Eagle Lake is located in southeast Colorado County, on U.S. Highway 90 Alternate, some 60 miles west of Houston, 140 miles east of San Antonio and 100 miles southeast of Austin. Highways serving the community are U.S. 90A, and Texas FM 102, FM 3013 and FM 1093, and 12 miles to the north is Interstate 10.

Eagle Lake has long been an agricultural community. Rice is the major crop; however, cotton, grains, and cattle production are also important to the economy. Sand and gravel mines around Eagle Lake supply the materials for construction to a large part of southeast Texas. Today, Eagle Lake is diversifying its economy with a strong emphasis on bringing new industry into the area as well as helping existing business prosper and grow.

The rice fields, along with the largest private lake in the State of Texas, Eagle Lake, provide an attractive wintering ground for many migratory birds.