1609 Mignon Dr, Arlington, TX 76010
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Property image
FOR SALE
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$2,800,000

Original price: $3,100,000
  • 24 Beds
  • 28 Baths
  • 2,250 sqft

1609 Mignon Dr, Arlington, TX 76010

East
Est. Mortgage $18,765/mo*
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Home Highlights

Multi-Family
Built in 2022
$1,244/sqft
16 Car Garage

Local Information

  • Map ViewExplore the area around 1609 Mignon Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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.
Last check for updates: 36 minutes 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.

Home Details for 1609 Mignon Dr

Interior Features

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
Windows, Doors, Floors & Walls
Flooring: Carpet, Laminate
Levels, Entrance, & Accessibility
Levels: Three Or MoreFloors: Carpet, Laminate

Exterior Features

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 GarageParking Spaces: 16Parking: Additional Parking,Driveway
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 139Days on Market: 153

Property Information

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
Condition: ResaleParcel Number: 42765810

Price & Status

Price
List Price: $2,800,000Price Per Sqft: $1,244
Status Change & Dates
Possession Timing: Close Of Escrow, Subject To Tenant Rights

Active Status

MLS Status: Active

Media

Location

Direction & Address
City: ArlingtonCommunity: Plaza Heights Add
School Information
Elementary School: JohnsElementary School District: Arlington ISDJr High / Middle School: WorkmanJr High / Middle School District: Arlington ISDHigh School: Sam HoustonHigh School District: Arlington ISD

Agent Information

Listing Agent
Listing ID: 21236538

Building

Building Area
Building Area: 2250 Square Feet

Community

Community Features: Other, Curbs, SidewalksNot Senior Community

HOA

No HOA

Lot Information

Lot Area: 3179.88 sqft

Offer

Listing Terms: Cash, Conventional, 1031 Exchange, Submit

Miscellaneous

Mls Number: 21236538Living Area Range Units: Square FeetAttribution Contact: 214-560-0422

