Monterra

Single Family Homes from the mid $500s • Fate, Texas

Monterra: Stylish Single-Family New Construction Homes for Sale in Fate, TX

Epic Savings! Take advantage of a Year 1 Rate of 2.99%, Year 2 Rate of 3.99%, and Year 3 Rate of 4.99% (5.786% APR)* or flex cash equivalent on every home sold and closed by May 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 to accommodate your every need, providing a spacious and comfortable living environment.

Monterra offers a variety of on-site amenities designed to complement your lifestyle. Whether you’re relaxing by the shimmering community pool or spending quality time with loved ones, there’s something for everyone to enjoy.

When you choose Monterra, you're not just buying a home; you're investing in a lifestyle. Immerse yourself in this vibrant community where neighbors become friends and memories are made.

Offered By: K. Hovnanian DFW Monterra, LLC

Sales Office: Closed, opens Fri 10:00 AM

Call 888-281-0918

SpringCampaign 2025 PromoImage

Promotion

On every home sold and closed by May 30, 2025

A Special Low 30-Year Fixed Rate, PLUS a Temporary Buydown in the First Two Years* (or flex cash equivalent)

Year 12.99%
Year 23.99%
Years 3-304.99% (5.786% APR)

Why you’ll love living here:

Monterra offers a peaceful haven with on-site amenities to suit your lifestyle. There’s something for everyone at this community.

  • Outdoor Pool

  • Hiking and Biking Trails

  • Pickleball

  • Playground

  • Interiors

Mykonos NA

Home of the Week

Mykonos1336 Cartona Road, Fate, TX, 75087 | Homesite 15

This two-story home features 4 bedrooms, 3.5 baths, a private primary suite, an upstairs loft, and a shady covered patio. With an Extra Suite, formal dining room, and home office located just off the foyer, this home is well-equipped for the perfect work-life balance.

Now

$555,000

$618,159

Available

Now

In Your Neighborhood

Our community boasts a vibrant pool, playground, basketball court, and pickleball area, perfect for family fun. The pool offers refreshing relaxation on hot days, while the playground, equipped with swings and slides, keeps children entertained.

 
Stirling Kitchen Loft Palette 1 Level 1 Coastal Loft
Stirling Kitchen Loft Palette 1 Level 1 Coastal Loft

Palette 1

Loft

Farmhouse

Classic

Elements

Compare the details of what’s included in each Look.

Design your new home from one of our floorplans, or move in sooner with a Quick Move-In.

Ready to move in sooner?

1 Quick Move-in Home Available

  • See What's Included
    Mykonos NA

    Mykonos NA

    Mykonos

    • 3,591 Sq ft
    • 2 Stories
    • 4 Beds
    • 3.5 Baths
    • 3 Cars

    1336 Cartona Road, Fate, TX, 75087 | Homesite 15

    Available

    Promo Rate*
    Year 1: 2.99%
    Year 2: 3.99%
    Year 3-30: 4.99% (5.745% APR)

    Estimated payment

    $3,753/mo.

    Current total price

    $555,000

    $618,159

Explore the area

Site plan

Devoted to building communities of excellence

K. Hovnanian® Homes is heir to a history of solid success, financial strength, award-winning standards of homebuilding quality and an authentic commitment to customer satisfaction

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K. Hovnanian® Homes

has 4.3 out of 5 stars in all areas

4180 reviews in all areas

Ratings Category

5

2600

4

638

3

436

2

239

1

267

Star Rating Breakdown

Overall

4.2

Quality

4.1

Trustworthiness

4.2

Value

4.2

Responsiveness

4.2

Legal Disclaimers

Prices, availability, and specifications may change without notice. Lot and view premiums may apply, and availability is not guaranteed. This site makes use of licensed stock photography, artist renderings and may use artificial intelligence. Some photography and artist renderings may be used for illustrative purposes and contain structural options, furnishings or designer features that are not included as standard. Certain materials may be discontinued or substituted. Room dimensions may vary.  Please see a community Sales Consultant to learn how you can personalize your new home with optional features and upgrades. Amenity offerings may vary by community. Financial incentives including but not limited to rate buy downs, builder forward commitments (BFCs), special fixed interest rates and flex cash offerings are limited and may be discontinued without prior notice.  Please speak with a community Sales Consultant for details.

