1015 FM 1015 Hwy, Progreso, TX 78579
OFF MARKET

1015 FM 1015 Hwy
Progreso, TX 78579

  • Studio
  • 8 Baths
  • 4,440 sqft (on 0.37 acres)

$286,500

Trulia Estimate
as of May 30, 2026
Est. Refi. Payment $2,041/mo*
Refinance Your Home

$286,500

Trulia Estimate
as of May 30, 2026
Est. Refi. Payment $2,041/mo*
Refinance Your Home
Studio
8 Baths
4,440 sqft
(on 0.37 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Put your cash to work!

Cash flowing 8-plex for sale with great occupancy & opportunity to add value via remodel & force appreciation. Two units have W/D hookups, & adding the option to the rest would make these more desirable. Seven units are 2bed/1bath & one unit is a 1bed/1bath. New 30 year Owens Corning Architectural roof installed in August 2020. Seven units have brand new complete AC systems installed. One unit was remodeled (paint & flooring - $3,300) as a test & rents quickly for $650/mo. Trash is only $157.79/mo for a 6 yard container which serves all 8 units without overages. Current Gross income of $4,725/mo with one unit renting for $425 to original tenants. NET monthly income of $3,800. Currently @ 11.4% CAP rate. Cashflow is king!

Call Robert @ (956) 900 - 1930
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
No Info

Home Details for 1015 FM 1015 Hwy

Interior Features

Heating & Cooling
Heating: Forced Air, ElectricAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile
Appliances & Utilities
Refrigerator

Exterior Features

Exterior Home Features
Roof: CompositionExterior: WoodLawn
Parking & Garage
Parking Spaces: 16Parking: Off Street

Property Information

Year Built
Year Built: 1990
Property Type / Style
Property Type: Multi Family

Community

Units in Building: 8

Lot Information

Lot Area: 0.37 acres

Price History for 1015 FM 1015 Hwy

DatePriceEventSource
06/28/2023ListingRemovedN/A
04/11/2023$400,000PendingN/A
03/07/2023$400,000PendingToActiveN/A
03/02/2023$400,000PendingN/A
02/25/2023$400,000Listed For SaleN/A
08/04/2022ListingRemovedN/A
06/10/2022$400,000PendingToActiveN/A
03/17/2022$400,000PendingN/A
02/17/2022$400,000Listed For SaleN/A
07/02/2020--Sold
Greater McAllen AOR #326678
06/04/2020$149,000PendingAgent Provided
04/13/2020$149,000PendingToActiveAgent Provided
03/21/2020$149,000PendingAgent Provided
03/21/2020$149,000Listed For SaleAgent Provided
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Comparable Sales for 1015 FM 1015 Hwy

Address
Distance
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Sold Price
Sold Date
Bed
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1411 Oak, Weslaco, TX
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08/27/25
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09/18/25
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02/03/26
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2705 Woodpecker Rd, Weslaco, TX
2.40
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08/27/25
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605 Sparrow Rd, Weslaco, TX
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12/31/25
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2.40
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2.40
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Assigned Schools

These are the assigned schools for 1015 FM 1015 Hwy.
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What Locals Say about Progreso

At least 2 Trulia users voted on each feature.

  • 100 % Say car is needed

  • 100 % Say yards are well-kept

  • 100 % Say parking is easy

  • 75 % Say kids play outside

  • 60 % Say there's wildlife

  • 60 % Say streets are well-lit

  • 60 % Say there are community events

  • 60 % Say neighbors are friendly

  • 50 % Say it's dog friendly

  • 40 % Say they plan to stay for at least 5 years

  • 33 % Say there are sidewalks

  • 33 % Say there's holiday spirit

Sourced by Trulia users. Learn more about our methodology.
  • ancd
    "Lots of friendly dogs. Most homes are gated keeping their dogs inside their properties. The down side about Progreso is that there are a lot of stray dogs roaming the street and some are a danger to our pets."
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Apartments for Rent

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Homes for sale near 1015 FM 1015 Hwy

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Off Market Homes Near 1015 FM 1015 Hwy

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Homes for rent near 1015 FM 1015 Hwy

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1015 FM 1015 Hwy, Progreso, TX 78579 is a studio, 8 bathroom, 4,440 sqft multi-family built in 1990. This property is not currently available for sale. 1015 FM 1015 Hwy was last sold on Jul 2, 2020 for $0. The current Trulia Estimate for 1015 FM 1015 Hwy is $286,500.