Is Plano, TX a good place to invest in rental property?

Plano, TX has a median modeled monthly cash flow of $-1,579 and a median cap rate of 2.8%, on a median sold price of $525,000. Prices changed -1.8% year over year.

What is the average cap rate in Plano, TX?

The median cap rate across recently sold homes in Plano, TX is 2.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Plano, TX?

The median sold price in Plano, TX is $525,000 (about $224 per square foot).

Investing in Plano, TX Real Estate

A data-driven snapshot of the Plano, TX rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$525,000Median sold price

$224Median $/sqft

2.8%Median cap rate

$-1,579Modeled cash flow / mo

-1.8%Appreciation YoY

6.3Months of supply

1,308Active listings

2,472Sold (last 12 mo)

What the Plano numbers say

In Plano, TX, the median home sold for $525,000 (about $224 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-1,579 of monthly cash flow. Sold prices moved -1.8% over the past year. Inventory sits at about 6.3 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Texas markets to compare

See Plano cash-flowing listings

CashFlowRE ranks every for-sale home in Plano, TX by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Plano deals, or browse the national market data.