Foreclosure Notice - 4677 Preston Rd, Frisco, 75034 - 09/01/2026
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
4677 Preston Rd
09/01/2026
mortgage
$4,479,444
2011
$29,100,000
7,607
Residential R (F1)
4677 Preston Rd
mortgage
2011
Residential R (F1)
For a full list of foreclosure notices please visit the foreclosure listing page
Details
Status:  ACTIVE
Mortgage Foreclosure
Legal Description
FRISCO CORNERS (CFR), BLK 1, LOT 6R
Links
Additional info
Appraised Value:  $4,479,444
Year Built:  2011
Lien Amount:   $29,100,000
Improvement Area:  7,607 sq.ft.
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Foreclosure Notice*
Notice ofForeclosure Sale 2112% AUG 1 1 A 10: 53 STACEY KEMP August 7, 2026 COUNTY CLERK . : L. COLLI COUNTY TEXAS Deed ofTrust, Security Agreement- Financing Statement(" Deed ofTrust") By: DEPUTY r, ,, Dated: February 23, 2022 Grantor: WASHGUYS 4,LLC Trustee: Marcus Morris Lender: First Financial Bank, a Texas state banking association, successor- in-interestto First Financial Bank,N.A. Recorded in: Official Public Records of Collin County, Texas under Instrument No. 20220225000310040 Secures: Promissory Notes (" Notes") in the original principal amount of 18,000,000.00 and $ 11, 100,000.00, executed by Grantor and payable to the order of Lender and all other indebtedness, obligations and liabilities ofBorrower to Lender as described inthe Deed ofTrust. As used herein, the termsNotes and Deed ofTrust include all extensions, modifications andamendments thereof. Property( the" Property"): The real property, improvements and other property interests and rights described in and mortgaged in the Deed 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 Guaranty: The Notes and all other indebtedness of Borrower 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 for Substitute Trustees: 400 Pine Street, Suite 800, Abilene, Texas 79601 Foreclosure Sale: Date: September 1, 2026 Notice ofForeclosure Sale— Washguys 4, LLC( Collin County) Page 1 of 4ThesaleofthePropertywillbeheldbetweenthehours of10:00a.m. Time and 4:00 p.m. local time; the earliest time at which the Foreclosure Sale will begin is 10:00 a.m. and not later 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 Notes and inthe performance ofthe obligations of the Deed of Trust. Because of that default, Lender, the owner and holder of the Notes, 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 ofTrust in accordance with Lender' 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 at the Date, Time, andPlace 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 salewillberepostedandrefiled inaccordance withthe postingandfiling requirements oftheDeed 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 subject to allprior matters ofrecord affecting the Property, ifany, to the 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 ofthe Property that has been released ofpublic record from the lien and/or security interest ofthe Deed of Trust by Lender. Prospective bidders are stronglyurgedto examine the applicable property recordsto 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 4, LLC( Collin County) Page 2 of4Pursuant 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 oryour 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 memberofareservecomponentofthearmed forces oftheUnited States,pleasesendwritten notice ofthe active duty military service to the sender ofthis notice immediately. Substitute Trustee: Any otMar S. Zachary, Jessica Haile, Rachel Rickei andLauren.Gourley Notice ofForeclosure Sale_ Washguys 4, LLC( Collin County) Page 3 of4Exhibit" A" Being all ofLot 6RofFrisco Corners, an addition tothe City ofFrisco, according to the Plat thereof recorded inVolume2011, Page308,MapRecords,CollinCounty,Texas. Notice ofForeclosure Sale— Washguys 4, LLC( Collin County) Page 4 of 4
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