




$277,000
NAL Estimated Property Value8080 W State Highway 56, Savoy, TX, 75479
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About this property
This one owner home, situated on 2.99 acres has many opportunities!! The immaculately maintained home is conveniently located between Bonham and Sherman!! It features 3 bedrooms and 2 full baths. There is plenty of room from the back of the house to the property line, to grow a garden, or you can fence-in the back and have an agricultural project for the children, a pet area or just have a large play area for them. The home sits far enough off the highway, that you are not bothered by the traffic. Front and Back porches are built with composite decking. The Shop behind the house has electricity with it's own breaker box. An added feature to this home is a Generac Generator, for when electricity might go off during a storm.
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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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