Plano, Texas Information
Located within the Dallas-Fort Worth Metropolitan area, Plano sits just 20 miles northeast of downtown Dallas. The city was settled in the 1840s and it gets its name from the vast and flat landscape that surrounds it. As of the 2010 Census, the city’s population was about 270,000 people, making it the 9th largest city in the state of Texas.
Plano, Texas Details
The city is home to some of the state’s most beautiful nature preserves. Arbor Hills Nature Preserve encompasses 200 acres of pristine landscape. The park is home to truly majestic Bur and Red Oak trees, and there is an observation tower there which provides all those who climb it with a breathtaking view of the city. Since Dallas is only 20 miles away, you are never too far away from going to a Mavericks or a Cowboy’s game. This way you can enjoy the benefits of living in a smaller city, but also enjoy big city life when you want to.
Historic downtown also has much to offer. Restaurants like “Poor Richards,” which apparently offers some of the best breakfast you can get in the city, is just one of the many fantastic dining options to choose from in the city. There are also plenty of antique shops and a train museum that is suitable for all ages.
Although the population is 56% White, the city has large Latino and Asian populations at 14% and 19% respectively. This makes for a truly diverse cultural mix in the city. The largest age demographic in the city are those between the ages of 35 and 54 years, who make up 31% of the population. 55% of the city’s adults have graduated college which is why it is no surprise that the median household income there is $83,793. That’s $30,136 more than the national median household income, which is also why it is no surprise that only 7.5% of the city’s population falls below the poverty line.
Although the crime rate is higher than 57% of all other cities in the state, when one looks at the crime rates of all other American cities of the same size and population they find that this city is one of the safest places to live relative to its size. In fact, USA Today once named Plano as the 8th safest city in all of Texas, and the 52nd safest city in all of the nation. In October of 2010, Forbes ranked the city as being the safest city in America. The violent crime rate there is only 2 per 1,000 inhabitants while the property crime rate is a bit higher at 18 per 1,000 inhabitants.
According to neighborhoodscout.com, the Plano Independent School District has 86 schools that serves 54,689 total students. The average classroom size is 14 students per class, which is 1 student per class below the national average. The school district there pays $10,930 for each of its students, which is $521 more than the state average, but $1,615 less than the national average. The Frisco and Lewisville Independent School Districts also serve the residents of this city.
The housing market in this city is currently considered beneficial for buyers. As of Dec. 31, 2017, the current median home value is $337,400. This is a 6.4% rise from last year and it is expected to rise another 5% in one year. That’s an increase of $16,870 in just a year from now. Also, as of Dec. 31, 2017, the city’s median rental price is $1,895 per month, which is a little higher than the median rental price of the Dallas-Fort Worth Metropolitan area which is $1,650 per month. However, for a 3-bedroom house in the city, it is $1,795 per month, $100 cheaper than the overall median rental price.
This small Texas town is a great place for young couples and families to move to and live. This city really has it all. Low crime rates for its size, a diverse cultural make-up, pristine public lands, a great school system, and best of all, a buyer’s market for real estate.
Call us for a comprehensive market analysis of your rental property.
Plano Property Management
Our property management team specializes in residential areas throughout Plano, TX. We offer multiple services to take your rental property and convert it into reliable income. We have a thorough screening process that helps to identify the right tenants for your property. Our team works hard to keep both parties happy through effective communication, bullet proof lease agreements, and timely monthly rent collection. We offer maintenance services to enhance the property and ensure that it will retain or increase in value. We oversee everything, allowing you to sit back and relax and know that your property and your tenants are in good hands.
Contact us today if you are ready to receive a comprehensive analysis of your rental property and to inquire about our Plano area property management services.
I have been so impressed with not only the quality of service, but the punctual service and communication skills that I have seen through Keyrenter. I would absolutely recommend using Keyrenter.
Kimber C., Satisfied Client
Keyrenter is very organized. I have had several problems with my condo, and Keyrenter has been on top of everything. I can’t say enough good things about the company.
Steve S., Satisfied Client
I'm absolutely delighted with how easy Keyrenter made everything for me. From start to getting a renter into my house, it's all been convenient and simple. Great company, great service, great people!
Lorrie M., Satisfied Client
I've been a tenant with Keyrenter for the past 5 years. They have always been prompt in dealing with issues I've raised up and in responding to my requests for repairs and maintenance.
Tadd D., Satisfied Tenant
Keyrenter's tenant placement service is designed to provide landlords with a solution to the most difficult problem, finding a good tenant. Our leasing agents will not only locate good tenants, we use a thorough screening process and can even negotiate fair lease agreements.
Maintenance & Inspections
Our maintenance and inspection services are designed to keep the value of your property intact. We offer a full service options to provide our clients with only the best service possible. We will handle all of the difficult problems related to caring for the property and tenants.
Do you hate collecting monthly checks? Keyrenter provides accounting services to make sure you are paid on time, and your tenants are upholding lease agreement. We can assist with a variety of accounting options from monthly billing to taxes and other financial needs.
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