Real Estate Investing in Progreso, Texas
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Should you buy in Progreso, TX? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
- High vacancy: 16.8% of homes vacant — above national norms.
- Elevated poverty: 64.5% poverty rate — can affect rent collection.
- Lower household income: $27,941 median — tenant affordability is tighter.
What’s happening in Progreso, TX?
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Market Trends — Progreso, TX
Home Value History
Investing in Progreso Real Estate
This is a distressed-leaning corner of Texas: Progreso has 1 ZIPs and a sizable population, and the investment math only works for investors who truly understand the market.
The investment case for Progreso is difficult to make on screen data alone. a stretch for a 3.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.
Rents in Progreso at $936/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.
A an established population with $N/AK household income profile is what makes Progreso a challenging rental market — the tenant base is present, but the affordability math is tight.
Best ZIP codes in McAllen-Edinburg-Mission, TX
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ZIP Codes in Progreso, TX
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View PlansFrequently Asked Questions About Progreso, TX
What strategy should investors use in Progreso, TX?
Most investors in Progreso, TX run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Are rents high in Progreso, TX?
Rental rates in Progreso, TX average $936/mo. Tenant demand and $129K home values make the yield look reasonable by investor standards.
What is the median home value in Progreso, TX?
Progreso, TX home values average about $129K. That price point suits investors targeting rentals with $936/mo in monthly income.
How do landlord-tenant laws work in Progreso, TX?
Landlord-friendliness in Progreso, TX is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What are vacancy rates like in Progreso, TX?
Progreso, TX carries elevated vacancy risk. Expect steady absorption at market rents of $936/mo.
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