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There are currently 36 real estate properties in Progreso Lakes, TX, with a median automated valuation model (AVM) price of $88,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Progreso Lakes, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Progreso Lakes, TX, is $124,894.00, with the most expensive house in Progreso Lakes, TX, topping out at $438,600.00 and the cheapest home in Progreso Lakes, TX, clocking in at $40,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Progreso Lakes, TX!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Progreso Lakes, TX, is on a rollercoaster ride. The average rent price in Progreso Lakes, TX, is $1,041.00. Indeed, when looking to rent in Progreso Lakes, TX, you can expect to pay as little as $480.00 or as much as $2,120.00, with the average rent median estimated to be $860.00. The good news is that finding an affordable and desirable property to rent in Progreso Lakes, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Progreso Lakes, TX area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Progreso Lakes, TX and much more. Save thousands at closing with home foreclosure listings in Progreso Lakes, TX — up to 75% off market value!
Progreso Lakes is located in Hidalgo, Texas, with an estimated municipal population of 291 residents. All of the best foreclosed homes for sale in Progreso Lakes are located in the following zip code areas on Foreclosure.com: 78579 78596. The estimated population per square kilometer (.62 miles) in Progreso Lakes is 53.
So, about how much do homes cost in Progreso Lakes? The most recent median value of resident-owned homes in Progreso Lakes is 248,437. An estimated 79 percent of households in Progreso Lakes own their homes, with an average family size of 4. The median household income in Progreso Lakes is 90,208, with43.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Progreso Lakes, the median commute time of resident workers (in minutes) is 30.5.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Progreso Lakes, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Progreso Lakes is 37.2, split between 57 percent male versus 43 female. The percentage of residents who report being married in Progreso Lakes is 67.4, with an average family size of 4.
The percentage of residents who report their race in Progreso Lakes is as follows:
|Black / African American||0.7%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Progreso Lakes? Or maybe you are searching for 55+ active adult communities in and/or near Progreso Lakes?
The percentage of residents who report their age in Progreso Lakes is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Progreso Lakes with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Progreso Lakes.
How do you know that living in -- or moving to -- Progreso Lakes is right where you need to be? Perhaps you grew up in Progreso Lakes or already live nearby; therefore, the decision to buy a home in Progreso Lakes is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Progreso Lakes for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Progreso Lakes:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Progreso Lakes.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Progreso Lakes can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Progreso Lakes, meanwhile, can field multiple offers from more qualified buyers.