For sale · House · Active

1609 Mignon Drive

1609 Mignon Drive · Arlington, TX 76010

$2,800,000

LIRIX / PHOTOS

A CLOSER LOOK

See the spaces. Picture the possibilities.

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24Bedrooms

28Bathrooms

—Living area (units not supplied)

HouseHome type

A closer look.

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.

Listing ID: 21236538 · Only 1 Realty Group North Dallas · Updated 2026-08-28T20:46:22.130-00:00

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Property details

Listing agent

Name: Alejandro Martinez Cansino
MLS agent ID: 0790917

The listing agent and brokerage represent this listing. Lirix handles inquiries submitted on this site.

Listing activity

Original asking price: $3,100,000
Cumulative days listed: 139
Listing date: Apr 11, 2026
Price change date: Aug 28, 2026

Current versus original asking price is not a complete price history. Cumulative days may span listing periods.

Home and lot

Year built: 2022
Garage spaces: 16
Subdivision: Plaza Heights Add
Lot size: 0.073 acres
Parking: Additional Parking
Driveway
Pool features: None
Fireplace: No
Fireplaces: 0

Amenities and utilities

Heating: Central
Electric
Cooling: Central Air
Ceiling Fan(s)
Electric
Appliances: Dishwasher
Electric Range
Electric Water Heater
Microwave
Refrigerator
Interior: Decorative/Designer Lighting Fixtures
Double Vanity
Kitchen Island
Multiple Master Suites
Multiple Staircases
Open Floorplan
Walk-In Closet(s)
Patio / porch: Front Porch
Utilities: Electricity Connected
Sewer Available
Separate Meters
Water Available

Listed schools

Elementary: Johns
Middle / junior high: Workman
High school: Sam Houston
District: Arlington ISD

Schools are reported by the listing source. Verify attendance boundaries and enrollment directly with the district; no ratings or guaranteed assignment are provided.

Reported property tax

Reported by the MLS annual tax: $7,171

Tax year is not supplied. This is reported in the listing information, not a current tax quote or market valuation.

THE AREA IN NUMBERS

Local market snapshot

Arlington, TX · Property ZIP 76010

Typical home value

$235,515

-0.4% year over year

ZIP 76010 · Single-family homes

Aug 2026

Typical monthly rent

$1,228

ZIP 76010 · All homes plus multifamily

Aug 2026

Explore home value history

Typical single-family home values for ZIP 76010. Smoothed and seasonally adjusted. Chart range: $234,941–$246,647.

Monthly home value index · ZIP 76010
Month	Typical home value
Sep 2024	$246,647
Oct 2024	$245,632
Nov 2024	$244,790
Dec 2024	$244,327
Jan 2025	$243,987
Feb 2025	$243,232
Mar 2025	$241,911
Apr 2025	$240,383
May 2025	$238,765
Jun 2025	$237,328
Jul 2025	$236,683
Aug 2025	$236,522
Sep 2025	$236,459
Oct 2025	$235,958
Nov 2025	$235,628
Dec 2025	$236,100
Jan 2026	$236,424
Feb 2026	$236,527
Mar 2026	$235,986
Apr 2026	$235,618
May 2026	$235,177
Jun 2026	$234,963
Jul 2026	$234,941
Aug 2026	$235,515

Dallas–Fort Worth market context

Homes for sale

37,227 homes

Dallas–Fort Worth · Single-family homes and condos/co-ops

Aug 2026

Median days to pending

34 days

Dallas–Fort Worth · Single-family homes and condos/co-ops

Aug 2026

Source: Zillow Research. Regional statistics are not this home’s Zestimate, appraisal or sold price. Inventory counts homes listed during the month; days to pending excludes the closing period.

PLAN YOUR POSSIBILITIES

See the path to paid off.

Purchase price ($)Down payment (%)Annual interest rate (%)Loan term

—/ month · principal & interest

Loan amount: —
Total interest: —
Total repayment: —

Illustrative fixed-rate estimate, principal and interest only. The 6.5% starting rate is an example, not a current lender quote. Taxes, insurance, HOA fees, PMI and closing costs are excluded. Not a loan offer. Final payment may vary for rounding.

View amortization schedule