Foreclosure Notice - 350 E LOUISIANA ST, MCKINNEY, 75069 - 04/07/2026
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
350 E LOUISIANA ST
04/07/2026
mortgage
$2,296,369
1930
$3,866,600
13,500
Business R(F1)
350 E LOUISIANA ST
mortgage
1930
Business R(F1)
For a full list of foreclosure notices please visit the foreclosure listing page
Details
Status:  UNKNOWN
Mortgage Foreclosure
Legal Description
LOUISIANA STREET GRILL ADDITION CMC, BLK A, LOT 1
Links
Additional info
Appraised Value:  $2,296,369
Year Built:  1930
Lien Amount:   $3,866,600
Improvement Area:  13,500 sq.ft.
Lot Size:  37,492.09 sq.ft.
Foreclosure Notice*
NOTICE OFAPPOINTMENT OFSUBSTITUTE TRUSTEE ANDTRUSTEE' SSALE Assert andprotect your rights asamember ofthearmed forces oftheUnited States. If youareoryourspouse isserving onactivemilitary duty, including activemilitary duty asamember oftheTexas National Guard ortheNational Guard ofanother stateoras amember ofareserve component ofthearmed forcesoftheUnited States, pleasesend written noticeoftheactivedutymilitary service tothesender ofthisnoticeimmediately. Noticeisherebygivenofapublicnonjudicialforeclosure sale. 1. Property ToBeSold. Therealpropertytobesold, alongwithallimprovements and personal property thereonandrightsappurtenant theretoasdescribed intheDeedofTrust defined below), ismoreparticularly described below(the"Property"): PARCEL: 2671632 LOT1, BLOCKA, LOUISIANA STREET GRILLADDITION, ANADDITION TOTHECITYOFMCKINNEY, COLLIN COUNTY, TEXAS, ACCORDING TOTHEMAPORPLATRECORDED INVOLUME 2011, PAGE145, PLAT RECORDS OFCOLLIN COUNTY TEXAS. TheRealPropertyoritsaddressIscommonly knownas350EastLouisiana Street, McKinney, TX75069. 2. Date, Time, andPlaceofSale. Thesaleisscheduled tobeheldatthefollowing date, time, andplace: Date": April7, 2026 Time": Thesaleshallbeginnoearlierthan10:00A.M. Central Standard Timeand nolaterthanthreehours thereafter. Thesaleshallbecompleted byno laterthan4:00P.M. a"dace": THEFRONT STEPS OFTHECOLLIN COUNTY COURTHOUSE, WWr2100BLOOMDALE RD., MCKINNEY, COLLIN COUNTY, STATE L.L.I OFTEXAS, ORASDESIGNATED BYTHE COUNTY I COMMISSIONER' SCOURT PURSUANT TOSECTION 51.002OF Oilmoma. - THETEXAS PROPERTY CODE ASTHEPLACE WHERE NON- JUDICIAL FORECLOSURE SALES ARETOTAKE PLACE ORAS QDESIGNATED BYTHECOUNTY COMMISSIONERS' COURT. NoticeisgiventhatonandattheDate, Time, andPlacefortheForeclosure Sale defined below), Substitute Trustee (definedbelow) willsellthePropertyinaccordance withthe Terms ofSale(defined below), theDeedofTrust, andapplicable Texaslaw. TheDeedofTrustpermitstheLender ( defined below) topostpone, withdraw, or reschedule theForeclosure Saleforanotherday. Inthatcase, thetrustee orsubstitute trustee under theDeedofTrustneednotappear attheDate, Time, andPlaceofascheduled saletoannounce thepostponement, withdrawal, orrescheduling. Noticeofthedateofanyrescheduled foreclosure salewillberepostedandre-filedinaccordance withthepostingandfiling requirements oftheTexasProperty Code. Suchreposting orre-filingmaybeafterthedate originally scheduled forthisForeclosure Sale. 3. TermsofSale. TheForeclosure Salewillbeconducted pursuanttothefollowing" Terms ofSale": asapublicauctiontothehighestbidderforcash, subjecttotheprovisions oftheDeed ofTrustpermitting theLendertohavethebidcreditedtotheNote (asdefinedbelow) uptothe amountoftheunpaiddebtsecuredbytheDeedofTrustatthetimeoftheForeclosure Sale, and thosedesiringtopurchasethePropertywillneedtodemonstrate theirabilitytopaycashonthe daythePropertyissold. TheDeedofTrustmayencumber bothrealandpersonalproperty. Formalnoticeis givenofLender'selectiontoproceedagainstandsellboththerealpropertyandanypersonal propertydescribed intheDeedofTrustinaccordance withLender'srightsandremedies under theDeedofTrustandSection 9.604(a) oftheTexasBusiness andCommerce Code. TheForeclosure Salewillbemadeexpressly subjecttoanytitlematterssetforthinthe DeedofTrust, butprospective biddersarereminded thatbylawtheForeclosure Salewill necessarily