Why this might be a deal
Critical distress (8/10) · Underwater by $1.0M — short-sale or strategic-default territory · primary driver: notice of foreclosure filed
3912 ORLANDO SPRINGS DRIVE, FORT WORTH, TX, 76123
fclosure.comFort Worth, Tarrant County, TX, 76123
3912 Orlando Springs Drive, Fort Worth, TX, 76123
Fort Worth, Tarrant County, TX, 76123
$314,000 market value
Underwater by $1,002,024 (-319%)
Property Details
- Bedrooms
- 4
- Bathrooms
- 2
- Sq Ft
- 2,780
- Year Built
- 2002
- Type
- Commercial
- Rent Estimate
- $2,342/mo
Financial
- Market Value
- $314,000
- Original Loan
- $1,316,024
- Estimated Equity
- -$1,002,024
- Instrument #
- D206321614
−$1,002,024(-319%)
Comparable Sales
Verify on:
Auction
- Sale Date
- May 5, 2026
- Filing Date
- Mar 26, 2026
- County
- Tarrant
- Result
- Cancelled
Due Diligence
Nearby Properties
Parties
- Borrower
- ALLEN FRED III
- Lender
- RESMAE MTG CORP
- Trustee
- Donna Stockman
Distress Level
8
Critical distress
Sum of weighted signals (max 10) · formula
- Notice of Foreclosure filed+5
- Deeply underwater (≥20%)+2
- Previously cancelled or postponed+1
Bid Calculator
Lifecycle
DOT
AST
NTSMar 26
AuctionMay 5
5
ResultCancelled