Plano, TX Multifamily Home for Sale

Legacy West stands as Plano's premier upscale shopping and dining destination, featuring high-end retailers and restaurants like Haywire, which serves Texas comfort food, and Mexican Sugar's Latin American cuisine. The 200-acre Arbor Hills Nature Preserve provides extensive hiking and biking trails, while Oak Point Park and Nature Preserve, the city's largest park, includes a lake for kayaking and the Go Ape Zip Line Adventure Park.

The Plano housing market features diverse options across distinct neighborhoods. The median sale price for homes in Plano is $499,900. Single family homes in Legacy command a median price of $1,300,000, while Willow Bend homes have a median price of $1,195,000. More moderate options exist in Los Rios, where the median single family home price is $441,000. Condos present a more affordable entry point, with median prices of $222,500 for one bedroom units and $250,000 for two bedrooms.

Plano's cost of living runs 10% above the national average. A family with school-age children needs approximately $115,000 annually to live comfortably, while renters should aim for $63,000. The property tax rate in Collin County is 1.66%, matching neighboring Frisco and Allen. Texas has no state income tax, though residents pay a combined 8.20% sales tax.

The city's educational system includes several highly rated schools. Lebanon Trail High School and Plano West Senior High School both earned A+ ratings from Niche. Major employers include Toyota North America, FedEx Office, and Frito-Lay. DART light rail connects Plano to downtown Dallas, with DFW International Airport accessible within 30 to 45 minutes by car.