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12755 Mill Ridge Drive #217, Cypress, TX 77429

Local realty services provided by:CENTURY 21 Tevas
12755 Mill Ridge Drive #217,Cypress, TX 77429
$150,000
  • 2 Beds
  • 2 Baths
  • 1,080 sq. ft.
  • Condominium
  • Active
Listed by: stacey foster
Office: texas united realty
MLS#:6849835
Source:HARMLS

Price summary

  • Price:$150,000
  • Price per sq. ft.:$138.89
  • Monthly HOA dues:$497

About this home

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.

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Home facts

  • Year built:1984
  • Listing ID #:6849835
  • Updated:December 31, 2025 at 12:48 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,080 sq. ft.

Heating and cooling

  • Cooling:Central Air, Gas
  • Heating:Central, Electric

Structure and exterior

  • Roof:Composition
  • Year built:1984
  • Building area:1,080 sq. ft.

Schools

  • High school:CYPRESS CREEK HIGH SCHOOL
  • Middle school:HAMILTON MIDDLE SCHOOL (CYPRESS-FAIRBANKS)
  • Elementary school:MILLSAP ELEMENTARY SCHOOL (CYPRESS-FAIRBANKS)

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$150,000
  • Price per sq. ft.:$138.89
  • Tax amount:$3,129 (2025)
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