S.G.
I agree with Kristin. You don't want your kids in Denver Public Schools. I did a lot of research before we bought our home in the eastern part of Englewood. We wanted to be in the #1 school district in Colorado, Cherry Creek School District, but we couldn't afford to buy the typical home in the area (around $500K). That is for homes in the cities of Greenwood Village and Centennial, both of which overlap into the Cherry Creek School District. So our real estate agent found us a home for the low $300s in this little sliver of Englewood that is sandwiched between the more expensive cities of the Cherry Creek district. The neighborhood is called Cherry Creek Vista. We live, specifically, in "The Hills at Cherry Creek South." Our property taxes are $2700/year versus twice that amount that we would have paid if we were 1/4 of a mile further north and in the city of Greenwood Village.
My husband likes our location because we are 10 minutes from three major freeways: I-25, I-225, and C-470. You can get just about anywhere in the Denver metro area within 20 minutes from our home.
I like our area because we're 5 minutes from Cherry Creek State Park (great for dogs, kids, and people who like water sports). We also have great restaurants and shopping. The crime rate is super low and our neighbors are not snobby, keep-up-with-the-Joneses types. The Castle Rock outlet mall is only 15 minutes south of us and Colorado Springs is another 10 minutes past that. Oh, and there is a Light Rail (our so-so form of public transportation from the suburbs to Downtown) station 1/2 a mile west of us.
Downsides to our area: (1) Centennial Airport is just south of us and the corporate jets make a ton of noise. I hear them a few times a week. You won't hear them when your windows are closed, but if they're open or you're outside it can be really annoying. My personal theory is that airport will move someday because the land is becoming too valuable for runways, but you can't count on it. (2) We have to get Denver Water, which is great quality, but is rationed during drought years. (3) You have to drive everywhere, unlike downtown Denver. But you're probably used to that, coming from TX and CA.
My personal opinion on Colorado Springs: It's perfect for big-time Christians but a bit too conservative for the rest of us. Sorry if I'm offending anyone but I'm Jewish and would not want to live there for cultural reasons. There is also a very strong, rapidly-growing Hispanic population there, which could be great for you if that is your culture. I love the fiestas they have a few times a year. Other pluses: The Springs is beautiful and very close to the mountains. It is ideal for horse lovers who also want to be close to a metropolitan area.
I agree with Carole W about Parker, Castle Rock, Elizabeth, Boulder and The Highlands. All are great places. Parker and Elizabeth will have more affordable housing but are still full of very nice middle to upper-middle class people. Castle Rock, Boulder, and The Highlands are more pricey.