Love Eagle Mountain Lake but can't afford to buy lake front property? Lots of wonderful homes are located near Eagle Mountain Lake. You can live near the lake (rather than on it) and still enjoy almost all that it has to offer and pay a lot less for a home. Lots of properties available all around Eagle Mountain Lake. Nearby cities of Azle, Saginaw and Lake Worth have lots of shopping and other amenities. Eagle Mountain Lake is located just minutes from downtown Fort Worth and is managed by the Tarrant Regional Water District (TRWD). You'll find that the Homes for sale near Eagle Mountain Lake range in price from below $100,000 to over $1,000,000, depending on the community and whether it is actually a waterfront home. As you can see, there is a price range to suit almost anyone's budget.