Why this might be a deal
Critical distress (9/10) · Underwater by $173k — short-sale or strategic-default territory · Auction in 6 days · primary driver: notice of foreclosure filed
11608 LIPPITT AVE
fclosure.comRichardson, Dallas County, TX, 75085
11608 Lippitt Ave
Richardson, Dallas County, TX, 75085
$223,630 market value
Underwater by $173,460 (-78%)
Property Details
- Sq Ft
- 864
- Year Built
- 1951
- Type
- Residential
- Rent Estimate
- $2,328/mo
Financial
- Market Value
- $223,630
- Original Loan
- $397,090
- Estimated Equity
- -$173,460
- Instrument #
- 202600000795
−$173,460(-78%)
Comparable Sales
Verify on:
Auction
- Sale Date
- Jun 2, 2026
- Filing Date
- Apr 30, 2026
- County
- Dallas
Due Diligence
Nearby Properties
Parties
- Borrower
- STAUTER MASON LLC
- Lender
- Cornerstone Home Lending, a Division of Cornerstone Capital Bank, SSB
- Trustee
- —
Distress Level
9
Critical distress
Sum of weighted signals (max 10) · formula
- Notice of Foreclosure filed+5
- Auction within 7 days+2
- Deeply underwater (≥20%)+2
Bid Calculator
Lifecycle
DOT
AST
3
NTSApr 304
Auction5
Result