Davenport Ranch is an exclusive, upscale community, located in the Austin metro area. This beautiful neighborhood features several developments in various price ranges.
Austin TX Neighborhood: Davenport Ranch
Davenport Ranch is an exclusive, upscale community, located in the Austin metro area. This beautiful neighborhood features several developments in various price ranges. It was developed with beauty and convenience in mind, and that standard has remained in place throughout its existence. Residents of Davenport Ranch have the comfort and luxury of suburban living and a location that makes city life accessible.
History
Development at Davenport Ranch began in the early 1980s. The original purpose of the community was to offer an upscale community with astounding views of the city to the more affluent citizens of the Austin area. Growth in both Davenport Ranch and the city of Austin has brought the convenience of the city even closer to the community. Every year since construction in the area began, the community has gotten larger and more diverse, while continuing to uphold the standards on which Davenport Ranch was created.
Economy/Jobs
The economy in the Austin area is in a considerably better state than most parts of the United States. In May of 2008, Forbes Magazine ranked Austin as the third most Recession-proof city in the nation. The magazine also ranked it as one of the fastest growing metropolitan areas in their January 2008 edition. The area has attracted many major employers, particularly in the software development and computer manufacturing fields. Area unemployment rates are drastically lower than most areas of the United States, with an April 2008 unemployment rate of only 3.4%. Continued growth in the area looks to keep the economy and job markets stable, even as the nation is teetering on the brink of a recession.
Real Estate
The Davenport Ranch community offers a range of more upscale real estate selections for its residents. There are single-family homes, spacious apartment complexes, and luxury homes available. Prices in the area start at around 300,000 and can go into the four million dollar range. There are previously owned homes in the area, which are available, and also a wide selection of newly built homes. As it is a newer community, even the older homes are a bit more updated than in many areas. In the second half of 2007, the median selling price of listed homes within the Davenport Ranch developments was 700,000, though there are many homes and apartments within a more affordable price scale. The wide variety of home pricing makes Davenport Ranch an obtainable goal for home buyers.
Attractions
Many are attracted to Davenport Ranch not only for the beautiful homes, but also for the educational, entertainment, and cultural opportunities if the neighborhood. Families residing in the community can take advantage of the Eanes independent school district, which has been rated as one of the top school systems in Texas. The community is adjacent to Lake Austin, offering wonderful water sports activities. There is also a beautiful wilderness preserve nearby for those who enjoy spending time outdoors. The heart of the city of Austin is just minutes away, allowing easy access to the shopping, dining, and cultural offerings of the city.
Falconhead is one of the most beautiful golf communities available anywhere in the country. With a laid-back atmosphere and a prime location, this neighborhood is one of the most desirable communities within the west Austin area. Falconhead is a welcoming retreat for those who are looking at retiring, but want access to the best the city has to offer or even for those who want a quiet and comfortable place to raise their family.
History
While the community of Falconhead is quite new, only being in existence since 2003, the area in which it in located has an extensive and interesting history. Bee Cave has been in existence for well over one hundred years. The town has always been a small community, where the ideals and regulations of city government were deemed unnecessary and undesirable. In the 1980s, Austin was beginning to annex many local areas and the citizens of Bee Cave banded together to incorporate the Village of Bee Cave and prevent annexation. In 2003, the Falconhead golf course was built in the town, and the Falconhead community along with it.
Economy/Jobs
Falconheads proximity to Austin allows residents to have the full benefit of the stable economy and job market of the city, while being situated outside the city, itself. One of the more affluent communities in the area, Falconhead residents have a median income of 128,501, which is well beyond the median income for the state of Texas and even the city of Austin. Area unemployment rates are well below the national average, coming in at 3.4 percent in April of 2008. Major employers in the area include Dell, IBM, and Motorola. Forbes magazine has recently given Austin the honor of being one of the most recession-proof cities in the country, and that feature is the same for all of the local communities.
Falconhead Real Estate
Homes in the Falconhead community are among some of the most beautiful in the entire Austin area. This exclusive community has amazing homes with a median selling price of 440, 230, though it is possible to find area homes ranging from 300,000 to well over 1 million. As the community is a more recent addition to the area, the majority of the homes are newer and there is a wide range of new construction and open lots available for purchase. More than ninety percent of the homes in the area are owner-occupied; however, there are some homes that are available for rent and leasing options.
Attractions
The premier attraction of living at Falconhead is the amazing golf course. Falconhead was built around the countrys first PGA Signature Series golf course, which was designed by the PGA Tour Design Center. The 18-hole course opened in 2003 and includes features such as a clubhouse, pro shop, and driving range. Off the course, residents can enjoy shopping and dining in a variety of local restaurants and stores. With just a quick drive, all of the offerings of the city of Austin are at the fingertips of the Falconhead locals.