What does it cost to live at Falconhead Golf Club?

Homes inside the Falconhead boundary around Falconhead sold for a median of $862,500 over the 12 months ending September 2026, across 46 sales, versus $855,000 the year before. Houses, 46 of the sales, had a median of $862,500. 19 listings are for sale today. The right number for a specific home comes from recent sales of the same type and size on nearby streets.

There is nothing to join. Falconhead is a public daily-fee course, so anyone can book a tee time, and Rick's notes add that it offers optional play memberships for regulars. That makes it the lowest-cost way to live on a good course near Lakeway. If you later want a private club, The Hills and Spanish Oaks are a few minutes away, and neither requires you to live inside its gates to join.

No. Falconhead Golf Club is a daily-fee course, so there is no membership you are required to buy with a home in Falconhead, and anyone can book a tee time. Your home's HOA is separate from the course and has its own dues and rules. If you later want a private club, several are a short drive away, and at most Austin clubs you do not need to live in the community to join.

Falconhead was designed by the PGA TOUR Design Center and opened in 2003 in Bee Cave. It is a public daily-fee course that stretches to 7,181 yards from the tips, with wide fairways and consistently good conditions, so anyone can book a tee time. It is one of the few courses near Lakeway where you can live on the course without joining a private club.

The median home around Falconhead went under contract in 31 days over the last 12 months, versus 43 days the year before, counted on cumulative days on market so relisted homes are not reset. It sold for 96.2% of its original list price, and 37% of the homes that sold had cut their price. Add about 30 to 45 days from contract to closing. A home priced in line with recent sales on launch day usually beats the median.

Over the last 12 months, Falconhead had 46 sales at a median of $862,500 and 31 days on market. For comparison, over 12 months, The Hills and Flintrock had 86 sales at a median of $915,000 and 36 days on market, and Spanish Oaks had 17 sales at a median of $3,750,000 and 68 days on market. Each club's median reflects its own mix of condos, older houses and new construction, so compare the same home type and size. Rick can pull side-by-side sales for the specific homes you are weighing, and walk you through how the clubs themselves differ.

The MLS does not flag course frontage reliably, so we do not publish a course-lot premium for Falconhead. In practice, a lot on the course sells for more than a similar house a street away when the view is good and the lot sits away from the landing areas. What matters is which side of the fairway, how close to a tee or green, and how much the lot sits above the course. Rick knows which streets back to the course and can tell you how each lot plays.

Start with the documents: the HOA and any sub-association rules, leasing and short-term rental limits, golf-ball easements on course-side lots, and whether a seller's club membership can transfer. Read the HOA rules for your section, and check drainage and lot slope, since much of Falconhead is built on hillsides. Rick adds one more: ask the club, not only the seller, about the current membership timeline before you plan around playing the day you move in.

Of the 46 houses with a recorded build year that sold around Falconhead in the last 12 months, 0 were built before 1990, 24 between 1990 and 2009, and 22 in 2010 or later. The median house measured about 3,406 square feet and sold for about $272 per square foot, and the median lot was 0.23 acres. By price, 15 sales closed under $750,000, 30 from $750,000 to $1.5 million, 1 from $1.5 to $3 million and 0 at $3 million or more.

Tell Rick what you want in a club and a home. He can arrange a clubhouse tour and an honest membership conversation at Falconhead, and walk you through the homes around the course, including ones he hears about before they list. If you are seriously looking, he will also host you for a round at Westlake Country Club, his home club, to compare notes. Meanwhile, save a search inside the Falconhead boundary so new listings reach you first.