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Savoy is a city in Fannin County, Texas, United States. The population was 831 at the 2010 census.
Savoy is located in western Fannin County at 33°36′5″N 96°21′50″W / 33.60139°N 96.36389°W / 33.60139; -96.36389 (33.601262, -96.363793). Its western border is the Grayson County line. Texas State Highway 56 passes through the city, leading east 11 miles (18 km) to Bonham, the Fannin County seat, and west 2.5 miles (4.0 km) to Bells. U.S. Route 82 passes 1 mile (1.6 km) north of Savoy, leading east to Bonham and west 16 miles (26 km) to Sherman.