Foreclosure Notice - 412 W Mile 3 Rd, Palmhurst, 78573 - 06/02/2026
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
412 W Mile 3 Rd
06/02/2026
mortgage
$523,730
1988
$416,000
3,048
R (F1)
412 W Mile 3 Rd
mortgage
1988
R (F1)
For a full list of foreclosure notices please visit the foreclosure listing page
Details
Status:  UNKNOWN
Mortgage Foreclosure
Legal Description
DE LA FUENTE LOT 1
Links
Additional info
Appraised Value:  $523,730
Year Built:  1988
Lien Amount:   $416,000
Improvement Area:  3,048 sq.ft.
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Foreclosure Notice*
Doc-117624 Hidalgo County Arturo Guajardo Jr. County Clerk Edinburg, Texas 78540 *VG-705-2026-117624" Document No: 117624 Billable Pages: 4 Recorded On: May 12, 2026 02:57 PM Number of Pages: 5 NOTICE OF FORECLOSURE *****Examined and Charged as Follows***** Total Recording: $ 22.00 *****THIS PAGE IS PART OF THE DOCUMENT***** Any provision herein which restricts the Sale, Rental, or use of the described REAL PROPERTY because of color or race is invalid and unenforceable under federal law. File Information: Record and Return To: Document No: 117624 Falcon International Bank Receipt No: 20260512000302 6301 N. 10th St. Recorded On: May 12, 2026 02:57 PM original returned to customer Deputy Clerk: Erika Gonzalez Mcallen TX 78501 Station: CH-1-CC-K35 attttlliag, STATE OF TEXAS on Coup, COUNTY OF HIDALGO s Creereteetteey.” > % = f 4 % | hereby certify that this Instrument was FILED in the File Number sequence on the date/time = + i 3 x = printed hereon, and was duly RECORDED in the Official Records of Hidalgo County, Texas. 33% f2F . % >. w&S Arturo Guajardo Jr. “”, OF HOMO County Clerk V7 a “mw Hidalgo County, Texas Doc-117624 NOTICE OF FORECLOSURE SALE STATE OF TEXAS § COUNTY OF HIDALGO Date: May ay 2026 Deed of Trust (“Deed of Trust’): Dated: July 7, 2017 Grantor: Restaurante Molcas, LLC Trustee: Ray A. Gonzales 5219 McPherson Rd. Laredo, Texas 78041 Ph: (956) 723-2265 Fax: (956) 723-3136 Lender: FALCON INTERNATIONAL BANK Recorded in: As Document No. 2837435 of the Official Records of Hidalgo County, Texas Secures: Commercial Real Estate Lien Note (“Note”) in the original principal amount of $416,000.00, executed by Restaurante Molcas, LLC and payable to the order of Lender, and all other indebtedness of Restaurante Molcas, LLC to FALCON INTERNATIONAL BANK. Modified by: Modification and Extension of Real Estate Note and Lien dated April 17, 2019. Property: A tract of land out of Lot 33-5, WEST ADDITION TO SHARYLAND SUBDIVISION, Hidalgo County, Texas, according to the map recorded in Volume 1, Page 56, Map Records in the Office of the County Clerk of Hidalgo County, Texas, reference to which is here made for all purposes and more particularly described by metes and bounds as follows: BEGINNING at the Southeast corner of said Lot 33-5 for the Southeast corner of this tract, said corner being in W. Three Mile Road (F.M. 1924); Page | of 4 Doc-117624 THENCE, with the East line of said Lot 33-5, North 8 degrees 35 minutes East, at 40.0 feet pass a found % inch iron pipe on the North line of W. Three Mile Road (F.M. 1924) and at 312.64 feet to a set % inch iron rod for the Northeast corner of this tract; THENCE, parallel to the South line of said Lot 33-5, North 81 degrees 25 minutes West. 139.33 feet to a set “4 inch iron rod for the Northwest corner of this tract; THENCE, parallel to the East line of said Lot 33-5, South 8 degrees 35 minutes West. at 272.64 feet pass a found % inch iron pipe on the North line of W. Three Mile Road (F.M. 1924) and at 312.64 feet to a point on the South line of said Lot 33-5, for the Southwest corner of this tract; THENCE, with the South line of said Lot 33-5 in W. Three Mile Road (F.M. 1924), South 81 degrees 25 minutes East. 139.33 feet to the POINT OF BEGINNING and containing 1.00 acre of land, more or less. Substitute Trustee: | Curt Cavazos 6301 N. 10th McAllen, Texas 78504 Ph: (956) 687-1758 Foreclosure Sale: Date: Tuesday, June 2, 