Doug:
A few thoughts as you consider how to proceed:
1. Take your time. This will hopefully be a long-term relationship, and finding the right fit is better than finding A fit. You're not getting your cash back in most cases.
2. The course should be damn good. Is it a place you'd want to play 2-3 times a year, year in, year out? This will take time away from other compelling opportunities: Bandon, Streamsong, Cabot CBI, Pinehurst, Casa de Campo, etc etc.
3. Will your buddies want to join you on repeated trips? Good chance you'll want to bring a game and some of the courses we love are not the ones non-architecture buffs love. 27 or 36 hole days can be tough on those used to cart riding.
4. Ancillaries i.e. putting courses, short courses, decent bar and dining matter.
5. How difficult is it to access times a week or two out? With this recent explosion of interest in golf, it can be difficult to access your own course without significant heads up, which can be a downer when you just want to go hang for a few days.
6. Transit can be an issue at some of the remove clubs. Consider that cost, flight frequency, etc. You should have it just about as easy as anyone if you're coming from IAH.
7. Do not try to cost-value-average this one. In almost all circumstances, it's way more expensive all in than you expect. Do yourself a favor and don't try to make the cost-per-round calculation.
8. Consider something like Thousand Greens or Outpost as you decide.
But mainly take your time.