Why this might be a deal
Critical distress (8/10) · Underwater by $59k — short-sale or strategic-default territory · primary driver: notice of foreclosure filed
7012 LAKE WHITNEY DRIVE, ARLINGTON, TX, 76002
fclosure.comArlington, Tarrant County, TX, 76002
7012 Lake Whitney Drive, Arlington, TX, 76002
Arlington, Tarrant County, TX, 76002
$277,191 market value
Underwater by $58,934 (-21%)
Property Details
- Bedrooms
- 4
- Bathrooms
- 2.5
- Sq Ft
- 3,396
- Year Built
- 2002
- Type
- Commercial
- Rent Estimate
- $2,725/mo
Financial
- Market Value
- $277,191
- Original Loan
- $336,125
- Estimated Equity
- -$58,934
- Instrument #
- D221276523
−$58,934(-21%)
Comparable Sales
Verify on:
Auction
- Sale Date
- Feb 3, 2026
- Filing Date
- Jan 5, 2026
- County
- Tarrant
- Result
- Cancelled
Due Diligence
Nearby Properties
Parties
- Borrower
- HITCHCOCK MICHAEL R.
- Lender
- ASPIRE FINANCIAL INC
- Trustee
- Prestige Default Services, LLC
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
NTSJan 5
AuctionFeb 3
5
ResultCancelled