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1609 Mignon Dr

Arlington, TX 76010
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Just listedJust listed
24 Bedroom(s)
24 Full & 8 Half Bath(s)
0.07 Lot Acres
Multi-Family - 5 Plus

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Description

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.

MLS#
NTREIS-21236538
List Price
$3,100,000
Listing Status
For Sale
Address
1609 Mignon Dr
City
Arlington
State
TX
Zip Code
76010
County
Tarrant County
Subdivision
Plaza Heights Add
Legal Description
PLAZA HEIGHTS ADDITION BLOCK 13 LOT 2AR4
Property Type
Multi-Family - 5 Plus
Bedroom
24 Bedroom(s)
Bath
24 Full & 8 Half Bath(s)
Garages
16 / Attached
Stories
3
Year Built
2022 /Appraisal District
Lot Size
0.07 Lot Acres/BUILDER

Exterior

Roof
Shingle
Foundation
Slab
Private Pool
No
Exterior Type
Rock/Stone, Wood, See Remarks
Parking
Additional Parking, Driveway
Parking Space
Garage 16 / Carport 0 / Total Covered 0
Porch
Front Porch
Utility
City Sewer,City Water,Curbs,Electricity Connected,Individual Water Meter,Sidewalk

Interior

Floors
Carpet, Laminate
Cooling
Central Air, Electric
Heating
Central, Electric
Appliances
Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
Interior
Decorative Lighting, Double Vanity, Kitchen Island, Multiple Staircases, Open Floorplan, Walk-In Closet(s), Second Primary Bedroom

Extra details you may need to know

Community Features
Sidewalks,Other

Lot Information

Lot Size
0.07 Lot Acres /BUILDER
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

North Texas Real Estate Information Systems, Inc.
Source last updated Apr 16, 2026 at 11:00 AM
Listing last updated Apr 16, 2026 at 08:48 AM
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Know the property tax history and market value

Cost/Sqft based on tax value

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Create and estimate your monthly mortgage payment and property taxes based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
$-----
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Assigned schools

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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

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Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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