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5601 GASTON AVE

DALLAS, TX 75214
active
ID: 00000181759000000
5601 GASTON AVE
active
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Legal Description

MUNGER PLACE BLK 11/1863 LTS 1-2 &11.4FT LT 3

;
Property Overview

Bedrooms

Bathrooms

0

Sq Ft

0

Year Built

Foreclosure Description

Assert and protect your rights as a member of the armed forces of the United 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 of the active-duty military service to the sender of this notice immediately.
Tex. Prop. Code § 51.002(i).
NOTICE OF SUBSTITUTE TRUSTEE'S SALE
STATE OF TEXAS
COUNTY OF DALLAS
Borrower:
Borrower's Address:
Holder:
Holder's Address:
Mo1igage Servicer: §
§
§
November 11, 2025
180 MF CAP EAST DALLAS 1, LLC, a Texas f1mited lialfility
company
4103 Buckingham Place
Colleyville, Texas 76034
Fannie Mae, a corporation duly organized under the. Federal
National M01igage Association Chai·ter Act, as amended, 12
U.S.C. Section 1716 et seq. and duly organized and existing
under the laws of the United States
Granite Park VII
5600 Granite Parkway
Plano, Texas 75024
GREYSTONE SERVICING COMPANY LLC, a Delaware
limited liability company
Mortgage Servicer's Address: 419 Belle Air Lane
Warrenton, Virginia 20186
Email: [email protected]
Attn: Loan Servicing
Substitute Trustees: Jay L. Krystinik, Keith Aurzada, Brian C. Mitchell, Clark A.
Donat, Michael P. Cooley, Bradley Purcell, Taylre Janak,
Dylan Ross, Ben Breckler, Haley B. Bray, and Tristan Sierra,
each of them acting alone
Substitute Trustees' c/o Reed Smith LLP
Address: 2850 N. Harwood Street, Suite 1500
Dallas, Texas 75201
( 469) 680-4200
1 Deed of Trust:
Date:
Grantor:
Lender:
Trustee:
Secures:
Recording:
Prope1iy:
Foreclosure Sale
Date of Sale: Multifamily Deed of Trust, Assignment of Leases and Rents,
Security Agreement and Fixture Filing
as of September 28, 2022
180 MF CAP EAST DALLAS 1, LLC, aTexas limited liability
company
GREYSTONE SERVICING COMPANY LLC, a Delaware
limited liability company
Kyle Denbow
The loan in the original principal amount of $26,478,000.0Q
evidenced by that certain Multifamily Note dated . as . of
September 28, 2022, executed by Grantor and made payable to
the order of Lender (as amended, restated, replaced,
supplemented, or otherwise modified from time to time, the
"Note"), which is currently held by Holder.
Recorded September 29, 2022, in the Real Property Records of
Dallas County, Texas (the "Records"), as· Instrument Number
202200259386, as assigned to Holder pursuant to that certain
Assignment of Security Instrument, dated as of September 28,
2022, recorded September 29, 2022, in the Records, as
Document Number 202200259387.
All real prope1ty, 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 prope1ty in the
Deed of Trust will control to the extent of any conflict or any
deficiency in such description contained in this instrument, 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, December 2, 2025
2 Time of Sale:
Place of Sale: The sale of the Property will take place between the hours of
10:00 a.m. and 4:00 p.m. local time; the earliest time at which
the sale will take place is 10:00 a.m., and the sale will begin .
within three hours thereafter. •
On the North Side of the George Allen Courts Building facing
Commerce Street below the overhang, or if the preceding area
