- Rockwall County
- Fate TX
- 75087
- Local Area: Monterra
- Rockwall ISD
- Tankless Water Heater
- Covered Parking
- Media Room
- Wet Bar
- Game Room
- Home Theater
Property Overview
Entertain in style in this all new Grand Home located in Monterra, a premier master-planned community offering exceptional amenities, including a swimming pool, splash pad, scenic bike trails, a park, and pickleball courts. Nestled within the highly acclaimed Rockwall ISD, this beautiful 2-story home features four spacious bedrooms and 6 living spaces.
The open-concept family room showcases wood floors and a two story fireplace with a wet bar and a wine storage with glass walls. The chef’s kitchen is complete with a large island, Omegastone slab countertops, elegant white Shaker cabinets, deep full-bowl sink, stainless steel appliances, a commercial style 8 burner gas cooktop with double ovens and a commercial vent hood, pots and pans drawers, a walk-in pantry, a built-in trash drawer.
A flexible layout provides space for a formal living room or dining, a home office, a downstairs media room, while upstairs there is a gameroom plus a bonus room for entertainment space. Custom finishes include 8-foot doors, pre-wiring for flat-screen TV, and wood flooring. The primary suite offers a luxurious retreat with a freestanding soaking tub, glass-enclosed shower, dual sinks, and wood floors in the bedroom.
Energy efficiency is built into every detail with Energy Star certification, R38 insulation, and a tankless water heater. Enjoy the perfect blend of comfort, style, and convenience—just minutes from Lake Ray Hubbard, with abundant shopping and dining nearby.
HAVE QUESTIONS ABOUT THIS HOME?
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HAVE QUESTIONS ABOUT THIS HOME?
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Property highlights
Year Built 2026
School District Rockwall ISD
HOA $1,200 Annually
Pool Yes
Parking 2-car garage, 2 covered
Architecture Detached
Fireplace 1 Fireplaces
Neighborhood Monterra
Full Property Details
Property Details
PROPERTY HIGHLIGHTS
Quick Details
- Price $728,980
- Status Active
- Bedrooms 4
- Bathrooms 4
- Square Feet 4,008 Sq Ft
- Lot Size 0.18 acres
- Lot Size Sq Ft 7,841
- Year Built 2026
- Price / Sq Ft $182 / Sq Ft
- MLS # 21199569
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- County Rockwall
- Subdivision Monterra
- Days on Market 234
Home Details
- Full Baths 3
- Half Baths 1
- Foundation Slab
- Roof Composition
- Flooring Carpet, Ceramic Tile, Wood
- Heating Central, Fireplaces, Natural Gas, Zoned
- Cooling Central Air, Ceiling Fans, Electric, Zoned
Kitchen & Interior
- Appliances Double Oven, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave, Tankless Water Heater, Vented Exhaust Fan
- Interior Features Cathedral Ceilings, Decorative Designer Lighting Fixtures, High Speed Internet, Open Floorplan, Cable Tv, Wired For Sound, Air Filtration
- Fireplaces 1
- Fireplace Features Family Room
Lot & Exterior
- Lot Features Landscaped, Subdivision, Sprinkler System
- Exterior Features Rain Gutters
- Fencing Wood
- Pool Features Community
Parking
- Parking Garage Faces Front, Garage, Garage Door Opener, Kitchen Level
- Garage Spaces 2
- Covered Parking 2
- Attached Garage Yes
Taxes & HOA
- HOA Fee $1,200 Annually
- HOA Includes All Facilities, Association Management, Maintenance Grounds, Maintenance Structure
Utilities
- Utilities Sewer Available, Underground Utilities, Water Available, Cable Available
- Water Public
- Sewer Public Sewer
Schools
- Elementary Billie Stevenson — Rockwall ISD
- Middle Herman E Utley — Rockwall ISD
- High Rockwall — Rockwall ISD
Listing Information
- MLS Board NTREIS
- List Date 03/06/2026
- Source Updated 10/25/2026
- Last Updated 10/25/2026
- Virtual Tour Available
Explore in 3D
Property Tax & CAD Valuation for 1431 Potenza Way
Rockwall CAD records for 1431 Potenza Way, Fate, TX 75087 show a CAD market value of $536,226 and a net appraised value of $536,226. CAD values are used for property-tax purposes and may differ from the property's current list price or eventual sale price.
TAX INFO FOR NORMAL PEOPLE
A plain-English look at Rockwall CAD property-tax and appraisal records for 1431 Potenza Way, Fate, TX 75087, including CAD market value, appraised value, exemptions, taxing entities, improvement records, and value history.
View Official Rockwall CAD Property Record
1. CAD Big Picture: Land + Improvements = Market Value
This shows what the CAD market value is made of. Appraisal districts usually separate value between the land and the improvements. Improvements may include the home, garages, shops, patios, pools, decks, storage, and other structures.
