- Fate TX
- Rockwall County
- 75087
- Local Area: MONTERRA PHASE 1A
- Rockwall ISD
- Covered Parking
- Covered Patio
Property Overview
Discover modern comfort and effortless living at 1631 Lazio Road, a beautifully designed 4-bedroom, 3-bath residence offering approximately 2,867 square feet in the desirable Monterra community of Fate, Texas. Built in 2023, this stunning home blends contemporary style, spacious living, and thoughtful functionality.
Step inside to discover an inviting floor plan filled with natural light, generous living spaces, and a seamless flow designed for both everyday comfort and entertaining. With four spacious bedrooms and three full bathrooms, the home offers exceptional flexibility for guests, a home office, or multigenerational living.
Enjoy the benefits of newer construction in a growing community, conveniently located near shopping, dining, entertainment, and major highways. Situated within Rockwall ISD and just a short drive from Lake Ray Hubbard and the popular shopping and dining destinations of Rockwall, this home offers the perfect balance of suburban tranquility and everyday convenience.
Whether you're entertaining guests or enjoying a quiet evening at home, this exceptional property delivers the space, comfort, and lifestyle today's buyers are looking for. Don't miss the opportunity to make this beautiful home yours!
HAVE QUESTIONS ABOUT THIS HOME?
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HAVE QUESTIONS ABOUT THIS HOME?
Text or email Steavy directly from this listing.
Property highlights
Year Built 2023
School District Rockwall ISD
HOA $340 Quarterly
Parking 2-car garage, 2 covered
Architecture Mid Century Modern, Detached
Outdoor Living Covered Patio
Full Property Details
Property Details
PROPERTY HIGHLIGHTS
Quick Details
- Price $535,000
- Status Active
- Bedrooms 4
- Bathrooms 3
- Square Feet 2,867 Sq Ft
- Year Built 2023
- Price / Sq Ft $187 / Sq Ft
- MLS # 21415993
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- Property Condition Resale
- County Rockwall
- Subdivision MONTERRA PHASE 1A
- Days on Market 0
Home Details
- Architectural Style Mid Century Modern, Detached
- Stories 2
- Levels Two
- Full Baths 3
- Half Baths 0
- Construction Brick
- Foundation Other
- Roof Composition, Shingle
- Heating Central
- Cooling Central Air
- Property Attached Yes
Kitchen & Interior
- Appliances Dishwasher, Gas Cooktop, Disposal, Gas Water Heater, Microwave
- Interior Features Chandelier, Decorative Designer Lighting Fixtures, Eat In Kitchen, Granite Counters, High Speed Internet, Walk In Closets
- Laundry Features Laundry In Utility Room
- Security Features Carbon Monoxide Detectors, Smoke Detectors
Lot & Exterior
- Pool No
Parking
- Parking Door Single, Garage
- Garage Spaces 2
- Covered Parking 2
- Attached Garage Yes
Taxes & HOA
- HOA Fee $340 Quarterly
- HOA Includes Maintenance Grounds
- Parcel Number 000000332153
- Tax Block R
- Tax Lot 9
Utilities
- Utilities Electricity Available, Natural Gas Available, Other, Sewer Available, Separate Meters, Underground Utilities, Water Available
- Water Public
- Sewer Public Sewer
Schools
- School District Rockwall ISD
- Elementary Celia Hays — Rockwall ISD
- Middle JW Williams — Rockwall ISD
- High Rockwall — Rockwall ISD
Listing Information
- Listing Agent Diem Hong Ho
- Brokerage Corey Simpson & Associates
- MLS Board NTREIS
- List Date 10/20/2026
- Source Updated 10/22/2026
- Last Updated 10/22/2026
- Virtual Tour View Virtual Tour (PropertyPanorama)
Property Tax & CAD Valuation for 1631 Lazio Road
Rockwall CAD (TrueProdigy) records for 1631 Lazio Road, Fate, TX 75087 show a CAD market value of $496,545 and a net appraised value of $496,545. 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 (TrueProdigy) property-tax and appraisal records for 1631 Lazio Road, Fate, TX 75087, including CAD market value, appraised value, exemptions, taxing entities, improvement records, and value history.
View Official Rockwall CAD (TrueProdigy) 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 $436,345 = CAD Market Value $496,545
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.
Building
Value: $436,345 Total Area: 3584 Sqft Living Area: 2867 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| MAIN AREA | MA | 1,965 Sqft |
| MAIN AREA | MA | 902 Sqft |
| ATTACHED GARAGE | AG | 501 Sqft |
| COVERED PORCH | CP | 156 Sqft |
| COVERED PORCH | CP | 60 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 $496,545 − All Current CAD Reductions $0 = Current Taxed Starting Point $496,545
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 |
$496,545 | 0.2620 | $1,301 | — | $1,301 |
|
City
CITY OF FATE |
$496,545 | 0.2909 | $1,444 | — | $1,444 |
|
School District
ROCKWALL ISD |
$496,545 | 1.0669 | $5,298 | — | $5,298 |
|
Public Improvement District (PID)
MONTERRA PID IMPROVEMENT AREA #1 CAD lists entity but shows no separate rate on this row. |
$496,545 | 0.0000 | $0 | — | $0 |
|
Public Improvement District (PID)
MONTERRA PID O&M CAD lists entity but shows no separate rate on this row. |
$496,545 | 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) $8,043 − Est. Tax Reductions / Savings — = Est. Taxes (With Current Exemptions) $8,043
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 | $462,347 | $532,347 | $532,347 | — |
| 2025 | $70,000 | $450,593 | $520,593 | $520,593 | -$11,754 / -2.21% |
| 2026 | $60,200 | $436,345 | $496,545 | $496,545 | -$24,048 / -4.62% |
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 $535,000 − Current CAD Market Value $496,545 = Over CAD Value +$38,455 (+7.7%)
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 PHASE 1A
A curated look at local favorites, everyday stops, and lifestyle context near this property.