1609 Mignon Dr
Arlington, TX 76010
East
24 Beds
28 Baths
2,250 sqft
24 Beds
28 Baths
2,250 sqft
Local Information
- Map ViewExplore the area around 1609 Mignon Dr.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
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.
Home Highlights
Parking
16 Car Garage
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
$1,378
Listed
88 days ago
Home Details for 1609 Mignon Dr
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Beds & Baths Number of Bedrooms: 24Number of Bathrooms: 32Number of Bathrooms (full): 24Number of Bathrooms (half): 8 |
Appliances & Utilities Utilities: Electricity Connected, Sewer Available, Separate Meters, Water AvailableAppliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, RefrigeratorDishwasherMicrowaveRefrigerator |
Heating & Cooling Heating: Central,ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),ElectricHas HeatingHeating Fuel: Central |
Fireplace & Spa No Fireplace |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Flooring: Carpet, Laminate |
Levels, Entrance, & Accessibility Stories: 3Levels: Three Or MoreFloors: Carpet, Laminate |
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Exterior Home Features Roof: ShinglePatio / Porch: Front PorchFoundation: Slab |
Parking & Garage Number of Garage Spaces: 16Number of Covered Spaces: 16No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 16Parking: Additional Parking,Driveway |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 10Days on Market: 88 |
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Year Built Year Built: 2022 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Rock, Stone, See Remarks, Wood Siding |
Property Information Parcel Number: 42765810 |
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Price List Price: $3,100,000Price Per Sqft: $1,378 |
Status Change & Dates Possession Timing: Close Of Escrow, Subject To Tenant Rights |
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MLS Status: Active |
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Direction & Address City: ArlingtonCommunity: Plaza Heights Add |
School Information Elementary School: JohnsElementary School District: Arlington ISDJr High / Middle School District: Arlington ISDHigh School: Sam HoustonHigh School District: Arlington ISD |
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Listing Agent Listing ID: 21236538 |
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Building Area Building Area: 2250 Square Feet |
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Community Features: Other, Curbs, SidewalksNot Senior Community |
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No HOA |
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Lot Area: 3179.88 sqft |
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Listing Terms: Cash, Conventional, 1031 Exchange, Submit |
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Mls Number: 21236538Living Area Range Units: Square FeetAttribution Contact: 214-560-0422Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48439-N-42765810-R-N |
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OtherCurbsSidewalks |
Last check for updates: about 1 hour ago
Listing courtesy of Alejandro Martinez Cansino 0790917, (214) 560-0422
Only 1 Realty Group North Dallas, 214-560-0422
Source: NTREIS, MLS#21236538
Also Listed on NTREIS.
Market trends in East
Last updated May 2026
Avg. sale price
$253K
$3.33KMoM
Sale-to-List Price
99.1%
0.5%MoM
Price per sq ft
$176
$9MoM
Available listings
124
Price History for 1609 Mignon Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 04/11/2026 | $3,100,000 | Listed For Sale | NTREIS #21236538 |
| 09/19/2023 | ListingRemoved | NTREIS #20340636 | |
| 05/28/2023 | $530,000 | Listed For Sale | NTREIS #20340636 |
| 04/05/2023 | ListingRemoved | NTREIS #20231900 | |
| 02/14/2023 | $515,500 | PriceChange | NTREIS #20231900 |
| 01/05/2023 | $540,000 | Listed For Sale | NTREIS #20231900 |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $7,171 |
| Assessment | $328,000 |
Home facts updated by county records
Comparable Sales for 1609 Mignon Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.40 | Multi-Family Home | - | 06/09/26 | 4 | 2 | 2,072 | |
2.28 | Multi-Family Home | - | 11/18/25 | 9 | 5.5 | 4,100 | |
2.27 | Multi-Family Home | - | 08/06/25 | 8 | 8 | 3,996 | |
2.82 | Multi-Family Home | - | 11/14/25 | 8 | 4 | 3,104 | |
3.47 | Multi-Family Home | - | 05/19/26 | 4 | 2 | 1,546 | |
3.68 | Multi-Family Home | - | 06/10/26 | 4 | 2 | 1,800 | |
3.84 | Multi-Family Home | - | 12/29/25 | 6 | 6 | 3,516 | |
4.24 | Multi-Family Home | - | 04/13/26 | 9 | 8 | 3,748 | |
3.96 | Multi-Family Home | - | 04/01/26 | 6 | 4.5 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
SOLDSEP 10, 2025
FOR SALE
3D VIEW0.29 ACRES
OFF MARKET
SOLDJUL 2, 2026
OFF MARKET
OFF MARKET
OFF MARKET
SOLDOCT 27, 2025
OFF MARKET
OFF MARKET
OFF MARKET
Assigned Schools
These are the assigned schools for 1609 Mignon Dr.
- Sam Houston High School
- 9-12
- Public
- 3208 Students
2/10GreatSchools RatingParent Rating AverageToo strict with rules making it less enjoyable for students to learn. feels more like a prison then a place that you want to wake up and go to.Student Review2mo ago - Johns Elementary School
- PK-6
- Public
- 560 Students
4/10GreatSchools RatingParent Rating AverageMy child has gone through pre-k-6th grade at Johns. The last few years have completely shifted. Im not sure if its admin or just the teachers/staff but no one seems to understand the parents view only the "rules" they are suppose to follow with guidlines. My child I feel has been shut down and ignored causes behavior issues and acting out. I have had mulitple meetings with staff and nothing is ever set in stone to make my child feel safe to talk to someone at school. He is constanstly being told about his hair texture from teachers and "why does your mom not put any product" in your hair. And things about his apperance. They always only send things to parents in spanish and not in english. I am constantly asking to have my son bring home stuff in ENGLISH! I am all for the school being bi-lingual but it seems they only award and take care of the "hispanic" kids and not the black kids. I am so overwhelmed with the lack of support I have recieved through-out the last few years. I will never recommend this school to anyone now or in the future!Parent Review1mo ago - Workman Junior High School
- 7-8
- Public
- 1162 Students
3/10GreatSchools RatingParent Rating AverageI subbed at this school once, and that was enough. The kids were out of control, sometimes violent, and had no respect for faculty or subs. There were moments in the classroom when I did not feel 100% safe. No wonder substitutes get a bonus when subbing for this school. If you are a teacher or substitute, beware this school. If you are a parent, DO NOT, at any cost, let your child go to this school.Other Review4mo ago 
Check out schools near 1609 Mignon Dr.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about East
At least 590 Trulia users voted on each feature.
79 % Say car is needed
73 % Say there are sidewalks
73 % Say yards are well-kept
67 % Say there's holiday spirit
65 % Say it's dog friendly
64 % Say parking is easy
60 % Say kids play outside
54 % Say it's quiet
51 % Say they plan to stay for at least 5 years
48 % Say streets are well-lit
46 % Say it's walkable to grocery stores
41 % Say it's walkable to restaurants
40 % Say people would walk alone at night
36 % Say neighbors are friendly
28 % Say there's wildlife
21 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Alejandro Martinez Cansino, Only 1 Realty Group North Dallas, 214-560-0422
Agent Phone: (214) 560-0422
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.