Courtesy of: Stacey Foster, Texas United Realty, stacey@staceyfosterteam.com
Courtesy of: Stacey Foster, Texas United Realty, stacey@staceyfosterteam.com
$150,000
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2 bed
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2.00 Bath (2 Full)
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|
Condominium
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$150,000
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.
Courtesy of: Stacey Foster, Texas United Realty, stacey@staceyfosterteam.com
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