Commercial Real Estate Market in Progreso Lakes, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
8 active listings and 13 off-market properties in Progreso Lakes, TX.
Market Trends
Progreso Lakes, TX spans 40.1 square miles in Hidalgo County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Progreso Lakes, TX asks $195/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Progreso Lakes, TX asks $164/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Progreso Lakes, TX runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Progreso Lakes, TX asks $111/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Market overview
Demographics & Economy
Progreso Lakes, TX has 37,329 residents in 15,824 households. Density runs 931 people per square mile. Median household income here is $53,797 and median gross rent $917 a month.
37,329
Population
15,824
Households
2.4
Avg Household Size
36
Median Age
21%
College-Educated
75%
High-School Grad
40.1 sq mi
ZIP Area
931
Density / Sq Mi
$53,797
Median Household Income
$31,618
Median Earnings
$917
Median Rent
$92,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Weslaco | $141 (county avg) | $19.49 |
| Donna | $141 (county avg) | $11.17 |
| Mercedes | $141 (county avg) | $11.92 |
| Thayer | $141 (county avg) | — |
Commercial property in Progreso Lakes, TX asks $141/SF. The 4 bordering markets run from $141/SF in Weslaco to $141/SF in Weslaco, and the city sits in line with their $141/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Progreso Lakes?
Commercial property in Progreso Lakes, TX asks an average of $141 per square foot. Office carries the highest asking price at $195/SF.
How does Progreso Lakes compare to nearby markets on price?
Progreso Lakes, TX asks $141/SF against $141/SF in Weslaco, $141/SF in Donna, $141/SF in Mercedes and $141/SF in Thayer.
Methodology & data sources
- Asking prices and averages
- Computed from 8 active for-sale and 0 active for-lease listings in Progreso Lakes, TX. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
