Why this might be a deal
Critical distress (8/10) · 91% under market — about $1.6M of equity to capture · Auction in 6 days · primary driver: notice of foreclosure filed
1085 BURNEY LANE, SOUTHLAKE, TX, 76092
fclosure.comSouthlake, Tarrant County, TX, 76092
1085 Burney Lane, Southlake, TX, 76092
Southlake, Tarrant County, TX, 76092
$1,777,514 market value
91%below market·$1.6MProperty Details
- Bedrooms
- 3
- Bathrooms
- 2
- Sq Ft
- 3,275
- Year Built
- 1984
- Type
- Commercial
- Rent Estimate
- $4,271/mo
Financial
- Market Value
- $1,777,514
- Original Loan
- $164,892
- Estimated Equity
- $1,612,622
+$1,612,622(91%)
Comparable Sales
Verify on:
Auction
- Sale Date
- Jun 2, 2026
- Filing Date
- Apr 23, 2026
- County
- Tarrant
- Result
- Cancelled
Due Diligence
Nearby Properties
Parties
- Borrower
- HOFFMAN -HILL
- Lender
- NewRez LLC d/b/a Shellpoint Mortgage Servicing
- Trustee
- Padgett Law Group
Distress Level
8
Critical distress
Sum of weighted signals (max 10) · formula
- Notice of Foreclosure filed+5
- Auction within 7 days+2
- Previously cancelled or postponed+1
Bid Calculator
Lifecycle
DOT
AST
NTSApr 23
AuctionJun 2
5
ResultCancelled