Why this might be a deal
Critical distress (8/10) · Underwater by $243k — short-sale or strategic-default territory · primary driver: notice of foreclosure filed
2008 HEMPHILL ST, FORT WORTH, TX
fclosure.comFort Worth, Tarrant County, TX
2008 Hemphill St, Fort Worth, TX
Fort Worth, Tarrant County, TX
$98,200 market value
Underwater by $242,800 (-247%)
Property Details
- Year Built
- 1920
- Type
- Commercial
Financial
- Market Value
- $98,200
- Original Loan
- $341,000
- Estimated Equity
- -$242,800
- Instrument #
- D224018782
−$242,800(-247%)
Comparable Sales
Verify on:
Auction
- Sale Date
- May 5, 2026
- Filing Date
- Apr 13, 2026
- County
- Tarrant
- Result
- Cancelled
Due Diligence
Nearby Properties
Parties
- Borrower
- CHACKO STEPHEN
- Lender
- PRECISION CAPITAL LP
- Trustee
- L. Scott Horne
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 13
AuctionMay 5
5
ResultCancelled