is no longer the designated area, at the area most recently •.
designated by the County Commissioner's Court
Holder has appointed Substitute Trustees, and each of them acting alone, as Sl;\bstitute
Trustees under the Deed. of Trust upon the contingency and in the manner outlined ·by the De~d
of Trust and in accordance with Chapter 51 of the Texas Property Code. Default has occurred
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 prope11y. 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
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
than 4:00 P.M. local time.
IN WITNESS WHEREOF this Notice of Substitute Trustee's Sale has been executed on
this the 11th day of November 2025.
3 STATE OF TEXAS §
§
COUNTY OF DALLAS §
This instrument was acknowledged before me on this 11th day of November 2025, by
Haley B. Bray, as Substitute Trustee.
[SEAL] GABRIEL SAENZ
Notary ID #131025282
My Commission Expires
May 23, 2028
My Commission Expires:
After recording return to:
Jay L. Krystinik
Reed Smith LLP
2850 N. Harwood Street, Suite 1500
Dallas, Texas 75201 Notary Public, State of Texas
Cba.bc,eJ Sa.tn:z
Printed Name of Notary
4 Tract 1:
7130 Gu~fon Ave. EXHIBIT A
DESCRIPTION OF THE LAND
BEING ALL THAT CERTAIN LOT, TRACT OR PARCEL OF LAND SITUATED IN THE
ANDREW T. NANNY SURVEY, ABSTRACT NUMBER 1094, OUT OF CITY BLOCK 2740,
CITY OF DALLAS, DALLAS COUNTY, TEXAS AND BEING THE SAME PROPERTY
DESCRIBED IN DEED TO POWER 7130, LTD., AND RECORDED IN VOLUME 99138,
PAGE 4103 OF THE DEED RECORDS OF DALLAS COUNTY, TEXAS AND BEING MORE
PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS:
BEGINNING AT A 5/8" IRON ROD FOUND IN CONCRETE FOR THE MOST NORTHERLY
CORNER OF SAID POWER 7130, LTD. TRACT, SAME BEING IN THE SOUTHWEST
RIGHT-OF-WAY LINE OF GASTON AVENUE (60 FOOT RIGHT-OF-WAY) AND
• BEING (CALLED) 335.16 FEET SOUTHEASTERLY FROM THE SOUTHEAST LINE OF
LOVING DRIVE AND BEING IN A CURVE TO THE RIGHT HA VJNG A RADIUS OF
4881:70 FEET WITH A CENTRAL ANGLE OF 04° 37' 36" AND A CHORD BEARJNG
SOUTH 58° 24' 56" EAST AT A DISTANCE OF 394.08 FEET;
THENCE SOUTHEASTERLY ALONG SAID CURVE AND THE SOUTHWEST RIGHT­ OF-WAY LINE OF GASTON AVENUE, FORAN ARC DISTANCE OF 394.19 FEET (335.16
FEET PER DEED) TO A POINT FOR THE NORTHWEST CORNER OF A TRACT OF LAND
CONVEYED TO POWER 7204, L.P. AS RECORDED IN VOLUME 2001164 AT PAGE 1261
OF THE DEED RECORDS OF DALLAS COUNTY, TEXAS;
THENCE SOUTH 36° 14' 07'' WEST (SOUTH 36° 14' 27" WEST PER DEED) AND
DEPARTING THE SOUTHWEST RIGHT-OF-WAY LINE OF GASTON AVENUE AND
FOLLOWJNG ALONG THE NORTHWEST LINE OF SAID POWER 7204, L.P. TRACT AND ,
PASSING A 5/8" IRON ROD AT A DISTANCE OF 2.2 FEET, CONTJNUING IN ALL FOR A
DISTANCE OF 474.52 FEET (472.60 FEET PER DEED) TO A 5/8" IRON ROD SET FOR
CORNER IN THE NORTHEAST LINE OF A 10 FOOT ALLEY;
THENCE NORTH 61°·41' 09" WEST (NORTH 61° 06' 05" WEST PER DEED) ALONG THE
NORTHEAST LINE OF SAID 10 FOOT ALLEY, FOR A DISTANCE OF 293.86 FEET (294.82
FEET PER DEED) TO A POINT FOR CORNER;
THENCE NORTH 24° 20' 34" EAST (BASIS OF BEARINGS PER DEED RECORDED IN
99018 AT PAGE 6486 OF THE DEED RECORDS OF DALLAS COUNTY, TEXAS) WITH
THE SOUTHEAST LINE OF TRACT OF LAND DESCRIBED IN DEED TO TRINITY
ENGLISH EVANGELICAL LUTHERAN CHURCH AS RECORDED IN VOLUME 4907 AT
PAGE 217 OF THE DEED RECORDS OF DALLAS COUNTY, TEXAS AND COMMON TO
THE C & B POWER, INC. TRACT, AND PASSING A 5/8" IRON ROD WITH YELLOW
