Why this might be a deal
Critical distress (8/10) · Underwater by $1.1M — short-sale or strategic-default territory · primary driver: notice of foreclosure filed
12204 WORCHESTER DRIVE, FORT WORTH, TX
fclosure.comFort Worth, Tarrant County, TX
12204 Worchester Drive, Fort Worth, TX
Fort Worth, Tarrant County, TX
$293,000 market value
Underwater by $1,074,710 (-367%)
Property Details
- Sq Ft
- 2,600
- Year Built
- 2001
- Type
- Commercial
Financial
- Market Value
- $293,000
- Original Loan
- $1,367,710
- Estimated Equity
- -$1,074,710
- Instrument #
- D225033859
−$1,074,710(-367%)
Comparable Sales
Verify on:
Auction
- Sale Date
- Mar 3, 2026
- Filing Date
- Feb 10, 2026
- County
- Tarrant
- Result
- Cancelled
Due Diligence
Nearby Properties
Parties
- Borrower
- SMITH CASSANDRA ELAINE
- Lender
- U S A HOUSING AND URBAN DEVELOPMENT
- Trustee
- Jason R. Reed
Distress Level
8
Critical distress
Sum of weighted signals (max 10) · formula
- Notice of Foreclosure filed+5
- Deeply underwater (≥20%)+2
- Previously cancelled or postponed+1
Bid Calculator
Lifecycle
DOT
AST
NTSFeb 10
AuctionMar 3
5
ResultCancelled