Living in Fate Texas – The Secret New Community You’ll Love

If you've been searching for your dream home in the Dallas-Fort Worth area, you might want to turn your attention to a hidden gem that's quickly gaining buzz: a brand-new community in Fate, Texas, known as Terraces in Rockwall. Nestled in a quaint neighborhood with fewer than 200 homes, this community boasts low tax rates, excellent schools, and some of the most phenomenal builders in the region. Whether you're looking for a move-in-ready inventory home or a stunning model home with all the bells and whistles, Terraces offers an unmatched opportunity for families and homebuyers.

Today, let's take a deep dive into three standout homes in this community, each with unique features and layouts that cater to different tastes and needs. From jaw-dropping model homes to inventory homes with surprising design twists, this guide will help you understand why living in Fate Texas' still a secret new community might just be the best-kept secret you want to uncover before everyone else does.

Table of Contents

• Why Terraces in Rockwall is the Perfect Location in Fate Texas
• Touring Three Incredible New Construction Homes in Terraces
• What Makes Living in Terraces in Rockwall So Special?
• FAQs About Living in Fate Texas – The Secret New Community You’ll Love
• Final Thoughts on Living in Fate Texas' New Community

Why Terraces in Rockwall is the Perfect Location in Fate Texas

Before we jump into the homes themselves, it’s important to understand what makes this area so appealing. Located in North Rockwall, Terraces offers:

• A small, intimate neighborhood with less than 200 homes
• Access to highly rated school districts
• Exceptional builders known for quality and design
• Low tax rates, specifically around 1.52% in Rockwall ISD
• Proximity to key amenities and highways

Here are some key highlights regarding location:

• Only 5 minutes from the brand-new high school opening in September-October 2025
• 10 minutes from the new Rockwall Freshman campus
• Just 3 minutes from Highway 30, making commutes easier

These factors make Terraces a fantastic option for families who want a serene neighborhood without sacrificing convenience and quality of life.

Touring Three Incredible New Construction Homes in Terraces

Let's walk through three remarkable homes that showcase the variety and quality in this neighborhood. Each offers something unique, whether it’s layout, size, or a special feature that will make you stop and think.

1. The Inventory Home with the Unique Half-Floor Study

This first home is an inventory home, meaning it’s move-in ready and could be yours before the school year even begins, depending on when you’re reading this. It’s competitively priced and has a feature that you’ll either love or hate: a half-floor study located between the upstairs and downstairs levels.

Starting with the exterior, this home comes with a spacious three-car garage and a J-swing driveway that adds functionality. Step inside, and you are greeted by tall ceilings and an inviting entryway that sets the tone for the rest of the house.

Downstairs, you’ll find a guest bedroom complete with its own bath and closet. A standout feature here is the secondary bathroom’s stand-up shower, a thoughtful upgrade that many buyers are opting for over traditional tubs. This is a small investment that adds significant value and convenience.

One of the details that really caught my eye is the 8-foot tall doors paired with high ceilings throughout the home. This combination creates a feeling of openness and grandeur without being overwhelming.

Now, onto the living areas. The open-concept kitchen, dining, and living room space is designed for entertaining and everyday living. The kitchen island is massive — easily accommodating four or more people — and offers plenty of cabinet storage.

Natural light floods the home thanks to walls of windows, a hallmark of Perry Homes in this neighborhood. Even on a cloudy day, the light is impressive, creating a warm and inviting atmosphere.

The backyard offers just the right amount of space: enough to enjoy outdoor living without the burden of excessive maintenance.

Upstairs, the primary bedroom has dual closets and a bathroom that features separate vanities, a large walk-in shower, and a generously sized soaking tub — yes, a tub that I could fit in comfortably, even though I probably won’t!

Now, for the unique feature: the half-floor study. This space is situated between the upstairs bedrooms and the downstairs living areas, with high ceilings and glass doors. Imagine working here with a view of the living room below. It’s a split-middle location that some will love for its connectivity to the family space, while others might find it too noisy or distracting, especially with kids around.

Upstairs, you’ll find four bedrooms total, including a game room that’s flooded with natural light. While it’s wired for surround sound and could function as a media room, the presence of windows makes it less than ideal for a traditional media room setup unless you install blackout curtains or shades.

Pricing for this home is a standout deal. Originally listed over $800,000, it’s now available at $749,900. Considering the location, size, and features, this is a fantastic opportunity to get into a brand-new home in a thriving community.

2. The Stunning Model Home with Eye-Candy Features

Next, let’s step into the model home, a showcase of what’s possible in Terraces. This home spans over 4,300 square feet, with two stories and thoughtful design details throughout.

The dining room is positioned at the front of the house, a practical use of space that’s perfect for formal gatherings. The layout flows into a powder bath and a laundry room, conveniently located near the garage entrance.

One detail the builders nailed here is the tile work in the bathrooms — tile all the way to the ceiling. It’s a relatively inexpensive upgrade that adds a touch of elegance and makes the space feel more luxurious.

The primary bathroom features separate vanities, which I personally love. It eliminates the common issue of sharing one countertop and keeps things organized and tidy.

The vaulted ceilings in the primary bedroom add volume and openness, making the room feel even larger. There’s also a pocket office area — a small nook that might serve as a work-from-home space or a quiet corner for reading.

Step outside, and you’ll find an expansive patio perfect for entertaining. While the model home showcases an outdoor kitchen and multiple features for outdoor living, keep in mind that Texas summers can be brutally hot. If you’re budget-conscious, you might consider nixing some of these extras and focusing on the natural light and cabinetry inside.

