Foreclosure Notice - 17931 Preston Rd, DALLAS, 75252 - 10/06/2026
The properties may be occupied; do not disturb the occupants.
Address
Auction Date
Foreclosure
Appraised
Year Built
Lien
Sq. Ft.
Prop Type
Address
Foreclosure
Year Built
Prop Type
17931 Preston Rd
10/06/2026
mortgage
$61,341
0
$18,000,000
0
Residential P ()
17931 Preston Rd
mortgage
0
Residential P ()
For a full list of foreclosure notices please visit the foreclosure listing page
Details
Status:  ACTIVE
Mortgage Foreclosure
Legal Description
BPP AT 17931 PRESTON RD
Links
Additional info
Appraised Value:  $61,341
Year Built:  0
Lien Amount:   $18,000,000
Improvement Area:  0 sq.ft.
Images
image: 0 / 1
prev
next
Foreclosure Notice*
32 Notice ofForeclosure Sale': ST= M? COU'NT'i CLERK September 11, 2026 CULLII COU:gTY. iOAS DEPUTY Deed ofTrust, Security Agreement- Financing Statement(" Deed7of:T " - - 111 Dated: February 23, 2022 Grantor: WASHGUYS 8, LLC Trustee: Marcus Morris First Financial Bank, aTexas statebanking association, successor- Lender: in-interest to First Financial Bank, N.A. Official Public Records of Collin County, Texas under Instrument Recorded in: No. 20220225000310030 Secures: Promissory Note (" Note") in the original principal amount of 18,000,000.00, executed by Grantor and payable to the order of Lender and all other indebtedness, obligations and liabilities of Grantor, any, some or all Obligors( as defined inthe Deed ofTrust) to Lender as described in the Deed of Trust. As used herein, the terms Note and Deed of Trust include all extensions, modifications and amendments thereof. The real property, improvements and other property interests and Property (the" Property"):, rights described in andmortgaged intheDeed ofTrust(collectively defined therein as the " Property"), including without limitation the real property described in the attached Exhibit " A", and all rights and appurtenances thereto TheNote and( among other things) all other indebtedness ofGrantor Guaranty: to Lender are guaranteed by guaranties executed by John C. Pappas, Santhosh N. Kumar and SK Ganesh Group LLC in favor ofLender. Substitute Trustee: Any ofMark S. Zachary, Jessica Haile, Rachel Rickel and Lauren Coursey Street and Mailing Address 400 Pine Street, Suite 800, Abilene, Texas 79601 for Substitute Trustees: Foreclosure Sale: Date: October 6, 2026 Notice ofForeclosure Sale— Washguys 8, LLC( Collin County) Page 1 of4The sale ofthe Property will beheldbetween thehours of10:00 a.m. Time: and 4:00 p.m. local time; the earliest time at which the Foreclosure Salewillbegin is 10:00 a.m. and notlater than three hours thereafter. The front steps of the Collin County Courthouse located at 2100 Place: Bloomdale Road, McKinney, Texas 75071, Collin County, Texas; or in such other area as designated by the Commissioner' s Court of Collin County, Texas pursuant to Section 51.002 of the Texas Property Code. The Foreclosure Sale will be conducted as apublic auction and the Terms of Sale: Property will be sold to the highest bidder for cash, except that Lender' s bid may be by credit against the indebtedness secured by the lien ofthe Deed ofTrust. Default has occurred in the payment ofthe Note and inthe performance ofthe obligations of the Deed of Trust. Because of that default, Lender; the owner and holder of the Note, has requested Substitute Trustee to sell the Property. The Deed ofTrust may encumber both real and personal property. Formal notice ishereby given of Lender' s election to proceed against and sell both the real property and any personal property described inthe Deed ofTrustin accordance withLender'srights and remedies under the Deed ofTrust and section 9.604(a) ofthe Texas Business and Commerce Code. Therefore, notice is given that on and atthe Date, Time, and Place for the Foreclosure Sale described above, Substitute Trustee will sell the Property in accordance with the Terms of Sale described above, the Deed ofTrust, and applicable Texas law. IfLender passes the Foreclosure Sale, notice ofthe date ofany rescheduled foreclosure sale will bereposted and refiled inaccordance with theposting and filing requirements ofthe Deed ofTrust and the Texas Property Code. The Foreclosure Sale will be made expressly subject to any title matters set forth in the Deed of Trust, but prospective bidders are reminded that by law the Foreclosure Sale will necessarily bemade subjectto allpriormatters ofrecord affectingtheProperty,ifany,tothe extent that they remain in force and effect and have not been subordinated to the Deed ofTrust. For the avoidance of doubt, the Foreclosure Sale will not cover any part of the Property that has been released ofpublic record from the lien and/or security interest ofthe Deed ofTrust by Lender. Prospective bidders are strongly urged to examine the applicable property records to determine the nature and extent ofsuch matters, ifany. Pursuant to section 51. 