Artificial intelligence is revolutionizing architecture through text-to-image synthesis, converting textual descriptions into detailed visual representations. We explore AI-assisted floor plan design, focusing on technical background, practical methods, and future directions. Using tools like, Stable Diffusion, AI leverages models such as Generative Adversarial Networks and Variational Autoencoders to generate complex and functional floorplans designs. We evaluates these AI models' effectiveness in generating residential floor plans from text prompts. Through experiments with reference images, text prompts, and sketches, we assess the strengths and limitations of current text-to-image technology in architectural visualization. Architects can use these AI tools to streamline design processes, create multiple design options, and enhance creativity and collaboration. We highlight AI's potential to drive smarter, more efficient floorplan design, contributing to ongoing discussions on AI integration in the design profession and its future impact.