Exhibit A-Page 1 of 5 PLASTIC CAP STAMPED "SHIELDS AND LEE" IN CONCRETE AT A DISTANCE OF 7.4
FEET AND CONTINUING IN TOTAL FOR A DISTANCE OF 493.66 FEET (492.76 FEET
PER DEED) TO THE POINT OF BEGINNING AND CONTAINING 3.8245 ACRES-(3.8237
ACRES PER DEED) OF LAND, MORE OR LESS.
NOTE: COMPANY DOES NOT REPRESENT THAT THE ABOVE ACREAGE AND/OR
SQUARE FOOTAGE CALCULATIONS ARE CORRECT.
Tract 2:
7204 Gaston Ave.
BEING all that certain lot, tract or parcel ofland situated in the Andrew T. Nanny Survey, Abstract
. Number 1094, out of City Block 2740, City of Dallas, Dallas County, Texas and being the same
property described in deed to Power 7204, L.P, and recorded in Volume 2001164, Page 1261 of
the Deed Records of Dallas County, Texas and being more particularly described by metes and
bounds as follows:
COMMENCING at a 5/8" iron rod found in concrete for the most Northerly comer of a tract of
land described in deed to Power 7130, Ltd. and recorded in Volume 99138, Page 4103 of the Deed
Records of Dallas County, Texas, same being in the Southwest right-of-way line of Gaston A venue
(60 foot right-of-way) and being (called) 335.16 feet Southeasterly from the Southeast line of
Loving Drive and being in a curve to the right having a radius of 4881.70 feet with a centrafangle
of 04 degrees 37 minutes 36 seconds and a chord bearing South 58 degrees 241)).inutes 56 seconds
East at a distance of 394.08 feet;
THENCE Southeasterly along said curve and the Southwest right-of-way line of Gaston Avenue,
for an arc distance of 394.19 feet (335.16 feet per deed) to the POINT OF BEGINNING for this
description, said point being the most northerly comer of aforesaid Power 7204, LP. tract, said
point being in a curve to the right having a radius of 4881. 70 feet with a central angle of 02 degrees
09 minutes 54 seconds and a chord bearing South 55 degrees 01 minute 11 seconds East at a
distance of 184.44 feet;
THENCE Southeasterly along said curve to the right and the Southwest right-of-way line of
Gaston Avenue, for an arc distance of 184.45 feet (184.43 feet deed) to a point for comer, same
being the most Easterly comer of aforesaid Power 7204, LP. tract;
THENCE South 36 degrees 24 minutes 03 seconds West (South 36 degrees 27 minutes 04 seconds
West deed) and departing the Southwest right-of-way line of Gaston Avenue and following along
the Southeast line of a said Power 7204, L.P. tract and passing at a distance of 241.24 feet the
Northerly comer of Sky Lodge Addition, an addition to the City of Dallas, Dallas County, Texas
according the map or plat recorded in Volume 84192, Page 4302 of the Map Records of Dallas
County, Texas; and continuing along the Northwest line of said Sky Lodge Addition, for a total
distance-of 485.94 feet (485.40 feet per deed) to a 5/811 iron rod set for comer in the Northeast line
of a 10 foot alley;
Exhibit A-Page 2 of 5 THENCE North 50 degrees 32 minutes 01 second West (North 50 degrees 09 minutes 56 seconds
West per deed) along the Northeast line of said 10 foot alley, for a distance of 168.17 feet (126.00
feet deed) to a point for corner;
THENCE North 61 degrees 41 minutes 09 seconds West (North 54 degrees 09 minutes 46 seconds
West deed) continuing along the. Northeast line of said 10 foot alley, for a distance 005.24 feet
(56.86 feet deed) to a point for corner, same being the most westerly comer of said Power· 7204,
