1609 Mignon Drive
Arlington, Texas 76010
24
Bed
32
Bath
0.07Acre(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 24Bathroom Information
Total Baths: 24.5 Full Baths: 24 Half Baths: 8 -
Interior Features
Decorative Lighting,Double Vanity,Kitchen Island,Multiple Staircases,Open Floorplan,Walk-In Closet(s),Second Primary BedroomAppliances
Dishwasher,Electric Range,Electric Water Heater,Microwave,RefrigeratorUtilities
City Sewer,City Water,Curbs,Electricity Connected,Individual Water Meter,Sidewalk -
Cooling Features
Ceiling Fan(s),Central Air,ElectricHeating Source
Central,ElectricFireplace
Number of Fireplaces: 0
-
Building Information
Built Year: 2022 Building Area Total: 2,250 Construction: Rock/Stone,Wood,See Remarks Roof Type: Shingle -
Foundation
Slab -
Patio And Porch
Front PorchConstruction Materials
Rock/Stone,Wood,See Remarks
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Lot Information
Lot Size (Acr): 0.0730 Lot Size Units: Acres Lot Size Square Feet: 3,180 Lot Size Source: Builder -
Property Information
Property Type: Residential Income Property Sub Type: Multiple Single Units Subdivision: Plaza Heights Add City: Arlington State: Texas Directions: Turn right onto E Park Row Dr, Turn left onto New York Ave, Turn left onto Kimberly Dr, Turn right Property Status: Active Levels: Three Or More Property Age: 4 Year Built Details: Preowned
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Listing Price Information
Original List Price: $3,100,000 -
Listing Information
Possession: Closing/Funding,Lease Outstanding
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Tax Information
Parcel Number: 42765810 Tax Block: 13 Tax Legal Description: PLAZA HEIGHTS ADDITION BLOCK 13 LOT 2AR4 Unexempt Taxes: $7,171
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Parking Information
Has Garage Garage Space: 16 Carport Spaces: 0 Parking: 16 Parking Features: Additional Parking,Driveway -
Homeowners Association Information
HOA Type: None
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School Information
Elementary School: Johns High School: Sam Houston Junior High School: Workman School District: Arlington ISD -
Utility Information
Utilities: City Sewer,City Water,Curbs,Electricity Connected,Individual Water Meter,Sidewalk
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1602 Marie Terrace, Arlington, TX, 76010 | $325,000 | 4 | 2 | 3,064 | 3,064 SqFt |
| 2406 Hollandale Circle, Arlington, TX, 76010 | $415,000 | 4 | 4 | 2,244 | 2,244 SqFt |
| 2316 Gilbert Circle, Arlington, TX, 76010 | $340,000 | 4 | 3 | 1,832 | 1,832 SqFt |
| 407 Roberts Circle, Arlington, TX, 76010 | $179,000 | 3 | 2 | 1,352 | 1,352 SqFt |
| 503 Harriett Street, Arlington, TX, 76010 | $280,000 | 3 | 2 | 1,520 | 1,520 SqFt |
| 405 Harriett Street, Arlington, TX, 76010 | $289,999 | 4 | 2 | 2,041 | 2,041 SqFt |
| 2211 Cloverdale Street, Arlington, TX, 76010 | $240,000 | 4 | 2 | 1,431 | 1,431 SqFt |
| 2136 Ridgeway Street, Arlington, TX, 76010 | $325,000 | 7 | 2 | 1,443 | 1,443 SqFt |
| 2127 E Mitchell Street, Arlington, TX, 76010 | $225,000 | 3 | 2 | 1,146 | 1,146 SqFt |
| 2116 Marilyn Lane, Arlington, TX, 76010 | $249,900 | 4 | 2 | 1,365 | 1,365 SqFt |
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ByOwner last updated this listing 06/09/2026 @ 16:07
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