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B+
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$144,661

12755 Mill Ridge Dr Apt 309, Cypress, TX, 77429

Off MarketInfo
Beds2 Beds
Baths4 Bath
Baths1,122 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.49 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Electric Range, Dryer, Washer/Dryer Stacked, Washer, Dishwasher, Oven, Refrigerator
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1984

Land Information

APN1156570030008
SubdivisionRegency Oaks Condo Ph Ii
Land UseResidential
Legal DescriptionUNIT 309 BLDG C 1.48 U/D INT COMMON LAND & ELE REGENCY OAKS CONDO PH II
Census Tract552304
Assessed Land Value$27,486
Assessed Improvement Value$117,175
Assessment Year2025

About this property

Beautifully renovated unit featuring 2 large bedrooms, each with a private bathroom, vanity and closet, large balcony with storage, nicely appointed kitchen with pantry, hard floors throughout. Tall ceilings, lots of natural light and ample storage! Unit includes washer/dryer and refrigerator. Quiet community with easy access to Jones Road, 249, Beltway and Grand Parkway! CFISD schools. This one is move-in ready!

Investor Tools

Property Icon
$144,661
Estimated Property Value
$0Estimated Mortgage Balance
$144,661Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$868 /month
Positive
Cash Flow Estimate:
$289 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$157/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,160
$144,661
2025
$27,486
$117,175
$144,661
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,160
$144,661

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$144,661
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
N/A
+$1,640/mo
13.6%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Cypress

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12755 Mill Ridge Dr Apt 309 | Property Details | No Agent List