Land Value $60,200 + Improvement Value $476,026 = CAD Market Value $536,226
2. Improvement Details: Size, Type & Assessed Value
This is a breakdown of the improvements CAD has listed for the property and the square footage or area connected to those records. CAD improvement records may include the main living area, garages, shops, decks, patios, pools, storage, or other site improvements when available.
RESIDENTIAL (2 STORY)
Value: $476,026 Total Area: 4549 Sqft Living Area: 4049 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| MAIN AREA | MA | 2,539 Sqft |
| MAIN AREA | MA | 1,510 Sqft |
| ATTACHED GARAGE | AG | 418 Sqft |
| COVERED PORCH | CP | 64 Sqft |
| COVERED PORCH | CP | 18 Sqft |
3. Current Tax Exemptions & Statutory Limitations
Property tax bills reflect two distinct types of CAD adjustments: local taxing jurisdiction exemptions (which reduce taxable value below appraised value) and statutory appraisal limitations (which limit the annual growth of appraised value itself). Each taxing entity establishes its own exemption amounts and tax rates.
No standard exemptions or CAD reductions were detected in the current record.
Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. The figures shown reflect the current CAD record. Specific exemption details are displayed when available from the source. A buyer’s exemptions and future tax obligations may differ.
4. Value After CAD Reductions
This is where CAD reductions, exemptions, limitations, or special-use valuation may affect the value used for tax calculations.
CAD Market Value $536,226 − All Current CAD Reductions $0 = Current Taxed Starting Point $536,226
This reflects the CAD net appraised value after current CAD reductions. Individual taxing units may use different taxable values when exemptions apply.
5. Who Taxes It?
These are the local entities included in the current CAD/tax estimate. A property tax bill can include a city, county, school district, municipal utility district, public improvement district, or other special district. Each entity may use its own taxable value, rate, and exemption treatment.
| Entity | Taxable Value | Rate (per $100) | Est. Tax (No Ex.) | Savings | Est. Tax (Current) |
|---|---|---|---|---|---|
|
County
ROCKWALL COUNTY |
$536,226 | 0.2510 | $1,346 | — | $1,346 |
|
City
CITY OF FATE |
$536,226 | 0.2909 | $1,560 | — | $1,560 |
|
School District
ROCKWALL ISD |
$536,226 | 1.0669 | $5,721 | — | $5,721 |
|
Public Improvement District (PID)
MONTERRA PID IMPROVEMENT AREA #1 CAD lists entity but shows no separate rate on this row. |
$536,226 | 0.0000 | $0 | — | $0 |
|
Public Improvement District (PID)
MONTERRA PID O&M CAD lists entity but shows no separate rate on this row. |
$536,226 | 0.0000 | $0 | — | $0 |
Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. The figures shown reflect the current CAD record. Specific exemption details are displayed when available from the source. A buyer's exemptions and future tax obligations may differ.
Special District Context
- Public Improvement District (PID): A special-purpose district created to fund specific public improvements.
6. Estimated Tax Bottom Line
Est. Taxes (No Exemptions) $8,627 − Est. Tax Reductions / Savings — = Est. Taxes (With Current Exemptions) $8,627
The current CAD record does not establish an exemption tax savings calculation. A buyer’s future tax bill may differ.
7. CAD Values Over Time
YOY Change reflects the change in CAD Market Value from the prior appraisal year. Taxed / Appraised reflects the CAD net appraised value after CAD reductions, or the certified capped appraisal value where jurisdictions differ. Individual taxing units may use different taxable values when exemptions apply.
| Year | Land | Impr. | Market | Taxed / Appraised | YOY Change |
|---|---|---|---|---|---|
| 2024 | $70,000 | — | $70,000 | $70,000 | — |
| 2025 | $70,000 | $288,357 | $358,357 | $358,357 | +$288,357 / +411.94% |
| 2026 | $60,200 | $476,026 | $536,226 | $536,226 | +$177,869 / +49.63% |
8. List Price vs CAD Value
The current list price and the county’s CAD market value are not the same thing. CAD market value is used for property-tax context and may lag the open market, reflect prior protests, exemptions, caps, agricultural or special-use treatment, or other appraisal district methods.
How does the list price compare with the CAD value?
CAD values are appraisal-district values used for property-tax purposes and can differ from current asking prices and eventual sale prices.
Current List Price $728,980 − Current CAD Market Value $536,226 = Over CAD Value +$192,754 (+35.9%)
A sale price can become part of the appraisal district’s future evidence. A buyer’s future taxable value and tax bill may change after purchase, especially if exemptions, caps, or special-use valuation change.
For tax planning, buyers should confirm future taxable value, exemptions, and special-use treatment with the appraisal district, tax office, lender, CPA, or other qualified advisor.
LIFE AROUND MONTERRA
A curated look at local favorites, everyday stops, and lifestyle context near this property.