ZIP 80831 · unincorporated · School District 49
Falcon: the newest housing stock on this site
Falcon's ZIP holds the newest housing on this site. Of the single-family parcels the assessor places in 80831, 42% were built in 2010 or later and only 3.4% before 1980. The median parcel dates from 2006.
Source: El Paso County Assessor, EPC Parcel Data file (dated 10/6/2026) and file layout, checked 2026-10-09.
Recorded sales
| Sales | 149 |
|---|---|
| Median | $525,000 |
| Middle half | $451,000 to $618,000 |
| Median assessor actual value, single-family parcels | $522,000 |
Source: El Paso County Assessor, Three Month Sales Report, September 2026 (XLSX, sales recorded July 1 to September 30, 2026), checked 2026-10-09; El Paso County Assessor, EPC Parcel Data file (dated 10/6/2026) and file layout, checked 2026-10-09.
Most of these sales carry the assessor's "Eastern El Paso County" community label (131 of 149); only 8 carry "Falcon" itself, so read the ZIP figure as the area's market, not one neighborhood's.
School district edges
| School district on the parcel record | Single-family parcels | Share |
|---|---|---|
| School District 49 | 10,949 | 88.9% |
| Peyton School District 23 | 1,161 | 9.4% |
| Ellicott School District 22 | 191 | 1.6% |
| Calhan School District RJ1 | 16 | 0.1% |
Source: El Paso County Assessor, EPC Parcel Data file (dated 10/6/2026) and file layout, checked 2026-10-09; School District 49, official website, checked 2026-10-09.
School District 49 covers the large majority, and its office is at 10850 East Woodmen Road in Peyton, inside this ZIP. Roughly one parcel in eleven lists Peyton School District 23 instead; the 9 Peyton-district sales in the window had a median of $720,000. District 49 organizes its schools into innovation zones, one of them the Falcon Zone.
Source: School District 49, official website, checked 2026-10-09; El Paso County Assessor, Three Month Sales Report, September 2026 (XLSX, sales recorded July 1 to September 30, 2026), checked 2026-10-09.
Allowance against a payment
| Line | Amount |
|---|---|
| Price: median arms-length single-family sale, ZIP 80831, July 1 to September 30, 2026 | $525,000 |
| VA funding fee, first use, under 5% down (2.15%), financed | $11,288 |
| Loan amount | $536,288 |
| Rate: Freddie Mac 30-year fixed average, week of October 8, 2026 | 7.40% |
| Principal and interest over 360 months | $3,713.15 |
| School levy: School District 49 45.649 mills on 7.05% of price | $140.80 |
| Local levies: county 6.857 + library district 2.938 = 9.795 mills on 6.25% of price | $26.78 |
| Estimated monthly total before insurance, HOA and metro-district levies | $3,881 |
| 2026 BAH E-5 with dependents | $2,358: $1,523 below the estimate |
| 2026 BAH O-3 with dependents | $2,595: $1,286 below the estimate |
Source: El Paso County Assessor, Three Month Sales Report, September 2026 (XLSX, sales recorded July 1 to September 30, 2026), checked 2026-10-09; VA.gov, VA funding fee and loan closing costs, checked 2026-10-09; Freddie Mac Primary Mortgage Market Survey, checked 2026-10-09; El Paso County Treasurer, Mill Levies, tax year 2025 (billed 2026), checked 2026-10-09; El Paso County Assessor, 2025 and 2026 Property Class & Sub-Class Assessment Rates (PDFs), checked 2026-10-09; DoD BAH 2026, rate files bahw26.dat and bahwo26.dat (May 13, 2026 revision), checked 2026-10-09.
The core stack here is light on the local side: no city levy, just the county and the library district. District 49's 45.649 mills do most of the work. If the parcel is in the Falcon Fire Protection District (14.886 mills on the county schedule), the estimate rises to about $3,921. The county schedule also carries nearly 300 metropolitan-district entries, with levies from 0 to 100 mills; if a parcel sits in one, that line can move the tax bill more than any other choice on this page.
Source: El Paso County Treasurer, Mill Levies, tax year 2025 (billed 2026), checked 2026-10-09.
What the allowance buys here
On the core stack the E-5 allowance covers a purchase near $319,000 and the O-3 allowance near $351,000 (rounded). Falcon's 25th-percentile sale was about $451,000, well above both, so the allowance alone reaches only a thin slice of this market.
Drive time
Falcon is unincorporated, so the start point is the Google Maps place pin for Falcon, CO 80831 rather than a public building. The route Google picks runs via US-24 W for 23.0 miles to Gate 1 (Freedom Gate). Set to leave Mon Oct 12 2026, 7:00 AM, it shows a typical 26 to 35 minutes: the same range as Monument's trip, on about four fewer miles. ID check not included.
Drive: Google Maps, depart Mon Oct 12 2026, 7:00 AM MT, checked 2026-10-09. Gate hours: Fort Carson visitor information page, checked 2026-10-09.
Gates
Gate 1 (Freedom Gate), Gate 3 and Gate 20 (Roosevelt Gate) are the three that never close. Gates 5 and 6 east of Highway 115 keep weekday hours, 5 a.m. to 6 p.m. Test your route on a weekday morning before you settle on a street.
Source: U.S. Army Fort Carson, Visitor Access Information and gate table (official garrison page), checked 2026-10-09.
Parks on the county list
The county's East District runs from Meridian Road to the county line and includes Falcon Regional Park, Homestead Ranch Regional Park, Paint Mines Interpretive Park and the Rock Island Regional Trail.
Source: El Paso County Parks, About El Paso County Parks, checked 2026-10-09.
Who it suits
Falcon suits a family that puts newer construction first and has income beyond the allowance to bridge the gap, and that will read a metro-district disclosure before signing. It suits less well anyone who needs a house priced at the allowance.
Nearby alternatives
- Fountain: median $393,000, District 8
- Southeast Colorado Springs: the site's lowest median, older homes
- Monument: higher prices, District 38
Sources and dates
- El Paso County Assessor, EPC Parcel Data file (dated 10/6/2026) and file layout, opened 2026-10-09.
- El Paso County Assessor, Three Month Sales Report, September 2026 (XLSX, sales recorded July 1 to September 30, 2026), opened 2026-10-09.
- School District 49, official website, opened 2026-10-09.
- VA.gov, VA funding fee and loan closing costs, opened 2026-10-09.
- Freddie Mac Primary Mortgage Market Survey, opened 2026-10-09.
- El Paso County Treasurer, Mill Levies, tax year 2025 (billed 2026), opened 2026-10-09.
- El Paso County Assessor, 2025 and 2026 Property Class & Sub-Class Assessment Rates (PDFs), opened 2026-10-09.
- DoD BAH 2026, rate files bahw26.dat and bahwo26.dat (May 13, 2026 revision), opened 2026-10-09.
- Google Maps directions, route 7, depart Mon Oct 12 2026 7:00 AM MT, opened 2026-10-09.
- U.S. Army Fort Carson, Visitor Access Information and gate table (official garrison page), opened 2026-10-09.
- El Paso County Parks, About El Paso County Parks, opened 2026-10-09.