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1609 Mignon Drive, Arlington, Texas– $2,800,000
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  • $2.8M Price
  • 24 Beds
  • 24.8 Baths
  • 16 Garages
  • .07 Acres
  • 2022 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • $2.8M Price
  • 24 Beds
  • 24.8 Baths
  • 16 Garages
  • .07 Acres
  • 2022 Year Built
  • Study
  • Game Room
  • Media
  • Pool

1609 Mignon Drive
Arlington, Texas 76010-4701

County: Tarrant Plaza Heights Add

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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Essential Information

  • Price$2,800,000
  • Reduced By$300,000
  • Cumulative Days on MarketUnlock
  • MLS® #21236538
  • Bedrooms24
  • Bathrooms24.80
  • Acres0.07
  • Year Built2022
  • Built Desc.Preowned
  • TypeResidential Income
  • Sub-TypeMultiple Single Units
  • StatusActive
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Property Details

School Information

Community

  • Address1609 Mignon Drive
  • SubdivisionPlaza Heights Add
  • CityArlington
  • CountyTarrant
  • StateTexas
  • Zip Code76010-4701
  • HOANone
  • FeaturesSidewalks, Other
  • UtilitiesCity Sewer, City Water, Curbs, Electricity Connected, Individual Water Meter, Sidewalk
  • Taxes7171

Amenities

  • Parking Spaces16
  • # of Garages16
  • GaragesAdditional Parking, Driveway

Interior

  • Interior FeaturesDecorative Lighting, Double Vanity, Kitchen Island, Multiple Staircases, Open Floorplan, Walk-In Closet(s), Second Primary Bedroom
  • FloorsCarpet, Laminate

Construction Details / Floorplan

  • Full Baths24
  • Half Baths8
  • RoofShingle
  • FoundationSlab
  • ConstructionRock/Stone, Wood, See Remarks

Energy Efficiency / Green Features / Heating & Cooling

  • HeatingCentral, Electric

Private Listing Information (Registration Required)

Listing Details

  • AgentAlejandro Martinez Cansino
  • OfficeOnly 1 Realty Group North Dallas

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Listing information last updated on October 15th, 2026 at 6:31am CDT.