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$3,100,000
2 Days On Site

1601 Mignon Drive
Arlington, TX 76010

For Sale|Multi Family|Active
24
Beds
32
Total Baths
24
Full Baths
8
Partial Baths
2,250
SqFt
$1,378
/SqFt
2022
Built
Subdivision:
Plaza Heights Add
County:
Tarrant

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1-469-880-4050
1601 Mignon Drive1601 Mignon Drive1601 Mignon Drive1601 Mignon Drive
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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.

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Listing Snapshot
Price 
$3,100,000
Days On Site 
2 Days
Bedrooms 
24
Inside Area (SqFt) 
2,250 sqft
Total Baths 
32
Full Baths 
24
Partial Baths 
8
Lot Size 
0.073 Acres
Year Built 
2022
MLS® Number 
21236538
Status 
Active
Property Tax 
$7,171
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Acres 
0.073
Attached Garage 
Yes
Foundation 
Slab
Garage 
Yes
Garage Spaces 
16
Levels 
Three Or More
Parking 
Additional ParkingDrivewayAttached
Parking Spaces 
16
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2250
Utilities 
Electricity Connected
Water Source 
Public
Interior Features
Appliances 
DishwasherElectric RangeElectric Water HeaterMicrowaveRefrigerator
Cooling 
Ceiling Fan(s)Central AirElectric
Flooring 
CarpetLaminate
Heating 
CentralElectric
Interior 
Double VanityKitchen IslandOpen FloorplanWalk-In Closet(s)
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Exterior Features
Construction Details 
Wood SidingSee RemarksStone
Patio And Porch 
Front Porch
Roof 
Shingle
Community Features
Community Features 
SidewalksOther
Financing Terms Available 
1031 ExchangeCashConventionalSubmit
School District 
Arlington ISD
Schools
School District
Arlington ISD
Elementary School
Johns
Middle School
Workman
High School
Sam Houston
Listing courtesy of Alejandro Martinez Cansino of Only 1 Realty Group North Dallas [email protected]



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-04-14 10:01 AM CDT

Neighborhood & Commute
Source: Walkscore
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