1616 Mineral Springs Dr Allen, TX 75002

Allen, TX, 75002

Foreclosure7 days

Why this might be a deal

High distress (7/10) · 68% under market — about $300k of equity to capture · Auction in 6 days · primary driver: notice of foreclosure filed

1616 Mineral Springs Dr Allen, TX 75002

Allen, Collin County, TX, 75002

$439,331 market value

68%below market·$300k

1 view

Property Details

Bedrooms: 4
Bathrooms: 3
Sq Ft: 2,640
Year Built: 2003
Type: Residential Single Family (A1)
Rent Estimate: $2,837/mo

Financial

Market Value: $439,331
Original Loan: $139,500
Estimated Equity: $299,831
Instrument #: 20061102001573430

+$299,831(68%)

Comparable Sales

Verify on:

Zillow Redfin Realtor.com

Auction

Sale Date: Jun 2, 2026
Filing Date: Apr 2, 2026
County: Collin

Due Diligence

Nearby Properties

Parties

Borrower: STEINMAN PATRICK R
Lender: WASHINGTON MUTUAL BANK
Trustee: FIDELITY NATIONAL TITLE

Distress Level

7

High distress

Sum of weighted signals (max 10) · formula

Notice of Foreclosure filed+5
Auction within 7 days+2

Bid Calculator

Lifecycle

DOT

AST

3

NTSApr 2

4

Auction

5

Result

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1616 MINERAL SPRINGS DR ALLEN, TX 75002 — Foreclosure Notice | Collin County | Fclosure