Why this might be a deal
Critical distress (9/10) · Underwater by $18k — short-sale or strategic-default territory · Auction in 6 days · primary driver: notice of foreclosure filed
987 RICHARD PITTMON DR
fclosure.comDeSoto, Dallas County, TX, 75115
987 Richard Pittmon Dr
Desoto, Dallas County, TX, 75115
$72,000 market value
Underwater by $17,667 (-25%)
Property Details
- Sq Ft
- 2,815
- Year Built
- 2025
- Type
- Residential
- Rent Estimate
- $2,941/mo
Financial
- Market Value
- $72,000
- Original Loan
- $89,667
- Estimated Equity
- -$17,667
- Instrument #
- 202600000316
−$17,667(-25%)
Comparable Sales
Verify on:
Auction
- Sale Date
- Jun 2, 2026
- Filing Date
- Mar 19, 2026
- County
- Dallas
Due Diligence
Nearby Properties
Parties
- Borrower
- SIMMONS BANK
- Lender
- HORTON CAPITAL PROPERTIES LLC
- Trustee
- AUCnON.COM LLC, or XOME Inc and Tejas Corporate Services LLC, or Abstracts/Trustees of Texas, LLC, or Tejas Corporate Services, LLC
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
NTSMar 194
Auction5
Result