Why this might be a deal
Critical distress (8/10) · Underwater by $2.7M — short-sale or strategic-default territory · primary driver: notice of foreclosure filed
641 NORTH BECKLEY STREET, DESOTO, TEXAS 75217
fclosure.comDeSoto, Dallas County, TX, 75217
641 North Beckley Street, Desoto, Texas 75217
Desoto, Dallas County, TX, 75217
$584,340 market value
Underwater by $2,682,660 (-459%)
Property Details
- Type
- Residential
- Rent Estimate
- $1,630/mo
Financial
- Market Value
- $584,340
- Original Loan
- $3,267,000
- Estimated Equity
- -$2,682,660
- Instrument #
- 20070169370
−$2,682,660(-459%)
Comparable Sales
Verify on:
Auction
- Sale Date
- Mar 3, 2026
- Filing Date
- May 11, 2007
- County
- Dallas
- Result
- Cancelled
Due Diligence
Nearby Properties
Parties
- Borrower
- TORTUGAS HOSPITALITY LP & PATELO INVESTMENTS, LLC & SURESH R. PATEL
- Lender
- NATIONAL LOAN ACQUISITIONS COMPANY
- Trustee
- THE SUBSTITUTE TRUSTEE(S) IDENTIFIED TO SELL THE PROPERTY DESCRIBED IN THE SECURITY INSTRUMENT IDENTIFIED IN THIS NOTICE OF SALE THE PERSON SIGNING THIS NOTICE IS THE ATTORNEY OR AUTHORIZED AGENT OF T
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
NTSMay 11
AuctionMar 3
5
ResultCancelled