New Homes in The Terraces Rockwall TX: Pricing, Builders, and Lot Sizes

If you are looking at  new homes in The Terraces DFW, you are doing something that many people do not: you are paying attention early. The Terraces is a brand-new community on the north side of Rockwall, and at the time of this preview it does not even have homes built yet. You are basically deciding with dirt, plans, and local intel, not finished-model polish.

And that is exactly why this guide exists. I am going to walk through what matters most: location, taxes, schools, community layout, lot sizes, what builders are building there, and what you can expect to pay based on current published pricing.

Table of Contents

• Why Buy Early in The Terraces Rockwall TX
• Builders and Lots in The Terraces Rockwall TX
• Taxes and Schools in The Terraces Rockwall TX
• Amenities in The Terraces Rockwall TX
• Home Prices in The Terraces Rockwall TX
• Where is The Terraces Rockwall TX Location At
• David Weekley at The Terraces Rockwall TX
• Perry Homes at The Terraces Rockwall TX
• Cost Guide in The Terraces Rockwall TX
• FAQs About New Homes in The Terraces DFW
• Final Thoughts

Why Buy Early in The Terraces Rockwall TX

I know we are not supposed to believe in winners and losers anymore and everyone gets a participation trophy. But being first still matters, especially with new construction.

When a community is brand new, inventory is limited and the “good” lots move quickly. Pricing also tends to creep upward as more homes sell and design trends become more established. In other words, timing can be a real advantage when you are shopping new homes in The Terraces DFW before the crowd shows up.

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Builders and Lots in The Terraces Rockwall TX

There are two builders involved that matter for your planning: David Weekley and Perry Homes.

Before we talk floor plans, let’s talk lot sizes because this is where The Terraces feels different from the typical “rinky dink” subdivisions.

• Expected lot sizes: around 60 to 70 foot lots for many homes
• Not the tiny 40 or 50 foot lot vibe
• Home sizes start around 2600 square feet and go up from there

That size range matters because it affects the lifestyle you can create. Bigger lots plus bigger homes usually means you can actually use the space, not just move into it.

Taxes and Schools in The Terraces Rockwall TX

At a high level, The Terraces checks multiple boxes people care about when they are raising a family in DFW.

Rockwall ISD and the tax rate

This community is inside Rockwall ISD with a stated 1.56 tax rate. The math can be important over years, not just months.

• Tax rate: 1.56
• No mud and no PID (as described in the preview)

School access that stays relevant

One of the strongest points is school proximity. The community is minutes from the new Rockwall High School 9th Grade Campus, along with middle and elementary options.

The key detail here is that this freshman campus is expected to grow into a full high school over time. The expectation given is a 5 to 7 minute drive, possibly up to 10 minutes for most of the time your kids are in school.

Space, green areas, and a smaller community feel

Rockwall ISD is not the only reason people feel good about the area. The Terraces is designed to feel more “neighborhood” than “mass development.”

• Over 42 acres of open space and green space in the broader area plan
• Only about 184 homes planned total
• A top-notch amenity center
• Playground overlooking a lake

In plain terms, you get community amenities and green space without the feel of a giant multi-phase project.

Amenities in The Terraces Rockwall TX

Even before models are up, there are visual and lifestyle tells. The Terraces includes an amenity center with a playground that overlooks the lake.

And yes, there is already a “water scene” vibe out there. During the preview you can even see someone kayaking in the area, which is a reminder that this is a landscape-driven community design.

• Amenity center included
• Playground with lake views
• Lifestyle draw: green space plus water proximity

Home Prices in The Terraces Rockwall TX

Let’s get real about numbers. The stated starting price for the neighborhood is expected to be in the mid 600s. That is the “off the jump” baseline, and then it climbs depending on builder, floor plan, and lot premium.

Also remember: this community is early. That usually means incentives and closing cost help can be stronger in the first homes that get released.

What kind of square footage are we talking?

• Home sizes start around about 2600 square feet
• Plans go up to around 3600 to 4100 plus depending on series and lot size

Where is The Terraces Rockwall TX Location At

Location is one of those things people “feel” rather than fully analyze. So here is the breakdown in a way you can use.

North Rockwall area

The Terraces is in the north side of Rockwall, near main road access points and retail corridors.

The preview also referenced a plane flying overhead. The reason given is proximity to Ralph M. Hall Municipal Airport. This is not a major commercial airport situation, but it can explain why small aircraft might appear low overhead.

