
$388,293
NAL Estimated Property Value163 Colonial Trace, Fate, TX, 75189
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About this property
Wait, what??? This 5 bedrooms, 2 baths home has a POOL and an additional half bath outside, numerous upgrades, sits on a premium lot overlooking two ponds, a stone's throw away from I-30 in ROCKWALL ISD. Speaking of upgrades, on the outside, this home has front and back custom stone work, a custom-built shed, and marine-grade landscape lighting. On the inside, Lutron wireless, dimmable switches, upgraded lighting and fans, custom closets, wood cabinets in the kitchen, panel wall in dining room, and mud-room-worthy panel wall with hooks. Both bathrooms have heaters, and the tile in kitchen and master shower are upgraded. The only carpeted spaces in the home are the bedrooms. Now, if you ever wanted a true butler's pantry, try a designer one for that - storage, butcher block countertop, beautiful wallpaper, and custom lighting (see Matterport tour!). Under 10 minutes drive to Rockwall, and the elementary school is in the neighborhood! Come see it and make it your own!
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Fate
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