1609 Mignon Drive, Arlington, Texas 76010
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$3,100,000 USD

Multi Family Home for Sale, 1609 Mignon Drive, Arlington, Texas 76010

  • MLS#21236538
  • 24
  • 32

Listed By Only 1 Realty Group North Dallas

The Multi Family Home for Sale located at 1609 Mignon Drive, Arlington, Texas 76010 is currently for sale. 1609 Mignon Drive, Arlington, Texas 76010 is listed for $3,100,000. This property has 24 bedrooms, 32 bathrooms.

Date Updated : Apr 22, 2026
Alejandro Martinez Cansino
Only 1 Realty Group North Dallas

Property features

Property

  • Features: Multiple StaircasesGaragePorch-frontDecorative Lighting
  • Location: Building Or Complex Name

Lot/Land

  • Land/Lot size: 0 m² (0.07 ft²)
  • Lot description: CurbsWill SubdivideSidewalks

Construction

  • Year built: 2022
  • Roofing: Shingle
  • Condition: Resale
  • Construction: Rock/Stone
  • Basement and foundation: On Slab
  • Exterior: Wood

Parking/Garage

  • Parking spaces: 16
  • Garage description: Attached Garage

Bedrooms

  • Bedrooms: 24

Bathrooms

  • Total bathrooms: 32
  • Full bathrooms: 24
  • ½ bathrooms: 8

Interior Features

  • Floors: LaminateCarpet

Exterior Features

  • Outdoor spaces: Porch-front
  • Carport spaces:

Heating and Cooling

  • Heating system: ElectricCentral
  • Cooling system: Ceiling FanElectricCentral

Utilities

  • Other utilities: City WaterIndividual Water MeterCity Sewer

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.

Location

1609 Mignon Drive, Arlington, Texas 76010

1609 Mignon Drive, Arlington, Texas 76010