Foreclosure Notice - W Louisiana St, Fairview, 75069 - 07/07/2026
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
W Louisiana St
07/07/2026
mortgage
$66,210
0
$3,866,600
0
Residential R (C3)
W Louisiana St
mortgage
0
Residential R (C3)
For a full list of foreclosure notices please visit the foreclosure listing page
Details
Status:  ACTIVE
Mortgage Foreclosure
Legal Description
OLD SETTLERS ADDITION (CMC), LOT R001, ACRES 2.2070; (ROW)
Links
Additional info
Appraised Value:  $66,210
Year Built:  0
Lien Amount:   $3,866,600
Improvement Area:  0 sq.ft.
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Foreclosure Notice*
CPI 2026 MN 1 o AN 9: 34 STACEY KEMP COUNTY . LERK NOTICE OF TRUSTEE' S SALE COLLlNAj 1 Y. TEXAS Y DEPUTY Assert and protect your rights as a member of the armed forces of the IP ed 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 ofthe active duty military service to the sender of this notice immediately. Notice is hereby given of a public nonjudicial foreclosure sale. 1. Property To Be Sold. The real property to be sold, along with all improvements and personal property thereon and rights appurtenant thereto as described in the Deed of Trust defined below), is more particularly described below( the" Property"): PARCEL: 2671632 LOT 1, BLOCK A, LOUISIANA STREET GRILL ADDITION, AN ADDITION TO THE CITY OF MCKINNEY, COLLIN COUNTY, TEXAS, ACCORDING TO THE MAP OR PLAT RECORDED IN VOLUME 2011, PAGE 145, PLAT RECORDS OF-COLLIN COUNTY TEXAS. The Real Property or its address is commonly known as 350 East Louisiana Street, McKinney, TX 75069. 2. Date, Time, and Place of Sale. The sale is scheduled to be held at the following date, time, and place: Date": July 7, 2026 Time": The sale shall begin no earlier than 10:00 A.M. Central Standard Time and no later than three hours thereafter. The sale shall be completed by no later than 4:00 P.M. Place": THE FRONT SlEPS OF THE COLLIN COUNTY COURTHOUSE, 2100 BLOOMDALE RD., MCKINNEY, COLLIN COUNTY, STATE OF TEXAS, OR AS DESIGNATED BY THE COUNTY COMMISSIONER' S COURT PURSUANT TO SECTION 51. 002 OF THE TEXAS PROPERTY CODE AS THE PLACE WHERE NON- JUDICIAL FORECLOSURE SALES ARE TO TAKE PLACE OR AS DESIGNATED BY THE COUNTY COMMISSIONERS' COURT. Notice is given that on and at the Date, Time, and Place for the Foreclosure Sale defined below), Substitute Trustee ( defined below) will sell the Property in accordance with the Terms of Sale ( defined below), the Deed ofTrust, and applicable Texas law. The Deed of Trust permits the Lender ( defined below) to postpone, withdraw, or reschedule the Foreclosure Sale for another day. In that case, the trustee or substitute trustee under the Deed of Trust need not appear at the Date, Time, and Place of a scheduled sale to announce the postponement, withdrawal, or rescheduling. Notice of the date of any rescheduledforeclosure sale will be reposted and re-filed in accordance with the posting and filing requirements of the Texas Property Code. Such reposting or re-filing may be after the date originally scheduled for this Foreclosure Sale. 3. Terms of Sale. The Foreclosure Sale will be conducted pursuant to the following" Terms of Sale": as apublic auction to the highest bidder for cash, subject to the provisions ofthe Deed ofTrust permitting the Lender to have the bid credited to the Note (as defined below) up to the amount of the unpaid debt secured by the Deed of Trust at the time ofthe Foreclosure Sale, and those desiring to purchase the Property will need to demonstrate their ability to pay cash on the day the Property is sold. The Deed of Trust may encumber both real and personal property. Formal notice is 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. 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 they remain in force and effect and have not been subordinated to the Deed of Trust. Prospective bidders are strongly urged to examine the applicable property records to determine the nature and extent ofsuch matters, ifany. Pursuant to section 51. 009 of the Texas Property Code, the Property will be sold in " as is, where is" condition, without any express or implied warranties, except as to the warranties of title( if any) 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 of the Texas Property Code, the 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 ofthe day held by the Substitute Trustee. 4. Ratification of Substitute Trustee. The Deed of Trust permits Lender to appoint a Substitute Trustee under the Deed of Trust for purposes of a nonjudicial trustee' s sale. A document entitled Notice of Appointment of Substitute Trustee and Trustee' s Sale, previously dated March 16, 2026 and filed of record contained the notice of the Lender' s removal of the trustee named in the Deed of Trust and the appointment of the persons named below, collectively, as" Substitute Trustee", which are/hereby ratified for all purposes. Substitute Trustee: R. Tucker Thomas or Nathan W. Blackburn or Robert A. Blackwell or Walter A. Herring orLindsey Reinhardt Blackwell, Blackburn, Herring& Singer, LLP 7557 Rambler Road, Suite 1450Dallas, Texas 75231 5. Type ofSale. The sale is a nonjudicial deed of trust lien and security interest foreclosure sale ( the " Foreclosure Sale") being conducted pursuant to the power of sale granted by that certain that certain Deed of Trust from 350 E. LOUISIANA, LP, a Texas limited partnership, to David Clem, as Trustee, for the benefit of Lender dated March 4, 2022, and recorded on March 18, 2022, in the real property records of Collin County, Texas as Instrument No. 2022032400470690, as assigned to Lender in that certain Assignment ofDeed ofTrust dated March 4, 2026, recorded March 11, 2026, as Instrument No. 2026000030561 ( the " Deed of Trust"). 6. Obligations Secured. The Deed of Trust secures the payment of the indebtedness and obligations therein described including but not limited to (a) Note in the initial principal amount of$3, 866,600.00 made by LOCAL YOCAL LLC, a Texas limited liability company, and 350 E. LOUISIANA, LP, a Texas limited partnership ( collectively, " Borrower"), in favor of Westdale Capital Investors 3, LP (" Lender"), dated March 4, 2022 ( the " Note"); ( b) Business Loan Agreement ofeven date therewith and (c) all other documents entered into in connection with the foregoing (collectively, the" Loan Documents"). As of June 15, 2026, $ 3,962,717.31, being principal and interest, was owed under the Note. This does not include interest accruing from and after that date or certain applications to the loan balance from that date, attorney fees or any other expenses arising from or relating to Lender' s collection of such amounts and/or exercise of its remedies. Further, the Note is secured by another Deed of Trust made by Borrower by Lender to Borrower for another property located at 361 E. Louisiana Street in McKinney, Texas. Questions concerning the Foreclosure Sale may be directed to the undersigned or to Lender at: Westdale Capital Investors 3, LP 2550 Pacific Avenue, Suite 1600 Dallas, TX 75226 Attention: Justin J. Lavine Ref: Loan# 8900020318 7. Default and Request To Act. Default has occurred and is continuing under the Loan Documents, and the Lender has requested that Substitute Trustee conduct this Foreclosure Sale. Notice is given that before the Foreclosure Sale Lender may appoint another person substitute trustee to conduct the Foreclosure Sale. Remainder ofPage Intentionally Left Blank]DAILD: June 15, 2026 SUBSTITUTE TRUSTEE: R. Tucker Thomas, Substitute Trustee - Blackwell, Blackburn, Herring& Singer, LLP 7557 Rambler Road, Suite 1450 Dallas, Texas 75231 Telephone: ( 214) 442- 9612 Fax: ( 214) 442-9621
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