BEDS24
BATHS24 full 8 partial
MLS#21236538
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONPlaza Heights Add
SCHOOLArlington ISD
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Central Air, Electric
Garage: 16 car attached
Heating: Central, Electric
Lot Size: 0.07 Acres
Roof Type: Shingle
Year Built: 2022
Amenities
Decorative Lighting
Double Vanity
Kitchen Island
Multiple Staircases
Open Floorplan
Walk-In Closet(s)
Second Primary Bedroom
Feature Descriptions
Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
Community Features: Sidewalks, Other
Days on Site: 3
Exterior: Rock/Stone, Wood, See Remarks
Flooring: Carpet, Laminate
Lot Dimensions: .8
Parcel#: 42765810
Parking: Additional Parking, Driveway
Parking Notes: Additional Parking, Driveway
Patio/Porch: Front Porch
Units: 8
Utilities: City Sewer, City Water, Curbs, Electricity Connected, Individual Water Meter, Sidewalk
Local Schools
Elementary School: Johns
School District: Arlington ISD
Listed By / Shown By
Listed By
Agency Name: Only 1 Realty Group North Dallas
Agency Contact: 214-560-0422
Agent Name: Alejandro Martinez Cansino
Shown By
Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447
Estimate Your Payment
Estimated Payment
$ 7,803.42 per month $6,899.26 Principal & Interest $0.00 Property Tax (data not provided by mls) $904.17 Homeowner's Insurance
1601 Mignon Drive | MLS# 21236538
This multi-family property located at 1601 Mignon Drive, Arlington, TX 76010 is currently listed for sale with an asking price of $3,100,000. Mignon Drive is located within the Arlington ISD school district. Search Arlington real estate on www.kellyrealtors.com today.