Why this might be a deal
High distress (7/10) · Underwater by $21k — short-sale or strategic-default territory · primary driver: notice of foreclosure filed
5520 TRAIL LAKE DRIVE, FORT WORTH, TX, 76133
fclosure.comFort Worth, Tarrant County, TX, 76133
5520 Trail Lake Drive, Fort Worth, TX, 76133
Fort Worth, Tarrant County, TX, 76133
$119,147 market value
Underwater by $20,853 (-18%)
Property Details
- Bedrooms
- 1
- Bathrooms
- 1
- Sq Ft
- 1,133
- Year Built
- 1955
- Type
- Commercial
- Rent Estimate
- $1,752/mo
Financial
- Market Value
- $119,147
- Original Loan
- $140,000
- Estimated Equity
- -$20,853
- Instrument #
- D223138143
−$20,853(-18%)
Comparable Sales
Verify on:
Auction
- Sale Date
- Feb 3, 2026
- Filing Date
- Jan 8, 2026
- County
- Tarrant
- Result
- Cancelled
Due Diligence
Nearby Properties
Parties
- Borrower
- DFW DEVS LLC
- Lender
- IFP FUND I LLC
- Trustee
- David Russell Klick
Distress Level
7
High distress
Sum of weighted signals (max 10) · formula
- Notice of Foreclosure filed+5
- Underwater+1
- Previously cancelled or postponed+1
Bid Calculator
Lifecycle
DOT
AST
NTSJan 8
AuctionFeb 3
5
ResultCancelled