*See khov.com for full details. For new contracts written between 2/28/25 and 4/30/25 and closed by 5/30/25.  Seller will pay buydown for the first two years of the loan, which will temporarily reduce the monthly payment thereby lowering the effective interest rate  for the first two years of an owner-occupied, 3.5% down payment FHA loan. Example: 4.99% (5.786% APR) 30 Year Fixed FHA mortgage, sales price of $457,000, and loan amount of $448,717.  Year 1: 2.99% (5.786% APR), Year 2: 3.99% (5.786% APR) Years 3 – 30: 4.99% (5.786% APR). Mortgage Insurance Premium (MIP) is required at an upfront rate of 1.75% and is financed, in addition to monthly MIP at the required annual rate. Flood insurance may be required. Sales price used for comparative purposes is an estimated sales price and not associated with a specific home or location. Example is for illustrative purposes only; interest rates are subject to market conditions. For information about market rate trends, visit https://www2.optimalblue.com/obmmi/. Optimal Blue, LLC is and shall remain the exclusive owner, all rights reserved.  This offer may change or be cancelled without prior notice. Seller is not acting on behalf of or at the direction of HUD/FHA or the Federal government. Seller is not a lender. Buyer is not required to finance through K. Hovnanian American Mortgage, L.L.C. (“KHAM”) to purchase a home; however, financing through KHAM is required to receive the buydown incentive. Offer subject to all RESPA guidelines. This is not a commitment to lend. Buyer is subject to credit and underwriting qualifications, and investor program guidelines. Not available on all homes or in all communities or states. Cannot be combined with any other discounts, promotions, or incentives. Not all borrowers will qualify. Restrictions apply. K. Hovnanian's Four Seasons communities are intended to provide housing primarily for residents 55 years of age or older. Additional restrictions, including limitations on the ages of additional permanent and temporary residents of a home, may apply. All K. Hovnanian's Four Seasons communities shall be operated as age-restricted communities in compliance with all applicable local, state and federal laws. Limited exceptions for residents 50 years of age or older may apply.  Subject to final contract terms, see Sales Consultant for details.  K. Hovnanian American Mortgage, L.L.C. 3601 Quantum Boulevard, Boynton Beach, FL 33426. NMLS #3259 (www.nmlsconsumeraccess.org). Licensed by Arizona Department of Insurance and Financial Institutions. Lic. #906585. ©2025 K. Hovnanian Arizona New GC, LLC; ROC 188563. ©2025 K. Hovnanian Arizona New GC, LLC; ROC 277023. Licensed by California Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act. Lic. #4130532. Licensed by Delaware Office of the State Bank Commissioner to engage in business in this State. Lic. #7864 Expiration 12/31/2025. Licensed by Florida Office of Financial Regulation. Licensed by the Georgia Department of Banking and Finance #22272. Licensed by the Maryland Office of the Commissioner of Financial Regulation. Licensed by New Jersey Department of Banking and Insurance. Licensed by Ohio Division of Finan­cial Institutions. Lic. RM.850228.000. Licensed by the Pennsylvania Department of Banking and Securities. Licensed by South Carolina Board of Financial Institutions. Mortgage Banker Registration issued by Texas Department of Savings and Mortgage Lending. Licensed by Virginia State Corporation Commission, Bureau of Financial Institutions Lic.#MC-2661. Licensed by the District of Columbia Department of Insurance, Securities and Banking. Licensed by the West Virginia Division of Financial Institutions. For licensing information, go to www.nmls­consumeraccess.org. Equal Housing Opportunity.