Preston Place

Q: What neighborhood is Preston Place in?

Preston Place is in the Preston Place Apartments neighborhood of Plano.

Q: Is Preston Place in a walkable area?

Preston Place has a walk score of 76. Very walkable. Most errands can be accomplished on foot, and many essentials are within a short walk.

Q: Are there photos of Preston Place?

Yes — there are 7 photos of Preston Place in the photo gallery on this page.

Q: What is the address of Preston Place?

Preston Place is located at 5000 Old Shepard Pl, Plano, TX 75093.

Q: What is the phone number of Preston Place?

(972) 931-1123 will put you in contact with the team at Preston Place.

Q: Is Preston Place Medicare or Medicaid certified?

Preston Place is not currently listed as a CMS-certified provider of Medicare or Medicaid.

Overview of Preston Place

Preston Place is a garden-style community in Plano, TX, designed to cater to residents seeking a blissful independent living experience. The community helps its residents in simplifying their lifestyles by providing them with conveniences like maintenance, housekeeping, and chef-prepared meals. Accommodations here are carefully built with residents’ safety and welfare in mind and equipped with water heaters, central heating, and A/C, and a balcony with storage for their comfort.

There’s always something interesting to do with various activities and events held regularly. Residents’ well-being is prioritized with a fitness center, life-enrichment room, and various wellness programs available on-site. The community also offers the convenience of having amenities like a saltwater pool, salon, and clubhouse for a more enjoyable retirement experience.

(972) 931-1123

Types of Care at Preston Place

Independent Living

Walk Score: 76 / 100

Very walkable. Most errands can be accomplished on foot, and many essentials are within a short walk.

What does this home offer?

Minimum Age: 55 Years Old

Pets Allowed

Housing Options: 1 Bed / 2 Bed

Building Type: 2-story

Dining Services

Housekeeping Services

Transportation Services

Beauty Services

Exercise Programs

Recreational Activities

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Community Care for the Aged and Disabled (CCAD)

TX Medicaid CCAD

Age 65+ or disabled

General Texas resident, Medicaid-eligible, care need (not always nursing home level).

Income Limits (2025) ~$2,829/month 300% FBR, individual

Asset Limits $2,000 (individual), $3,000 (couple).

Large state; rural access challenges.

Benefits

Personal care (5-7 hours/day) Respite (240 hours/year) Adult day care (~$60/day) Home aides

Texas Community Care Services

TX CCS

Age 60+

General Texas resident, at risk of decline.

Income Limits ~$2,000/month individual, varies

Asset Limits $5,000 individual

Limited funding; high demand in urban areas.

Benefits

In-home care (3-5 hours/week) Respite (up to 10 days/year) Transportation (~5 trips/month)

Area Agency on Aging (AAA) Services

Texas AAA Services

Age 60+

General TX resident; no income/asset limits.

Income Limits (2025) None; donations encouraged.

Asset Limits Not assessed.

28 AAAs; includes Meals on Wheels in some areas.

Benefits

Meals (~$5-$7/meal) Transportation Homemaker services (~4 hours/week) Respite (~5 days/year) Legal aid

Medicare Savings Program (MSP)

Texas Medicare Savings Program

Age 65+ or disabled

General TX resident, Medicare Part A/B.

Income Limits (2025) ~$2,510/month (QMB), ~$3,380/month (SLMB), ~$3,598/month (QI)—individual.

Asset Limits $9,430 (individual), $14,130 (couple).

Includes Extra Help for Part D; no waitlist.

Benefits

Covers Part B premiums ($174.70/month) Deductibles ($240/year) Copays (~20%)

Family Caregiver Support Program (FCSP)

Texas Family Caregiver Support Program

Age —

General Caregivers of 60+ needing care or 55+ caregivers of others; TX resident; 2+ ADLs.

Income Limits (2025) No strict cap; prioritizes low-income ~$24,980/year

Asset Limits Not assessed.

High rural demand; includes grandparent caregivers.

Benefits

Respite (4-6 hours/week or 5 days/year) Adult day care ($60/day) Training Supplies (~$500/year)

VA Aid and Attendance (A&A) and Housebound Benefits

Texas VA Aid and Attendance/Housebound

Age 65+ or disabled veteran/spouse

General TX resident, wartime service, ADL help (A&A) or homebound.

Income Limits (2025) Net income < ~$1,984/month (veteran with dependent, A&A); pension offsets income.

