Plano Housing Market Snapshot
Real-time data to help you make informed decisions about buying your first home in one of America’s most desirable cities.
💡 What this means for you: Plano is a premium market, but the city’s $55K DPA program and affordable neighborhoods like East Plano and Hunters Glen make homeownership achievable. Plus, 20% more inventory than pre-pandemic levels means more choices for buyers!
Best Plano Neighborhoods for First-Time Buyers
From luxury estates to affordable starter homes, Plano offers diverse neighborhoods for every budget and lifestyle in 2025.
🏘️ East Plano
$350K-$450KMost affordable entry point into Plano! Beautiful older homes, established trees, and convenient access to public transportation. Great schools and community feel.
🌲 Park Forest
$380K-$500KTree-lined streets and pristine parks in a nature-lover’s paradise. Modest cost of living while preserving high quality of life. Great for young families!
🏡 Hunters Glen
$400K-$550KBudget-friendly with excellent amenities. Well-maintained homes, good schools, and convenient location. Popular with first-time buyers and young professionals.
🏙️ Downtown Plano
$350K-$500KHistoric charm meets modern convenience. Walkable streets with restaurants, shops, and entertainment. Great condos and townhomes for young professionals.
🌳 Pitman Creek Estates
$450K-$600KModern housing with contemporary homes, nearby shopping centers, and top-rated schools. Perfect blend of value and amenities for growing families.
🏢 Legacy West Area
$500K-$700KDynamic urban environment near Toyota and major corporate HQs. Modern apartments, trendy restaurants, and vibrant scene. Popular with young professionals.
Your Plano Story Starts Here
From watching hot air balloons at the Plano Balloon Festival to hiking Oak Point Nature Preserve, your first home is where life’s best memories begin. Plano’s award-winning schools and family-friendly neighborhoods provide the perfect foundation for your family’s future.
LET’S TALKPlano Down Payment Assistance Programs
Plano offers some of the MOST GENEROUS DPA programs in DFW—up to $55,000! Plus, stack with state programs for even more savings.
🏛️ Plano FTHB Program
Up to $55KCity of Plano’s First-Time Homebuyers Program—deferred payment loans for down payment and closing costs. One of the largest city programs in Texas!
- ✔ Income-qualified applicants
- ✔ First-time buyer status
- ✔ Homebuyer education required
- ✔ Deferred payment loan
🏦 Plano Standard DPA
Up to $10KAlternative city program with faster approval for moderate-income buyers. Great option if you don’t qualify for the larger program.
- ✔ Moderate income limits
- ✔ First-time buyer status
- ✔ Faster processing
- ✔ Purchase in Plano city limits
🌟 TSAHC Programs
Up to 5%Statewide Texas programs—grants or forgivable second liens up to 5% of loan amount. Can stack with Plano city programs!
- ✔ Home Sweet Texas (all buyers)
- ✔ Homes for Texas Heroes
- ✔ Grant or forgivable 2nd lien
- ✔ 620+ credit score typically
🏠 My First Texas Home
Up to 5%TDHCA program offering competitive 30-year fixed rates plus down payment assistance. Can combine with Mortgage Credit Certificate!
- ✔ First-time buyers & veterans
- ✔ Income limits by county
- ✔ Minimum 620 credit score
- ✔ MCC tax credit eligible
First-Time Buyer Loan Programs
Multiple paths to homeownership—we’ll help you find YOUR best fit for Plano’s premium market.
Learn more about our loan programs: FHA Loans | VA Loans | First-Time Homebuyer Guide
Why Plano First-Time Buyers Choose Adam & Team
We’re not a big bank trying to push one product. We’re your advocate, educator, and guide through Plano’s competitive market. Serving Texas & 30+ States.
Education-First Approach
We explain everything in plain English. You’ll understand every step, every document, every decision.
Veteran-Owned, VA Experts
Retired Army Captain who understands military families. We’re experts in VA loans!
Plano DPA Specialists
We know Plano’s $55K program, TSAHC, TDHCA, and every Texas program. Let us maximize your benefits.
Video Calls Available
See how everything works via screen share. Visual explanations help first-time buyers.
Dedicated Team
Same people from start to finish. You’ll always know who to call and get quick answers.
On-Time Closings
We close when we say we will. Movement Mortgage’s team structure keeps you on track.
What Plano First-Time Buyers Say
Real stories from Plano homeowners who trusted Adam & Team with their first purchase.
“We thought Plano was out of reach until Adam showed us the $55K DPA program. Combined with an FHA loan, we got into a beautiful home in Park Forest for less than we were paying in rent! The schools are amazing.”
Michael & Priya T.
Park Forest • FHA Loan • $55K DPA
★★★★★
“Just got a job at Toyota’s HQ and needed to buy fast. Adam’s team got me pre-approved in 24 hours and we closed in 28 days. Found a great condo near Legacy West—perfect for my commute and the nightlife!”
Jennifer C.
Legacy West Area • Conventional 97 • 3% Down
★★★★★
“As a veteran, I knew I wanted a VA loan but didn’t know where to start. Adam being a fellow Army vet made all the difference. Zero down, no PMI, and I’m in one of the best school districts in Texas!”
Robert W.
Pitman Creek Estates • VA Loan • $0 Down
★★★★★
Plano First-Time Buyer FAQs
Common questions from Plano area first-time homebuyers.
How much home can I afford in Plano?
Plano’s median home ($520K) requires about $140K annual income. Affordable areas like East Plano ($350K-$450K) need ~$100K income. We’ll help you find YOUR comfort zone.
How do I qualify for Plano’s $55K DPA?
Income-qualified applicants, first-time buyer status (no home ownership in past 3 years), purchase within Plano city limits, and complete a homebuyer education course.
Why are Plano homes more expensive?
Top-rated schools (B+ average), major corporate headquarters (Toyota, JCPenney), low crime, excellent parks, and high quality of life. You’re paying for one of America’s best cities!
What are the most affordable Plano neighborhoods?
East Plano ($350K-$450K), Downtown Plano ($350K-$500K), and Park Forest ($380K-$500K) offer the best entry points while still enjoying Plano’s amenities.
What credit score do I need to buy in Plano?
FHA loans accept 580+ with 3.5% down. VA loans have no official minimum (620+ preferred). Conventional requires 620+. Plano’s DPA programs typically need 620+.
I’m a veteran—what are my options?
VA loans are perfect—0% down, no PMI! Plus, Texas Homes for Texas Heroes offers additional grants. As a veteran-owned business, we’re VA loan experts.
