1609 Mignon Dr, Arlington, TX 76010

$3,100,000
: 24
BD
: 32
BA

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List Price: $3,100,000
MLS#: 21236538
Status: ACTIVE
Type: Multifamily
Subtype: ResidentialIncome
Year Built: 2022
Construction Status: Preowned
Bedrooms: 24
Full Baths: 24
Half Baths: 8
Acres: 0.07
County: Tarrant
City: Arlington
Subdivision: Plaza Heights Add
Building Name: Mignon

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Property 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.

(817) 500-3278

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