Why this might be a deal
Critical distress (8/10) · Underwater by $638k — short-sale or strategic-default territory · primary driver: notice of foreclosure filed
1307 LEE AVE, FORT WORTH, TX, 76164
fclosure.comFort Worth, Tarrant County, TX, 76164
1307 Lee Ave, Fort Worth, TX, 76164
Fort Worth, Tarrant County, TX, 76164
$252,595 market value
Underwater by $638,493 (-253%)
Property Details
- Bedrooms
- 3
- Bathrooms
- 1
- Sq Ft
- 1,627
- Year Built
- 1930
- Type
- Commercial
- Rent Estimate
- $1,689/mo
Financial
- Market Value
- $252,595
- Original Loan
- $891,088
- Estimated Equity
- -$638,493
- Instrument #
- D214098633
−$638,493(-253%)
Comparable Sales
Verify on:
Auction
- Sale Date
- Jan 6, 2026
- Filing Date
- Oct 16, 2025
- County
- Tarrant
- Result
- Cancelled
Due Diligence
Nearby Properties
Parties
- Borrower
- FLORES JESUS JR.
- Lender
- U S A HOUSING & URBAN DEVELOPMENT
- Trustee
- David Stockman, Donna Stockman, Guy Wiggs, Janet Pinder, Michelle Schwartz, Brandy Bacon, Angela Cooper, Jeff Benton, Jamie Dworsky, Brian Hooper, Mike Jansta, Mike Hayward, Jay Jacobs, Brenda Wiggs, Luis Terrazas, Rick Snone, Steve Shiller, or Andrew Garza
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
NTSOct 16
AuctionJan 6
5
ResultCancelled