Why this might be a deal
Critical distress (9/10) · Underwater by $4.2M — short-sale or strategic-default territory · Auction in 6 days · primary driver: notice of foreclosure filed
2309 RICHWOOD DR
fclosure.comFrisco, Dallas County, TX, 75036
2309 Richwood Dr
Frisco, Dallas County, TX, 75036
$281,500 market value
Underwater by $4,218,500 (-1499%)
Property Details
- Sq Ft
- 1,650
- Year Built
- 1972
- Type
- Residential
- Rent Estimate
- $3,353/mo
Financial
- Market Value
- $281,500
- Original Loan
- $4,500,000
- Estimated Equity
- -$4,218,500
- Instrument #
- 202600000909
−$4,218,500(-1499%)
Comparable Sales
Verify on:
Auction
- Sale Date
- Jun 2, 2026
- Filing Date
- May 11, 2026
- County
- Dallas
Due Diligence
Nearby Properties
Parties
- Borrower
- PEREZ MONICA
- Lender
- TEXAS SECURITY BANK
- Trustee
- DAVID GARVIN, MICHELLE SCHWARTZ, KELLY GODDARD, JEFF BENTON, BONNIE MOUNGER, BRANDY BACON, GUY WIGGS, DAVID STOCKMAN, DONNA STOCKMAN, JANET PINDER, JAMIE DWORSKY, ANGELA BROWN, LESLIE SHULER, ROBIN SHELTON
Distress Level
9
Critical distress
Sum of weighted signals (max 10) · formula
- Notice of Foreclosure filed+5
- Auction within 7 days+2
- Deeply underwater (≥20%)+2
Bid Calculator
Lifecycle
DOT
AST
3
NTSMay 114
Auction5
Result