Woodcreek SFR in Fate, TX

Canopy Homes at Woodcreek, filed as Woodcreek SFR, is a new construction single-family rental community located at 550 N W E Crawford Avenue in Fate, Texas. The project sits in Rockwall County and comprises 105 units totaling 115,000 square feet. Designed by M-Gray Architecture, the development features 1-, 2-, and 3-bedroom detached homes, each with private entry and fenced yards. The site also includes an amenity center, maintenance building, pool, dog park, and a 10-acre city park with trail access to downtown Fate.

PMBS Woodcreek LP is the owner and developer of record for this privately funded project. The estimated construction cost is $24,500,000, which results in a cost per square foot of $213. This figure is above the county median of $140 per square foot for new construction in Rockwall County. The project was registered with the Texas Department of Licensing and Regulation (TDLR) in November 2023, following a construction start date listed as August 2023.

The scheduled build window for this community is 770 days, which is longer than the county median of 242 days. The filing lists a completion date of September 2025. According to the TDLR record, the building passed its final TDLR accessibility inspection in September 2025. This confirmation means the construction is complete and the project status is now Inspection Complete.

The site is located inside a FEMA Special Flood Hazard Area (zone A). While the construction is finished, the TDLR filing does not indicate whether the rental units are leased or if the businesses on the property are operating. Nearby properties include Animal Hospital of Fate, Family Dollar, and Triple R Roofing L.L.C. Other recent new construction filings in the area include the New Shell Office Facility for Fellows Real Estate, LLC and Fate Professional Offices.