1601 Mignon Drive Arlington, TX $ 3,100,000
1601 Mignon Drive
$ 3,100,000
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1601 Mignon Drive

Arlington, TX, 76010
$ 3,100,000
Bedrooms24 Baths24.8

Monthly Estimate*

$ 19,087

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Multi-Family Home for sale in Arlington, TX

for $3,100,000 with 24 bedrooms and 24 full baths, 8 half baths. This home was built in 2022 on a lot size of 0.073.

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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Multi-Family Active

Price

$ 3,100,000

Bedrooms

24

Full Bath

24

Half Bath

8

Property Type

Multi-Family

Taxes

$ 7,171

Style

Multiple Single Units

Lot Size

0.073

Year Built

2022

Town/City

Arlington

County/Region

Tarrant

MLS | Web ID

21236538

Features
Interior
Interior Features Decorative Lighting Double Vanity Kitchen Island Multiple Staircases Open Floorplan Walk-In Closet(s) Second Primary Bedroom
Flooring Carpet Laminate
Basement Y/N 0
Occupancy Rate 87
Total Units 8
Half Baths 8
Total Bedrooms 24
Total Baths 32
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General
Heating Central Electric
Complex Name Mignon
Cooling Ceiling Fan(s) Central Air Electric
Utilities City Sewer City Water Curbs Electricity Connected Individual Water Meter Sidewalk
Possession Closing/Funding Lease Outstanding
Roof Shingle
Appliances Dishwasher Electric Range Electric Water Heater Microwave Refrigerator
Number of Garage Spaces 16
School District Arlington ISD
Pool Y/N 0
Year Built 2022
Community Features Sidewalks Other
Levels Three Or More
Property Subtype Multiple Single Units
Subdivision Name Plaza Heights Add
Occupant Type Tenant
County Tarrant
Property Type Residential Income
Construction Materials Rock/Stone Wood See Remarks
Year Built Details Preowned
HOA Type None
# of Buildings 8
Full Baths 24
Status Active
Directions Turn right onto E Park Row Dr Turn left onto New York Ave Turn left onto Kimberly Dr Turn right
City Arlington
Elementary School Name Johns
High School Sam Houston
Elementary School Johns
Standard Status Active
Junior High School Workman
Listing Terms 1031 Exchange Cash Conventional Not Assumable Submit
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Exterior
Waterfront 0
Lot Size Source Builder
Parking Features Additional Parking Driveway
Lot Size .5 to < 1 Acre
Foundation Slab
Lot Size Dimensions .8
Building Area Total 2250.00
Garage Y/N 1
Attached Garage Y/N 1
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Internal Only
Street Number 1 1601
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* Excluded Features
List By
Alejandro Martinez Cansino

Listing Agent

Only 1 Realty Group North Dallas

Broker

Affordability Calculator

$19,685
Per Month
97%
3%
0%
Monthly Principal & Interest
$19,087
Monthly Property Taxes
$598
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4517908 Elementary School
3672487 Middle School
Pricing History
Date Price Price Change Description
4/11/2026 $3,100,000 Listed Price

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1601 Mignon Drive, Arlington, TX, 76010 is a Multi-Family Home for sale at $3,100,000 with a lot size of 0.073. 1601 Mignon Drive has 24 bedrooms, 24.8 baths, and was built in 2022. The property's zip code is 76010 which is in Arlington, TX