Foreclosure Notice - 7249 S Custer Rd, McKinney, 75070 - 08/04/2026
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
7249 S Custer Rd
08/04/2026
mortgage
$4,251,793
2007
$29,100,000
12,243
Residential R (F1)
7249 S Custer Rd
mortgage
2007
Residential R (F1)
For a full list of foreclosure notices please visit the foreclosure listing page
Details
Status:  UNKNOWN
Mortgage Foreclosure
Legal Description
WAVE WASH ADDITION (CMC), BLK A, LOT 1
Links
Additional info
Appraised Value:  $4,251,793
Year Built:  2007
Lien Amount:   $29,100,000
Improvement Area:  12,243 sq.ft.
Lot Size:  63,554.04 sq.ft.
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Foreclosure Notice*
v.» 1 Notice ofForeclosure Sale 2fl26 JUL 14 ' July 13, 2026 i' 8: 24 siAcEY Deed ofTrust, Security Agreement- Financing Statement(" Deed ofTrust"): Ul tJ . coLLI TEXAS Dated: February 23, 2022 fEPiayy Grantor: WASHGUYS 9, LLC Trustee: Marcus Morris Lender: First Financial Bank, a Texas state banking association, successor- in-interest to First Financial Bank, N.A. Recorded in: Official Public Records of Collin County, Texas under Instrument No. 20220225 000310020 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 of Borrower to Lender. As used herein, the terms Notes and Deed of Trustinclude 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: August 4, 2026 Notice ofForeclosure Sale— Washguys 9, LLC( Collin County) Page 1 of5Time: The saleofthePropertywillbeheldbetweenthehoursof10:00 a.m. 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. Place: The front steps of the Collin County Courthouse located at 2100 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. 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 Lender' s bid may be by credit against the indebtedness secured by the lien ofthe Deed ofTrust. Default has occurred inthe payment ofthe Notes and in the 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 is hereby given of Lender' s election to proceed against and sell both the real property and any personal property described in the Deed ofTrust in accordance with Lender' s rights and remedies under the Deed ofTrust and section 9.604(a) ofthe Texas Business and Commerce Code. Therefore, notice is given that on and atthe Date, Time, and Place 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. If Lender passes the Foreclosure Sale, notice ofthe date of any rescheduled foreclosure sale will be reposted andrefiled in accordance with theposting and filing requirements ofthe Deed 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 necessarilybemade subjectto allpriormatters ofrecordaffectingtheProperty,ifany, totheextent 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 of the Property that has been released ofpublic record from the lien and/or security interest of the Deed of Trust by Lender. Prospective biddersare strongly urgedto examinethe applicableproperty records to 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 ofTrust, 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 9, LLC( Collin County) Page 2 of5Pursuantto 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 protectyour 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 member ofa reserve component ofthe armedforces ofthe United States, please sendwritten notice ofthe active duty military service to the sender ofthis notice immediately. Subs ' cute Trustee: Any ofMark S. Zacha , Jessica Haile, Rachel Rickel and Lauren Coursey Notice ofForeclosure Sale— Washguys 9, LLC( Collin County) Page 3 of 5Exhibit" A" BEING a 1. 459acretract oflandsituated in the Elias Alexander Survey, Abstract Number 18, inthe City ofMcKinney, Collin County, Texas and being all ofLot 1, Block A, Wave Wash Addition according to the plat recorded in Cabinet 2007, Page 300, Plat Records Collin County, Texas, and being 1.459 acre tract ofland according to the deed recorded inClerk File 42006000578550 ofthe Deed Records ofCollin County, Texas( DRCCT) and being more particularly described asfollows: BEGINNING at a518 Inch iron rod set forcorner located in the easterly right-of-way line ofCuster Road F.M. Road No. 2478)( a 120 feet wide right-of-way) and being located 02 deg, 19 min. 01 sec. East a distance of292.14 feetfrom an' XI' cutIn concrete found forthe northwest corner ofa64,5999 acretract oflandaccordingtothedeedrecordedinVolume5900,Page00298( DRCC1'); THENCEalongtheeasterlyright-of-waylineofsaidCusterRoad( F.M.RoadNo,2478) asfollows: NORTH 02 deg. 19 min.01 sec. East adistance of 150.66 feet toa5/8 inch ironrod setforthe beginning ofa curve totheleft havingaradius of11,519.19 feetandachordbearingofNorth 02deg.02 min. 13 see. East; Along said curve tothe left through acentral angle of00 deg. 33 ruin. 11 sec. for anarc lend of 111. 