LP. tract and the most Southerly comer of aforesaid Power 7130, Ltd. tract;
THENCE North 36 degrees 14 minutes 07 seconds East (North 36 degrees 14 minutes 27 seconds
East deed) (Basis of bearing per deed recorded in Volume 9913 8 at Page 4103 of the Dee4 Reco.rds
of Dallas County, Texas) and departing the Northeast line of said 10 foot alley and along the
Northwest line of said Power 7204, LP. tract and the Southeast line of aforesaid Power 7130, Ltd.
tract, fora distance of 474.52 feet (474.73 feet deed) POINT OF BEGINNING and CONTA1N1NG
2.0219 ACRES OF LAND, (2.0190 acres deed) more or less.
NOTE: COMPANY DOES NOT REPRESENT THAT THE ABOVE ACREAGE AND/OR
SQUARE FOOTAGE CALCULATIONS ARE CORRECT.
Tract 3:
5808 Gaston Ave
BEING all of that certain lot, tract or parcel of land situated in the City of Dallas, Dallas County,
Texas,· and being known as Lot 17 and the Southwesterly 40 feet of Lot 18 in Block 7 /1883 of
Munger Place Addition, an addition to the City of Dallas, Texas according to the plat thereof
recorded in Volume 2 at Page 110 of the Map Records of Dallas County, Texas, and being the
same property conveyed to Power Investments called Tract 2 in deed recorded in Volume 98229
at Page 4943 of the Deed Records of Dallas County, Texas, and being more particularly described
by metes and bounds as follows:
BEG1NN1NG at a 1/2" iron rod found for the intersection of the Southeast right-of-way line of
Gaston Avenue (70 foot right-of-way) with the Northeast right-of-way line of Skillman Street (50
foot right-of-way);
THENCE North 45 degrees 00 minutes 00 seconds East (Basis of Bearings per deed recorded in
Volume 98229 at Page 4943 of the Deed Records of Dallas County, Texas) for a distance of 120.00
feet (119.85' per deed) to a 2" iron pipe found for comer;
THENCE South 45 degrees 00 minutes 00 seconds East (South 44 degrees 44 minutes 09 seconds
East per deed) and departing the South right of way line of for a distance of 180.80 feet to a 1/2"
iron rod found in the Northwest line of a 15 foot alley;
THENCE South 45 degrees 00 minutes 00 seconds West along the Northwest line of said 15 foot
alley for a distance of 120.00 feet (119 .84 feet per deed) to a 60d nail found for the most Southerly
comer of Lot 17 in Block 7 /1883 and being in the Northeast right-of-way line of the
aforementioned Skillman Street;
Exhibit A -Page 3 of 5 THENCE North 45 degrees 00 minutes 00 seconds West (North 44 degrees 44 minutes 24 seconds
West per deed) and following along the Northeast right-of-way line of said Skillman Street for a
distance of.180.80 feet (180.02 feet per deed) to the POINT OF BEGINNING and CONTAINING
0.4981 ACRES OF LAND, more or less.
NOTE: This Company does not represent that the above square footage and/or acreage amounts
are correct.
Tract 4:
5908 Gaston
BEING all of that certain lot, tract or parcel of land situated in the City of Dallas, Dallas County,
Texas; and being known as part of Lots 16 and 17 in Block 8/1883 of Munger Place Addition, an
addition to the City of Dallas, Texas according to the plat thereof recorded in Volume 2 at Page
238 of the Map Records of Dallas County, Texas, and being the same property conveyed to Power
Investments called Tract 1 in deed recorded in Volume 98229 at Page 4943 of the Deed Records
