Why this might be a deal
High distress (7/10) · Underwater by $18k — short-sale or strategic-default territory · primary driver: notice of foreclosure filed
2245 LANTANA DR MELISSA, TX 75454
fclosure.comMelissa, Collin County, TX, 75454
2245 Lantana Dr Melissa, TX 75454
Melissa, Collin County, TX, 75454
$581,731 market value
Underwater by $18,259 (-3%)
Property Details
- Bedrooms
- 5
- Bathrooms
- 4
- Sq Ft
- 3,253
- Year Built
- 2021
- Type
- Residential Single Family (A1)
- Rent Estimate
- $3,343/mo
Financial
- Market Value
- $581,731
- Original Loan
- $599,990
- Estimated Equity
- -$18,259
- Instrument #
- 2024000137824
−$18,259(-3%)
Comparable Sales
Verify on:
Auction
- Sale Date
- Apr 7, 2026
- Filing Date
- Feb 19, 2026
- County
- Collin
- Result
- Cancelled
Due Diligence
Nearby Properties
Parties
- Borrower
- NELLES AUSTON ROBERT
- Lender
- MORTGAGE ELECTRONIC REGISTRATION SYSTEMS INC NOMINEE
- Trustee
- NESTOR SOLUTIONS LLC
Distress Level
7
High distress
Sum of weighted signals (max 10) · formula
- Notice of Foreclosure filed+5
- Underwater+1
- Previously cancelled or postponed+1
Bid Calculator
Lifecycle
DOT
AST
NTSFeb 19
AuctionApr 7
5
ResultCancelled