516 Midway Dr

Desoto, TX, 75115

Foreclosure7 days

Why this might be a deal

High distress (7/10) · 13% under market · Auction in 6 days · primary driver: notice of foreclosure filed

516 Midway Dr

Desoto, Dallas County, TX, 75115

$421,950 market value

13%below market·$54k

Property Details

Bedrooms: 4
Bathrooms: 3
Sq Ft: 2,709
Year Built: 2020
Type: Residential
Rent Estimate: $2,851/mo

Financial

Market Value: $421,950
Original Loan: $368,247
Estimated Equity: $53,703
Instrument #: 202600000660

+$53,703(13%)

Comparable Sales

Verify on:

Zillow Redfin Realtor.com

Auction

Sale Date: Jun 2, 2026
Filing Date: Apr 16, 2026
County: Dallas

Due Diligence

Nearby Properties

Parties

Borrower: Ollie M. Futrell
Lender: CARRINGTON MORTGAGE SERVICES LLC
Trustee: Selene Financel, Inc.

Distress Level

7

High distress

Sum of weighted signals (max 10) · formula

Notice of Foreclosure filed+5
Auction within 7 days+2

Bid Calculator

Lifecycle

DOT

AST

3

NTSApr 16

4

Auction

5

Result

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