bemadesubjecttoallpriormattersofrecordaffectingtheProperty, ifany, tothe extentthattheyremaininforceandeffectandhavenotbeensubordinated totheDeedofTrust. Prospective biddersarestronglyurgedtoexaminetheapplicable propertyrecordstodetermine thenatureandextentofsuchmatters, ifany. Pursuant tosection51.009oftheTexasPropertyCode, thePropertywillbesoldin "as is, whereis" condition, withoutanyexpressorimpliedwarranties, exceptastothewarranties of title(ifany)provided forundertheDeedofTrust. Prospective biddersareadvisedtoconductan independent investigation ofthenatureandphysicalconditionoftheProperty. Pursuant tosection51.0075oftheTexasPropertyCode, theSubstitute Trusteereserves therighttosetfurtherreasonable conditions forconducting theForeclosure Sale. Anysuch furtherconditions shallbeannounced beforebiddingisopenedforthefirstsaleofthedayheld bytheSubstitute Trustee. 4. Appointment ofSubstitute Trustee. TheDeedofTrustpermitsLendertoappointa Substitute Trustee under theDeedofTrustforpurposes ofanonjudicialtrustee' ssale. This document constitutes noticeoftheLender' sremoval ofthetrusteenamedintheDeedofTrust andtheappointment ofthepersonsnamedbelow, collectively, as "Substitute Trustee". Substitute Trustee: R. TuckerThomas orNathan W. Blackburn orRobertA. Blackwell or WalterA. HerringorLindseyReinhardt Blackwell, Blackburn, Herring& Singer, LLP 7557Rambler Road, Suite1450 Dallas, Texas 752315. TypeofSale. Thesaleisanonjudicial deedoftrustlienandsecurityinterest foreclosure sale (the "Foreclosure Sale") beingconducted pursuanttothepowerofsalegranted bythatcertainthatcertainDeedofTrustfrom350E. LOUISIANA, LP, aTexaslimited partnership, toDavidClem, asTrustee, forthebenefitofLenderdatedMarch4, 2022, and recordedonMarch18, 2022, intherealpropertyrecordsofCollinCounty, TexasasInstrument No. 2022032400470690, asassigned toLenderinthatcertainAssignment ofDeedofTrustdated March 4, 2026, recorded March 11, 2026, asInstrument No. 2026000030561 ( the "Deedof Trust"). 6. Obligations Secured. TheDeedofTrustsecuresthepayment oftheindebtedness and obligations thereindescribed including butnotlimitedto (a) Noteintheinitialprincipal amount of$3,866,600.00madebyLOCALYOCALLLC, aTexaslimitedliabilitycompany, and350E. LOUISIANA, LP, aTexaslimitedpartnership ( collectively, " Borrower"), infavorofWestdale Capital Investors 3, LP ("Lender"), datedMarch 4, 2022 ( the "Note"); ( b) Business Loan Agreement ofevendatetherewith and(c) allotherdocuments entered intoinconnection withthe foregoing( collectively, the"LoanDocuments"). AsofMarch 16, 2026, $3,990,592.66, beingprincipal andinterest, wasowedunderthe Note. Thisdoesnotincludeinterestaccruingfromandafterthatdateorcertainapplications to theloanbalancefromthatdate, attorneyfeesoranyotherexpensesarisingfromorrelatingto Lender' scollection ofsuchamounts and/orexercise ofitsremedies. Further, theNoteissecuredbyanotherDeedofTrustmadebyBorrower byLenderto Borrower foranotherpropertylocatedat361E. Louisiana StreetinMcKinney, Texas. Questions concerning theForeclosure Salemaybedirectedtotheundersigned orto Lender at: Westdale Capital Investors 3, LP 2550Pacific Avenue, Suite1600 Dallas, TX75226 Attention: JustinJ. Lavine Ref: Loan# 8900020318 7. Default andRequest ToAct. Defaulthasoccurred andiscontinuing undertheLoan Documents, andtheLenderhasrequested thatSubstitute Trustee conduct thisForeclosure Sale. NoticeisgiventhatbeforetheForeclosure SaleLendermayappointanotherpersonsubstitute trustee toconduct theForeclosure Sale. Remainder ofPageIntentionallyLeftBlankIDATED: March16, 2026 LENDER: WESTDALE CAPITAL INVESTORS 3, LP By: Westdale Cpaital 3GP, LLC, itsGeneral Partner By: 4-- , 44--, ` -e Name: JstinJ. Lavine Title: VicePresident SUBSTITUTE TRUSTEE: R. Tucker Thomas, Substitute Trustee Blackwell, Blackburn, Herring& Singer, LLP 7557Rambler Road, Suite1450 Dallas, Texas75231 Telephone: ( 214) 442-9612 Fax: (214)442-9621
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