1601 MIGNON DRIVE, ARLINGTON, TX 76010

Homes for sale in Arlington.

Homes for sale in 76010.


1601 Mignon Drive

Arlington, TX 76010

Active

List Price$3,100,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21236538

24

Bedrooms

24 full, 8 partial

Bathrooms

2,250

Square Feet

8

Number of Units

Multi-Unit Residential

Type

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.

Property Features

Location Information

County

Tarrant

Subdivision

Plaza Heights Add

Interior Features

Interior

Decorative/Designer Lighting Fixtures, Double Vanity, Kitchen Island, Multiple Master Suites, Multiple Staircases, Open Floorplan, Walk-In Closet(s)

Heating

Central, Electric

Full Baths

24

Cooling

Central Air, Ceiling Fan(s), Electric

1/2 Baths

8

Floors

Carpet, Laminate

Has Fireplace

No

Appliances

Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator

Number of Fireplaces

0

Total Number of Units

8

Exterior Features

Construction

Rock, Stone, See Remarks, Wood Siding

Patio / Deck Description

Front Porch

Foundation

Slab

Pool Description

None

Roof

Shingle

Lot Size in Acres

0.073

Water / Sewer

Electricity Connected, Sewer Available, Separate Meters, Water Available

Lot Size in Sq. Ft.

3,179

Utilities

Electricity Connected, Sewer Available, Separate Meters, Water Available

Lot Dimensions

.8

Parking Description

Additional Parking, Driveway

Buildings

8

Has Garage

Yes

Building Total Area (Sq. Ft.)

2,250

Garage Spaces

16

Is One Story

No

School

Elementary School District

Arlington ISD

High School

Sam Houston

Elementary School

Johns

Additional Information

Year Built Details

Preowned

Has a Home Owners Association

No

Property Type

RI

Tax Annual Amount

7171.0

Year Built

2022

Community Features

Other, Curbs, Sidewalks

Status

Active

Lot Acres Source

Builder

Similar Listings

Mortgage Calculator

$14,476

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$11,170

Monthly Tax

$2,583

Monthly Insurance

$723

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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