1609 Mignon Drive, Arlington, TX 76010

Arlington
Local realty services provided by:ERA Newlin & Company
1609 Mignon Drive,Arlington, TX 76010
$2,800,000
Virtual Tour
  • 24 Beds
  • 32 Baths
  • 2,250 sq. ft.
  • Multi-family
  • Active
Listed by: alejandro martinez cansino
Office: only 1 realty group north dallas
MLS#:21236538
Source:GDAR

Price summary

  • Price:$2,800,000
  • Price per sq. ft.:$1,244.44

About this home

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.

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Home facts

  • Year built:2022
  • Subdivision & Development:Plaza Heights Add
  • Listing ID #:21236538
  • Added:153 day(s) ago
  • Updated:September 17, 2026 at 11:55 AM

Rooms and interior

  • Bedrooms:24
  • Total bathrooms:32
  • Full bathrooms:24
  • Half bathrooms:8
  • Flooring:Carpet, Laminate
  • Kitchen Description:Dishwasher, Electric Range, Microwave, Refrigerator
  • Living area:2,250 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Year built:2022
  • Building area:2,250 sq. ft.
  • Lot area:0.07 Acres
  • Construction Materials:Stone, Wood Siding
  • Foundation Description:Slab

Schools

  • High school:Sam Houston
  • Middle school:Workman
  • Elementary school:Johns

Finances and disclosures

  • Price:$2,800,000
  • Price per sq. ft.:$1,244.44
  • Tax amount:$7,171

Features and amenities

  • Appliances:Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator

Parking

  • Total parking spaces:16
  • Garage:Yes
  • Garage spaces:16
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated September 17, 2026 Listings with the NTREIS logo are listed by brokerages other than ERA Newlin & Company.

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