The story of this market
The typical home in ZIP 75446 sells for about $399,000, or $205 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 105 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,450 a month.
ZIP 75446 — Honey Grove
The 75446 housing market is experiencing a transition driven by the Lake Ralph Hall infrastructure project, which is attracting interest despite a slower sales pace. While days on market have increased, the median price continues to show steady year-over-year growth. The market remains characterized by limited inventory and a focus on land-heavy residential properties.
This ZIP is best suited for families and retirees seeking rural living, as well as investors looking for long-term land appreciation near the new Lake Ralph Hall reservoir.
Median prices moved up 4.2% year over year.
Homes spend a median of 105 days on market with 9.8 months of supply — a slower-moving market.
13% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 13.5% — 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 11.5%/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 8.3%/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 75446, Fannin County TX
Crime rates in the Honey Grove area are generally low and consistent with rural Fannin County trends, remaining well below state and national averages.
Schools serving the 75446 ZIP code are primarily managed by Honey Grove ISD, which maintains a small-town educational environment with moderate performance ratings.
The area faces standard regional risks including severe thunderstorms and occasional wind damage, with specific flood risks localized near the Bois d'Arc Creek and Lake Ralph Hall project areas.
Economic momentum is driven by the construction of Lake Ralph Hall and associated infrastructure, alongside agricultural and small-scale residential 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).
Commutes are primarily car-dependent, with residents traveling via US-82 toward employment hubs in Bonham or the broader Sherman-Denison area.
Recreation is centered on outdoor activities, including proximity to the future Lake Ralph Hall, local parks in Honey Grove, and rural trail access.
The rental market is limited in depth, consisting primarily of single-family homes with low vacancy pressure and stable, modest rent growth.
The local economy is anchored by agriculture, local government, and the ongoing construction and infrastructure development related to the Lake Ralph Hall project.
Transportation is dominated by private vehicle use on US-82 and local county roads, with no public transit infrastructure available.
Development is heavily influenced by the Lake Ralph Hall project, with new residential subdivisions and land-use changes occurring in anticipation of the reservoir's completion.
The Fannin Central Appraisal District manages property assessments, focusing on agricultural exemptions and market-value adjustments for residential land.
Parcels are subject to Fannin County, Honey Grove ISD, and various water and utility district assessments.
Property insurance premiums are rising due to regional exposure to severe weather, including wind and hail risks common in North Texas.
Texas continues to see strong net domestic migration, with Fannin County benefiting from spillover growth from the DFW Metroplex.
Texas is a non-judicial foreclosure state, allowing for relatively rapid processing of defaults under the deed of trust.
Sellers are required to provide a standard Texas Real Estate Commission (TREC) Seller's Disclosure Notice detailing the condition of the property.
Data retrieved from US Census Bureau ZCTA-level tables.
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.
- Caddo National Grasslands4.57.4 mi
- Ladonia Fossil Park4.512 mi
- Caddo National Grasslands4.57.4 mi
- Ladonia Fossil Park4.512 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major new reservoir project currently under construction that will serve as a primary regional recreation hub.
Local community park providing green space and recreational facilities for residents.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.