1609 Mignon Dr, Arlington, TX 76010

$2,800,000
24
BD
32
BA

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List Price
$2,800,000
Status
ACTIVE
MLS#
21236538
Price Change
▼ $300,000 1787968428
Bedrooms
24
Bathrooms
32
Lot Size
3,179

Property 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.

Additional Information

Taxes
$7,171
Year Built
2022
Garage Spaces
16
Parking Spaces
16
Interior Features
Decorative Designer Lighting Fixtures, Double Vanity, Kitchen Island, Multiple Primary Suites, Multiple Staircases, Open Floor Plan, Walk-In Closet(s)
Roof
Shingle
Appliances
Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
School District
Arlington Isd
Elementary School
Johns
High School
Sam Houston
Middle School
Workman
Sewer
Public Sewer
Street Name
Mignon Dr
Street Number
1609
Water
Public
Acres
0.07
County
Tarrant
Foundation
Slab
Heating
Central, Electric

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Calculator source: Real Geeks

Listing courtesy of Alejandro Martinez Cansino from Only 1 Realty Group North Dallas. Contact: 214-560-0422

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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