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$116,000

NAL Estimated Property Value

12755 Mill Ridge Dr Apt 414, Cypress, TX, 77429

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths768 Sq Ft
price_per_sqft$156.12 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

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, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer, Refrigerator
FlooringLaminate

Exterior

Exterior FeaturesBalcony, Playground

Building Information

Year Built1984

Land Information

APN1156570040012
SubdivisionRegency Oaks Condo
Land UseResidential
Legal DescriptionUNIT 414 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

Cozy, cash-flowing, two story, 1 bedroom 1.5 bath condo zoned to the exemplary CFISD! This unit offers an open concept living area complete with a living room w/wood laminate flooring, fireplace, dining area, breakfast bar, study nook, and covered patio with storage closet. The 2nd floor loft/bedroom area has two huge walk in closets, high ceilings, wood laminate floors, and another covered patio. Fridge, washer, dryer, basic cable, water and trash included in HOA. (1) covered parking space and sparkling pool steps away from this corner unit! Water heater - 2021.

Investor Tools

Property Icon
$116,000
Estimated Property Value
$0Estimated Mortgage Balance
$116,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$719 /month
Positive
Cash Flow Estimate:
$240 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$118/month
$333/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$837
$103,600
2025
$19,684
$83,916
$103,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$837
$103,600

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$115,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$333/mo
+$1,037/mo
14.2%

City: Cypress

12755 Mill Ridge Dr Apt 414 | Property Details | No Agent List