12755 Mill Ridge Drive #217
Cypress, TX 77429
$150,000
Beds: 2
Baths: 2
Sq. Ft.: 1,080
Type: Condo
Listing #6849835
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.
Property Features
County: Harris
MLS Area: Cypress North
Latitude: 29.960331
Longitude: -95.59412
Subdivision: Regency Oaks Condo
Directions: Cypress N Houston to NORTH on Mill Ridge Dr, to LEFT into complex, to LEFT to Building B. Unit 217 is upstairs in the center of the building.
Room Descriptions: 10x9 Kitchen, 12x12 Bedroom, 16x15 Living Room, 16x15 Primary Bedroom, 3x3 Utility Room
Has Fireplace: Yes
Style: Traditional
Stories: 1
Is New Construction: No
Construction: Cement Siding, Wood Siding
Parking Description: Additional Parking, Assigned, Carport
Has a Pool: No
Lot Size in Acres: 0
Lot Size in Sq. Ft.: 170,159
Is One Story: Yes
School District: Cypress-Fairbanks
Elementary School: MILLSAP ELEMENTARY SCHOOL (CYPRESS-FAIRBANKS)
Middle School: HAMILTON MIDDLE SCHOOL (CYPRESS-FAIRBANKS)
High School: CYPRESS CREEK HIGH SCHOOL
Finance Available: Cash, Conventional
Property Type: CND
Property SubType: Condominium
Year Built: 1984
Status: Active
$ per month
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Listing Courtesy of: Texas United Realty
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HAR - Houston data last updated at December 31, 2025, 3:56 PM CT
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