Real Estate Investing in Honey Grove, Texas (75446)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 75446 (Honey Grove, TX)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 18.3% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Honey Grove, TX (75446)?
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Market Analysis: 75446 Honey Grove
ZIP 75446 in Honey Grove, TX carries a robust set of headwinds. Home values near $258K and rents of $873/mo sit inside a market where underwriting has to be tight.
On the rental side, the numbers look inviting — $258K purchase price, 0.0% nominal cap — the work to hit that pro forma in 75446 is substantial and deserves full respect.
The gap between 75446 and stronger Honey Grove ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Looking more closely, 3,653 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategically, 75446 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Honey Grove:
Market Trends
Home Value History (with trend line)
📊 How Does 75446 Compare?
| Metric | 75446 | Honey Grove | Bonham, TX | Texas |
|---|---|---|---|---|
| Home Value | $257,722 | $257,722 | N/A | $297,000 |
| 5-Year CAGR | 3.7% | 3.7% | N/A | 5.4% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 2.6% | 2.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 75446 (Honey Grove, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $257,722 |
| Monthly Rent | $873 |
| Price-to-Rent | 24.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.6% |
| 5-Year IRR | 6.4% |
📈 Home Appreciation
| 1-Year | +2.3% ▲ |
| 3-Year CAGR | +1.7% ▲ |
| 5-Year CAGR | +3.7% ▲ |
| 10-Year CAGR | +7.3% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 75446
Population: 3,653
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 75446
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
Are rents high in Honey Grove, TX?
Honey Grove, TX rentals go for roughly $873/mo a month. That puts gross yield in solid territory relative to $258K acquisition costs.
How should investors approach Honey Grove, TX?
In Honey Grove, TX the sturdy play is typically careful cash-flow rentals with hands-on management. The combination of $258K prices and $873/mo rents suits that approach.
How strong is Honey Grove, TX for real estate investors?
Honey Grove, TX scores 3.0/5 for investability. Home values sit at $258K and rents near $873/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Does a duplex house hack pencil in Honey Grove, TX?
The a challenging house-hack environment in Honey Grove, TX reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Is rental property easy to operate in Honey Grove, TX?
The landlord environment in Honey Grove, TX is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
You know 75446 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 75446 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 75446 ranks in Bonham, TX
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