# 1609 Mignon Drive, Arlington, TX 76010

> **TL;DR:** 24bd/32ba residential multi family, $3,100,000, built 2022. Est. $13,433/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $3,100,000 |
| Bedrooms | 24 |
| Bathrooms | 24 full, 8 half |
| Year Built | 2022 |
| Lot Size | 3,180 sqft (0.07 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $13,433 |
| **Total** | **$13,433** |

## Nearby Schools

- **Elementary:** Johns

## Property Highlights

- Built in 2022
- 0.07 acre lot
- 16 parking spaces

## Description

### Agent 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

- **Address:** 1609 Mignon Drive, Arlington, TX 76010
- **County:** Tarrant
- **Neighborhood:** Plaza Heights Add
- **Coordinates:** 32.717377, -97.078737
- **Google Maps:** https://www.google.com/maps?q=32.717377,-97.078737

## Listing Agent

- **Name:** Alejandro Martinez Cansino
- **Brokerage:** Only 1 Realty Group North Dallas
- **Phone:** 2145600422
- **Email:** newhaven.alexjr90@yahoo.com

## Primary Photo

![1609 Mignon Drive - Primary Photo](http://lh.rdcpix.com/1d004781c2ed38e2d44565c27d846c20l-f1135173039r.jpg)

*29 total photos available on [listing page](https://www.propertysimple.com/listing/1609-mignon-drive-arlington-tx-76010-21236538)*

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**MLS#:** 21236538 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1609-mignon-drive-arlington-tx-76010-21236538)

---

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