The kitchen features cabinetry carried all the way to the ceiling and waterfall countertops that blend seamlessly into the backsplash. These design choices are more expensive but provide an elegant, high-end look.

Another feature to note is the third-car garage, designed with a J-swing layout similar to the first home. This configuration is becoming popular, but opinions vary on whether it’s the most functional setup.

Upstairs, the model offers a quarter-floor study — different from the half-floor study in the first home. This space is more traditional and might be easier to manage in terms of noise and privacy.

The upstairs media room is wired for surround sound, but again, the windows mean you’ll likely want to add doors or blackout curtains to create the perfect movie-watching environment.

Bedrooms upstairs are spacious, with one featuring a landing nook that could serve as a reading space or extra storage. The bathrooms continue the tile-to-ceiling trend, keeping the elegant theme consistent throughout the home.

Pricing for this model home is based on lot size. On a 72-foot lot, the base price is $860,000, while an 82-foot lot bumps it to $903,000. Depending on your selections and upgrades, the total price could approach $1 million, but Perry Homes offers excellent standard features that reduce the need for costly design add-ons.

3. The Inventory Home with a Massive Yard and No Back Neighbors

Finally, let’s tour an inventory home that stands out for its massive 100-foot-wide homesite and no back neighbors. This kind of lot size is rare and offers a level of privacy and outdoor space that’s hard to find.

Inside, the study is back in its traditional location at the front of the house with tall ceilings, providing a quiet workspace separate from the main living areas.

Upstairs, there are three bedrooms, including a Jack and Jill bathroom setup. This bathroom features separate sinks but lacks doors between the sinks and toilets, which might be a love-it-or-hate-it detail depending on your family’s preferences.

There’s plenty of storage space throughout the home, including closets and a “Harry Potter” style closet for added charm and utility.

One of my favorite features is the laundry room connected directly to the closet and bathroom, allowing you to step right from your closet into the laundry space — a true convenience for busy families.

The primary bedroom, while a bit smaller than I expected, still fits a king-size bed and other furniture comfortably. The high ceilings in the living room and the stone-tiled fireplace that extends to the ceiling create a dramatic and cozy atmosphere.

The kitchen pantry is generously sized, which is a must for a large family or anyone who loves to cook and entertain. Many builders skimp on pantry space in big homes, but not here.

Out back, the yard is expansive with no back neighbors, providing plenty of space for kids to play or for hosting outdoor events. The covered patio has high ceilings that add to the open feel.

Pricing for this home is currently under $950,000, which is a steal compared to similar homes in Frisco, Prosper, or McKinney where the price would easily exceed $1 million.

What Makes Living in Terraces in Rockwall So Special?

Now that we've walked through these three homes, let's talk about what makes this community so unique and why it’s still a secret worth uncovering:

• Boutique Neighborhood: With fewer than 200 homes, Terraces offers a close-knit community feel with plenty of space between neighbors.
• Variety of Lot Sizes: Choose from 62, 72, 82, or 100-foot-wide lots, each offering different levels of privacy and outdoor space.
• Low Tax Rates: The tax rate is well under 2%, specifically at 1.52% in Rockwall ISD, making homeownership more affordable.
• Great School Access: Proximity to new high schools and campuses means your kids will have access to quality education close to home.
• Builder Incentives: Perry Homes is offering flex cash incentives that can be used toward price reductions, interest rate buy-downs, closing costs, and more. This makes the buying process more flexible and affordable.
• Move-In Ready Options: Inventory homes are available for quick move-in, perfect for families wanting to settle before the new school year.

Because the neighborhood is just opening, now is a prime time to strike a deal before the area becomes more established and prices rise. Whether you're looking for a custom build or a move-in ready home, there are opportunities to negotiate and secure great terms.

FAQs About Living in Fate Texas – The Secret New Community You’ll Love

How many homes will be in the Terraces community?

The community will have fewer than 200 homes, split between Perry Homes and David Weekley Homes.

What are the tax rates like in this area?

Property taxes are well under 2%, with the Rockwall ISD tax rate specifically at about 1.52%.

Are there schools nearby?

Yes, the new high school opens in late 2025, and the Rockwall Freshman campus is just 10 minutes away.

Are there any incentives for buyers?

Yes, Perry Homes offers flex cash incentives ranging from $20,000 to $40,000 depending on the home, which can be applied to price reductions, closing costs, or interest rate buy-downs.

What lot sizes are available?

Lot sizes range from 62 to 100 feet wide, providing options for different preferences in yard space and privacy.

Are there move-in ready homes available?

Yes, there are several inventory homes ready for quick move-in, perfect for families looking to settle fast.

Is this community good for families with children?

Absolutely. With great schools nearby and family-friendly amenities, it’s an ideal location for families.

Final Thoughts on Living in Fate Texas' New Community

Terraces in Rockwall offers a rare combination of boutique community living, excellent schools, low taxes, and high-quality homes from reputable builders. Whether you prefer a move-in ready inventory home with unique features, a stunning model home with elegant upgrades, or a spacious home with a massive yard and privacy, this community has something for everyone.

With builder incentives and pricing that’s still competitive, now is the perfect time to explore what this neighborhood has to offer before it becomes the next hot spot in the Dallas-Fort Worth area.

If you’re ready to learn more or want help navigating your home search in Terraces or other DFW neighborhoods, don’t hesitate to reach out at 469-707-9077 or visit my website at zakschmidt.com. Your dream home in this still-secret community could be just a call or click away!