Why this might be a deal
High distress (6/10) · 81% under market — about $2.0M of equity to capture · primary driver: notice of foreclosure filed
2180 FM RD 1187
fclosure.comMansfield, Tarrant County, TX, 76016
2180 Fm Rd 1187
Mansfield, Tarrant County, TX, 76016
$2,425,000 market value
81%below market·$2.0MProperty Details
- Year Built
- 1995
- Type
- Commercial
- Rent Estimate
- $2,046/mo
Financial
- Market Value
- $2,425,000
- Original Loan
- $450,000
- Estimated Equity
- $1,975,000
- Instrument #
- D221326523
+$1,975,000(81%)
Comparable Sales
Verify on:
Auction
- Sale Date
- Jan 6, 2026
- Filing Date
- Dec 12, 2025
- County
- Tarrant
- Result
- Cancelled
Due Diligence
Nearby Properties
Parties
- Borrower
- POWELL JAMES CHARLES
- Lender
- TEXAS NATIONAL BANK
- Trustee
- Cahlen D. Cheatham
Distress Level
6
High distress
Sum of weighted signals (max 10) · formula
- Notice of Foreclosure filed+5
- Previously cancelled or postponed+1
Bid Calculator
Lifecycle
DOT
AST
NTSDec 12
AuctionJan 6
5
ResultCancelled