12755 Mill Ridge Drive #217, Houston, Texas 77429
$150,000
2 Beds
2 Full Baths
Townhouse/Condo
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About 12755 Mill Ridge Drive #217
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.
Highlights
12755 Mill Ridge Drive #217
$150,000
Townhouse/Condo
1,080 Home Sq Ft
Houston 77429
2 Beds
2 Full Baths
General Description
Taxes & Fees
Tax ID
115-657-002-0012
Tax Rate
2.2448%
Taxes w/o Exemption/Yr
$3,129 / 2025
Maint Fee
Yes / $497 Monthly
Maintenance Includes
Clubhouse, Common Grounds, Garbage Service, Lawn Care, Water and Sewer
Interior Features
Fireplace
1
Heating
Electric
Cooling
Gas
Appliances
Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Full Size, Microwave, Refrigerator, Washer/Dryer Stacked
Dishwasher
Yes
Range
No
Disposal
Yes
Microwave
Yes
Interior
Split Plan
Loft
No
Exterior Features
Foundation
Slab
Roof
Composition
Exterior Type
Cement Siding, Wood Siding
Private Pool
No
Area Pool
Yes
New Construction
No
Listing Firm
Texas United Realty
Schools
| Name | Grade | Great School Ranking |
|---|---|---|
| Millsap Elem (Cy-Fair) | Elementary | 5 of 10 |
| Hamilton Middle (Cy-Fair) | Middle | 8 of 10 |
| Cypress Creek High | High | 5 of 10 |
School information is generated by the most current available data we have. However, as school boundary maps can change, and schools can get too crowded (whereby students zoned to a school may not be able to attend in a given year if they are not registered in time), you need to independently verify and confirm enrollment and all related information directly with the school.
