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$144,000

NAL Estimated Property Value

12755 Mill Ridge Dr Apt 616, Cypress, TX, 77429

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths3 Bath
Baths1,200 Sq Ft
price_per_sqft$1.33 / sqft
Year BuiltBuilt in 1984

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1984

Land Information

APN1156570060012
SubdivisionRegency Oaks Condo Ph Ii
Land UseResidential
Legal DescriptionUNIT 616 BLDG F 1.59 U/D INT COMMON LAND & ELE REGENCY OAKS CONDO PH II
Census Tract552304
Assessed Land Value$27,292
Assessed Improvement Value$116,352
Assessment Year2025

About this property

Beautiful and well-kept condo in a quiet and green Regency Oaks subdivision for lease. Spacious living room and dining, a fireplace, cozy kitchen with all appliances included. Half bath is conveniently located on the first floor. Primary and secondary bedrooms, and two bathrooms are upstairs. Carpet on the stairs only, tile on the first floor and vinyl wood plank floors in both bedrooms. Enjoy the tranquility right in the middle of Cypress, with easy access to 249 and 290, shopping and restaurants nearby, public library within walking distance, park across the street. Zoned to award-winning Cy-Fair ISD schools. *Washer/dryer installed after photos were taken* PETS UNDER 25Lb per HOA RULES.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$149/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,063
$143,644
2025
$27,292
$116,352
$143,644
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,063
$143,644

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$143,644
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
13.7%

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.

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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 616 | Property Details | No Agent List