1609 Mignon Drive,Arlington, TX 76010
Arlington, TX 76010
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.
Details
| MLS # | 21236538 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 2022 |
| Days On Site | 162 |
| Listing Provided By | Only 1 Realty Group North Dallas | Alejandro Martinez Cansino |
Features
| Bed(s) | 24 |
|---|---|
| Bath(s) | 32 Total |
| Garage | 16 |
| Units | 8 |
| Building(s) | 8 |
| Acreage | 0.07 |
Interior
| Cooling | Ceiling Fan(s), Central Air, Electric |
|---|---|
| Heating | Central, Electric |
| Interior Features | Decorative Lighting, Double Vanity, Kitchen Island, Multiple Staircases, Open Floorplan, Walk-In Closet(s), Second Primary Bedroom |
| Appliances | Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator |
Exterior
| Roof | Shingle |
|---|---|
| Construction Materials | Rock/Stone, Wood, See Remarks |
| Foundation Details | Slab |
Parking
| Garage Yn | 1 |
|---|---|
| Attached Garage Yn | 1 |
| Parking Features | Additional Parking, Driveway |
Utilities
| Utilities | City Sewer, City Water, Curbs, Electricity Connected, Individual Water Meter, Sidewalk |
|---|
Location
| Community Features | Sidewalks, Other |
|---|
Taxes
| Unexempt Taxes | 7171 |
|---|---|
| Tax Block | 13 |
| Tax Legal Description | PLAZA HEIGHTS ADDITION BLOCK 13 LOT 2AR4 |
Area Information
| State | TX |
|---|---|
| County | Tarrant |
| City | Arlington |
| Zip Code | 76010 |
| Area | Tarrant |
| Community Name | Plaza Heights Add |
| School District | Arlington ISD |
| Elementary School | Johns |
| High School | Sam Houston |
| Listing VS Median (in Plaza Heights Add) | |
Price: $2,800,000 low | high Med: $305,000 On site: 162 low | high Med: 60 | |
Request a showing
Request a showing
Contact
Learn More About This Property
| State | TX |
|---|---|
| County | Tarrant |
| City | Arlington |
| Zip Code | 76010 |
| Area | Tarrant |
| Community Name | Plaza Heights Add |
| School District | Arlington ISD |
| Elementary School | Johns |
| High School | Sam Houston |
| Listing VS Median (in Plaza Heights Add) | |
Price: $2,800,000 low | high Med: $305,000 On site: 162 low | high Med: 60 | |
