Plano Real Estate

Plano property tax rates are around 2.1-2.3% of assessed value, which is typical for the DFW area. The exact rate depends on your location and which taxing entities serve your property (city, county, school district, etc.).

Most of Plano is served by Plano ISD, one of the highest-rated school districts in Texas with 'A' ratings and a 96% graduation rate. The district's unique senior high structure (grades 11-12 separate) provides collegiate-level facilities. Some areas in the southern part of the city are served by Richardson ISD, also an excellent district.

Absolutely! Plano is consistently ranked as one of the best places to raise a family in Texas. It offers excellent schools (Plano ISD with 96% graduation rate), low crime rates, massive parks like Oak Point (800 acres) and Arbor Hills (200 acres), and family-friendly community events throughout the year. The mature neighborhoods provide established trees and infrastructure.

Plano is about 20 miles north of downtown Dallas. By car, the commute takes 25-45 minutes depending on traffic via the Dallas North Tollway or US-75. Plano has a unique advantage: DART Red Line rail service from Parker Road Station provides a 48-minute train commute to downtown Dallas - making it the only northern suburb with direct rail access.

No - it's actually an opportunity. The 7.6% year-over-year price decline to a median of $497,312 is a healthy normalization, not distress. Older housing stock is adjusting to compete with new construction in neighboring cities. With homes now averaging 59 days on market (up from 47 days), buyers have regained negotiating leverage and time for proper inspections. Plano's fundamentals remain rock-solid: top schools, major employers, and mature infrastructure.

Plano is 'built out' - it's landlocked and fully mature, meaning you get established neighborhoods with 30-40 year old trees, completed infrastructure, and no construction zones. You're also buying into proven corporate stability (Toyota HQ, Liberty Mutual, JPMorgan) and the only DART rail access in the northern suburbs. Frisco offers newer construction but higher prices; McKinney has more land but longer commutes. Plano is the 'Predictable Stability' play.

Many prime Plano neighborhoods date to the 1980s and 1990s, so budget for potential cosmetic updates or renovations depending on the property. However, the bones are solid, lots are often larger, and trees are mature - advantages that new construction can't replicate. The current buyer's market (59 days on market) gives you leverage to negotiate repair credits or price adjustments.