1609 Mignon Drive
Arlington, TX 76010
Listing courtesy of Alejandro Martinez Cansino, Only 1 Realty Group North Dallas
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.
Schools
- Elementary
- Johns
- High
- Sam Houston
School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.
Property details
- MLS #
- 21236538
- Property Type
- ResidentialIncome
- Status
- Active
- County
- Tarrant
- Subdivision
- Plaza Heights Add
- Lot Size
- 3,179.88 sqft
- Garage
- 16-car
- HOA Dues
- None
- Annual Taxes
- $7,171
- Days on Market
- 10 days
- Listed
- Apr 11, 2026
- Price per Sqft
- —
Estimate your monthly payment
Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.
- Principal & interest
- $16,500
- Property taxes
- $598
- Homeowner's insurance (est.)
- $904
Based on a 30-year fixed loan. Talk to a lender for an accurate quote.