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2211 S VERNON AVE

DALLAS, TX 75224
active
ID: 00000468316000000
No image available
active
Legal Description

ELMDALE BLK C/5974 LTS 19 - 26

;
Property Overview

Bedrooms

Bathrooms

0

Sq Ft

0

Year Built

Foreclosure Description

NOTICE OF TRUSTEE'S SALE
[Commercial Property] 2025
B ':
WHEREAS, on December 29, 2021, 2211 Elmwood LLC, a Texas limited liability
company (the "Grantor"), executed that certain Deed of Trust (with Security Agreement and
Assignment of Rents) for the benefit of Graham Mortgage Corporation (the "Beneficiary"), such
being recorded on December 30, 2021 with the County Clerk of Dallas County, Texas as
Document Number 202100389372 (the "Deed of Trust"), conveying to David G. Drumm, as
Trustee (the "Trustee"), certain real property and other property_ described therein (the
"Property") to secure payment of all indebtedness owed or to be owing to the Beneficiary (the
"Indebtedness") including, without limitation, the indebtedness evidenced by that certain Deed
of Trust Note dated December 29, 2021 given by Grantor to Beneficiary in the original principal
amount of $3,250,000.00 (the "Note"); and
WHEREAS, Beneficiary is the legal and equitable owner and holder of the Indebtedness
secured by said Deed of Trust; and
WHEREAS, defaults have occurred in the payment of the Indebtedness, and Beneficiary
has requested the undersigned or any substitute trustee under the Deed of Trust to sell the Property
on Tuesday, the 7th day of October, 2025 (the "Subject Foreclosure");
NOW, THEREFORE, NOTICE IS HEREBY GIVEN, that on Tuesday, the 7th day of
October, 2025, between 10:00 a.m. and 1 :00 p.m., I or any other substitute trustee under the Deed
of Trust will sell the Property secured by the Deed of Trust at the door of the County Courthouse
( or such other location) designated by the Dallas County Commissioner's Court as the location for
such.sales in Dallas County, Texas, to the highest bidder for cash. The earliest time the sale will
begin is 10:00 a.m. Pursuant to applicable law, the sale will begin at such time or within three
hours thereafter.
The Property is located in the County of Dallas, State of Texas, as more particularly
described on Exhibit A, attached hereto and incorporated herein. The Property includes both real
and personal property, and formal notice is hereby given of Beneficiary's election to proceed
· against and sell both the real property and any personal property described in the Deed of Trust in
accordance with Beneficiary's rights and remedies untler the Deed of Tnist and Section 9.604(a)
of the Texas Business and Commerce Code. 1
The Subject Foreclosure will be made express!~ subject to any title matters set forth in the
Deed of Trust and all prior matters of record affecting the Property, if any, to the extent they remain
in force and effect and have not been subordinated to ~he Deed of Trust. The Subject Foreclosure
Notice of Trustee's Sale-Dallas County, Texas
Graham Mortgage Corporation/ 2211 Elmwood LLC Page 1 w1ll not cover any part of the Property that has been released of public record from the lien or
security interest of the D~ed of Trust by Beneficiary: Prospective bidders are strongly urged to
examine the applicable property records to determine the nature and extent of such matters, if any.
: . - Pursuant to Section 51.009 of the T~xas Property Code, the Property will be sold in its '' 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 of Trust. Prospective bidders are advised to conduct
an independent investigation of the nature and physical condition of the Property.
Pursuant to Section 51.00_75 of the Texas Property Code, the Trustee reserves the right to
set further reasonable conditions for conducting the Subject Foreclosure. Any such further
conditions shall be announced before bidding is opened for the· first sale of the day held by said
Trustee.
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.
Notice of Trustee's Sale-Dallas County, Texas
Graham Mortgage Corporation/2211 Elmwood LLC Page2 WITNESS MY HAND this 15th day of September, 2025.
Notice of Trustee's S11le-Dallas Coimty, Texas
Graham Mortgage Corporation/ 2211 Elmwood LLC David G. Drumm, Trustee
Carrington, Coleman, Sloman &
Blumenthal, LLP
901 Main Street, Suite 5500
Dallas, Texas 75202
Page3 EXHIBIT A
PROPERTY
Lots 19 through 26, _ inclusive, in -Block C/5974, of ELMDALE, an addition to the City of·
Dallas, Dallas County, Texas, according to the Map or Plat thereof recorded .in/under
-Volume 4, Page 10, Map/Plat Records, Dallas County, Texas~
Notice of Trustee's Sale-Dallas County, Texas
Graham Mortgage Corporation/ 2211 Elmwood LLC .Page 4

Property Details
Property ID:00000468316000000
Owner Name:COLMAR TERRACE
County:Dallas County
Year Built:0
Living Area:0 sq ft
Bedrooms:
Status:
active
Images Available:No
Coordinates:32.72360735,-96.8370415442135
Pricing Information

Appraised Value

$3,550,000

Default Amount

$3,250,000

Potential Savings: $300,000

Auction Information

Auction Date

October 7, 2025

Foreclosure Type

mortgage

Owner Information

Current Owner

COLMAR TERRACE

Location & County Info

Coordinates

32.72360735,-96.8370415442135

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