Savoy Homes under $500,000

Welcome to Savoy, Texas—a hidden gem nestled in the heart of Fannin County! This quaint town offers a delightful blend of small-town charm and modern conveniences, making it an ideal place for families, retirees, and anyone looking to embrace a slower pace of life. With a population of just over 1,000 residents, Savoy is known for its friendly community spirit, where neighbors become friends and local businesses thrive.

One of the most appealing aspects of Savoy is its affordability. With a variety of homes available for under $500,000, this area presents an exceptional opportunity for homebuyers seeking value without sacrificing quality. Whether you’re looking for a cozy starter home, a spacious family residence, or a charming cottage, Savoy’s real estate market has something for everyone. Many properties feature beautiful yards, modern amenities, and the kind of warmth that makes a house truly feel like home.

The town is surrounded by picturesque landscapes, offering residents access to outdoor activities such as hiking, fishing, and exploring nearby parks. Plus, with easy access to larger cities like Sherman and Paris, you can enjoy the tranquility of small-town living while still being close to urban amenities, shopping, and dining options.

If you’re searching for a welcoming community with affordable housing options, look no further than Savoy, Texas. Discover the charm of this delightful town and make it your new home today!

Newest Savoy Homes under $500,000

$194,900

3 Beds ⋅ 2 Baths ⋅ 21354780 MLS

Buy this home and put your special, personal touch on it!! This home was custom built by the builder for his son. Three bedroom, two bath and two car garage, sitting on one-half acres.

502 W Wrenn St, Savoy

$225,000

3 Beds ⋅ 2 Baths ⋅ 21332068 MLS

Your Dream Home or Country Escape Awaits! Whether you are looking for a full-time residence or the perfect home away from home, this property is a nature lover's paradise. Perfectly positioned for outdoor recreation, you are surrounded by premier spots for hiking, boating, kayaking, and—most importantly—world-class fishing. Unbeatable Location: Under 10 Minutes: Red River, Lake Bonham Boat Ramp, and Bonham State Park. Just 20 Minutes: The beautiful new Bois d'Arc Lake Boat Ramp. This immaculate 3-bedroom, 2-bathroom 2024 manufactured home sits on a spacious, open one-acre lot. The interior is in pristine condition, featuring a bright and seamless open-concept kitchen, dining, and living area with ample space for gatherings and get-togethers after a long day on the water or with family and friends. Enjoy total peace of mind with a brand-new septic tank and newly installed electric lines already in place. Move right in and start living the country life!

460 County Road 1260, Savoy

$495,000

2 Beds ⋅ 2 Baths ⋅ 21331885 MLS

Owner will carry note to qualified Buyer. Approximately 3,000 square foot cooled and heated barndominium containing an estimated 1050 sq ft living area. Living space includes master bedroom with walk in closet, electric fireplace, ensuite bath with walk in shower and stacked washer and dryer. The open concept living and kitchen area feature wood slat ceilings and an island with seating and a live edge bar top. Walk out of the kitchen onto the large, covered patio area perfect for relaxing and sitting around a fire pit with family and friends. The second bedroom has a bathroom with a walk-in shower that also accesses the workshop. There is another large, covered area off of the back of the barndo for additional quiet or entertaining time and has a RV plug ready for out-of-town guests. The living quarters and the workshop are on separate electrical breakers with the home having the traditional HVAC and the workshop having the Mini-Split system. The workshop area has three garage doors with electric openers as well as a walk-through door. The nearly 2,000 sq ft in the workshop has lots of room for hobbies, parking, office area, as well as storage. Dirt work has also been completed for a house pad if you decide to build a larger home in the future. There is also a Conex on the property with electricity connected for additional storage. Concrete parking area in front of the 3-car workshop provides additional room for parking or entertaining. An additional 5 to 25 acres is also available as shown in aerial view. This property appeals to so many different lifestyles - man cave, car enthusiast, home business, retirement, as well as a small family just starting with so much room to grow!

1158 County Road 1240, Savoy

$414,999

4 Beds ⋅ 2 Baths ⋅ 21297777 MLS

Experience the perfect balance of country charm and modern luxury in this beautiful new construction home completed in 2025. Nestled on 2.5 scenic acres, this property offers the peace and privacy of country living while remaining conveniently close to city limits. Inside, you'll find a thoughtfully designed open-concept floor plan featuring stylish black hardware throughout, elegant finishes, and abundant natural light. The stunning kitchen is the heart of the home, showcasing quartz countertops, a designer tile backsplash, brand-new stainless steel appliances, custom cabinetry, and plenty of workspace for cooking and entertaining. Every detail has been carefully selected to create a modern yet welcoming atmosphere. Spacious living areas, quality craftsmanship, and premium finishes make this home both beautiful and functional. Step outside and enjoy the endless possibilities that come with 2.5 acres room for a shop, pool, animals, or simply enjoying the wide-open Texas skies. Located just minutes from city conveniences, this property truly offers the best of both worlds. Don't miss the opportunity to own this exceptional new home where luxury meets country living.

