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Neighborhood guide · Fate, Texas

New homes in Monterra

Fate's master-planned community with three builders active — but the number to know is the Monterra PID: about $173 a month on top of the 1.619769 tax rate.

Compare Monterra plans in the finder →

The quick facts

BuildersDavid Weekley Homes, Highland Homes, K. Hovnanian
LocationFate, Texas — Rockwall County
SchoolsRockwall ISD (verify campus assignment with the district)
2026 total tax rate1.619769 per $100 of assessed value — adopted. City 0.290869 · County 0.262 · ISD 1.0669
HOARoughly $60–$100/month (typical ~$100) — Medium confidence, confirm with the HOA
MUD / PIDVaries by section — verify for the specific address (see notes below)
Confirmed floorplans64 plans, 3–5 beds, 1,629–4,029 sqft

Why Monterra

Monterra is in Fate, Rockwall County, zoned to Rockwall ISD. All three builders have confirmed floorplans here: Highland Homes, David Weekley Homes and K. Hovnanian.

The 2026 adopted tax total is 1.619769 per $100 — and then there's the Monterra Public Improvement District (Improvement Area #1), roughly $173 a month by lot type. Like Sonoma Verde, any payment quote that skips the PID is incomplete.

Fits the buyer who wants a Fate master-plan with three builders to compare side by side, PID included in the math.

Builders & confirmed floorplans

Highland Homes, David Weekley Homes, and K. Hovnanian have 64 to-be-built plans listed in Monterra. I checked each builder's Monterra pages on Oct. 9, 2026.

Highland Homes — 42 confirmed plans

David Weekley Homes — 16 confirmed plans

K. Hovnanian — 6 confirmed plans

Base prices are each builder's starting price for that plan in Monterra, checked Oct. 9, 2026. They leave out lot premiums and options. Prices change often, so confirm with the sales office.

The tax math

Texas taxes new construction on market value, and Fate's 2026 adopted total is 1.619769 per $100 — that's the number your monthly payment is actually built on, not the builder's quote.

What the arithmetic looks like on a $550,000 purchase: $550,000 × 0.01619769 = $8,909/year ≈ $742/month in property tax alone. That's straight math on the adopted rate — your assessed value and exemptions change the real bill. Run your own numbers with the real monthly payment calculator or grab the Texas Tax Trap Calculator before you write an offer.

Current incentives

Here's what each builder's site showed on Oct. 14, 2026. Builders often change offers, so confirm each one with the builder's sales office.

Sources: Weekley's anniversary offer page ↗, 7% offer page ↗, Highland's DFW promotions page ↗ and K. Hovnanian's Monterra page ↗, checked Oct. 14, 2026. See more builders on the incentive tracker.

Video tour

Watch “What $525K to $825K Gets You in Monterra” on YouTube

What $525K to $825K Gets You in Monterra — a field tour from DFW New Build Pros. Watch on YouTube ↗

Questions buyers ask about Monterra

Who's building in Monterra?

David Weekley Homes, Highland Homes, and K. Hovnanian are active in Monterra, with 64 confirmed floorplans on this page.

What's the price range in Monterra?

Base prices run from $389,990 to $707,990. That's each builder's starting price per plan, checked Oct. 9, 2026. Prices change often, so confirm with the sales office.

What's the property tax rate in Monterra?

1.619769 per $100, adopted for 2026 (Rockwall ISD, Rockwall County). On a $550,000 purchase that's about $742/month in property tax by straight arithmetic — before exemptions.

What schools serve Monterra?

Rockwall ISD. Verify the specific campus for an address with the district — attendance zones move.

What is the Monterra PID?

The Monterra Public Improvement District (Improvement Area #1) runs about $173 a month — $2,070 to $2,899 per year flat per lot by lot type, installment due January 31, 2027. Add it to the tax line of every payment quote.

Get the Monterra buyer's sheet

The full price picture, the tax math at your price point, and first word when new inventory drops in Monterra. Straight from me — no spam, ever.

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