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1609 Mignon Drive
Arlington TX 76010 US

$3,100,000

Active Listing ID 21236538
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24 bed
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32.00 Bath (24 Full , 8 Half)
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Lot: 0.07 Acres
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Other

$3,100,000

Active Listing ID 21236538
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1609 Mignon Drive 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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Property Features

  • Facts
  • Lot Size: 0.07 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 24
  • 1/2 Bathrooms: 8
  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Floor Covering: Carpet, Laminate
  • Roof Type: Shingle
  • Heating Fuels: Central, Electric (Heating)
  • Additional Features
  • Patio

School Information

  • School
  • Johns(Elementary)
  • Sam Houston(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 3100000
  • unparsedaddress: 1609 Mignon Drive
  • postalcity: Arlington
  • stateorprovince: TX
  • country: US
  • postalcode: 76010
  • bathroomsfull: 24
  • bathroomshalf: 8
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.073
  • lotsizeunits: Acres
  • lotsizearea: 0.073
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 32.717377
  • longitude: -97.078737
  • listagentfullname: Alejandro Martinez Cansino
  • listagentemail: Support@Only1RealtyGroup.com
  • listagentkey: 3yd-NTREIS-0790917
  • listagentmlsid: 0790917
  • listagentpreferredphone: (214) 560-0422
  • listofficekey: 3yd-NTREIS-O1RG01C
  • listofficemlsid: O1RG01C
  • disclaimer: Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NTREIS
  • yearbuilt: 2022
  • listagenturl: https://www.Only1RealtyGroup.com
  • countyorparish: Tarrant
  • parcelnumber: 42765810
  • elementaryschool: Johns
  • highschool: Sam Houston
  • elementaryschooldistrict: Arlington ISD
  • middleorjuniorschooldistrict: Arlington ISD
  • highschooldistrict: Arlington ISD
  • appliances: Dishwasher, ElectricRange, ElectricWaterHeater, Microwave, Refrigerator
  • cooling: Ceiling Fan(s), Central Air, Electric
  • constructionmaterials: Rock, Stone, WoodSiding
  • flooring: Carpet, Laminate
  • heating: Central, Electric (Heating)
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 16
  • parkingfeatures: Driveway
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: DecorativeDesignerLightingFixtures, DoubleVanity, KitchenIsland, MultipleMasterSuites, MultipleStaircases, OpenFloorplan, WalkInClosets
  • rooms: Bathroom 1, Bedroom 9, Bathroom 12, Bathroom 22, Bedroom 10, Bedroom 19, Bedroom 21, Bathroom 9, Bathroom 24, Bathroom 31, Bathroom 29, Bathroom 17, Bedroom 20, Bedroom 13, Bedroom 15, Bathroom 4, Bathroom 32, Bedroom 11, Bedroom 2, Bedroom 6, Bathroom 21, Bathroom 10, Bedroom 7, Bathroom 25, Bedroom 22, Bathroom 6, Bathroom 20, Bathroom 27, Bedroom 1, Bedroom 4, Bathroom 14, Bathroom 11, Bedroom 3, Bedroom 16, Bedroom 23, Bathroom 30, Bathroom 19, Bedroom 8, Bathroom 18, Bathroom 28, Bathroom 8, Bedroom 14, Bedroom 17, Bathroom 3, Bathroom 13, Bedroom 18, Bathroom 15, Bedroom 24, Bathroom 26, Bedroom 5, Bathroom 23, Bathroom 2, Bathroom 5, Bathroom 16, Bedroom 12, Bathroom 7
  • patioandporchfeatures: Porch
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -97.078735, 32.717377
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Only 1 Realty Group", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Support@Only1RealtyGroup.com", "ListBrokerageCity":"Richardson", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Support@Only1RealtyGroup.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Only 1 Realty Group", "ListBrokeragePhone":"(214) 560-0422", "ListBrokeragePostalCode":"75080", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":"Suite 220", "ListBrokerageUnparsedAddress":"2600 North Central Expressway", "ListBrokerageWebsiteUrl":"https://www.Only1RealtyGroup.com", "ListOfficeAddress1":" ", "ListOfficeAddress2":"Suite 220", "ListOfficeBrokerMlsId":"O1RG01C", "ListOfficeCity":"Richardson", "ListOfficeCountry":"US", "ListOfficeEmail":"support@only1realtygroup.com", "ListOfficePostalCode":null, "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Arlington, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1609-Mignon-Dr_Arlington_TX_76010_M93764-84696?f=listhub&s=NTREIS&m=21236538&c=rexren", "MLSModificationTimestamp":"2026-04-21 11:47:30", "Neighborhoods":[{"Description":null, "Name":"Plaza Heights Add"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":7171, "TaxDescription":"PLAZA HEIGHTS ADDITION BLOCK 13 LOT 2AR4", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/1/2020 12:00:00 AM GMT
Source Updated Date: 8/5/2026 12:36:28 PM GMT

Courtesy of: Alex JR Martinez Cansino, Only 1 Realty Group North Dallas, Support@Only1RealtyGroup.com

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.