Why this might be a deal
High distress (7/10) · Underwater by $286k — short-sale or strategic-default territory · primary driver: notice of foreclosure filed
8018 RAINBOW DR
fclosure.comRowlett, Dallas County, TX, 75089
8018 Rainbow Dr
Rowlett, Dallas County, TX, 75089
$299,950 market value
Underwater by $285,550 (-95%)
Property Details
- Bedrooms
- 3
- Bathrooms
- 2
- Sq Ft
- 1,470
- Year Built
- 1986
- Type
- Residential
- Rent Estimate
- $2,344/mo
Financial
- Market Value
- $299,950
- Original Loan
- $585,500
- Estimated Equity
- -$285,550
- Instrument #
- 202600000100
−$285,550(-95%)
Comparable Sales
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Auction
- Sale Date
- May 5, 2026
- Filing Date
- Mar 5, 2026
- County
- Dallas
Due Diligence
Nearby Properties
Parties
- Borrower
- MCNALLY TERENCE
- Lender
- NATIONSTAR MORTGAGE LLC
- Trustee
- De Cubas & Lewis, P.C
Distress Level
7
High distress
Sum of weighted signals (max 10) · formula
- Notice of Foreclosure filed+5
- Deeply underwater (≥20%)+2
Bid Calculator
Lifecycle
DOT
AST
NTSMar 5
4
AuctionMay 55
Result