Progreso Lakes, TX Foreclosures
How much do homes sell for in Progreso Lakes, TX?
The average home price is currently $238,975.
What’s the average rental cost in Progreso Lakes, TX?
The average rental price in Progreso Lakes is $1,025.
What is the most expensive home in Progreso Lakes?
The most expensive home sold in Progreso Lakes had a price of $693,006.
What is currently the cheapest priced home in Progreso Lakes, TX?
The cheapest home for sale in Progreso Lakes is priced at $40,796.
Living in Progreso Lakes, TX
Progreso Lakes, Texas, offers a charming, serene environment with a strong sense of community. Perfectly situated near the Rio Grande River, this small town provides easy access to outdoor activities and amenities. Its friendly atmosphere and family-centric neighborhoods make it a prime location for homebuyers seeking tranquility and connection.
Current Market Conditions in Progreso Lakes, TX
The real estate market in Progreso Lakes is currently experiencing a period of stability with a balanced demand and supply. Prices have been moderately steady, attracting both first-time buyers and investors. Homes in this area are generally more affordable compared to nearby larger cities, contributing to an increased interest in the local market.
In recent months, Progreso Lakes has seen a gradual increase in home listings as new developments begin to emerge. The community's appeal lies in its blend of natural beauty and accessibility, making it well-suited for families and retirees alike. As more residents discover the charm of Progreso Lakes, the market is expected to continue a slow, steady growth.
Home Value Estimator For Progreso Lakes, TX
There are currently 55 real estate properties
in Progreso Lakes, TX,
with a median automated valuation model (AVM) price
of $162,469.00. 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 $238,975.00, with the most expensive house
in Progreso Lakes, TX, topping out
at $693,006.00 and the cheapest home
in Progreso Lakes, TX,
clocking in at $40,796.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Progreso Lakes, TX!
Rent Prices
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 $1,025.00. Indeed, when looking to rent in
Progreso Lakes, TX, you can expect to pay as little
as $470.00 or as much
as $2,120.00,
with the average rent median estimated to
be $810.00. 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.
Learn more on Foreclosure homes