Asset Limits ~$155,356 net worth

High veteran population; supports rural/urban needs.

Benefits

Cash (~$1,433-$2,642/month veteran, ~$951-$1,318 spouse) for care costs

Property Tax Exemption for Seniors

Texas Senior Property Tax Exemption

Age 65+

General TX resident, homeowner (homestead).

Income Limits (2025) None; tax-based eligibility.

Asset Limits Not assessed.

$25,000+ exemption; optional freeze in some counties; saves ~$500-$1,000/year.

Benefits

Tax exemption or freeze (~$500-$1,000/year savings)

Senior Farmers’ Market Nutrition Program (SFMNP)

Texas SFMNP

Age 60+

General TX resident, low-income.

Income Limits (2025) ~$2,322/month 185% FPL

Asset Limits Not assessed.

Vouchers (~$50/season); serves ~20,000 via 28 AAAs.

Benefits

Vouchers (~$50/season) for produce at farmers’ markets

Compare Independent Living around Plano

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The Outlook at Windhaven	AL Assisted Living A licensed, long-term care setting for seniors or individuals with disabilities who need help with daily activities — like bathing, dressing, and medication management — but not 24-hour skilled nursing. Offers housing, meals, and around-the-clock support while aiming to maximize resident independence. IL Independent Living Lifestyle-focused communities for older adults offering dining, activities, and transportation with minimal personal care. Best for active, independent seniors who want community without medical support. MC Memory Care Secured, specialized care for people living with Alzheimer's or dementia. Staff trained in cognitive impairment, with higher staff-to-resident ratios and an environment designed to reduce confusion and wandering risk.	Plano	62	Yes	20	-	-	The Outlook At Windhaven Forefront Living	-	-	-	1 Bed / 2 Bed
The Legacy at Willow Bend	NH Nursing Home Licensed facility providing 24/7 skilled nursing care for residents with complex, ongoing medical needs. Staffed by RNs, LPNs, and CNAs. Inspected and star-rated annually by CMS. Accepts Medicare (short-term rehab) and Medicaid (long-term care). AL Assisted Living A licensed, long-term care setting for seniors or individuals with disabilities who need help with daily activities — like bathing, dressing, and medication management — but not 24-hour skilled nursing. Offers housing, meals, and around-the-clock support while aiming to maximize resident independence. IL Independent Living Lifestyle-focused communities for older adults offering dining, activities, and transportation with minimal personal care. Best for active, independent seniors who want community without medical support. MC Memory Care Secured, specialized care for people living with Alzheimer's or dementia. Staff trained in cognitive impairment, with higher staff-to-resident ratios and an environment designed to reduce confusion and wandering risk.	Plano	60	Yes	45	18 Facility 18 TX AVG 22 Rank #269 / 583	A+	The Legacy Willow Bend, Inc.	4 Facility 4 TX AVG 6 Rank #119 / 709	2	2	1 Bed / 2 Bed
The Waterford at Plano	IL Independent Living Lifestyle-focused communities for older adults offering dining, activities, and transportation with minimal personal care. Best for active, independent seniors who want community without medical support. AL Assisted Living A licensed, long-term care setting for seniors or individuals with disabilities who need help with daily activities — like bathing, dressing, and medication management — but not 24-hour skilled nursing. Offers housing, meals, and around-the-clock support while aiming to maximize resident independence.	Plano	57	Yes	64	-	-	Triad Senior Living II LP	19 Facility 19 TX AVG 6 Rank #688 / 709	8	11	Studio / 1 Bed / 2 Bed
Preston Place	IL Independent Living Lifestyle-focused communities for older adults offering dining, activities, and transportation with minimal personal care. Best for active, independent seniors who want community without medical support.	Plano (Preston Place Apartments)	-	Yes	76	-	-	-	-	-	-	1 Bed / 2 Bed
Conservatory at Plano	NH Nursing Home Licensed facility providing 24/7 skilled nursing care for residents with complex, ongoing medical needs. Staffed by RNs, LPNs, and CNAs. Inspected and star-rated annually by CMS. Accepts Medicare (short-term rehab) and Medicaid (long-term care). IL Independent Living Lifestyle-focused communities for older adults offering dining, activities, and transportation with minimal personal care. Best for active, independent seniors who want community without medical support.	Plano (The Harvard)	-	No	40	-	A+	-	-	-	-	1 Bed / 2 Bed