Discover Your New Home Near Plano, Texas

Plano is located in Collin County, North Texas, and is part of the Dallas–Fort Worth Metroplex. It sits about 20 miles north of downtown Dallas and roughly 35 miles southeast of Denton. Plano borders Allen and McKinney to the north, Richardson to the south, Frisco to the west, and Murphy and Parker to the east. Major highways, including the Dallas North Tollway and US-75 Central Expressway, provide direct access to employment centers across the DFW area.

Plano is known for its strong corporate presence, highly-rated public schools and the quality of life it offers residents. The city is home to the North American headquarters of Toyota Motor North America and major employers such as NTT Data, Bank of America, Frito-Lay, and Walmart Tech Center. The Legacy West and Legacy Business Park areas are major corporate and lifestyle hubs. Plano is also recognized for its diverse population and its consistent ranking among the best places to live in the United States.

Plano is primarily located in Collin County, Texas, with a small portion of the city extending into Denton County. It is the largest city in Collin County, one of the fastest-growing counties in the nation. Nearby Collin County cities include McKinney, Allen, Frisco, Wylie and Princeton. 

Plano has a population of approximately 290,000 to 300,000 residents, making it one of the largest cities in Texas and the largest city in Collin County. The Dallas–Fort Worth–Arlington metro area is among the fastest-growing regions in the United States, with continued population growth spurred by job opportunities and corporate relocation.

Plano is routinely ranked among the top cities in the United States for livability and family friendliness. Niche and WalletHub rank Plano highly for public schools, safety and quality of life. Plano is often listed among the best places to raise a family and one of the happiest cities in Texas. Because rankings change annually, it is best to reference current reports from Niche, WalletHub and similar sources for the latest positions. 

The Plano area is part of the Dallas-Fort Worth Metroplex, home to over 8.3 million residents and a thriving economy, with some of the largest employment centers in Texas. The region supports over 3 million jobs with a diverse economy. Major industries include professional and business services, technology, healthcare, finance and logistics. Unemployment in the area is typically below or near the national average, displaying strong job demand and continued economic growth.

Major employers in Plano include Toyota Motor North America, Frito-Lay, Verizon, Capital One Financial, UBS, Liberty Mutual and Ericsson. The greater Dallas–Fort Worth Metroplex is home to more than 24 Fortune 500 companies, making it one of the top corporate hubs in the United States.

Plano and the DFW Metroplex have a diverse economy supported by a number of key industries:

• Technology and Telecommunications
• Automotive
• Financial Services
• Healthcare and Life Sciences
• Logistics and Distribution
• Professional Services
• Digital Media
• Energy
• Manufacturing

Plano is known for excellent public schools. Plano Independent School District is one of the top-rated districts in Texas and offers strong academic and extracurricular programs. Students in LGI Homes’ Princeton Heights community attend Princeton Independent School District, which serves growing communities in Collin County and continues to expand as the area’s population grows.

Plano offers a mix of outdoor recreation, cultural attractions and shopping:

• Arbor Hills Nature Preserve with trails and scenic views
• Legacy West for dining, shopping and entertainment
• Historic Downtown Plano Arts District with events and local businesses
• Heritage Farmstead Museum showcases North Texas history
  

These attractions make Plano a well-rounded place to live and visit. 

Plano features more than 85 parks and over 100 miles of trails. Popular outdoor destinations include Oak Point Park and Nature Area and Arbor Hills Nature Preserve. Nearby Lake Lavon offers boating, fishing and camping. Residents of Princeton Heights also enjoy local trails and green spaces within the community.

Plano has a humid subtropical climate with hot summers and mild winters. Summer highs often reach the upper 90s, while winter temperatures typically range from the mid-30s to 50s. Spring brings most of the annual rainfall along with occasional severe storms. The climate supports year-round outdoor activity.

Texas does not have a state personal income tax. Residents do not pay state income tax on wages, salaries or investment income, which can increase take-home pay and lower living costs compared to comparable cities in other states.

Yes. LGI Homes offers new construction homes in multiple new home developments in the Plano, TX, area. Every LGI home is move-in-ready and includes designer upgrades at no extra cost for homebuyers. Homebuyers can move into their new home 30 to 45 days after finishing their home financing paperwork. 

Yes. At the time of writing, LGI has new homes for sale near Plano priced below $300,000. Homebuyers will discover single-family detached homes with designer upgrades in multiple LGI Homes’ communities priced below $300,000. These homes include appliances, upgraded countertops, spacious wood cabinetry, integrated technology, professionally landscaped front yards and much more. 

The CompleteHome Plus™ package includes upgraded features such as granite countertops, stainless steel appliances, luxury vinyl plank flooring, 42-inch upper cabinets and elevated ceiling heights. These features are included in the base price, with no additional upgrade costs. 

Most LGI Homes developments have children’s playgrounds, walking trails, BBQ pits, picnic areas and nearby commercial conveniences. You’ll find amenities listed on every community’s detail page, and our New Home Consultants are always available to provide buyers with community details.   

Yes. LGI Homes offers no down payment and builder-paid closing costs to qualified homebuyers in multiple Plano-area communities. Look for ‘builder-paid closing costs’ or ‘No down payment required’ under community features while viewing any of our Plano community pages, or ask our New Home Consultants.

Plano is located in North Texas, and is less than 900 miles from these large cities and popular tourist destinations:

• Garland, TX, 8 miles
• Dallas, TX, 18 miles
• Arlington, TX, 31 miles
• Fort Worth, TX, 41 miles
• Oklahoma City, OK, 176 miles
• Austin, TX, 200 miles
• Tulsa, OK, 220 miles
• Houston, TX, 238 miles
• San Antonio, TX, 269 miles
• Albuquerque, TX, 588 miles
• Colorado Springs, CO, 606 miles
• Denver, CO, 654 miles
• Phoenix, AZ, 890 miles

Owning a home allows owners to build equity over time and benefit from long-term appreciation, especially in high-growth areas like Collin County. Everyone’s financial situation is different. Contact an LGI New Homes Consultant today to find out if buying a home is a smart financial decision for you. 

New Home Consultants are not certified Financial Advisors. 

LGI Homes offers single-family detached homes with modern layouts, open-concept floor plans and included upgrades. LGI Homes offers unparalleled value and builds to higher standards than local building codes. Every home includes integrated technology, energy-saving appliances and features, superior-quality construction and professional front yard landscaping.

Upgrades include granite countertops, stainless steel appliances, luxury vinyl plank flooring, energy-efficient features and smart home technology, all included in the purchase price.

Yes. LGI Homes works with first-time buyers by giving guidance, financing assistance and a simplified buying process. Many buyers find monthly payments comparable to rent, depending on qualifications.

Yes. LGI Homes’ preferred lender can help buyers explore FHA loan options, which typically offer lower down payments and flexible debt-to-income ratios. LGI’s preferred lender is always on-site, making it easy for homebuyers to speak with them about new home financing. Learn about FHA home loans, including eligibility requirements, loan limits and credit score requirements. 

It depends on your financial situation. Buying a home offers several benefits, including building equity and stable monthly payments. In many cases, mortgage payments may be comparable to rent. For homebuyers planning to stay in a new home for several years, buying usually makes the most sense. Talk with an LGI New Home Consultant today to find out if buying makes more sense for you.