Why this might be a deal
High distress (6/10) · Underwater by $83k — short-sale or strategic-default territory · primary driver: notice of foreclosure filed
142 CYPRUS GROVE DR LAVON, TX 75166
fclosure.comLavon, Collin County, TX, 75166
142 Cyprus Grove Dr Lavon, TX 75166
Lavon, Collin County, TX, 75166
$502,035 market value
Underwater by $82,865 (-17%)
Property Details
- Bedrooms
- 5
- Bathrooms
- 4.5
- Sq Ft
- 3,749
- Year Built
- 2022
- Type
- Residential Single Family (A1)
- Rent Estimate
- $3,776/mo
Financial
- Market Value
- $502,035
- Original Loan
- $584,900
- Estimated Equity
- -$82,865
- Instrument #
- 2023000039811
−$82,865(-17%)
Comparable Sales
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Auction
- Sale Date
- Jul 7, 2026
- Filing Date
- Apr 9, 2026
- County
- Collin
Due Diligence
Nearby Properties
Parties
- Borrower
- HERMES MICHAEL P
- Lender
- MORTGAGE ELECTRONIC REGISTRATION SYSTEMS INC NOMINEE
- Trustee
- —
Distress Level
6
High distress
Sum of weighted signals (max 10) · formula
- Notice of Foreclosure filed+5
- Underwater+1
Bid Calculator
Lifecycle
DOT
AST
3
NTSApr 94
Auction5
Result