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B+
NoAgentList RatingHow are grades calculated? Info

$397,158

12915 Mill Ridge Dr, Cypress, TX, 77429

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths2,964 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.01 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Laminate

Exterior

Lot Size10,280 sqft

Building Information

Year Built1999
Garage Spaces2

Land Information

APN1195890010009
Lot Number9
SubdivisionRegency Forest Amend
Land UseResidential
Legal DescriptionLT 9 BLK 1 REGENCY FOREST AMEND
Census Tract552304
Assessed Land Value$82,464
Assessed Improvement Value$314,694
Assessment Year2025

About this property

Quaint small neighborhood zoned to highly rated CyFair ISD. Great location, easy access to IAH via 249 to MULTIPLE OFFERS RECEIVED. Beltway 8. Tons of upgrades throughout including; upgraded flooring, new carpet upstairs, new paint on walls and trim, all light fixtures upgraded. The kitchen has a new single bowl sink, commercial style Kraus faucet, upgraded 6 ft island with pine beadboard, Quartz countertops, all stainless steel appliances, new garbage disposal. Bathroom fixtures updated throughout. New ceiling fans, tray ceiling in Family Room, and Formal Dining room. Updated primary bathroom with deep soaker tub, and a large walk-in closet. Brand new roof with a GAF 50 year Warranty. Both complete a/c and heating systems were replaced in late 2020. New fence in mid-2021. New Water Heater mId 2021. The backyard is perfect for entertaining with a large patio that extends across the entire back of the house and a wood deck and 8x8 spa. Deadline for Offers is Sun Feb 13, 2022 at 6pm.

Investor Tools

Property Icon
$397,158
Estimated Property Value
$336,000Estimated Mortgage Balance
$87,450Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$405/month
$440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,880
$397,158
2025
$82,464
$314,694
$397,158
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,880
$397,158

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$336,000
No
First
Mar 14, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$309,708
$87,450
22%
78%
$2,015/mo

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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12915 Mill Ridge Dr | Property Details | No Agent List