Houses by Neda Team · North Dallas Buyer Hub
Buying a Home in Plano, TX: Costs, Schools and Neighborhoods
Quick take. Plano is the established choice: mature trees, no residential MUDs, DART rail, and a big job base at Legacy and along US 75. You can get into Plano for less than Frisco or Prosper, especially on the east side. The surprise buyers miss is that many homes are 30 to 40 years old, so roof, HVAC, and foundation age matter as much as price.
I’m Neda with Houses by Neda Team. I’ve lived in Collin County for 13 years, and I came to real estate from accounting, so I show buyers the full monthly cost before they fall in love with a house.
What homes cost in Plano
The typical Plano home value was about $498,000 in September 2026, down about 3% from a year earlier (Zillow). The median single-family sale price was $510,000 in August 2026 (HAR). Price swings a lot by ZIP code.
| ZIP code | Single-family median (June 2026) |
|---|---|
| 75074 (east Plano) | about $385,000 |
| 75075 (central) | about $487,000 |
| 75023 (central north) | about $520,000 |
| 75025 (northeast) | about $608,000 |
| 75024 (Legacy area) | about $656,000 |
| 75093 (west, Willow Bend) | about $910,000 |
Source: Haistings Plano market intel, June 2026.
What a $500,000 Plano home really costs each month
Here’s a typical first-time buyer setup: $500,000 home in Plano ISD, 5% down ($25,000), 30-year fixed at 6.25%.
| Cost | Monthly |
|---|---|
| Principal and interest | $2,925 |
| Property taxes, with homestead exemption | $543 |
| Homeowners insurance (estimate) | $250 |
| PMI (estimate, until you reach 20% equity) | $198 |
| HOA (many Plano homes have low or no HOA) | $40 |
| Total | $3,956 |
Before your homestead exemption kicks in, taxes run about $710 a month, which brings the total to about $4,123. File your homestead exemption as soon as you move in.
Want this for a specific house? Get your real monthly number.
Plano property taxes, broken down
Plano’s combined rate is about 1.70% before exemptions for most homes in Plano ISD.
| Taxing entity | Rate per $100 (2026) |
|---|---|
| Plano ISD | $1.03275 |
| City of Plano | $0.4376 |
| Collin County | $0.151414 |
| Collin College | $0.08122 |
Plano ISD lowered its rate slightly for 2026-27 and the city held its rate flat. Exemptions are generous: the school district exempts the first $140,000 of a homestead’s value, the city takes off 20%, Collin County takes off 5%, and Collin College takes off 20%. Over-65 and disabled homeowners get more.
MUDs and PIDs. Plano is fully built out and has no residential MUDs. Downtown Plano has a small public improvement district on select properties. Learn how MUDs and PIDs work.
Schools
Most of Plano is served by Plano ISD. Parts of far west and north Plano are zoned to Frisco ISD or Lewisville ISD, which have different tax rates. Plano ISD closed four campuses after the 2024-25 school year because of falling enrollment, so double-check the assigned schools for any home. Look up any address at ntxschoolguide.com.
Neighborhoods by budget
- Under $450K: East Plano (75074) and central Plano (75075), plus condos and townhomes near Downtown Plano and Legacy.
- $450K to $900K: Deerfield, Hunters Glen, and the Legacy area (75024).
- $1M and up: Willow Bend, Normandy Estates, and parts of west Plano (75093)
Commute and getting around
Plano sits on US 75, the Dallas North Tollway, the President George Bush Turnpike, and SH 121. It’s the only city on this list with DART rail: the Red and Orange lines stop at Parker Road, Downtown Plano, and 12th Street, and the Silver Line, open since October 2025, runs from 12th Street and Shiloh Road to DFW Airport. Legacy West is 10 to 20 minutes from most of the city, downtown Dallas is roughly 25 to 40 minutes, and DFW Airport is 30 to 45 minutes.
Plano buyer FAQ
Is Plano cheaper than Frisco? Usually, yes. Plano’s typical home value is about $500,000 versus about $640,000 in Frisco, and Plano’s tax rate is similar.
What’s the property tax rate in Plano? About 1.70% before exemptions for most homes in Plano ISD.
Does Plano have MUD taxes? No residential MUDs. Plano is fully developed.
Can I take the train from Plano? Yes. DART’s Red and Orange lines run to Dallas, and the Silver Line runs to DFW Airport.
How much do I need to buy a home in Plano? On a $500,000 home with 5% down, plan on about $25,000 down plus closing costs, and roughly $3,950 a month all-in.
Your next step
I’ll run the real monthly cost on any Plano home you’re looking at, taxes, HOA, PMI, and all. Book a 20-minute true cost call or try the calculator.
Disclaimer
Prices, tax rates, and monthly costs on this page are estimates for planning only, not a loan quote or tax advice. Information is deemed reliable but not guaranteed.
Before you buy, you must verify the property taxes directly with the county. Check the tax rates, exemptions, and any MUD, PID, or special district with the Collin Central Appraisal District or the Denton Central Appraisal District, and review the tax certificate from your title company.
Houses by Neda Team | Real Broker LLC | (469) 960-5580 | Equal Housing Opportunity