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Real Estate Prices & Overview

Falcon Pointe Blvd / Hidden Lake Xing median real estate price is $521,513, which is more expensive than 83.3% of the neighborhoods in Texas and 68.0% of the neighborhoods in the U.S.

The average rental price in Falcon Pointe Blvd / Hidden Lake Xing is currently $2,475, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.6% of the neighborhoods in Texas.

Falcon Pointe Blvd / Hidden Lake Xing is a suburban neighborhood (based on population density) located in Pflugerville, Texas.

Falcon Pointe Blvd / Hidden Lake Xing real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Falcon Pointe Blvd / Hidden Lake Xing neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.

In Falcon Pointe Blvd / Hidden Lake Xing, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Falcon Pointe Blvd / Hidden Lake Xing is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Falcon Pointe Blvd / Hidden Lake Xing neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

In addition, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Falcon Pointe Blvd / Hidden Lake Xing neighborhood. A whopping 100.0% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 100.0% of the neighborhoods in the U.S. Everything here just feels new. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

Furthermore, one way that the Falcon Pointe Blvd / Hidden Lake Xing neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 97.5% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

People

Of note is NeighborhoodScout's research finding that the Falcon Pointe Blvd / Hidden Lake Xing neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Falcon Pointe Blvd / Hidden Lake Xing community truly stands out from the rest in this regard.

In addition, a majority of the adults in the Falcon Pointe Blvd / Hidden Lake Xing neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Texas by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 98.4% of the neighborhoods in Texas. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children, first-time home buyers and urban sophisticates.

Also, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 96.9% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Falcon Pointe Blvd / Hidden Lake Xing neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.

Occupations

The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Falcon Pointe Blvd / Hidden Lake Xing neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 17.1% of its workforce, this neighborhood has a greater concentration of government workers than 98.1% of U.S. neighborhoods.

Diversity

Did you know that the Falcon Pointe Blvd / Hidden Lake Xing neighborhood has more Eastern European and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.8% of this neighborhood's residents have Eastern European ancestry and 2.6% have British ancestry.

Falcon Pointe Blvd / Hidden Lake Xing is also pretty special linguistically. Significantly, 2.8% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 96.2% of the neighborhoods in America.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Falcon Pointe Blvd / Hidden Lake Xing neighborhood in Pflugerville are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 92.2% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Falcon Pointe Blvd / Hidden Lake Xing neighborhood, 65.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is government jobs, whether they are in local, state, or federal positions, with 17.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (13.8%), and 13.2% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Falcon Pointe Blvd / Hidden Lake Xing neighborhood is English, spoken by 80.4% of households. Other important languages spoken here include Spanish and Vietnamese.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Falcon Pointe Blvd / Hidden Lake Xing neighborhood in Pflugerville, TX, residents most commonly identify their ethnicity or ancestry as Mexican (20.9%). There are also a number of people of German ancestry (10.6%), and residents who report Irish roots (9.7%), and some of the residents are also of English ancestry (9.6%), along with some Asian ancestry residents (7.6%), among others. In addition, 15.4% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Falcon Pointe Blvd / Hidden Lake Xing neighborhood spend between 15 and 30 minutes commuting one-way to work (39.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (64.1%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (10.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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