Why this might be a deal

Critical distress (10/10) · Underwater by $250k — short-sale or strategic-default territory · Auction in 6 days · primary driver: notice of foreclosure filed

2332 Glencrest Dr, Ft Worth, TX, 76119

Ft Worth, Tarrant County, TX, 76119

$111,477 market value

Underwater by $250,023 (-224%)

Property Details

Bedrooms: 3
Bathrooms: 1
Sq Ft: 1,153
Year Built: 1950
Type: Commercial
Rent Estimate: $1,829/mo

Financial

Market Value: $111,477
Original Loan: $361,500
Estimated Equity: -$250,023
Instrument #: D222211087

−$250,023(-224%)

Comparable Sales

Verify on:

Zillow Redfin Realtor.com

Auction

Sale Date: Jun 2, 2026
Filing Date: Mar 26, 2026
County: Tarrant
Result: Cancelled

Due Diligence

Nearby Properties

Parties

Borrower: OWENS MARTHA RUSH
Lender: REVERSE MORTGAGE FUNDING LLC
Trustee: Robert W. Smith, Esq.

Distress Level

Critical distress

Sum of weighted signals (max 10) · formula

Notice of Foreclosure filed+5
Auction within 7 days+2
Deeply underwater (≥20%)+2
Previously cancelled or postponed+1

Bid Calculator

Lifecycle

DOT

AST

NTSMar 26

AuctionJun 2

ResultCancelled

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2332 GLENCREST DR, FT WORTH, TX, 76119