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1609 Mignon Drive

Arlington, TX 76010 · View on map ↓

24Beds
24 + 8Baths
↓ $300,000 · Aug 28, 2026
$2,800,000
MLS# 21236538

Overview

24 / 24 + 8 / 16
Bed / Bath / Gar
—
Sq Ft
2022
Year Built
0.073 acres
Lot Size
202
CDOM
Residential Income
Type

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.

Mortgage Calculator

20% · $560,000
0%50%
Principal & Interest$14,158(89%)
Property Tax$598(4%)
Homeowner's Insurance (est.)$1,167(7%)
Est. Monthly Payment$15,923/mo
Est. Monthly$15,923

Estimate only — contact a lender for actual rates and terms.

Appliances
Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
Interior Features
Decorative Designer Lighting Fixtures, Double Vanity, Kitchen Island, Multiple Master Suites, Multiple Staircases, Open Floorplan, Walk In Closets
Flooring
Carpet, Laminate
Heating
Central, Electric
Cooling
Central Air, Ceiling Fans, Electric
Utilities
Electricity Connected, Sewer Available, Separate Meters, Water Available
Construction
Rock, Stone, See Remarks, Wood Siding
Roof
Shingle
Foundation
Slab
Patio / Porch
Front Porch
Pool
None
Levels
Three Or More
Garage Spaces
16
Attached Garage
Yes

Schools

Elementary
Johns (Arlington ISD)
Middle
Workman (Arlington ISD)
High
Sam Houston (Arlington ISD)

Price & Status History

DateEventPrice
8/28/2026Price change
Source: NTREIS #21236538
$2,800,000
5/20/2026Listed for sale
Source: NTREIS #21236538
$3,100,000

Nearby Properties

Listed by Alejandro Martinez Cansino · Only 1 Realty Group North Dallas
Source: NTREIS · MLS#: 21236538

Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of NTREIS. Real estate listings held by brokerage firms other than Sirka.com are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

© 2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.

$2,800,000
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