1948 County Road 1255, Savoy

$250,000

7 Beds ⋅ 3 Baths ⋅ 21279835 MLS

Massive opportunity on almost 1.5 acres with endless potential. This impressive unfinished home offers over 4,000 square feet and is already well underway with major construction components completed. The property features spray foam insulation, rough electrical, installed HVAC ductwork, completed plumbing, and installed windows. The hard work has already begun, allowing the next owner to bring their vision to life and finish the home to their own style and preferences. With its spacious layout, beautiful setting, and substantial progress already completed, this property is perfect for an investor, builder, or buyer looking to create a custom dream home. Rare chance to own a large home on acreage and complete it exactly the way you want! Home is currently under construction and not completed. Please use caution during all showings. Some areas may be unfinished or hazardous. Seller and listing broker are not responsible for accidents or injuries while touring the property.

2463 County Rd, Savoy

$444,900

3 Beds ⋅ 2 Baths ⋅ 21247588 MLS

Country Charm Awaits Looking for peaceful country living? This is it! Bring your horses, cattle, or FFA projects — this serene property offers everything you need for a quiet life surrounded by nature. It features a Forestal horse barn with a tack room, cross fencing, and lush pasture areas divided for multiple uses — keep goats in the front, horses in the back, or enjoy plenty of space for all your animals. There are even RV hookups for extra convenience! A threebedroom, two-bath mobile home currently sits on the property. It’s move-in ready with an open-concept kitchen and split-bedroom floor plan. While a fresh coat of paint could add a touch of your own style, the home is full of warmth and love. Whether you keep it or replace it with your dream home, the possibilities here are endless. Enjoy shady trees perfect for gatherings, cookouts, and relaxing evenings outdoors. Escape the city, breathe the fresh country air, and enjoy your very own slice of heaven — just minutes from two lakes, local casinos, and all the small-town charm you’ve been searching for.

806 N Fm 1752, Savoy

$250,000

3 Beds ⋅ 2 Baths ⋅ 21237596 MLS

This beautifully renovated 1930 home blends classic charm with today’s modern finishes. Taken down to the studs, everything is NEW—HVAC, plumbing, electrical, roof, appliances, and more! Enjoy 3 spacious bedrooms, 2 full bathrooms, and a bright open floor plan with luxury vinyl plank flooring throughout. The kitchen boasts granite countertops, custom cabinets, and stainless steel appliances. The large back porch offers a perfect space for relaxing or entertaining. This move-in ready home offers the character of an original build with the peace of mind of a full modern upgrade. Don’t miss your chance to own this turnkey gem!

103 N Mill St, Savoy

$249,900

4 Beds ⋅ 2 Baths ⋅ 21226591 MLS

One owner home with great curb appeal!! This four bedroom, two bath home, also features a large family room with fireplace, for the family gathering! The shop building has concrete flooring, water and electricity. It will house an RV and leave space for a working area. Property also features a covered porch, covered patio, and landscaped yard!! All situated on a large corner lot, approximately 0.58 acres and is fenced and cross-fenced.

619 W Hayes St, Savoy

$295,000

2 Beds ⋅ 2 Baths ⋅ 21229588 MLS

The peace, quiet and tranquility you've been looking for is right here on your own slice of Texas heaven! 2 bed, 2 bath with open living, kitchen and dining along with a big wide front porch (35 x 8 with rail all around) for those relaxing evenings enjoying nature. Heavily treed, so your privacy from the road is secured, yet when you drive in, it opens up into an open area and yard that would be perfect for a garden or chickens or whatever you decide to do with it. Metal siding and metal roof means practically no maintenance and recently leveled with a transferable warranty. Whether a weekend get-away or forever home, this place will not last long. Get out of the rat race, away from the crowds and get out to your own sanctuary in the country where you can relax and enjoy life. Foam insulation and pex plumbing. Nice, tiled, walk in shower in primary bath and huge, built in cabinet, drawers and shelves in secondary bedroom. This property is ready for you! Get with your favorite Realtor and schedule your showing today.

2110 County Road 1220, Savoy

$135,000

3 Beds ⋅ 1 Baths ⋅ 21194017 MLS

Welcome home to this inviting 3 bedroom, 1 bath residence nestled in the heart of a quiet small town. This older home blends character and comfort. The living room is enhanced with a mini-split unit for efficient cooling. Additional window units throughout the home offer flexibility and convenience. Each bedroom offers comfortable space with natural light. This home is move in ready while still leaving room for your personal style. Enjoy being in a slower pace of small town living with easy access to Bonham or Sherman. Perfect for 1st time buyers, downsizers or investors looking for a solid property with charm and potential.

308 N Bois D Arc St, Savoy

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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