Foreclosure Notice - 5050 YALE ST 250, HOUSTON, 77022 - 05/05/2026
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
5050 YALE ST 250
05/05/2026
mortgage
$20,928,768
1972
$24,365,000
221,191
B1 Real, Residential, Multi-Family
5050 YALE ST 250
mortgage
1972
B1 Real, Residential, Multi-Family
For a full list of foreclosure notices please visit the foreclosure listing page
Details
Status:  UNKNOWN
Mortgage Foreclosure
Legal Description
TRS 13C 13D 13F 13J & 13K BARKWOOD APTS
Links
Additional info
Appraised Value:  $20,928,768
Year Built:  1972
Lien Amount:   $24,365,000
Improvement Area:  221,191 sq.ft.
Lot Size:  412,997 sq.ft.
Foreclosure Notice*
TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2026-2686 FILED 4/14/2026 11:21:25 AM a 4 gale Zz ~~ — n/t ate Wat? Assert and protect your rights as a member of the armed forces of the United States. are or your spouse is serving on active military duty, including active member of the Texas National Guard or the National Guard of ano member of a reserve component of the armed: forces of the United S ease send written notice of the active-duty military service to the sender of this NOTICE OF SUBSTITUTE TRUSTEE’S SA STATE OF TEXAS § § COUNTY OF HARRIS § Date: April 14, 2026 Borrower: THE AVENUE SWNG TIC 1 LLC, a Delaware limited — liability company THE AVENUE S LLC, a Delaware limited liability comp: Borrower’s Address: 7600 Renwick Houston, Email: j Holder: Fa U.S.C. Secti@n 1716 et seq. and duly organized and existing of the United States : Holder’s Address: anite Park VII ite Parkway Pl exas 75024 Mortgage Servicer: ARBOR COMMERCIAL FUNDING I, LLC a New York limited liability company 500 Colvin Woods Parkway, Suite 200 Tonawanda, New York 14150 Email: portfoliomanagement@arbor.com Jay L. Krystinik, Keith Aurzada, Brian C. Mitchell, Clark A. Donat, Michael P. Cooley, Bradley Purcell, Taylre Janak, Dylan Ross, Ben Breckler, Tristan Sierra, Haley Bray, Emily . Chang, and Megan Brown, and each of them acting alone TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2026-2686 FILED 4/14/2026 11:21:25 AM Substitute Trustees’ Address: Deed of Trust: Date: Grantor: Lender: Trustee: Secures: Recording: LL. O itn, _ c/o Reed Smith ELP 2850N. re Suite 1500 Dallas, Texa 20 (469) 680-42 Multifamil ust, Assignment of Leases and Rents, Security Agre: d Fixture Filing : as of November 22, 1 THE AVEN G TIC 1 LLC, a Delaware limited liability company THE AVENUE SWNG TIC 2 LLC, a Delaware limited liability company : ARBOR IAL FUNDING I, LLC a New York limited liabi any Kimberly: The loan in inal principal amount of $24,365,000.00 evidenced by that, certain Multifamily Note dated as of Novemb executed by Grantor and made payable to. the or of der (as amended, restated, replaced, supplemented, or otherwise modified from time to time, the “Note’); which is ently held by Holder Recorde er 24, 2021, in the Real Property Records of unty, Texas (the “Records’”’); as Document Number s assigned to Holder pursuant to that certain iT Itifamily Deed of Trust, Assignment of Leases and Rents, Security Agreement, and Fixture Filing, dated ctive as of November 22, 2021, recorded November 24, 2021, in the Records, as Document Number RP-2021- 67775 (2) lee lee (2) lo TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2026-2686 FILED 4/14/2026 11:21:25 AM Property: All real property, improvements and personal property described as collateral in the Deed of Trust; the legal description of the real property is also, for the sake of convenience only, described on Exhibit A attached hereto and made a part hereof for all purposes; however, the description of the real property, improvements and personal property in the Deed of Trust will control to the extent of any conflict or any deficiency in such description contained in this Appointment of Substitute Trustees, it being the intent that the “Property”, for all purposes hereof, means all property, real, personal, tangible and intangible, which constitutes collateral under, and described in, the Deed of Trust. Tuesday, May 5, 2026 The sale of the Property will take place between the hours of 0 a.m. and 4:00 p.m. local time; the earliest time at which es ill take place is 11:00 a.m., and the sale will begin wi haurs thereafter. Place of Sale: The the Magnolia South Ballroom of the Bayou C ter docated at 9401 Knight Road, Houston TX corded in Clerk’s File