Neighborhood in Fate, Rockwall County

Living in Monterra, Fate

A

1st of 7areas in Fate
Overall score 91 of 100 vs Texas neighborhoods
Fate overall: B

Monterra is a neighborhood in Fate, TX, home to about 3,800 people. It gets an A, in the top 12% of Texas neighborhoods, and ranks 1st of 7 areas we score in Fate. It does best on cost of living and worst on getting around.

  • Well connected
  • Getting around scores low (9 of 100)
  • Tornado risk is very high

Closest everyday places

Grocery store1.9 mi
Pharmacy1.7 mi
Park0.5 mi
Cafe0.8 mi
Restaurant1.1 mi
Gym1.0 mi
Hospital or urgent care2.1 mi
Childcare1.4 mi
Library3.5 mi

Straight-line distance from the middle of where people live. Overture Maps.

Population
3,830
Median rent
No data
Median home value
$448,000
Household income
$195,300
Average commute
31 min
Homes owned
100%
Loading map

What it's like to live in Monterra

Monterra is a neighborhood in Fate with about 3,800 residents, mostly newer homes (median year built 2017), mostly owner-occupied (100%) and 65% of households with children.

It grades A against every neighborhood in Texas and ranks 1st of 7 areas in Fate, which grades B overall.

Pros of living in Monterra

  • Higher incomes. The median household earns $195,300, 47% higher than the Fate median.
  • Well-rated schools nearby. 2 of the 3 closest public schools are rated A or B.
  • Parks within walking distance. The closest park is about 0.5 miles away.

Cons of living in Monterra

  • Natural hazard risk. FEMA rates the risk of tornadoes and hail as very high in this part of town.

Monterra report card

Each grade compares Monterra with every neighborhood in Texas. Safety is not graded for single neighborhoods because police report crime for the whole city.

  • Cost of living: grade A+

    Homes cost 2.3x income.

    95 of 100 vs TX areas

  • Jobs and income: grade B-

    Median household income $195,300, 7.9% unemployed.

    63 of 100 vs TX areas

  • Schools: grade B+

    Nearby schools average 87 of 100 on the state rating.

    76 of 100 vs TX areas

  • Safety: no grade

    Citywide, 112 violent crimes per 100k, 303 property crimes per 100k.

    No score vs TX areas

  • Errands and things to do: grade D

    Few everyday stores and services within a mile of homes.

    23 of 100 vs TX areas

  • Getting around: grade D-

    Average commute 31 min, 23% work from home.

    9 of 100 vs TX areas

  • Education levels: grade A

    61% have a bachelor’s degree.

    89 of 100 vs TX areas

  • Health: grade B+

    8.7% of adults uninsured.

    75 of 100 vs TX areas

  • Home ownership: grade A-

    100% of homes owner-occupied.

    83 of 100 vs TX areas

  • Internet access: grade A

    100% of homes have broadband.

    91 of 100 vs TX areas

Monterra compared with Fate

Better than Fate

  • Median household income: $195,30047% higher than Fate ($132,752)
  • Adults with a bachelor's degree or higher: 61%18 points higher than Fate (42%)
  • Homes owned by the people living in them: 100%8 points higher than Fate (92%)

Worse than Fate

  • People below the poverty line: 7.1%3 points higher than Fate (3.6%)
  • Unemployment rate: 7.9%2 points higher than Fate (5.4%)
  • Vacant homes: 7.1%2 points higher than Fate (5.2%)

Closest public schools

Texas Education Agency 2025 ratings. Check the attendance zone for any address with the district.

  • ABillie Stevenson ElementaryElementary, Rockwall ISD0.9 mi
  • CBobby Summers MiddleMiddle, Royse City ISD1.8 mi
  • ARockwall High SchoolHigh, Rockwall ISD4.4 mi

Cost of living in Monterra

The median home is worth $448,000, 17% higher than the Fate median, which means a monthly payment of about $3,200 with property tax at today's mortgage rates.

MeasureHereFateTexas
Median home value17% higher than Fate$448,000$384,300$283,800
Home value to income21% lower than Fate2.3x2.9x3.6x
Homes owned by the people living in them8 points higher than Fate100%92%63%
Vacant homes2 points higher than Fate7.1%5.2%9.4%
Median year homes were builtAbout the same as Fate201720131992

Monthly cost to buy a median home

$3,200
Mortgage payment
$2,452
Property tax
$748

Based on a $448,000 home in Monterra, 20% down and a 30-year loan at 7.28% (Freddie Mac average, week of 2026-10-01). Property tax is the median for the surrounding Census tract, or the county where that is not published. Insurance and fees are not included.

Work, income and getting around

MeasureHereFateTexas
Median household income47% higher than Fate$195,300$132,752$78,476
Unemployment rate2 points higher than Fate7.9%5.4%5.3%
People below the poverty line3 points higher than Fate7.1%3.6%14%
Adults with a bachelor's degree or higher18 points higher than Fate61%42%34%
Average commute11% lower than Fate31 min35 min27 min
Workers who work from home6 points higher than Fate23%17%14%
Workers who walk, bike or take transitAbout the same as Fate0%0.8%2.6%
Homes with broadband internet2 points higher than Fate100%98%91%

Natural hazard risk

FEMA National Risk Index for the Census tracts in this area.

  • River floodingVery low
  • HurricanesLow
  • TornadoesVery high
  • HailVery high
  • Heat wavesHigh
  • WildfiresHigh
  • Winter stormsLow
  • Strong windHigh

Who lives in Monterra

Under 1840%
18 to 3421%
35 to 6435%
65 and over4.8%
Race and ethnicity
White42%
Hispanic or Latino35%
Black13%
Asian7.1%
Other or more than one race3.3%

Shown for information only. It is never part of any grade.

Other neighborhoods in Fate

  1. 2A-WoodcreekMedian rent $2,570
  2. 3B+AvondaleMedian rent $1,190
  3. 4B+Chamberlain CrossingMedian rent $2,870
  4. 5C+Spring MeadowMedian rent $2,090
  5. 6D+Luby AcresMedian rent $2,730
  6. 7D+Melody RanchMedian rent $2,100

Similar neighborhoods in other cities

Areas elsewhere in Texas with the closest mix of grades.

  1. ARiversidePecan Grove
  2. B+Kingwood LakesHouston
  3. A+Heath Golf & Yacht ClubHeath

Questions about Monterra

Is Monterra a good place to live?

Monterra is a neighborhood in Fate, TX, home to about 3,800 people. It gets an A, in the top 12% of Texas neighborhoods, and ranks 1st of 7 areas we score in Fate. It does best on cost of living and worst on getting around.

How much does it cost to live in Monterra?

The median home is worth $448,000, 17% higher than the Fate median. A median home costs 2.3x the median household income, compared with 2.9x across Fate.

What schools serve Monterra?

The closest rated public schools are Billie Stevenson Elementary (elementary, rated A), Bobby Summers Middle (middle, rated C) and Rockwall High School (high, rated A). School zones can differ from the closest school, so check with the district.

This area is built from 1 Census block group closest to the Monterra name on the map, so its edges are approximate. Sources: US Census Bureau 2020-2024 ACS 5-year, CDC PLACES 2025, Texas Education Agency, FEMA National Risk Index, Overture Maps. How we grade.