The story of this market
The typical home in ZIP 75476 sells for about $465,000, or $215 per square foot.
Prices are up +45.3% from a year ago, so sellers still have some momentum. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $1,450 a month.
ZIP 75476 — Ravenna
The 75476 housing market is experiencing significant price appreciation, driven by low inventory and regional growth. While sales volume remains low, the market is characterized by high demand for limited available stock. Figures for specific metrics like price cuts and days on market are based on current Redfin and local market data.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with lower density, while remaining within driving distance of the amenities and employment hubs of Bonham and Sherman.
Median prices moved up 45.3% year over year.
Homes spend a median of 58 days on market with 4.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 9.8% — 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 12.0%/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 10.7%/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 75476, Fannin County TX
Schools serving Ravenna are primarily part of the Bonham ISD, which maintains standard state accountability ratings.
The area is subject to standard North Texas risks, including severe thunderstorms and occasional tornado activity; flood risk is localized to specific low-lying areas near creeks.
Growth is driven by the expansion of the North Texas exurbs and proximity to the Bonham and Sherman employment corridors.
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 toward Bonham or Sherman for employment via state highways.
Recreation is centered on rural outdoor activities, with proximity to Lake Bonham for fishing and boating, and local community parks.
The rental market is limited, consisting primarily of single-family homes with low turnover and minimal institutional investor presence.
The local economy is largely agricultural and service-based, with significant employment reliance on the nearby city of Bonham and the broader Texoma region.
Development is primarily focused on low-density residential expansion and infrastructure improvements related to regional water projects.
Fannin Central Appraisal District manages property assessments for the county.
Parcels are subject to Fannin County and Bonham ISD tax jurisdictions.
Insurance premiums are rising due to regional exposure to severe weather events, including hail and wind damage.
Data retrieved from data.census.gov ZCTA 75476 profile.
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.
- HeyDay Entertainment Denison4.519.1 mi
- Urban Air Trampoline and Adventure Park4.219.2 mi
- Skatelands of America4.517.2 mi
- The District4.519.1 mi
- The Horse's Axe - Denison4.916.3 mi
- The Grand Theater - Choctaw Casino & Resort4.719.3 mi
- Munson Stadium4.516.4 mi
- Grayson County Speedway4.714.5 mi
- Choctaw Event Center4.519.5 mi
- The Hills of Luella4.919.6 mi
- North Texas Safari Park4.87.4 mi
- Bonham State Park4.512.9 mi
- Majestic 6 Theatre4.210 mi
- Bonham Parks & Recreation Department4.39.6 mi
- Eisenhower Birthplace State Historic Site4.616.1 mi
- Historic Carpenters Bluff Bridge4.79.4 mi
- Frontier Village & Museum4.818.9 mi
- Harber Wildlife Museum, shawnee trail4.618.7 mi
- Bonham State Park4.512.9 mi
- Powder Creek Park4.710.2 mi
- Bonham Parks & Recreation Department4.39.6 mi
- Legacy Ridge Country Club3.89.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides fishing, boating, and camping facilities nearby.
Offers hiking, swimming, and picnicking within a short drive.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).