Additional Information

OtherCurbsSidewalks

Around this home

Neighborhood Overview

East
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about East

At least 591 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.
  • Zoejett
    "There are certain neighborhoods that hand out full-size candy bars if you know where to look!! Safe and highly populated :)"
    0
    Flag
  • Pamela Clay
    "I’ve lived here almost 30 yrs and I love it! There is so much to do and the city has such a lovely history. "
    0
    Flag
  • Akpromo777
    "It's near the Highlands, which has a lot of shopping. It also has nearby parks. I've lived here most of my life and I love Arlington very close to the Cowboys and Rangers stadiums."
    1
    Flag
  • Farellijohn
    "The neighborhood is loud. People speed through and it seems like nobody has a muffler on their car. People seem rather inconsiderate about keeping the noise down in the morning and don’t even consider the time when honking their horns."
    0
    Flag
  • Rmonter
    "Arlington, has come a long way and still continues to improve. Overall being directly in the center of two great cities, gives you the best of both worlds."
    0
    Flag
  • Trulia User
    "There are many families the this neighborhood and it is very quiet. parks and schools are close. Many malls and restaurants are nearby."
    5
    Flag
  • Trulia User
    "Visit often to this area really like it is really nice and clean and Close to everything could not ask for a better place to stay will keep coming back ."
    5
    Flag
  • Trulia User
    "School, police station and Church are near and there are families too, very quiet place and with grocery stores, parks and restaurant near."
    2
    Flag
  • Trulia User
    "The people watch out for each other and help you when they can. And they like to celebrate special occasions with their friends and family"
    1
    Flag
  • Trulia User
    "nice quiet family areas responsible dog owners as well no party type around happy kiddos playing "
    1
    Flag
  • Anthony C. .
    "The stores and restaurants are more convenient. Enjoy going to near by recreation centers and parks. "
    11
    Flag
  • Eddy P.
    "There is many parks and sidewalks around to walk our dogs, friendly neighborhood, but there should be signs on more popular parks for people who don't pick ip after their dogs."
    0
    Flag
  • Cindy E.
    "Close to all freeways. Multicultural and friendly families. Can’t go wrong! There are a lot of shops nearby."
    3
    Flag
  • Pamela R.
    "elementary school right down the road, Arlington highlands are also close, good junior high nearby as well"
    2
    Flag
  • Celeste M.
    "It’s quiet, safe and friendly. There are stores walking distance and the public schools aren’t too bad for the kids. "
    6
    Flag
  • Cherrell D.
    "Easy access to 360 and 20. My commute is 22 mins without traffic. Only bad part is mayfield turnaround they should do something about that. Other than that its cool."
    0
    Flag
  • Megan L.
    "Quiet place good neighborhood been here for 3 years haven’t had any problems in the area good schools "
    10
    Flag
  • Heather B. F.
    "We have been here for over 2 years and it is very quiet! I check the next door app a few times a week and there is hardly ever anything on there about crime. "
    1
    Flag
  • Christian H.
    "This neighborhood has definitely gotten worse. There is a lot of theft, robberies and shootings. Neighborhood “kids” hang out all times unsupervised. Definitely not a “good neighborhood” anymore. There are so many vacancies everyone is trying to get out. Too many low income families reside here now"
    17
    Flag
  • Tiaja S.
    "They Won’t Like The Open Fields But Dislike Other Pet Owners Not Picking Up After Their Pets And Sometimes Loose Dogs"
    1
    Flag
  • Rachel.elizondo
    "With the current construction surrounding 360, it is difficult for anyone to get out of Arlington early in the morning. I work in town so it isn’t too bad."
    4
    Flag
  • Mizhoodz24
    "sucks so much hate it this place sucks too much crime to much issues people are mean. there is to much crime "
    2
    Flag
  • Martinezalex511
    "Amazing area to live in . Peaceful. Quiet Worth buying a house in the area . Schools are great . Supermarkets have good prices"
    0
    Flag
  • Heather H.
    "nothing is special about our neighborhood unfortunately. neighbors block your mailboxes, too many cars on the street, drivers are too fast... no one cares around here."
    1
    Flag
  • Claudia H.
    "It’s your usual normal community. Grocery stores gas stations public schools everything is literally right around the corner"
    1
    Flag
  • Samsung T.
    "It’s an okay area. You’ll find some crime but not to much. The worst it will get is a house robbery. A bunch of parks in this area. "
    4
    Flag
  • Ashley H.
    "Please watch your kids while outside . It’s not like back in the day where they could be outside alone and not care too much is going on "
    1
    Flag
  • Meagan K.
    "other people do not pick up their dogs droppings, and they allow their animals to run around off a leash, and unattended"
    0
    Flag
  • Dion C.
    "Easy access to freeways. close to grocery stores and restaurants. There is also shopping and entertainment near by. "
    1
    Flag
  • Sharon P.
    "dogs are always welcome with plenty of trails for their walks. everyone seems to love dogs in my neighborhood. "
    1
    Flag

Market trends in Arlington

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$326K
$40MoM
Sale-to-List Price
99.5%
0.3%MoM
Price per sq ft
$178
$1MoM
Available listings
1128
26MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
930 Southmoor Dr, Arlington, TX
1.15
Multi-Family Home
-
07/10/26
6
4.5
3,279
2423 Limestone Dr, Arlington, TX
1.40
Multi-Family Home
-
06/09/26
4
2
2,072
2166 Knoll Crest Dr #2170, Arlington, TX
2.28
Multi-Family Home
-
11/18/25
9
5.5
4,100
610 N Pecan St, Arlington, TX
2.55
Multi-Family Home
-
12/11/25
4
2
1,600
210 Slaughter St, Arlington, TX
2.57
Multi-Family Home
-
04/17/26
5
2
1,895
1209 Avondale Ct, Arlington, TX
2.82
Multi-Family Home
-
11/14/25
8
4
3,104
1122 N Center St #1122, Arlington, TX
2.86
Multi-Family Home
-
07/27/26
4
2
2,012
111 E Rogers St, Arlington, TX
2.54
Multi-Family Home
-
08/14/26
-
5,120
2904 S Fielder Rd, Arlington, TX
3.40
Multi-Family Home
-
09/03/26
6
5
2,994
515 Gibbins Ct #517, Arlington, TX
3.31
Multi-Family Home
-
07/30/26
4
3
1,918

