Why Live in Fate
Fate, Texas, a small city on the edge of the Dallas-Fort Worth Metroplex, has seen significant growth over the past decade, expanding from less than 10,000 residents to over 25,000. The city functions primarily as a bedroom community for the metroplex, with direct access to Downtown Dallas via Interstate 30. Housing in Fate predominantly consists of new traditional homes built since 2000, with many subdivisions featuring homeowner associations. The homes are typically ranch-style with mature trees, and neighborhoods like Avondale and Monterra are examples of recent developments. Students in Fate attend schools in either the Rockwall Independent School District or the Royse City Independent School District, both of which are highly rated. The city boasts over 110 developed green spaces, including parks like Robert Smith Family, Fate Colonial, Joe Burger, and the under-construction Fate Station Park, which will have a railroad theme. Dining options in Fate are limited, with most restaurants located along South William E. Crawford Avenue and Fate Main. For more extensive shopping and dining, residents often travel to nearby Rockwall or Dallas. Annual events such as the Christmas Tree Lighting at City Hall and Celebrate Fate provide community engagement and entertainment. While Fate lacks direct access to Dallas Area Rapid Transit, the nearest station is in Downtown Rowlett, and Dallas-Fort Worth International Airport is about 46 miles away.
Home Trends in Fate, TX
On average, homes in Fate, TX sell after 75 days on the market compared to the national average of 70 days. The median sale price for homes in Fate, TX over the last 12 months is $380,490, up 6% from the median home sale price over the previous 12 months.
Median Sale Price
$380,490
Median Single Family Sale Price
$415,000
Average Price Per Sq Ft
$193
Number of Homes for Sale
58
Last 12 months Home Sales
355
Median List Price
$413,990
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
6%