The story of this market
The typical home in ZIP 75413 sells for about $208,104, or $172 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 112 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,150 a month.
ZIP 75413 — Bailey
The housing market in 75413 is characterized by low transaction volume and stable, modest price growth. Inventory remains tight, and the market is driven by local demand rather than speculative investment. Figures for specific metrics like months of supply and price-cut percentages are estimated based on regional trends as precise ZIP-level data is limited.
This ZIP is best suited for rural-lifestyle seekers, retirees, and local agricultural workers who prioritize affordability and space over proximity to urban employment centers.
Median prices moved up 2.4% year over year.
Homes spend a median of 112 days on market with 16.0 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 12.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 75413, Fannin County TX
Schools serving the area are primarily managed by the Bonham and Leonard school districts, reflecting a rural educational environment.
The area is subject to standard North Texas weather risks, including severe thunderstorms and occasional tornado activity; flood risk is localized to specific low-lying areas near creeks.
Economic momentum is primarily driven by agricultural interests and proximity to regional employment hubs in Fannin County, with limited large-scale industrial development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Commuting is primarily car-dependent, with residents traveling via State Highway 11 and US Highway 82 toward employment centers in Bonham or the broader Texoma region.
Recreation is centered on rural outdoor activities, with proximity to Lake Bonham and local community parks providing the primary amenity base.
The rental market is characterized by low inventory and limited multi-family supply, with demand driven by local workforce needs.
The local economy is anchored by agriculture, small-scale retail, and public sector employment within Fannin County.
Transportation is entirely reliant on private vehicle use, with no public transit infrastructure serving the area.
Development is primarily limited to low-density residential and agricultural land use, with no major commercial projects currently reported.
The Fannin Central Appraisal District manages property assessments, utilizing market-based valuation methods for residential and agricultural parcels.
Parcels are subject to Fannin County tax rates, local school district levies, and potential rural water district assessments.
Property insurance premiums are influenced by regional exposure to wind and hail, with market health remaining stable but sensitive to catastrophic loss events.
Data retrieved from US Census Bureau ACS 5-year estimates for ZCTA 75413.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- BarnHill Vineyards4.819 mi
- North Texas Safari Park4.812.1 mi
- Bonham State Park4.57.5 mi
- Majestic 6 Theatre4.29.4 mi
- Bonham Parks & Recreation Department4.310 mi
- Bonham State Park4.57.5 mi
- Powder Creek Park4.79.5 mi
- Bonham Parks & Recreation Department4.310 mi
- Legacy Ridge Country Club3.811.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A nearby reservoir offering fishing, boating, and camping facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.