Plano Real Estate Information

The largest city in Collin County and one of Dallas's major suburbs, Plano, Texas, is a suburban community about 30 miles north of the city. It sits on more than 70 square miles and is home to a population of nearly 270,000, according to estimates taken in 2008. The city is a major business center, with many corporate headquarters and offices. In fact, about 80 percent of those who visit Plano are here on business. Plano is an ideal location for those searching for properties who must regularly do business with the companies located here.

The community was established in the 1840s and was named for the Spanish word for "flat," reflecting the area's landscape. In 1872, railroads were completed that traveled through Plano, which helped to grow the community. By 1874, there were more than 500 residents and the community incorporated in 1873. Residents of Plano tend to be wealthier than their average Texan counterparts, with 2007 estimates putting the median household income at nearly $85,000. Because of the high averages, real estate in Plano tends to have higher value than that of nearby areas in Texas.

Some of the city's corporate headquarters include Ericsson Inc., Rent-A-Center, Perot Systems, Electronic Data Systems, JCPenney, Frito-Lay and Dr Pepper Snapple Group. It is home to the World Olympic Gymnastics Academy training center, and is the site of two stations for the DART light rail system connecting the community with Dallas. The city's 10 largest employers include Countrywide Home Loans; J.C. Penney, Inc.; Electronic Data Systems; Perot Systems Corporation; Alcatel-Lucent; CHC Acquisition Corporation; Frito-Lay; Dr Pepper/Snapple Group; Medical Center of Plano; and the Presbyterian Hospital of Plano, each of which employs more than 1,500.

There are 70 public schools, 16 private schools, two community colleges and six libraries located here. The Shops at Legacy area has apartments, shops, and restaurants. The city is known for its annual Plano Balloon Festival. Arts attractions include the Courtyard Theater, the Cox Building Playhouse and the Amphitheater at Oak Point Park.