2026 Time: The sale of the Property (‘‘Foreclosure Sale”’) will take place between the hours of 1:00 p.m. and 4:00 p.m. local time; the earliest time at which the Foreclosure Sale will begin is 1:00 p.m. and not later than three (3) hours after that time on Tuesday, June 2, 2026 Place: At the Administrative building located at 2802 South Bus Hwy 281, Edinburg Texas 78539 (under the canopy located on the west side of the building) Terms of Sale: The Foreclosure Sale will be conducted as a public auction and the Property will be sold to the highest bidder for cash, except that FALCON INTERNATIONAL BANK’s bid may be by credit against the indebtedness secured by the lien of the Deed of Trust. Page 2 of 4 Doc-117624 Additionally, written notice of the proposed sale was served by certified mail, return receipt requested, on Debtor and by certified mail, return receipt requested, on every other party obligated to pay the Indebtedness according to the records of Lender, at least 21 days preceding the date of sale, such service having been completed by deposit of the notice enclosed in a prepaid wrapper, properly addressed to each such party at the most recent address of such party as shown by the records of Lender in a post office or official depository under the care and custody of the United States Postal Service. Default has occurred in the payment of the Note and in the performance of the obligations of the Deed of Trust. Because of that default, FALCON INTERNATIONAL BANK, the owner and holder of the Note, has requested Curt Cavazos, Substitute Trustee to sell the Property. The Deed of Trust may encumber both real and personal property. Formal Notice is hereby given of FALCON INTERNATIONAL BANK’ election to proceed against and sell both the real property and any personal property described in the Deed of Trust in accordance with FALCON INTERNATIONAL BANK’ s rights and remedies under the Deed of Trust and Section 9.604 of the Texas Business and Commerce Code. Therefore, notice is given that on and at the Date, Time and Place of Sale described above, Curt Cavazos, Substitute Trustee will sell the Property by public sale to the highest bidder for cash in accordance with the Deed of Trust. If Lender/Beneficiary passes the Foreclosure Sale, notice of the date of any rescheduled foreclosure sale will be reposted and refiled in accordance with the posting and filing requirements of the Deed of Trust 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 be made subject to all prior matters of record affecting the Property, if any, to the extent that remain in force and effect and have not been subordinated to the Deed of Trust. For the avoidance of doubt, the Foreclosure Sale will not cover any part of the Property that has been released of public record from the lien and/or security interest of the Deed of Trust by Lender/Beneficiary. Prospective bidders are strongly urged to examine the applicable property records to determine the nature and extent of such matters, if any. Pursuant to section 51.009 of the 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. Prospective bidders are advised to conduct an independent investigation of the nature and physical condition of the Property. Pursuant to section 51.0075(a) of The 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. Page 3 of 4 Doc-117624 “Assert and protect your rights as a member of the armed forces of the United States. If you 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 of a reserve component of the armed forces of the United States, please send written notice of the active duty military service to the sender of this notice immediately.” THIS INSTRUMENT APPOINTS THE SUBSTITUTE TRUSTEE(S) IDENTIFIED TO SELL THE PROPERTY DESCRIBED IN THE SECURITY INSTRUMENT IDENTIFIED IN THIS NOTICE OF SALE. THE PERSON SIGNING THIS NOTICE IS THE ATTORNEY OR AUTHORIZED AGENT OF THE BENEFICIARY. OF TEXAS NELDA RAMIREZ My Notary ID #7032338 Page 4 of 4
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