New homes in Plano, TX: the communities, the prices and the catch

New homes in Plano at a glance

New homes in Plano: why there are so few

If you want a new home inside Plano, plan on a townhome; if you need a new house with a yard, plan on looking north. Plano filled up decades ago. The city's Plano Tomorrow long-range plan says only about 6% of Plano's land is still available for development, and it steers that land toward compact, mixed-use centers. The plan also encourages reinvestment in underperforming commercial sites and along the main transportation corridors. In practice, that's where nearly every new home in Plano comes from: a dated shopping center, office park or mall site, rebuilt with townhomes, apartments and shops.

That decides what you can buy. Infill land is expensive, so builders put more homes on less ground: narrow three-story townhomes with a two-car garage underneath, small or HOA-maintained yards, and a short walk to new retail. If you want a new single-story home on a large lot, Plano rarely has one, and the search moves to cities north of it.

Plano Tomorrow and infill homes

The plan projects Plano's population at 300,000 by 2040, and the city's police department already counted 301,320 residents in its 2026 report. With the population near that figure and little vacant land, growth comes from redevelopment rather than new subdivisions, so expect future new homes in Plano to look like the communities below.

New homes in Plano for sale now

These are the communities we found inside Plano city limits, with figures from each builder's own page where we could open it, read on October 29, 2026. Prices and incentives change weekly, so treat these as a starting point and confirm with the builder.

Plano Gateway by CB JENI Homes

Townhomes on Maplecrest Lane in east Plano (75074), near Shiloh Road. CB JENI lists four plans from $439,000 (Armstrong, 1,794 square feet) to $489,000 (Victoria, 2,278 square feet), all three stories with three bedrooms and a two-car garage. Quick move-in homes were listed from $448,340 to $501,610, ready between November and January, and the builder advertised a reduced introductory rate on select homes. The builder lists Plano ISD campuses: Stinson Elementary, Otto Middle and McMillen High. The catch: three flights of stairs, and a starting price about $77,000 above Zillow's typical value for the 75074 ZIP.

Mustang Square new homes by D.R. Horton

Townhomes at 4524 Community Court in northwest Plano (75024), in a mixed-use development with retail on site. D.R. Horton lists homes from $499,990, with plans from the 1,376-square-foot Colt to the Shire, starting in the $638,000s, two or three stories and three to five bedrooms. The builder lists spray foam insulation, 2x6 framing, an electric heat pump and a tankless water heater, and an HOA that maintains front and back yards. Two homes were listed, at $499,990 and $532,360. This one is in Frisco ISD, which the builder names on its page, so check the Plano school district map and finders if that matters to you.

Collin Creek new construction on the former mall site

The largest redevelopment in the city: Centurion American's roughly $1 billion rebuild of the former Collin Creek Mall at 811 N. Central Expressway (75075). The developer's site describes 500 single-family homes, 2,300 multifamily units, 300 independent-living residences, 300,000 square feet of retail and restaurants, eight acres of parks and 1.6 miles of trails, with the first homeowners moving in from late 2024. DRB Homes is among the townhome builders; we couldn't open its page, so ask the builder for current plans, prices and HOA dues.

Heritage Ridge Estates by Grand Homes

A Grand Homes community in the 75094 ZIP in Plano ISD, and a common search. A major new-home listing portal now shows it as no longer listed, and the builder's own page didn't load for us, which can mean a community is sold out or down to its final homes. Ask Grand Homes directly whether any homes or lots remain; if not, it's a resale search from here.

1897 Townhomes near downtown Plano

InTown Homes has built townhomes on N Avenue in 75074, a few blocks from historic downtown Plano. We couldn't open the builder's page for current figures, so check InTown Homes for what's left. Our downtown Plano neighborhood guide covers the area.

Lennar and Plano city limits

We found no current Lennar community inside Plano city limits. Check Lennar's Dallas-Fort Worth listings and look at the city named on each community, since a Plano mailing address and Plano city limits aren't always the same thing.

