Why this might be a deal
Critical distress (8/10) · Underwater by $1.1M — short-sale or strategic-default territory · primary driver: notice of foreclosure filed
4136 NORWAY LANE, GRAND PRAIRIE, TX, 75052
fclosure.comGrand Prairie, Tarrant County, TX, 75052
4136 Norway Lane, Grand Prairie, TX, 75052
Grand Prairie, Tarrant County, TX, 75052
$317,108 market value
Underwater by $1,083,792 (-342%)
Property Details
- Bedrooms
- 3
- Bathrooms
- 2
- Sq Ft
- 1,957
- Year Built
- 1989
- Type
- Commercial
- Rent Estimate
- $2,234/mo
Financial
- Market Value
- $317,108
- Original Loan
- $1,400,900
- Estimated Equity
- -$1,083,792
- Instrument #
- D207234199
−$1,083,792(-342%)
Comparable Sales
Verify on:
Auction
- Sale Date
- Apr 7, 2026
- Filing Date
- Feb 26, 2026
- County
- Tarrant
- Result
- Cancelled
Due Diligence
Nearby Properties
Parties
- Borrower
- ELLIS SHONE
- Lender
- BANK OF AMERICA
- Trustee
- Padgett Law Group
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
NTSFeb 26
AuctionApr 7
5
ResultCancelled