• North Rockwall location
• Ralph M. Hall Municipal Airport nearby (reason for low-flying small aircraft moments)
• Easy access to major roads and shopping

Shopping and everyday convenience

The area is described as having convenient access to major stores and restaurants. Examples mentioned include Walmart, Costco, Target, and “Lord’s Chicken” (because that matters to real humans).

There are also grocery options mentioned, including Fresh by Brookshire and other retail nearby. The point is simple: you are not building a home where you have to drive 25 minutes for essentials.

David Weekley at The Terraces Rockwall TX

David Weekley is one of the two builders in The Terraces. As of the preview, pricing was not listed yet, but the floor plans are posted.

David Weekley is covering the smaller-lot category first, described as 62 foot lots, with minimum square footage starting in the low 2400s and stretching up to about 3600 to 4100 square feet depending on the largest plan in that series.

David Weekley 62t series (smaller lots)

Example plans mentioned include:

• Payton (described as a single-story style with 4 bedrooms, 3 full baths, 2-car garage)
• Starfire (described as a larger plan in the 62t series with a curved staircase and a 3-car garage option)

The Payton was described with features such as a large patio potential, study options, and a layout that is meant to feel livable and efficient for daily living. The larger Starfire adds more space with a more open second-floor approach and the ability to make storage areas into bonus space depending on how the options work.

David Weekley estate series (larger lots)

David Weekley is also tied to the larger lot series described as 72t. These include:

• Minimum square footage around 2800 on single story plans
• Up to around 4200 square feet on larger plans

One plan previewed had a split garage arrangement. The builder style allows for design add-ons like a sliding glass door option on the family room. That said, the preview also pointed out that options like that can be expensive, with a rough estimate given in the mid to high five figures range depending on what you choose.

Perry Homes at The Terraces Rockwall TX

Perry Homes is the builder where pricing was available during the preview. That makes it easier to budget and compare right away when you are shopping new homes in The Terraces DFW.

The product is described in lot categories and corresponding home series:

• 62t, 72t, 82t, and 100t lots
• Home size range: roughly 2600 to 4000 for 62t lots

Key Perry pricing takeaways

Here are the pricing reference points given in the preview, including “base price right now” style numbers. Keep in mind these can rise as the neighborhood sells through and as lot premiums apply.

• 62t lots: starting around mid 600s (example referenced as starting just under $650), with upper range up to around $770
• 72t lots: base prices referenced around $759 for a plan around 3200 to 3600 square feet, with an example around $768 base
• 82t and 100t lots: base prices referenced with examples around $826 and climbing up to around $881,900 early on

There is also an important note: the larger lot pricing examples were described as not accounting for lot premiums yet. So the final number can land higher once the specific lot and selected options are finalized.

What the plans tend to look like

The Perry plans described lean into spacious layouts: three-car garage options, game rooms, formal dining, home offices, and primary bedrooms positioned for privacy at the back of the home.

One plan highlighted for the 62t category included a 3-car garage, a game room in the middle, and a primary suite at the back.

Expected “move now” advantage

The preview emphasized that the best deal usually comes from two things:

1. Having a conversation early (so you can learn what incentives or closing cost help is available)
2. Getting in early before the pricing adjusts and before the most attractive lots disappear

That is good real estate strategy regardless of which neighborhood you pick. In a newer community, momentum matters.

Cost Guide in The Terraces Rockwall TX

If you are trying to decide whether The Terraces fits your budget, here is the honest range logic based on the preview details.

• Start of neighborhood pricing: expected mid 600s
• Perry base pricing examples span from just under $650 into the $700s for many 62t and 72t options
• Larger lots and fully specced homes can approach close to a million dollars depending on selections and lot premiums

The preview made a specific point that fully specced homes on larger lot categories could land near that $1M mark. That is not guaranteed, but it is a realistic planning assumption if you choose the biggest square footage and add enough upgrades to match your lifestyle.

And if that feels like too much, that is okay. There are likely smaller options in the 62t range that stay closer to the “mid 600s” expectations, especially if you avoid the highest cost option upgrades.

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FAQs About New Homes in The Terraces DFW

Final Thoughts

If you want new homes in The Terraces DFW, timing is the advantage. This community is still early, not overbuilt, and in a part of Rockwall that buyers are already paying attention to for schools, space, and convenience.

With David Weekley and Perry Homes in the mix, your best move is to get in early, compare the right lot and floor plan, and understand pricing before it shifts. If you want help figuring out whether The Terraces is the right fit for you, call or text me today at 469-707-9077   before the best opportunities are gone.

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