Why Live in Fate
Fate is a small city on the edge of the Dallas-Fort Worth Metroplex, home to just over 25,000 residents. The city hall is located about a mile north of the old town center, which features local businesses, the fire station, and the City of Fate Community Center. Fate functions primarily as a bedroom community with direct access to Downtown Dallas via Interstate 30. Housing in Fate consists mostly of new traditional homes built from 2000 onwards, with planned subdivisions like Avondale and Monterra. Many neighborhoods have homeowner associations, and homes often feature ranch-style designs with mature trees. Students are zoned to either Rockwall Independent School District or Royse City Independent School District, both of which have high ratings. Fate boasts over 110 developed green spaces, including Robert Smith Family Park, Fate Colonial Park, Joe Burger Park, and the under-construction Fate Station Park, which will have a railroad theme. Dining options are limited, with most restaurants located along South William E. Crawford Avenue. For more extensive shopping, residents head to nearby cities like Rockwall. Annual events include the Christmas Tree Lighting at city hall and Celebrate Fate, which features live music and ends with a fireworks show. Interstate 30 is the main thoroughfare, providing easy access to Dallas and Fort Worth. The closest airport is Dallas-Fort Worth International Airport, about 46 miles west.
Home Trends in Fate, TX
On average, homes in Fate, TX sell after 79 days on the market compared to the national average of 50 days. The median sale price for homes in Fate, TX over the last 12 months is $397,490, up 3% from the median home sale price over the previous 12 months.
Median Sale Price
$397,490
Median Single Family Sale Price
$439,225
Average Price Per Sq Ft
$184
Number of Homes for Sale
381
Last 12 months Home Sales
461
Median List Price
$444,445
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%