1516 Kinglet St., Desoto, TX 75115

Desoto, TX, 75115

ForeclosurePast

Why this might be a deal

Critical distress (10/10) · 27% under market · primary driver: notice of foreclosure filed

1516 Kinglet St., Desoto, TX 75115

Desoto, Dallas County, TX, 75115

$393,600 market value

27%below market·$106k

Property Details

Bedrooms
4
Bathrooms
3
Sq Ft
2,618
Year Built
2020
Type
Residential
Rent Estimate
$2,572/mo

Financial

Market Value
$393,600
Original Loan
$287,594
Estimated Equity
$106,006
Instrument #
202000224338

+$106,006(27%)

Comparable Sales

Liens & Violations

HOA Lien
$1
Homeowners Association
Tax Lien
$2,004,205
IRS / property tax

Auction

Sale Date
Apr 7, 2026
Filing Date
Aug 19, 2020
County
Dallas
Result
Cancelled

Due Diligence

Nearby Properties

Parties

Borrower
Marcus Richardson, an unmarried man
Lender
SERVIS ONE, INC DBA BSI FINANCIAL SERVICES
Trustee

Distress Level

10
Critical distress
Sum of weighted signals (max 10) · formula
  • Notice of Foreclosure filed+5
  • Large tax lien+3
  • HOA lien+1
  • Previously cancelled or postponed+1

Bid Calculator

Lifecycle

DOT
AST
NTSAug 19
AuctionApr 7
5
ResultCancelled
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