Let me tell you why Tuesday’s auction of 3420 Ranchero in the honeypot of Plano is so very important: dirt. This area is the estate haven of Plano, equivalent to the honeypot of Old Preston Hollow in Dallas, or Hunters Glen in Highland Park. And the property can be had for less than its Collin County appraisal!
In the early 1970’s, as the town of Plano, Texas was just opening its sleepy eyes, James Muns and Don Dilmore developed Ranchero Country Estates. There were to be 19 properties on two meandering country roads, Ranchero and Rambling Way. On Ranchero, the property plots measured from 2 to 4.62 acres, and five properties were carved out on Rambling Road, all measuring from 1.92 to 2.33 acres.
The area is literally in the heart of Plano, off Parker Road, between the Tollway and Preston. The lots are gigantic, wooded, with tanks and ponds and natural surroundings that lure you into believing you are in the country, especially at night. For his own home, Muns chose a 4.62 acre parcel with the very, very best view of the sparkling pond.