Epic Savings! Take advantage of a Year 1 Rate of 2.99%, Year 2 Rate of 3.99%, and Years 3-30 Rate of 4.99% (5.786% APR)* or flex cash equivalent on every home sold and closed by June 30, 2025. Monterra offers a variety of single-family new homes for sale in Fate, TX. Situated on spacious 60' homesites, each new construction home is showcased with K. Hovnanian's Looks, a unique collection of stylish interiors curated by professionals. Residents enjoy endless on-site amenities making this the ideal stay-cation destination. Nestled in the heart of Fate, TX, Monterra is the perfect haven for families seeking a peaceful retreat without compromising on convenience. Situated on oversized homesites, each single-family home is thoughtfully designed