Performance indicators for the Honey Grove short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Honey Grove.
Loading top listings...
Generally Investor friendly
STRs are permitted under county rules with standard building permits and hotel occupancy tax registration, lacking caps or high fees, yet the absence of an explicit city‑specific ordinance adds compliance uncertainty and requires verification with the city, making the environment friendly but not fully streamlined.
Local STR Agent
STR specialist · Honey Grove, TX
Honey Grove is a small, historic city in Fannin County in northeast Texas, with a population of roughly 1,600 residents. Tucked into the rolling blackland prairie of the region, the town carries a quiet, rural character and is often referred to as the "Mother of Fannin County" for its role as one of the earliest Anglo settlements in the area. It is best known for its collection of late-19th-century Victorian architecture and its well-preserved historic downtown. Honey Grove sits approximately 90 miles northeast of Dallas, making it a convenient escape from the bustle of the Metroplex while still being close enough for a weekend drive.
A short trip south brings visitors to Bonham, the seat of Fannin County and one of the larger nearby towns. Bonham offers a quaint downtown square, the Fannin County Historical Museum, and the Sam Rayburn House State Historic Site, a modest Victorian residence where the longtime Speaker of the U.S. House once lived. The house museum is roughly 20 to 25 minutes south of Honey Grove and offers a thoughtful stop for travelers interested in 20th-century Texas political history.
Outdoor visitors will find Lake Bonham, a 1,010-acre reservoir located just a few miles southeast of Honey Grove. The lake is well known locally for fishing, kayaking, and easygoing shoreline picnics, and it typically draws only light crowds even in warmer months. Its proximity makes it a natural fit for short-term-rental guests looking for relaxed water access without traveling to the larger, busier lakes in the region.
A bit farther afield, the Caddo National Grassland spreads across parts of Fannin and surrounding counties, offering miles of quiet trails, native prairie, and pockets of mixed forest. The grassland is roughly a 20- to 30-minute drive from Honey Grove and is a popular spot for hiking, wildlife viewing, and wildflower photography in the spring. The combination of open skies and lightly used paths makes it a quiet counterpoint to more heavily trafficked state parks.
Honey Grove makes a compelling base for a short-term rental because it blends genuine small-town Texas character with surprisingly varied surroundings. Guests can spend mornings wandering the historic streets, afternoons on the water at Lake Bonham, and evenings returning to a peaceful residential setting that feels far removed from urban life, all while remaining within easy reach of the Dallas–Fort Worth area for occasional day trips.