The story of this market
The typical home in ZIP 75023 sells for about $455,000, or $218 per square foot.
Prices are up +3.4% from a year ago, so sellers still have some momentum. Homes take about 69 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,944 a month.
ZIP 75023 — Plano
The 75023 housing market is showing resilience with steady price growth and a competitive environment for buyers. While inventory remains tight, the area's strong school district and economic stability continue to drive demand. Current figures reflect a balanced market where well-priced homes move efficiently.
This ZIP is ideal for families and professionals seeking a suburban lifestyle with access to top-tier schools, established neighborhoods, and a robust local economy.
Median prices moved up 3.4% year over year.
Homes spend a median of 69 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 97.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.0% · poverty 7.1% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 75023, Collin County TX
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime in Plano is generally lower than the national average, with the city consistently ranking as one of the safest large cities in the United States.
The area is served by the highly-rated Plano Independent School District, which is recognized for its strong academic performance and diverse extracurricular programs.
The region faces moderate risks from severe thunderstorms and occasional hail, with standard insurance coverage typically addressing these climate-related hazards.
Plano serves as a major corporate hub with significant presence from companies like Toyota North America and Liberty Mutual, driving steady economic momentum and infrastructure investment.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00). County (Collin County, Texas) — Independent School District Ad Valorem Tax & Mandatory Homestead Exemption: All residential parcels fall into an ISD (e.g., Plano ISD at $1.03955 per $100; Allen ISD at $1.1258 per $100; Prosper ISD at $1.2141 per $100). Imposes standard Maintenance & Operations (M&O) and Interest & Sinking (I&S) rates.
Residents benefit from proximity to the President George Bush Turnpike and US-75, providing efficient access to major employment centers in Plano, Richardson, and Dallas.
The area features extensive greenbelts and parks such as Bob Woodruff Park and Oak Point Park, alongside numerous shopping centers and dining districts along the Parker Road corridor.
The rental market remains stable with consistent demand, though inventory has seen a slight decline, keeping upward pressure on monthly asking rents.
The economy is anchored by the technology, financial services, and corporate headquarters sectors, benefiting from the broader Dallas-Fort Worth economic engine.
The area is primarily car-dependent, with well-maintained arterial roads and access to DART light rail stations in neighboring areas.
Ongoing redevelopment of older commercial sites into modern mixed-use projects is a key focus for the city's planning department.
The Collin Central Appraisal District performs annual market value assessments for all residential properties within the county.
Parcels are subject to taxes from the Plano Independent School District, Collin County, and the City of Plano, with no major MUDs reported.
Property insurance premiums are influenced by regional weather patterns, including hail and wind risks, leading to a competitive but stable market.
Data retrieved from data.census.gov for ZCTA 75023.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
The largest park in Plano featuring trails and a lake.
A major community park with extensive walking trails and picnic areas.
A well-established residential area known for its mature trees and community feel.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Governs Russeil Creek
Governs The Greens of Gleneagles
Governs P.C. HOA
Governs Crown Valley HOA
90-day research cycle · governing documents remain with their official custodians — the association, its management portal or the county clerk's recording.