Home Insurance in Progreso Lakes, Texas
Homes in Progreso Lakes carry a median value of $219,700 - 56% higher than the Hidalgo County median.
The typical home in Progreso Lakes was built around 1988. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 25% of homes were built before 1960, about 21 points above Hidalgo County's 4%.
In Progreso Lakes, the housing stock is 100% single-family homes.
40% of owner-occupied homes in Progreso Lakes carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Progreso Lakes has an owner-occupancy rate of 89% and a vacancy rate of 10%; unoccupied homes typically need a different coverage form.
95% of homes in Progreso Lakes are primarily heated with electricity.
What's the biggest home insurance risk near Progreso Lakes? FEMA's National Risk Index points to hurricane (Very High) in Hidalgo County and Hidalgo County had 9,570 active NFIP flood policies as of September 2026. See the full Hidalgo County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Texas, the statewide average premium for a standard HO-3 homeowners policy is $2,864 per year (NAIC, 2023 data).
Key figures
| Median home value | $219,700 |
|---|---|
| Median year built | 1988 |
| Owner-occupied share | 89% |
| Share of owner-occupied homes with a mortgage | 40% |
| Top county hazard | Hurricane (Very High) |
| Active NFIP policies in Hidalgo County | 9,570 |
| Home insurance premium | $2,864 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)