1609 Mignon Dr

Arlington, TX 76010
  • $3,100,000

    Price
  • 24

    Bed
  • 28

    Bath
  • 2,250

    SqFt

About the Listing O1RG01C - 0790917

This high-performing 8-unit portfolio offers a rare turn-key opportunity for investors seeking modern reliability and significant upside in the booming North Texas market. Built in 2022, the property promises a low-maintenance ownership experience with nearly new systems and premium finishes that command top-tier market rents. While currently 7 of the 8 units are leased for immediate cash flow, achieving full occupancy elevates the asset to a strong Cap Rate. Strategically positioned to capitalize on the region’s massive growth, this investment is perfectly timed for the upcoming 2026 World Cup, which is set to bring nine matches—including a major semi-final—to nearby Arlington. With a projected multi-billion-dollar economic impact and a surge in global demand for the area, this portfolio represents a sophisticated hedge against inflation and a play for significant long-term appreciation in one of the most resilient real estate corridors in the country.

Listing Highlights

Status Active
Days on Site 126
Property Type Multi-Family
MLS ® 21236538
Year Built 2022
Total Square Footage 2,250
Lot/Acreage 0.07
County Tarrant
Neighborhood Plaza Heights Add
School District Arlington ISD
Elementary School Johns
High School Sam Houston

Interior Details

  • Bedrooms: 24
  • Bathrooms: 24 Full / 8 Half
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Air Cond: Ceiling Fan(s),Central Air,Electric
  • Heating: Central,Electric
  • Fireplaces: 0
  • Floor: Carpet,Laminate
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Decorative Lighting,Double Vanity,Kitchen Island,Multiple Staircases,Open Floorplan,Walk-In Closet(s),Second Primary Bedroom
  • Water:

Exterior Details

  • Lot Description: .5 to < 1 Acre
  • Garage Capacity: 16 car
  • Parking Spaces: 16
  • Lot Dimensions: .8
  • Roof: Shingle
  • Others: Preowned
  • Sewer:
  • Parking Features: Additional Parking,Driveway

Financial Details

  • Tax Amount: $7,171
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 42765810
  • Tax Year: N/A

Payment Calculator

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1609 Mignon Dr Arlington, TX 76010

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Amy Downs

Expansion Partner | Team Leader | ADT Property Partners | DHS Realty

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