Why this might be a deal
Critical distress (9/10) · Underwater by $1.7M — short-sale or strategic-default territory · Auction in 6 days · primary driver: notice of foreclosure filed
7402 FAIRFIELD DR
fclosure.comRowlett, Dallas County, TX, 75089
7402 Fairfield Dr
Rowlett, Dallas County, TX, 75089
$344,440 market value
Underwater by $1,655,560 (-481%)
Property Details
- Bedrooms
- 4
- Bathrooms
- 2
- Sq Ft
- 1,870
- Year Built
- 2001
- Type
- Residential
- Rent Estimate
- $2,874/mo
Financial
- Market Value
- $344,440
- Original Loan
- $2,000,000
- Estimated Equity
- -$1,655,560
- Instrument #
- 202600000997
−$1,655,560(-481%)
Comparable Sales
Verify on:
Auction
- Sale Date
- Jun 2, 2026
- Filing Date
- May 12, 2026
- County
- Dallas
Due Diligence
Nearby Properties
Parties
- Borrower
- SRRAF LLC
- Lender
- MORTGAGE ELECTRONIC REGISTRATION SYSTEMS INC
- Trustee
- EMORY C. POWERS and/or JASMINE SINGH
Distress Level
9
Critical distress
Sum of weighted signals (max 10) · formula
- Notice of Foreclosure filed+5
- Auction within 7 days+2
- Deeply underwater (≥20%)+2
Bid Calculator
Lifecycle
DOT
AST
3
NTSMay 124
Auction5
Result