Clear Lake City was created through a joint venture of Humble Oil and Refining Company (now Exxon-Mobil U.S.A.) and the Del E. Webb Corporation. In 1938, oil man and rancher James Marion West, whose venerable mansion still stands on the shores of Clear Lake, sold 30,000 acres in southern Harris County to Humble Oil. In 1961, NASA located its Manned Spacecraft Center on 1,000 acres next door and the area began to prosper. Clear Lake City was annexed by Houston in 1977 and, by 1988, led the Houston area in the sale of new, single-family homes. The community, ideally situated is exactly half-way between Houston and Galveston. Although Clear Lake was impacted by Hurricane Ike in 2008, the city has rebounded rapidly and continues to grow. Within a thirty minute drive residents can attend cultural, educational and recreational events. Ballet, opera, theaters, orchestras, museums, NASA, amusements parks, observatories, zoos, major league sports of every kind, and the beach at Galveston are all conveniently available.
A number of local annual events draw tourists to Clear Lake City, and include the Clear Lake Spring Fling and Boating Festival, the Ballunar Liftoff Festival,
Clear Lake City’s excellent public schools are part of the award-winning Clear Creek Independent School District.
There is a variety of housing available from traditional single-family homes in older subdivisions and new gated neighborhoods to luxury townhouses and residential high-rises. Prices for single-family homes range from the low $100,000s into the several millions. Townhouses range from below $100,000 into the $800,000s and luxury high rise units vary from the $400,000s to well over $1 million.