The Falcon area is located about 30 minutes from Downtown Colorado Springs and 15 minutes from Schriever and Peterson Air Force bases. The area was a railroad hub in the early 20th century and the town spent several decades as a quiet ranching community until it experienced rapid residential growth throughout the 1990s. The availability of affordable land, as well as the proximity to Peterson Air Force Base and Schriever Air Force Base, have helped promote rapid growth and development offering many new construction homes and an abundance of new shopping centers and restaurants. Homes for sale in this area range from new construction homes to homes on acreage offering beautiful views of the countryside. School District 49 serves this area.