Why this might be a deal
High distress (6/10) · 70% under market — about $200k of equity to capture · primary driver: notice of foreclosure filed
1116 TERRACE, FORT WORTH, TX, 76106
fclosure.comFort Worth, Tarrant County, TX, 76106
1116 Terrace, Fort Worth, TX, 76106
Fort Worth, Tarrant County, TX, 76106
$284,818 market value
70%below market·$200kProperty Details
- Bedrooms
- 3
- Bathrooms
- 2
- Sq Ft
- 792
- Year Built
- 1962
- Type
- Commercial
- Rent Estimate
- $1,700/mo
Financial
- Market Value
- $284,818
- Original Loan
- $84,900
- Estimated Equity
- $199,918
- Instrument #
- D207074690
+$199,918(70%)
Comparable Sales
Verify on:
Auction
- Sale Date
- Mar 3, 2026
- Filing Date
- Jan 22, 2026
- County
- Tarrant
- Result
- Cancelled
Due Diligence
Nearby Properties
Parties
- Borrower
- GUILLEN TOMAS A.
- Lender
- INDYMAC BANK FSB
- Trustee
- POWER DEFAULT SERVICES, INC.
Distress Level
6
High distress
Sum of weighted signals (max 10) · formula
- Notice of Foreclosure filed+5
- Previously cancelled or postponed+1
Bid Calculator
Lifecycle
DOT
AST
NTSJan 22
AuctionMar 3
5
ResultCancelled