18 feettoa5/8inch iron rodsetforthepoint oftangency; THENCE departing the easterly right-of-way line ofsaid Custer Road( P.M. Road No. 2478) North 88 deg. 58 min,. 22 sec. East adistance of243.36 feet toa5/8 inch iron rod set for corner; THENCE South 02 deg. 11 min. 53 sec. West a distance of261. 84 feet to a 5/8 inch iron rod set for corner; THENCESouth : deg. 58 min. 22 sec. West adistance of243.36 feet to the POINT OF BEGINNING; CONTAINING within these metes and bounds 1.459 acres or63,569 square feetofland, more orless. Tract 212.;( Easement Estate) Easement estate created in thatcertain Mutual Access Easement Agreement, dated December 21, 2006, executed by Wave Wash V, LP, a Texas limited partnership and Quikttrip Corporation, an Oklahoma corporation, filed December 26, 2006, recorded in/under Clerk's File No. 20061226001801290 and refiled in/under Clerk'sFile No. 20070111000056690, Real Property Records, Collin County, Texas, and beingmorefullydescribedbymetesandboundsasfollows; BEING all that certain, tract or parcel of land situated in the Elias Alexander Survey, Abstract No. 18, City ofMcKinney, Collin County, Texas, same being a portion ofthat called 185.2E4 acre tract ofland conveyed to McKinney Seven 185, L.P. by McKinney Seven Holdings GP, L.C. by deed recorded in Volume 5911, Page 5174 of the Deed Records of Collin County, Texas, and being more particularly describedbymetesandboundsasfollows: BEGINNING atan DX" found forcorner atthe northwest corner ofthat certain called 46.686 acre tract of land conveyed to Mixon Investment Company, Inc. by deed recorded in Volume 785, Page 169 ofthe Deed Records ofCollin County,Texas, same being in the west line ofsaid McKinney Seven 185, L.P. Notice ofForeclosure Sale— Washguys 9, LLC( Collin County) Page 4 of 5called 185.284acretract,and beinginthe common eastlineofF.IVI. HighwayNo.2478- Custer Road, a variable width public right-of-way, and from which a h inch iron rod set for corner at a corner ofsaid Mixon Investment Company called 46.686 acre tract at a common, angle point in said east line ofF.M. Highway No. 2478, bears South 02 deg. 0 min. 44 sec. West,a distanceof993.30 feet( Bearing Basis- NorthCentralZoneofTexas- StatePlane Coordinate System- ReferencedtotheNorthAmericanDatum of1983); THENCE departing said Mixon Investment Company called 46.686 acre tract, along the west line ofsaid McKinney Seven 185, L.P.called 185.284acretract andthecommoneastline ofsaidF.M.HighwayNo., 2478, North 02deg.21 min.20 sec. East, adistance of2214 feetto acorner at the beginning ofthe arcof a nontangent curve to the left; THENCE departing said F.M. Highway No. 2478, through said McKinney Seven 185, L.P. called 185.284 acretract,thefollowingcoursesanddistancesnumbered( l) through(3): 1) Southeasterly, a distance of 21.10 feet along the are of said non-tangent curve to the left, having a radius of30.00 feet, a delta angle of40 deg. 18 min. 01 sec., and a chord which bears South 70 deg. 08 min_08sec. East,adistanceof20.67feettoacorneratthepointoftangency; 2) North 89 deg.42 min. 51 sec. East, adistance of78.44 feet to acorner atthebeginning ofthearcofa tangent curve to the right; 3) Southeasterly, adistance of63.07 feet along the arcofsaid tangent curve to the right, having aradius of130.00 feet, a delta angle of27deg.47 min.45sec., andachord which bears South 76 deg.23 min. 16 see. East, a distance of62.45 feet to a corner in the north line of aforesaid Mixon Investment Company called 46.686 acre tract; THENCE South 89 deg. 42 min. 51 sec. West, along the north line ofsaid Mixon Investment Company called 46.686 acre tract asdescribed inExhibit A ofthe Boundary Line Agreement and Special Warranty Deed, filed under CC# 2005-0053057 and recorded inVolume 5900, Page 304 ofthe Deed Records of Collin County, Texas, adistance of159.49 feetto the Point ofBeginning and containing 0.0490 acres of land, more orless. Notice ofForeclosure Sale— Washguys 9, LLC( Collin County) Page 5 of 5
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