Why this might be a deal
Critical distress (10/10) · Underwater by $35k — short-sale or strategic-default territory · primary driver: notice of foreclosure filed
511 KARNES ST, FORT WORTH, TX, 76111
fclosure.comFort Worth, Tarrant County, TX, 76111
511 Karnes St, Fort Worth, TX, 76111
Fort Worth, Tarrant County, TX, 76111
$45,000 market value
Underwater by $35,000 (-78%)
Property Details
- Bedrooms
- 3
- Bathrooms
- 1
- Sq Ft
- 1,328
- Year Built
- 1945
- Type
- Commercial
- Rent Estimate
- $1,647/mo
Financial
- Market Value
- $45,000
- Original Loan
- $80,000
- Estimated Equity
- -$35,000
- Instrument #
- D218154951
−$35,000(-78%)
Comparable Sales
Verify on:
Liens & Violations
Code Violations
9
Latest Apr 30, 2026
Auction
- Sale Date
- Mar 3, 2026
- Filing Date
- Feb 9, 2026
- County
- Tarrant
- Result
- Cancelled
Due Diligence
Nearby Properties
Parties
- Borrower
- HILL REAL ESTATE INVESTMENTS LLC
- Lender
- RCD INVESTMENT TRUST
- Trustee
- Ted Gambordella
Distress Level
10
Critical distress
Sum of weighted signals (max 10) · formula
- Notice of Foreclosure filed+5
- Deeply underwater (≥20%)+2
- Multiple code violations+2
- Previously cancelled or postponed+1
Bid Calculator
Lifecycle
DOT
AST
NTSFeb 9
AuctionMar 3
5
ResultCancelled