of Dallas County, Texas, and being more particularly described by metes and bounds as follows:
BEGINNING at a 1/2" iron rod found for the intersection of the Southeast right-of-way line of
Gaston Avenue (75 foot right-of-way) with the Northeast right-of-way line of Ridgeway Street (50
foot right-of-way);
THENCE North 45 degrees 00 minutes 00 seconds East (Basis of Bearings per deed recorded in
Volume 98229 at Page 4943 of the Deed Records of Dallas County, Texas) along the Southeast
right-of-way line ofGaston Avenue for a distance of 150.00 feet to a 1/2" iron rod found for comer;
THENCE South 45 degrees 00 minutes 00 seconds East and departing the Southeast right-of~wa.y
line of said Gaston Avenue for a distance of 175.80 feet to a 1/2" iron rod found for the most
Easterly corner of Lot 17 in Block 8/1883 and being in the Northwest line of a 15 foot alley;
THENCE South 45 degrees 00 minutes 00 seconds West along the Northwest line of said 15 foot
alley for a distance of 150.00 feet to a 60d nail found for the most Southerly comer of Lot 16 in
Block 8/1883 and being in the Northeast right-of-way line of the aforementioned Ridgeway Street;
THENCE North 45 degrees 00 minutes 00 seconds West and following along the Northeast right­ of-way line of said Ridgeway Street for a distance of 175.80 feet to the POINT OF BEGINNING
and CONTAINING 0.6054 ACRES OF LAND, more or less.
NOTE: COMPANY DOES NOT REPRESENT THAT THE ABOVE ACREAGE AND/OR
SQUARE FOOTAGE CALCULATIONS ARE CORRECT.
Tract 5:
5727 Gaston Ave.
Exhibit A-Page 4 of 5 Being the Northeast 55 feet of Lot Four (4), all of Lots Five (5) and Six (6) and the Southwest 15
feet to Lot Seven (7) in Block 10/1867 of Munger Place, Second Section, an Addition to the City
of Dallas, Dallas County, Texas, according to the Map thereof recorded in Volume 1, Page 524,
Map Records, Dallas County, Texas, and being more particularly described as follows:
BEGINNING-at an "x" in concrete found in the northwest R.O.W. of Gaston Avenue (70 foot
R.0.W) and being 260.0 feet Southwest of the intersection of the northwest R.0.W. of Skillman
Street (50 feet R.O.W.);
THENCE South 45 degrees 30 minutes West along the Northwest R.0.W. of Gaston Avenue a
distance of 190.00 feet to an "x" found in concrete for comer;
THENCE North 44 degrees 09 minutes West a distance of 248.8 feet to an iron pipe found for
comer and being in the Southeast line of a 25 foot alley;
THENCE North 45 degrees 3 0 minutes East along the Southeastline of said 25 foot alley a distance
of 190.00 fe.et to an "x" found_in concrete for corner;
THENCE South 44 degrees 09 minutes East a distance of 248.8 feet to the PLACE OF
BEGINNING and containing 47,272 square feet or 1.09 acres ofland.
NOTE: COMP ANY DOES NOT REPRESENT THAT THE ABOVE ACREAGE AND/OR
SQUARE FOOTAGE CALCULATIONS ARE CORRECT.
Exhibit A-Page 5 of 5

Property Details
Property ID:00000181759000000
Owner Name:LONDON
County:Dallas County
Year Built:0
Living Area:0 sq ft
Bedrooms:
Status:
active
Images Available:Yes
Coordinates:32.8066466,-96.76201173923397
Pricing Information

Appraised Value

$4,300,000

Default Amount

$0

Potential Savings: $4,300,000

Auction Information

Auction Date

December 2, 2025

Foreclosure Type

mortgage

Owner Information

Current Owner

LONDON

Location & County Info

Coordinates

32.8066466,-96.76201173923397

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