Why this might be a deal
Critical distress (8/10) · Underwater by $79k — short-sale or strategic-default territory · primary driver: notice of foreclosure filed
1308 MILMO DR, FORT WORTH, TX, 76134
fclosure.comFort Worth, Tarrant County, TX, 76134
1308 Milmo Dr, Fort Worth, TX, 76134
Fort Worth, Tarrant County, TX, 76134
$222,886 market value
Underwater by $78,690 (-35%)
Property Details
- Bedrooms
- 3
- Bathrooms
- 2
- Sq Ft
- 1,664
- Year Built
- 1959
- Type
- Commercial
- Rent Estimate
- $1,852/mo
Financial
- Market Value
- $222,886
- Original Loan
- $301,576
- Estimated Equity
- -$78,690
- Instrument #
- D205181373
−$78,690(-35%)
Comparable Sales
Verify on:
Auction
- Sale Date
- May 5, 2026
- Filing Date
- Apr 2, 2026
- County
- Tarrant
- Result
- Cancelled
Due Diligence
Nearby Properties
Parties
- Borrower
- KINCADE MICHAEL R
- Lender
- AMERIQUEST MTG CO
- Trustee
- AVT Title Services, LLC
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
NTSApr 2
AuctionMay 5
5
ResultCancelled