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$1,850

12755 Mill Ridge Dr Apt 905, Cypress, TX, 77429

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,215 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.52 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Refrigerator, Dishwasher
FlooringLaminate

Building Information

Year Built2001
Garage Spaces1

Land Information

APN1216440020002
SubdivisionRegency T/H Condo Ph Iii 3 Amd
Land UseResidential
Legal DescriptionUNIT 905 .02795 INT COMMON LAND & ELE REGENCY T/H CONDO PH III 3 AMD
Census Tract552304
Assessed Land Value$34,537
Assessed Improvement Value$147,238
Assessment Year2025

About this property

Welcome to this beautifully renovated condo with laminated wood-like flooring, ceiling fans in every room, and a cozy fireplace. Enjoy updated lighting fixtures, paint, and quartz countertops throughout. The spacious primary room features a walk-in closet, tub, and standing glass shower. Plus the refrigerator is included for your convenience. With 2 private parking spaces just steps from your front door.

Investor Tools

$75,339Estimated Mortgage Balance
$107,025Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,091 /month
Positive
Cash Flow Estimate:
$364 /month

Interested in this property?

Maritza Aleman

Realm Real Estate Professionals - Katy

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$162/month
$330/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,033
$181,775
2025
$34,537
$147,238
$181,775
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,033
$181,775

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Royal United Mortgage Llc
Conventional
$93,615
No
First
Jan 6, 2017
Feb 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$75,339
$106,661
58%
41%
$562/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$892/mo
+$748/mo
10.8%

City: Cypress