Falcon Ranch ‘part of boom’ in Katy ISD, Fort Bend County
When Robert Serrett was looking for a house to buy just over a decade ago, he found Falcon Ranch had everything he was looking for.
“I thought this was a really good start-up community,” said Serrett, now president of the Falcon Ranch Homeowners Association. “We have a phenomenal location, as well as price points.”
Others seem to agree. The 12-year-old community is completely built out, and neighborhood houses that go up for sale are being grabbed up in as little as 48 hours.
“Falcon Ranch is really a neat little community,” Fort Bend County Precinct 3 Commissioner Andy Meyers said. “It’s part of the boom out here.”
Falcon Ranch, which is west of Texas 99, south of Bay Hill Boulevard and northeast of Westheimer Parkway, is surrounded by such neighborhoods as Parkway Oaks, Katy Creek Ranch and Falcon Landing.
Cinco Ranch lines on its east, on the other side of Texas 99.
Today, Serrett said, the community has 848 homes and approximately 3,400 residents.
According to the Houston Association of Realtors, the median size of a Falcon Ranch home is 2,756 square feet. Home values in 2012 ranged from $170,000 to $267,000.
Homeowner fees are $594 a year.
The community offers a great layout and location, former HOA president Phyllis Colón said, but she’s convinced it’s the people that make Falcon Ranch a great place to live.
“The people who have moved here on the whole are very community-oriented,” she said. “Our community is very, very safe, and parents are very conscientious about their children. These are the kinds of things everybody wishes their community would be like.”
Falcon Ranch also benefits from having its own municipal utility district, Serrett said.
MUD 124 recently built a $1 million waste treatment plant and installed a new subterranean water pump. The MUD has contracted with the Fort Bend County Precinct 3 Constable’s Office to provide patrol services for the community.
The homeowners’ association works closely with the MUD and Precinct 3, along with its surrounding homeowners’ associations, Serrett said.
“In fact, we (the HOAs) petitioned the county to install a stop light at Westheimer and Falcon Landing and Falcon Landing and Bay Hill, as well as a stop sign at Falcon Landing and Falcon Knoll.”
Additional HOA projects include the installation of a splash pad and a number of community events. Most recently, it hosted a summer celebration in June.
Falcon Ranch’s board members serve the community with the assistance of a management service, Principal Management Group of Houston.
“They do a phenomenal job making sure Falcon Ranch is the pristine community it is,” Serrett said.
Falcon Ranch has been successful from its beginning, Meyers said.
“I was in office when the developer started that subdivision, and it built out very quickly,” he said. “It had very nice homes, but it wasn’t too expensive.
“It’s a community that has a lot of pride in itself,” Meyers added. “The community events are very well-attended.”
Falcon Ranch’s future is looking good, too, the commissioner added. There are plans in place to develop a 32-acre regional community park between Falcon Ranch and the Cinco Ranch middle school and high school campuses, along Texas 99.
The park, a Willow Fork Drainage District project, will be funded through a $29 million bond issue approved by voters in November 2011.
“This is going to add to the amenities of that community,” Meyers said.
The park will be complemented by the Willow Fork Drainage District’s hike-and-bike trail project, which will create a trail system from Katy Mills mall to George Bush Park.
The trails will connect to area communities and also to the Central Green park and entertainment venue that recently opened at the LaCenterra shopping center.
The trail section near Falcon Ranch is expected to be completed next year.
“To me, this is a community where so many good things are happening,” Colón said.