It is a small North Central Texas town (population: 1,903 as of 2007), containing a total land area of approximately , and located roughly east of Bonham, north of Greenville, east of Sherman, and northeast of the Central Business District of Dallas. Honey Grove was developed on flat to gently rolling terrain with scattered trees. It is located in Fannin County the City is at an elevation ranging from approximate above sea level. U.S. Highway 82 and State Highway 56 traverse the City from east to west and State Roads 34, 100 and 824 enter the City in a north/south manner. Bonham is the closest major economic center. Its climate produces an annual average daily maximum temperature of 75.1 degrees, and an average annual rainfall is .
David Crockett discovered the area of Honey Grove when he camped there on his way to join the Texas Army at San Antonio in 1836. Crockett sent many letters back to Tennessee, telling of an area with an abundance of honey-filled trees, thus the town's name. In 1837, Samuel Erwin became the first settler of the place. B. S. Walcott contributed much to the town's development, by planning the city's landscape and later on selling building lots. In 1873 Honey Grove was officially established.
Samuel Erwin and Davy Crockett, old friends from Kentucky, were instrumental in the founding of Honey Grove. Samuel Augustus Erwin has a large gravestone marker in Honey Grove, TX, stating: "Virginia-born Samuel Erwin was married in 1819 in Tennessee to Sally Rodgers Crisp (1795–1860), in a ceremony performed by local magistrate David Crockett. First settler in the Honey Grove area, Erwin arrived here in 1837 and surveyed land grants for other pioneers. A surveyor by profession, he platted the townsite for his friend B.S. Wolcott in 1848. He was the town's first postmaster and one of Fannin County's earliest Justices of the Peace."
The Crockett Park Monument, in the same area, indicates that Honey Grove was named by Crockett, but he died before it could become a town. It states that one of his old friends, Sam Erwin, became the founder of the settlement. The monument reads in part that Crockett traveled by riverboat, horseback and on foot, entering Texas along the Red River, camping at a site half a mile northeast of the park, where he found wild bees and honey in hollow trees ... and called the campsite a "Honey Grove". It is said that he told friends he would settle here later, but in a few weeks he died in the cause of Texian liberty, at the Alamo.