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$140,000

NAL Estimated Property Value

12755 Mill Ridge Drive 311, Cypress, TX, 77429

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths2 Bath
Baths1,080 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.25 / sqft
Year BuiltBuilt in 1984

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Dishwasher, Washer
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesBalcony, Courtyard

Building Information

Year Built1984

Land Information

APN1156570030010
SubdivisionRegency Oaks Condo Ph Ii
Land UseResidential
Legal DescriptionUNIT 311 BLDG C 1.36 U/D INT COMMON LAND & ELE REGENCY OAKS CONDO PH II
Census Tract552304
Assessed Land Value$24,002
Assessed Improvement Value$102,324
Assessment Year2025

About this property

Welcome to Regency Oaks!! This Cute 2 Bedroom, 2 Bathroom Condo in Cypress, TX. This Unit is located on the second floor right across from the community pool. spacious living room with high ceilings, fireplace, and patio access. kitchen has lots of counter top and cabinet space. Large patio space overlooking the pool and outside storage closet. This property comes with one covered parking space, basic cable, water, garbage pick-up, washer/dryer/refrigerator.No aggressive breed dogs, must be less than 25 lbs.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$152/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,126
$126,326
2025
$24,002
$102,324
$126,326
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,126
$126,326

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$140,000
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
14.1%

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 Drive 311 | Property Details | No Agent List