
$178,000
NAL Estimated Property Value309 S Water Street, Savoy, TX, 75479
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About this property
Welcome to small town living in the community of Savoy Texas, located less than 15 minutes from Sherman and Bonham and only 45 minutes to McKinney. Situated on a large corner lot you'll find this well maintained 3-bedroom 1-bath home that will be a perfect first home for those just starting out, or for those looking to downsize into a more rural setting with all the conveniences of living in town, and yet close to shopping and entertainment not far away. Inside the home are 3 good sized bedrooms with an open concept living and dining area that is open to the kitchen as well. Outside, there is ample yard space, large trees which are great for that summertime shade, especially in the back yard that also supports an oversized elevated outdoor deck that will be great for entertaining guests or family for outdoor events. As a bonus, there is a new Storm Cellar and two outdoor storage sheds as well. The gravel driveway is off to the side of the home and will support parking for several vehicles. This one won't last long. Make your appointment and come take a look today.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Savoy
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