1609 Mignon Drive, Arlington, TX 76010
Local realty services provided by:Better Homes and Gardens Real Estate Winans
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:200 day(s) ago
- Updated:November 03, 2026 at 01:27 PM
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
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