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MLS# 21236538
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1609 Mignon Drive

Arlington, TX 76010 · Plaza Heights Add

$3,100,000
Beds
24
Baths
32
Sq Ft
Year
2022
About this property
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.
Quick facts
Property Type
ResidentialIncome
Property Sub Type
Lot Size
0.073 acres
Stories
Garage Spaces
16
Pool
County
Tarrant
School District
Listing timeline
Listed
Last Status Change
Apr 11, 2026
Last Price Change
Location