009 ofthe Texas Property Code, the Property will be sold" AS IS," without any expressed or implied warranties, except as to the warranties (if any) provided for under the Deed of Trust, and at purchaser' s own risk. Prospective bidders are advised to conduct an independent investigation ofthe nature and physical condition ofthe Property. Notice ofForeclosure Sale— Washguys 8, LLC( Collin County) Page 2 of4d Pursuant to section 51.0075(a) ofthe Texas Property Code, Substitute Trustee reserves the right to set further reasonable conditions for conducting the Foreclosure Sale. Any such further conditions shall be announced before bidding is opened for the first sale of the day held by Substitute Trustee. Assert and protect your rights as a member ofthe armed forces ofthe United States. Ifyou are or your spouse is serving on active military duty, including active military duty as a member of the Texas National Guard or the National Guard of another state or as a member ofa reserve component ofthe armed forces ofthe United States, please send written notice ofthe active duty military service to the sender ofthis notice immediately. Substitute Trustee: JA Any ofdark S. Zachary, J ssica Haile, Rachel!Rickel and Lauren ursey Notice ofForeclosure Sale— Washguys 8, LLC( CollinCounty) Page 3 of 4Exhibit" A" Tract 1 ( also known as Collin CAD Property IDNo. 2112865) BEING atract ofland situated inthe COLLIN COUNTY SCHOOL LAND SURVEY ABSTRACT NO. 169, Collin County, Texas, and being all of Lot 9A, BLOCK V/8730, of AMERICA'S SERVICE STATION ADDITION, an addition to the City of Dallas as recorded in Volume " L",.Page 686, ofthe Map Records ofCollin County, Texas( MRCCT)and beingmore particularly described asfollows: BEGINNING at a 1/ 2 inch iron rod found for themost Southeasterly corner ofLot 5, Block V/8730 of Custom Stereo Addition, an addition totheCity ofDallas as recorded inCabinet L,Page.667, said paint also beingintheNorthwesterly Right ofWay line ofPreston Road( 120' ROW); THENCESouth21 degrees 39minutes 00seconds Westa distanceof109.96feettoaPKNailfoundfor the most Southeasterly corner ofsaidLot9A; THENCE departing theNorthwesterly ROW line ofsaid Preston Road South 89 degrees 18minutes 48 seconds West a distance of345.46 feet to a 1/ 2 inch capped iron rod found for the most Southwesterly corner ofsaid Lot 9A, said point being in the Easterly line ofLot 1, Block V/8730 of Summer Villas Addition, an addition totheCity ofDallas asrecorded inCabinet L,Page 554; THENCE North 00 degrees 47 minutes 44 seconds West a distance of 182.78 feet to a 1/2 inch capped ironrodfoundforthemostNorthwesterly cornerofsaid Lot9A; THENCENorth 89 degrees 17 minutes 17 seconds East a distance of 189.94 feetto a5/8 inch iron rod found forcorner; THENCE South 68 degrees 21 minutes 46 seconds East a distance of 213.67 feet to the POINT OP BEGINNING, containing within thesemetes and bounds 1.393 acres or 60,693 square feetofland, more or less. Tract 1b( Easement): Easement Estate created in Easement Agreement dated April 19, 1994, by and between McCutchin Brothers Joint Venture No. 2,aTexasjoint venture, and Retail Buildings,`lnc+,an Oklahoma corporation, filed for record April 22, 1994 and recorded under Document No. 1994000039264, Official Public Records ofCollin County, Texas. Tract 1c( Easement): Easement Estate created in Easement Agreement dated March 31, 1995, by and between McCutchin Brothers Joint Venture No. 2, a Texas joint venture and Fonberg Investment Corporation, a Texas corporation, filed for record May 4, 1995 and recorded in Document No. 199500039264, Real Property Records, Collin County, Texas. Tract Id(Easement): Easement Estate created in Utility and Mutual Access Easement Agreement dated March31, 2000by and between SuminitInvestment Group, Inc., aTexas corporation, andS sc E.R. ealEstatePartnership I Ltd., filed forrecord April 5, 2000 andrecorded in Volume4640, Page•3203, later correctedand refiled for record in Volume 4665, Page 931, Official Public Records ofCollin County,Texas. Notice ofForeclosure Sale— Washguys 8, LLC( Collin County) Page 4 of4
Property information is aggregated from multiple public and third-party sources and may occasionally contain reporting, mapping, or data processing inaccuracies. If you notice an error or missing information, please contact support@64cents.com and we will review and correct verified issues as quickly as possible.

Browse More Foreclosures Near This Property