1601 Mignon Drive, Arlington, TX 76010
1601 Mignon Drive, Arlington, TX 76010
1601 Mignon Drive, Arlington, TX 76010
20
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$3,100,000
Est. payment /mo
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24 Beds
32 Baths
3,179 Sqft Lot
New

1601 Mignon Drive Arlington, TX 76010

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Willie Nevarez

Willie Nevarez

+1(915) 503-6915

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Key Details

Property Type Multi-Family

Sub Type Multiple Single Units

Listing Status Active

Purchase Type For Sale

Subdivision Plaza Heights Add

MLS Listing ID 21236538

Bedrooms 24

Full Baths 24

Half Baths 8

HOA Y/N None

Total Fin. Sqft 2250

Year Built 2022

Annual Tax Amount $7,171

Lot Size 3,179 Sqft

Acres 0.073

Lot Dimensions .8

Property Sub-Type Multiple Single Units

Property 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.

Location

State TX

County Tarrant

Community Sidewalks, Other

Direction Turn right onto E Park Row Dr, Turn left onto New York Ave, Turn left onto Kimberly Dr, Turn right

Interior

Interior Features Decorative Lighting, Double Vanity, Kitchen Island, Multiple Staircases, Open Floorplan, Walk-In Closet(s), Second Primary Bedroom

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Carpet, Laminate

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

Heat Source Central, Electric

Exterior

Garage Spaces 16.0

Community Features Sidewalks, Other

Utilities Available City Sewer, City Water, Curbs, Electricity Connected, Individual Water Meter, Sidewalk

Roof Type Shingle

Garage Yes

Building

Story Three Or More

Foundation Slab

Level or Stories Three Or More

Structure Type Rock/Stone,Wood,See Remarks

Schools

Elementary Schools Johns

High Schools Sam Houston

School District Arlington Isd

Others

Acceptable Financing 1031 Exchange, Cash, Conventional, Not Assumable, Submit

Listing Terms 1031 Exchange, Cash, Conventional, Not Assumable, Submit

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21236538

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2026 North Texas Real Estate Information Systems.
Listed by Alejandro Martinez Cansino • Only 1 Realty Group North Dallas

NEARBY SCHOOL & BUSINESS

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Willie Nevarez

Willie Nevarez

Agent | License ID: 0739499

+1(915) 503-6915

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