Why this might be a deal
Critical distress (8/10) · Underwater by $39k — short-sale or strategic-default territory · Auction in 6 days · primary driver: notice of foreclosure filed
4511 POSADA DR
fclosure.comDallas, Dallas County, TX, 75211
4511 Posada Dr
Dallas, Dallas County, TX, 75211
$264,510 market value
Underwater by $39,490 (-15%)
Property Details
- Bedrooms
- 3
- Bathrooms
- 2
- Sq Ft
- 1,276
- Year Built
- 1998
- Type
- Residential
- Rent Estimate
- $2,544/mo
Financial
- Market Value
- $264,510
- Original Loan
- $304,000
- Estimated Equity
- -$39,490
- Instrument #
- 202600000814
−$39,490(-15%)
Comparable Sales
Verify on:
Auction
- Sale Date
- Jun 2, 2026
- Filing Date
- May 4, 2026
- County
- Dallas
Due Diligence
Nearby Properties
Parties
- Borrower
- Marlon Patterson Jr, Single Man
- Lender
- MORTGAGE ELECTRONIC REGISTRATION SYSTEMS INC
- Trustee
- Nestor Solutions, LLC
Distress Level
8
Critical distress
Sum of weighted signals (max 10) · formula
- Notice of Foreclosure filed+5
- Auction within 7 days+2
- Underwater+1
Bid Calculator
Lifecycle
DOT
AST
3
NTSMay 44
Auction5
Result