About This Home
This 24-bedroom, 32-bathroom residential multi family at 1609 Mignon Drive in Arlington, TX is listed for $3,100,000. Built in 2022, on a 0.07 acres lot.
Key Features
- Built in 2022
- 0.07 acre lot
- 3 stories
- 16 parking spaces
Property Details
Amenities
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.
Monthly Cost Estimate
$16,579/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1609 Mignon Drive
Arlington, TX 76010
Plaza Heights Add
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 24-bedroom, 32-bathroom residential multi family at 1609 Mignon Drive is listed at $3,100,000. The estimated monthly payment is $16,579 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 2022, 0.07 acre lot, 3 stories, 16 parking spaces. Interior Features: DecorativeDesignerLightingFixtures, DoubleVanity, KitchenIsland.
This property is listed by Alejandro Martinez Cansino and can be reached at (214) 560-0422.