No. RP-2023- 304925, or if the preééding#’ area is no longer the designated area, at the area most tly designat the County Commissioner’s Court. . ‘Holder has appointed Substitute Trustees, and each of them acti ou U Trustees under the Deed of Trust upon the contingency and in the manner outli of Trust and in accordance with Chapter 51 of the Texas Property Code. Default hasecurred pursuant to the provisions of the Deed of Trust. The indebtedness evidenced by the Note is now wholly due. Holder has instructed Substitute Trustees, and each of them acting alone, to sell the Property toward the satisfaction of the Note. The Deed of Trust may encumber both real and personal property. Notice is hereby given of Holder’s election to proceed against and sell all the real property and any personal property described in the Deed of Trust in accordance with the Holder’s rights and remedies under the Deed of Trust and Section 9.604 of the Texas Business and Commerce Code. Notice is hereby given that on the Date of Sale, at the Time of Sale, Substitute Trustees, or any of them acting alone, will offer the Property for sale at public auction at the Place of Sale, to the highest bidder for cash, “AS IS” pursuant to section 51.009 of the Texas Property Code and further subject to any valid leases of the Property, which leases shall not terminate as a result of the sale. THERE WILL BE NO WARRANTY RELATING TO TITLE, POSSESSION OR QUIET ENJOYMENT OR THE LIKE FOR THE PERSONAL PROPERTY INCLUDED IN TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2026-2686 FILED 4/14/2026 11:21:25 AM THE SALE. Holder may bid by credit against the indebtedness secured by the Deed of Trust. The Substitute Trustee(s) conducting the Foreclosure Sale may, at their option, postpone the sale for a reasonable time to permit the highest bidder (if other than Holder) to produce cash to pay the purchase price bid, and the sale may be resumed if the bidder fails to produce cash to pay the purchase price within such time period, provided in any event the sale shall be concluded no later :00 P.M. local time. ESS WHEREOF this Notice of Substitute Trustee’s Sale has been executed on this April 2026. Megan Brown, Substitute Trustee STATE OF TEXAS § : , § COUNTY OF HARRIS § This instrument was acknowledged of 14th day of April 2026, by Megan lav Brown, as Substitute Trustee. Not ublic, State of. s ANA DELIA FALCON lotary Public, State of Texas! é Comm. Expires 10-28-2026 Notary 10 6194414 My Commission Expires: lag) Ana_D, faleo — 10/28 DO Printed Name of Nilay After recording return to: ft Jay L. Krystinik Reed Smith LLP 2850 N. Harwood Street, Suite 1500 Dallas, Texas 75201 TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2026-2686 FILED 4/14/2026 11:21:25 AM “Tract 1 EXHIBIT A DESCRIPTION OF THE LAND Legal Descriplion Legal description of the land: Parcel 1: Barkwood Apartments, according to the map or plat thereof recorded in Val Records of Harris County, Texas, containing three (3) tracts of land mare pi All that certain tract or parcel containing 1.8476 acres of land, ow Situated in the S.W. Allen Survey, A-94 being all of called Tract with said 1.8476 acre Tract I being more particularly described, Thence, North 00 Degrees 02 Minutes 10 Seconds Westalong the right of way line of Yale Street, a distance of 1074.71 fect to a point from which a for inch i ¢ found bears South 83 Degrees 51 the Point of Beginning said point also being th st comer of Baldwear Subdivision as recorded in Volume 43 Page 40 of the map records of Hi si East alépis, the south line of the Baldwear Subdivision, he northeast corner of said tract; said point also being ol Fight of way) and on the south line of Baldwear Subdivision; Thence, South 00 Degrees 04 ds West a distance of 73.50) feet along the west right of way of Arrowpoint Drive to a point from which id 5/8-inch iron rod hears South 63 Degrees 58 Minutes East, a distance of 0.49 feet, for the most northerly cut back comer of the intersection of the north right of way of Barkwood Street (60 foot right of way) and the west right of way line of Arrowpoint Drive; Thence, South 48 Degrees 04 Minutes 20 Seconds West a distanee of 14.14 fect to a 5/8-inch iron red for the mast southerly, k comer of said intersection and being on the north right of way line of Barkwood Street; Minutes 40 Seconds West a distance of 944.94 feet along the north