Why this might be a deal
High distress (7/10) · Underwater by $20k — short-sale or strategic-default territory · primary driver: notice of foreclosure filed
2342 KING RICHARD DR, GRAND PRAIRIE, TX, 75050
fclosure.comGrand Prairie, Tarrant County, TX, 75050
2342 King Richard Dr, Grand Prairie, TX, 75050
Grand Prairie, Tarrant County, TX, 75050
$488,000 market value
Underwater by $19,500 (-4%)
Property Details
- Bedrooms
- 4
- Bathrooms
- 4
- Sq Ft
- 4,007
- Year Built
- 1978
- Type
- Commercial
- Rent Estimate
- $2,996/mo
Financial
- Market Value
- $488,000
- Original Loan
- $507,500
- Estimated Equity
- -$19,500
- Instrument #
- D224015449
−$19,500(-4%)
Comparable Sales
Verify on:
Auction
- Sale Date
- Mar 3, 2026
- Filing Date
- Feb 10, 2026
- County
- Tarrant
- Result
- Cancelled
Due Diligence
Nearby Properties
Parties
- Borrower
- 6706 ORCHID, LLC
- Lender
- LOCKETT-N-HOMES
- Trustee
- David Garvin, David Stockman, Donna Stockman, Guy Wiggs, Michelle Schwartz, Janet Pinder, Jeff Benton, Brandy Bacon, Jamie Dworsky, Angela Cooper Brown, Leslie Shuler or Robin Shelton
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 10
AuctionMar 3
5
ResultCancelled