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NTREISListing courtesy of Only 1 Realty Group North Dallas. Information provided by NTREIS

Active

$2,800,000

  • 24 beds
  • 32 baths
  • 0.07 acre lot

1609 Mignon Drive

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Listing data updated

About this home

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…

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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.

Bedrooms
24
Bathrooms
32
Lot size
0.07 acres
Garage spaces
16 spaces
Year built
2022
Status
Active
MLS number
21236538

Listing courtesy of Only 1 Realty Group North Dallas

Listing agent Alejandro Martinez Cansino

Office phone 214-560-0422

Estimated monthly cost

Estimated payment based on the assumptions shown. It is not a quote, an approval or a rate offer.

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Location

Facts and features

Interior

Bedrooms
24
Bathrooms
32

Exterior

Garage spaces
16

Lot

Lot size
0.07 acres

Building

Year built
2022

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Listing courtesy of Only 1 Realty Group North Dallas. Information provided by NTREIS

Information is deemed reliable but not guaranteed.

Listing data updated

Listing Details | QRE Team