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1721 Monaco Dr, Arlington, TX 76010
0.07
$335,700
3
2.5
2,082
Off Market
1717 Monaco Dr, Arlington, TX 76010
0.06
$359,900
4
3
2,777
For Sale
1916 Kimberly Dr, Arlington, TX 76010
0.09
-
4
2
1,593
Recently Sold
1715 Bradford Dr, Arlington, TX 76010
0.12
-
3
2
1,620
Recently Sold
1713 Bradford Dr, Arlington, TX 76010
0.12
$282,700
4
2
1,786
Off Market
1918 Kimberly Dr, Arlington, TX 76010
0.10
$370,000
3
2
1,542
Off Market
1920 Kimberly Dr, Arlington, TX 76010
0.10
$399,700
4
3
1,967
Off Market
1926 Kent Dr, Arlington, TX 76010
0.15
$287,700
3
2
1,492
Off Market
1928 Kent Dr, Arlington, TX 76010
0.16
$309,600
4
2
1,812
Off Market
1718 Barton Dr, Arlington, TX 76010
0.16
$313,800
4
3
2,159
Off Market
2002 Monaco Dr, Arlington, TX 76010
0.15
$305,400
3
2
1,382
Off Market

Price and Tax history

DateEventPrice
Aug 28, 2026
Source: NTREIS #21236538
PriceChange
$2,800,000
Price decreased by 10%
Apr 11, 2026
Source: NTREIS #21236538
Listed For Sale
$3,100,000
Sep 19, 2023
Source: NTREIS #20340636
ListingRemoved
May 28, 2023
Source: NTREIS #20340636
Listed For Sale
$530,000
Apr 5, 2023
Source: NTREIS #20231900
ListingRemoved

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.

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Frequently asked questions about 1609 Mignon Dr

  • What is the estimated monthly payment for 1609 Mignon Dr?
    Based on a $2,800,000 list price with 20% down at today's rates, the estimated monthly payment for 1609 Mignon Dr in Arlington, TX is approximately $19,136 (about $15,094 principal & interest, $3,967 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 1609 Mignon Dr compare to homes in Arlington?
    1609 Mignon Dr in Arlington, TX is listed at $2,800,000, about 758% above the $326K median sale price in Arlington.
  • What do residents say about the East neighborhood?
    Residents describe the East neighborhood in Arlington, TX as pedestrian-friendly, well-kept, and dog-friendly. See homes for sale in East, Arlington.
  • What are the closest schools to 1609 Mignon Dr?
    The closest schools to 1609 Mignon Dr in Arlington, TX are Johns Elementary School (Pre-K, rated 4/10), Sam Houston High School (rated 2/10), Workman Junior High School (rated 3/10).
  • Does 1609 Mignon Dr have air conditioning?
    Yes, 1609 Mignon Dr in Arlington, TX has air conditioning.
  • Is there a virtual tour of 1609 Mignon Dr?
    Yes, a virtual tour of 1609 Mignon Dr in Arlington, TX is available.
1609 Mignon Dr, Arlington, TX 76010 is a 24 bedroom, 32 bathroom, 2,250 sqft multi-family built in 2022. 1609 Mignon Dr is located in East, Arlington. This property is currently available for sale and was listed by NTREIS on Apr 11, 2026. The MLS # for this home is MLS# 21236538.