line of mech iron rod for the most southerly cut back corner of the intersection of the svood Strect and the east right of way linc of Yale Street; Thence, North 89 Degrees Barkwood asct 5 north ri % » Bi Exhibit A— Page 1 of 4 TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2026-2686 FILED 4/14/2026 11:21:25 AM Thenee, North 45 Degrees 03 Minutes 27 Sceonds West a distance of 14.17 fret along said cut back to a 3/8 inch iron rod set marking the most northerly cut back corner of the intersection of the most northerly linc of Barkwood Street and the most easterly linc of Yale Street; Thonee, North 00 Degrees 02 Minutes 10 Seconds West along the east right of way line of Yale Street a distance of 73.30 Feet to the Place of Beginning for Tract 1. Tract 2 All that cerlain tract or parcel containing 5.9624 acres of land, being out of Lot 13 of the F. Halff Subdivision situated in the South West Allen Survey, A-94 being all of called Tract 2 as described in H.C.C.F, Number 7002513, with said 45,9624 acre Tract 2 being more particularly described by metes and bounds as follows: Commencing at a 3/4 inch iron pipe found for the southwest comer of Lot (2 of the F. Halff Subdivision also-being on the east right of way line of Yale Street (80 foot right of way); Thence, North 00 Degrees 02 Minute 10 Seconds West along the cast R.O.W. line of Yale Street, a distance of $29.51 fect to a point from which a 3/4 inch iron pipe found bears South 74 Degrees 32 Minutes East, a distance of 0.73 fect, marking the most westerly southwest comer of the herein described tract and the point of beginning of Tract Two: / Thence, North 00 Degrees 02 Minutes 10 Seconds West along the east row line of Yale Street. a distance of 91.70 fect to @ 3/8-inch iron red set marking ¢ t southerly cut back corner of the gagkrow Jingo? fe Stre he Hest'sou Hine kW ee ‘ide ten 45 revs 01 Minutes'§S Seconds East. a. 4.13 feet to a 5 1f01 3 the most négtherly c Ol he n therly line of wood Strect Ss and most casterly of Yale Street; Thence, South 89 Degrees 55 Minutes 40 Seconds East a distance of 944.87 fect along the south line of Barkwood Street to a 5/8 inch iron rod found for the most northerly cut back comer of the intersection of the south line of Barkwood Street and the most westerly line of Arrowpoint Drive: Thence, South 44 Degrees 55 Minutes 40 Seconds East a distance of 14.11 fect to a 5/8 inch iron rod found for the most southerly cut back carer of the south line of Barkwood and the west line of Arrowpoint Drive; Thenee, South 00 Degrees 04 Minutes 20 Seconds West a distance of 70.35 feet along the west line of Arrowpoint Drive to an "X" set in concrete for the beginning of a curve to the left: ‘Thence, southeasterly along a curve to the left having a radius of 200.00 feet, central angle 43 degrees 29 minutes 40 seconds, chord length 148.20 fect, a distance of 151.82 fect to a 5/8 inch iron rod found for the point of tangency, Thence, South 43 Degrees 1$ Minutes 00 Seconds East a distance of 167.18 feet to a 5/8 inch iron rod set for the southeast comer of the herein described tract, said point being on the north line of a 50 foot fee strip Exhibit A — Page 2 of 4 TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2026-2686 FILED 4/14/2026 11:21:25 AM - Thence, South 89 Degrees 54 Minutes 40 dedicated to Harris County:Flood Control istrict par Volume 132 Page 68 of the Deed Records of Harris County, Texas; along the north right of way of a Harris County {9 fect to a point from which a 3/4 inch iron pipe of 0.69 feet, marking the southwest corner of the Flood Control District 50 foot fee strip a di found bears North 89 Degrees 35 Minutes therein described tract. . a called Said point also being the southeast corer Ol acce tract as described in deed recorded in H.C.C.F, Number 1814059; Thence, North 0 Degrees 04 Minutes 20 Seconds East a distance of 240.00 feet along the cast line of a called 2.401 acre tract to a set 3/8-inch iron rod marking the northeast corner of the called 2.401 acre tract. Said point also marking an interior comer of the herein described tract; Thence, North 89 Degrees 335 Minutes 46 Seconds West a distance of 335.59 feet to the Point of Beginting, of the herein deseribed Tract 2. Tees | All that certain tract or parecl containing 1.6711 ac Subdivision situated in the $.W. Allen Survey; Number T-02513, with said 1.67] 1 acre