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$125,000

NAL Estimated Property Value

12755 Mill Ridge Dr Apt 404, Cypress, TX, 77429

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths768 Sq Ft
price_per_sqft$175.65 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer/Dryer Stacked, Washer
FlooringLaminate, Tile, Wood

Exterior

Exterior FeaturesBalcony, Storage, Courtyard

Building Information

Year Built1984

Land Information

APN1156570040003
SubdivisionRegency Oaks Condo Ph Ii
Land UseResidential
Legal DescriptionUNIT 404 BLDG D .99 U/D INT COMMON LAND & ELE REGENCY OAKS CONDO PH II
Census Tract552304
Assessed Land Value$19,684
Assessed Improvement Value$83,916
Assessment Year2025

About this property

Welcome home to Regency Oaks!!This one-bedroom loft has many upgrades. Open concept living room and kitchen perfect for entertaining. New kitchen appliances, 1/2 guest bath, laundry closet and screened in patio with storage closet complete on the first floor. Upstairs you will find a large loft perfect for a home office with ensuite bathroom and balcony to enjoy your morning coffee, Plenty of parking for you and your guests. Community clubhouse and pool. Complex allows dogs 25lbs or less and no aggressive breeds. This one won't last long, make your appointment today.

Investor Tools

Property Icon
$125,000
Estimated Property Value
$99,774Estimated Mortgage Balance
$25,226Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$809 /month
Positive
Cash Flow Estimate:
$270 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$119/month
$346/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$798
$103,600
2025
$19,684
$83,916
$103,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$798
$103,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New City Mortgage Llc
Conventional
$104,000
No
First
Feb 28, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$99,774
$25,226
20%
80%
$624/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$970/mo
+$400/mo
13.2%

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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