1601 MIGNON DRIVE, ARLINGTON, TX 76010
Homes for sale in Arlington.
Homes for sale in 76010.
1601 Mignon Drive
Arlington, TX 76010
List Price$3,100,000
Listing #21236538
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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