Why this might be a deal
Critical distress (8/10) · Underwater by $839k — short-sale or strategic-default territory · primary driver: notice of foreclosure filed
8804 ELK CREEK LANE, FORT WORTH, TX
fclosure.comFort Worth, Tarrant County, TX
8804 Elk Creek Lane, Fort Worth, TX
Fort Worth, Tarrant County, TX
$289,972 market value
Underwater by $838,807 (-289%)
Property Details
- Sq Ft
- 1,748
- Year Built
- 2014
- Type
- Commercial
Financial
- Market Value
- $289,972
- Original Loan
- $1,128,779
- Estimated Equity
- -$838,807
- Instrument #
- D221216414
−$838,807(-289%)
Comparable Sales
Verify on:
Auction
- Sale Date
- May 5, 2026
- Filing Date
- Apr 14, 2026
- County
- Tarrant
- Result
- Cancelled
Due Diligence
Nearby Properties
Parties
- Borrower
- MARES ORLANDO
- Lender
- U S A HOUSING AND URBAN DEVELOPMENT
- Trustee
- Jason R. Reed
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
NTSApr 14
AuctionMay 5
5
ResultCancelled