in demand and the area offers a variety of housing options. For example, South Shore Harbour in League City offers homes with boat slips and touts their new resort and conference center. In seaside communities near NASA Road 1, one can set sail from townhomes, apartments and homes as well.
For those who like planned-community living, Friendswood Development Co. has created more than 10 single-family subdivisions.
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| Generally, ages of homes range from brand new to 25 years old. New construction is constant. Purchase prices span from $80,000 to $600,000, with some custom homes even higher.
The apartment and townhome rental market is thriving with occupancy rates close to 100 percent. The high demand has recently created a shortage of available units, creating waiting lists in some cases. Rents average more than 75 cents per square foot. Newcomers who need short-term interim housing, however, will find it available through suite hotels and corporate apartment rental companies.
High-flying types will appreciate Hobby Airport just 10 miles away. Even non-flyers will occasionally have the chance to greet astronauts or U.S. presidents and other VIPs as they wing in to Ellington Field.
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