Foreclosure Notice - 4577 Serenity Trail, McKinney, 75071 - 11/03/2026
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
4577 Serenity Trail
11/03/2026
mortgage
$2,052,900
2023
$750,000
8,184
Residential Real(Residential)
4577 Serenity Trail
mortgage
2023
Residential Real(Residential)
For a full list of foreclosure notices please visit the foreclosure listing page
Details
Status:  ACTIVE
Mortgage Foreclosure
Legal Description
WATERSTONE ESTATES SECTION II, BLK B, LOT 135
Links
Additional info
Appraised Value:  $2,052,900
Year Built:  2023
Lien Amount:   $750,000
Improvement Area:  8,184 sq.ft.
Lot Size:  93,218.4 sq.ft.
Foreclosure Notice*
26-428535 Notice ofSubstitute Trustee' s Sale Notice Concerning Military Duty: 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 oftheTexas National Guard or the National Guard ofanother 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. Tex. Prop. Code§ 51. 002( i) Deed ofTrust Date: October 23, 2023 Original Mortgagor/Grantor: DAX FERGUSON SR. AND BRANDY FERGUSON Original Beneficiary/ Mortgagee: MORTGAGE Current Beneficiary/ Mortgagee: U.S. BANK ELECTRONIC REGISTRATION SYSTEMS, INC., TRUST NATIONAL ASSOCIATION, NOT IN ITS AS BENEFICIARY, AS NOMINEE FOR INDIVIDUAL CAPACITY BUT SOLELY AS HIGHLANDS RESIDENTIAL MORTGAGE, LTD., TRUSTEE FOR CHESTER ROAD FUNDING ITS SUCCESSORS AND ASSIGNS TRUST Recorded in: Property County: COLLIN Volume: N/A Page: N/A Instrument No: 2023000122895 Mortgage Servicer: Selene Finance LP Mortgage Servicer' s Address: 3501 Olympus Blvd, Suite 500, Dallas, TX 75019 Themortgage servicer isauthorized to represent the Mortgagee byvirtue ofaservicing agreement with theMortgagee. Pursuant to the Servicing Agreement andTexas Property Code§ 51.0025, theMortgage Servicer isauthorized tocollect the debtand toadminister anyresulting foreclosure ofthe property securing the above referenced loan. Secures:Note in the original principal amount of$1, 750,000.00, executed by DAX FERGUSON SR. and payable to the order of Lender. Property Address/Mailing Address: 4577 SERENITY TRAIL, MCKINNEY, TX 75071 Legal Description ofProperty to be Sold: LOT 135, IN BLOCK B, WATERSTONE ESTATES, SECTION II, AN ADDITION TO THE CITY OF MCKINNEY, COLLIN COUNTY, TEXAS ACCORDING TO THE PLAT THEREOF, RECORDED IN CABINET 2006, PAGE 699, DEED RECORDS OF COLLIN COUNTY, TEXAS. Date of Sale: November 03, 2026 Earliest time Sale will begin: 10: 00 AM Placeofsale ofProperty: THE FRONT STEPS OFTHE COLLIN COUNTY COURTHOUSE LOCATED AT 2100 BLOOMDALE ROAD, MCKINNEY, TX 75071 OR AS DESIGNATED BY THE COUNTY COMMISSIONER'S OFFICE OR INTHE AREA DESIGNATED BY THE COMMISSIONER'S COURT, PURSUANT TO SECTION 51. 002 OF THE TEXAS PROPERTY CODE The Substitute Trustee will sell the property by public auction to the highest bidder for cash at the place and date specified. The sale will begin at the earliest time stated above or within three( 3) hours after that time. Appointment ofSubstitute Trustee: Defaulthas occurred in the paymentofthe Note and in the performance ofthe obligations of the Deed of Trust, the same is now wholly due. Because of that default, U.S. BANK TRUST NATIONAL ASSOCIATION, NOT IN ITS INDIVIDUAL CAPACITY BUT SOLELY AS TRUSTEE FOR CHESTER ROAD FUNDING TRUST, the owner and holder ofthe Note, has requested Tejas Corporate Services, LLC whose address is 14800 Landmark Blvd., Suite 850, Dallas, TX 75254, to sell the property. The Trustee(s) has/have been appointed Substitute Trustee in the place ofthe original trustee, in the manner authorized by the deed oftrust. 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 U.S. BANK TRUST NATIONAL ASSOCIATION, NOT IN ITS INDIVIDUAL IIIIIII IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIICAPACITYBUTSOLELYAS TRUSTEE FOR CHESTER ROAD FUNDING TRUSTbid may be by credit against the indebtedness secured by the lien ofthe Deed ofTrust. 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( ifany) provided for under the Deed ofTrust. Prospective bidders are advised to conduct an independent investigation ofthe nature and physical condition ofthe Property. Pursuant to section 51. 0075(a) ofthe Texas Property Code, Tejas Corporate Services, LLC whose address is 14800 Landmark Blvd., Suite 850, Dallas, TX 75254, 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 ofthe day held by Tejas Corporate Services, LLC whose address is 14800 Landmark Blvd., Suite 850, Dallas, TX 75254, Trustee. Limitation ofDamages: Ifthe sale is set aside for any reason, the purchaser atthe sale shall be entitled onlyto a return ofthe funds paid. The purchaser shall have no further recourse against Mortgagor, the Mortgagee, or the Mortgagee' s attorney. SUBSTITUTE T STEE Tejas Corporate Services, LLC, Trustee do Robertson, Anschutz, Schneid, Crane& Partners, PLLC, 13010 Morris Rd., Suite 450, Alpharetta, GA 30004; PH: 470)321- 7112 1r2U r-1 4 e- r t mob 7 H 1,1 c > IN, . 1 i C r-1
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