$150,000

12755 Mill Ridge Drive 217, Cypress, TX 77429

  • 2 beds |
  • 2 baths |
  • 1,080 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 1984
  • Property Lot Size Icon3.91acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $139/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Turnkey Investor Opportunity – Tenant Occupied Through 10/31/26 Welcome to 12755 Mill Ridge Dr #217, Cypress, TX 77429, a tenant-occupied condo offering immediate, stable rental income from day one. The current lease is in place through October 31, 2026, making this an ideal buy-and-hold investment with predictable cash flow. This unit features a functional layout that remains in strong demand with tenants seeking low-maintenance living. The HOA manages exterior maintenance and common areas, helping investors control long-term operating costs. The property benefits from excellent access to Hwy 290, major employment centers, shopping, dining, and area amenities, supporting continued rental demand and long-term appreciation in the Cypress market. Perfect for investors looking for passive income, portfolio diversification, or a 1031 exchange replacement property. No immediate leasing or vacancy risk. Please do not disturb tenant. Showings by appointment only.

Listing Status:
Active
Date Added:
December 30, 2025 at 06:00AM
Listing Office:
Texas United Realty : 832-237-9200
Listing Agent:
Stacey Foster : 1+713-705-7837
MLS ID:
6849835
  • General: Split Plan
  • Rooms: 1 Living Area
  • Appliances: DisposalElectric OvenMicrowaveElectric RangeDryerFull SizeRefrigeratorWasher/Dryer StackedDishwasher
  • A/C: Gas
  • Heating: Electric
  • Fireplace: Wood BurningFireplaceFireplaces: 1
  • Style: Traditional
  • Parking: Additional ParkingAssignedCarport
  • Roofing: Composition
  • General: Cement SidingWood Siding1Slab
  • HOA Amenities: 497.0Monthly
  • Originating MLS: Houston Association of Realtors
  • School District: 13 - Cypress-Fairbanks
  • County: Harris
  • Zoning: UNIT 217 BLDG B 1.39 U/D INT COMMON LAND & ELE REGENCY OAKS1156570020012
  • Water: Water District
  • Source: Houston Association of Realtors

This listing courtesy of Stacey Foster, Texas United Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Moore Elementary School

13734 Lakewood Forest Dr, Houston, TX, 77070

Grades PK-5

1.29 miles away

B

Bleyl Middle School

10800 Mills Rd, Houston, TX, 77070

Grades 6-8

0.81 miles away

C

Cypress Creek High School

9815 Grant Rd, Houston, TX, 77070

Grades 9-12

1.78 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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12755 Mill Ridge Drive 101, Cypress, TX 77429
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$139,999

  • 2 bed |
  • 2 bath |
  • 1,122 sqft |
  • 0.83 acre lot
12755 Mill Ridge Drive 101 Cypress, TX 77429

#42080180 - Texas United Realty