T: as follows: of land, being out of Lot 13 of the F. Halff 3 all of called Tract 3 as deseribed in H.C.CLF. more particularly described by metes and bounds Commencing at a 3/4 inch. iron pipe found far the southyest corner of Lot 12 of the F, Halff Subdivision also being on the cast right of way line of Y ect right of way): Thence North 00 Degrees 02 Minutes 10 Sei distance of 1074.71 feet toa paint from which East, 0.82 feet, said point also being the sou 4§ Page 40 of the map records of Harris Cov ong the east right of way line of Yale Street, a 4-inch jgon pipe found bears South 83 Degrees 51 Minutes 5 Ff Baldwear Subdivision as recorded in Volume Thence, South 89 Degrees 33 Minutes 40) Secon s East along the south tine of the Baldwear Subdivision, adistance of 1025.12 foet to a point on the cast right of Wily of Arrowpaoint Drive, said point also being the northwest comer of Unrestricted Reserve " Volume 3913 Page 10 of the. Deed Records of Harris County, Texas: I Thence, South 60 Degrees 04 Minutes 20 way line of Arrowpoint Drive to a 4/8 inch Tract 3; . Y conds West a distance of 154.(0 fect along the cast right of et for the Point of Beginning of the herein described Thence, South 89 Degrees 55 Minutes 40 Seconds East a distance of 243.14 feet along the south line of Reserve "A" and the north line of the herein dcri bed tract to a 3/8 inch iron rod set for the northeast corner of the herein described tract, said point bein#on the west line of Little White Oak Bayou as described in deeds recorded in Volume 1620 Page 569 | 2 Page 595 both of the Deed Records of Harris County, Texas; UNO e 3 of 4 TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2026-2686 FILED 4/14/2026 11:21:25 AM A Thence, South 10 Degrees 26 Minutes 40 Seconds East along the 10-foot Harris County Flood Control Districts ewst easement line a distance of 54.92 feet to a 3/8 inch iron rod set for an angle point on the east line of the herein described tract; , Thence, South G7 Degrees 11 Minutes 40 Seconds East along the 10-foot Harris County Fload Control Districts cast cascmcnt linc a distance of 98.60 feet to a 3/4 inch iron pipe found marking an angle point in the cast line of the herein described tract. Thence, South 23 Deyrees 49 Minutes 40 Seconds East along the 10-foot Harris County Flood Control Districts east casement line a distance of 193.10 toa 5/8 inch tron rod found for the southeast comer of the herein described tract. Said point also being on the north line of a 50 feet feo strip conveyed to Harris County Flood Control District by Volume 132 Page 68 of the Deed Records of Harris County, Texas: Thence, South 89 Degrees 34 Minutes 40 Seconds West along the north right of way line of a Harris County. Flood Control District 50 feet fee strip a distance of 151.83 feet to a 3/8 inch iron red set for the southwest an “X" set for the point of curvature of a curve to the right: é comer of the herein described tract. Said point being on the cast line of Arrowpoint Drive: oO Worth 43 Degrees 18 Minutes 00 Seconds West a distance of 223,67 fect along the east line of A Th ones northwesterly along a curve to the right having a radius of 140,00 feet. central angle of 43 degrees 29 minute: nds, chord le 03.74 feet a distance of 106.28 feet to an "X" set for the point of fanency. , Thence, North 06 Degrees 04 Minfités: 2 Ss distance of 69.83 feet to the Point of Beginning of the herein described Tract 3. Parce] 2: 0.8090 acres (35.242 square fect) of land being Unre Res¢rve "A", Barkwood Apartments Subdivision as recorded in Volume 177, Page 53, of the Map 8 of ig County, Texas, said Subdivision being out of Lot 13 of the F, Haiff Subdivision, as recordéd’in Tt of the Harris County Deed Records. Exhibit A — Page 4 of 4 TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2026-2686 FILED 4/14/2026 11:21:25 AM FILED FOR RECORD foe 41:02:10 AM Oo Tuesday, April 14, 2026 , Nd HARRIS COUNTY, TEXAS ANY PROVISION HEREIN WHICH RESTRICTS {HE OR USE OF THE DESCRIBED REAL PROPERTY BECAUSE OF COLOR OR RACE | NFORCEABLE UNDER FEDERAL LAW. . THE STATE OF TEXAS COUNTY OF HARRIS | hereby certify that this instrument was FILED in File Numbs quence on the date and at the time stamped hereon by me; and was duly RECORDED; in Offic ublic.Records of Real Property of Harris County Texas . uesday, April 14, 2026
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