New homes in Plano under $300k or $400k

On the builder pages above, nothing new in Plano starts below $439,000, and that buys a three-story townhome. So for a budget under $400,000 the realistic choices in Plano are older homes, and for under $300,000 they're the city's lowest-priced older neighborhoods.

Plano resale homes as the alternative to new

The Zillow neighborhoods under $300,000 are all in central and east Plano, and every one fell in value over the past year, by 2.77% to 6.54%. That gives you room to negotiate, and some of the savings can go into a new roof, windows or HVAC. Our east Plano guide covers these areas.

Moving north of Plano for a new home

Builders with land to work with are farther north, with longer drives to Legacy and Dallas. We haven't priced those communities on this page, so don't assume a new house up there costs less each month. Allen's typical value is about $10,000 below Plano's, but its 2026 combined tax rate is higher, which brings the monthly cost within about $50 of Plano's. Compare the tax rate and the commute along with the price; our guide to choosing a Dallas suburb compares the main options.

New homes vs resale homes in Plano

Whether a new home is good value in Plano depends on which side of the city it's on. Compare each community's starting price with Zillow's typical value for its ZIP:

New homes vs resale in east Plano

In east Plano a new townhome costs more than the typical older house in the same ZIP. You pay the premium for a new build, energy-efficient systems and no near-term repairs, and you give up a yard and single-level living. Run the repair budget on the older house before you decide the premium is worth it.

New homes vs resale in west Plano

In northwest Plano a new townhome costs less than the typical home in 75024, because that ZIP's typical value reflects larger detached houses. A new townhome is the lower-cost way into that part of the city, close to the Legacy employers; see our Legacy neighborhood guide. The trade is space: about 1,400 to 2,200 square feet over two or three floors.

Infill or north: a Plano new-home decision

Three answers settle it. If a yard or single-level living is a must, Plano's new homes won't fit, so either buy a Plano resale and renovate or search north. If being close to Legacy matters most, Mustang Square is the one new option under its ZIP's typical value; its catch is Frisco ISD and an HOA. If your budget is under $439,000, nothing new in Plano fits, and an older east Plano house with a repair budget is the realistic way to stay in the city.

Where Plano's next new homes are likely to come from

Because the city plan points new building at underperforming commercial sites and transportation corridors, the best way to see future new homes in Plano is to watch redevelopment, not land sales. Three things to track:

Plano zoning cases and new homes

A shopping center or office park turning into townhomes needs a zoning change first, which goes to Plano's Planning and Zoning Commission and City Council in public meetings. Agendas are posted on plano.gov before each meeting, so a zoning case is an early sign of new homes on the way.

Collin Creek new construction still to come

Collin Creek's plan includes 500 single-family homes, the largest number planned for any single site we found in the city. If central Plano near US-75 suits you, ask the sales team which sections are selling now and what's planned next.

Homes near DART stations in Plano

Rail stations are the kind of corridor the plan favors for denser housing. If you'd like a new home near transit, our Plano to Dallas commute guide covers the rail lines and stations.

Buying new homes in Plano: a checklist

1. Confirm the school district on the builder's page and on the district's own finder: Mustang Square is in Frisco ISD despite its Plano address.
2. Ask for the HOA budget and dues in writing. Townhome HOAs often cover yards and exteriors, which changes both the dues and your maintenance costs.
3. Ask how property tax will be assessed in the first year: a home finished mid-year may be valued as a lot on January 1, and the following year's bill can jump.
4. Get the builder's incentive terms in writing: a reduced rate or closing-cost credit usually requires the builder's lender.
5. Have the home inspected before drywall and before closing, and get the warranty terms in writing.
6. Ask the builder before your first visit whether your own agent must come with you or register you, so you keep your representation.

Linda can register with the builder and tour new communities with you on FaceTime before you fly in, alongside a search of resale homes in Plano. For the price trend behind all this, see our Plano housing market update.