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4902 LEE ST

HOUSTON, TX 77020
active
ID: 0150640000011
4902 LEE ST
active
Property image 2
Legal Description

W 1/2 OF N 65.22 FT OF LT 1 BLK 30

;
Property Overview

Bedrooms

Bathrooms

720

Sq Ft

1940

Year Built

Foreclosure Description

TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2025-6553 FILED 9/11/2025 9:46:58 AM

APN: 0150640000011 : Commonly known as: 4902 Lee Si : Instrument to be Foreclosed — The instrument to be foreclosed is the Deed o' ecurity A Notice of Substitute Trustee Sale F25-00264 TX 6723152935/7241073373 Assert and rotect your rights ns a member of the armed forces of the United States. If you-are or your spouse. is serving on active military duty, including active mili duty as a member of the Texas Natio uard or the National Guard _of com lease send written notice of the









Date; Time, and Place of Sale - The sale is scheduled to. be held at the following date, time and place: Date: 10/07/2025 : Time: The sale will begin no earlier than 10:00AM or no later than three hours thereafter. The sale will- be completed by-no later than 1:00 PM, (Attention all bidders: cashier’s checks must be made . payable to Assured Lender Services, Inc.) . Place: Harris County, TX at the following location: The Bayou City Event Center, Magnolia South Ballroom, located at 9401 Knight Rd, Houston, TX 77045, OR IF THE PRECEDING AREA IS NO LONGER THE DESIGNATED AREA, AT THE AREA DESIGNATED BY THE COMMISSIONER'S COURT, PURSUANT TO SECTION 51.002 OF THE TEXAS PROPERTY CODE - no
‘old - The property to be sold is described as follows: noe Lot-One (1), in Block Thirty (30), of GAGNE HOMESTEAD, a subdivision in i mi jat thereof recorded in Volume 89, Page 240 of the Deed Records of






Assignment of Leases and Rents, dated 09/07/2023 (the “Deed of Trust”) and recorded in the office Clerk of Harris County, Texas, recorded on 09/08/2023 as Document No. RP-2023-346532 of the Re: Records of Harris County, Texas. Trustor(s): U & M ENTERPRISE LLC, a Original Beneficiary: Velocity Commercial Capital, Texas limited liability company . LLC, a California Limited. : Liability Company Current U.S. Bank Trust Company, Loan Servicer: PHH Mortgage Services Beneficiary: National Association, as ‘Indenture . Trustee for the Velocity . Commercial Capital Loan Trust . - 2025-RTLI , Current. Patricia Poston, David Poston, Nick Poston, Chris Posten, Amar Sood, Sandy Dasigenis, Substituted: Jeff Leva, Steve Leva, Nicole Durrett, Michele Sanders or Cherie Maples Trustees; | : a The Mortgage Servicer is authorized to represent the Mortgagee by virtue of a servicing agreement with the Mortgagee. Pursuant to the Servicing Agreement and Texas Property Code §51.0025, the Mortgage Servicer is authorized to:collect the debt afid to administer any resulting foreclosure of the property securing the above referenced loan. . Terms of Sale The sal¢-will be conducted as a public auction to the highest bidder for cash, subject.to the provisions of the deed of trust permitting the beneficiary thereunder to have the bid credited to the note up to the amount of the unpaid debt secured by the Deed of Trust at the time of sale. Prospective’bidders are strongly urged to examine the TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2025-6553 FILED 9/11/2025 9:46:58 AM - the beneficiary has the right to direct the-Trustec to sell the property in one or more pi ~ condition, without any express or: implied warranties, except as to the warranties o “provisions of the Deed. of Trust and as. permitted by-section 9.604(a) of the Tex encumbrances, to pay the remaining principal sum of the Note and: " interest, late cles advances, attorneys’ fees and o ISSUING THE: FINAL DEED. Pursuant to the Deed of Trust, nd/or to sell-all or only part : sold in “as-is, where is” applicable property records to determine the nature and extent of stich matters, if any


















of the property. Pursuant to section 51.009 of the Texas Property Code, the property w deed of trust. Prospective: bidders are’ advised fo conduct an independent investigation of the nature and physical condition of the Property.. Puirsuant to section 51.0075 of the Texas Property Cod é further reasonable conditions for-conducting the sale» Any such further conditions s opened for the first sale of the day held by the trustee-or. any substitute trustee, Type: of sale- - The present: Beneficiary under the Deed of Trust lias-élected to ed foreclosure:sale pursuant tothe’ provisions of Texas Business and: Commercial Code § 9% 604 (a); and to : e non-judicial foreclosure istee’s Sale all.of the personal property: and: fixtures described! within. the loan documents: The present Benefic S the right to revoke its election as to some or all-of said personal property and/or fixtures,, or to add additio af property and/or fixtures to the _ election herein expressed, at the present Beneficiary’s sole election, from at any time until the tice/of Trustee’s Sale..The real ein accordance withthe usiness and Commerce Code: consummation of the trustee’s sale to be conducted pursuant to the Deed ‘ property and personal property-encumbered by the Déed of Trust will be . Obligations Secured - The Deed of Trust provides that it secures. the payment of the indebtedness and obligations therein described (collectively the “Obligatioris”) including by not limited to (1) the promissory note in the original _ " principal amount of $153,038.00, executed by U & M ENTERPRISE LLC, a Texas limited liability company, and ,Payable-to ‘the order of Velocity Corimercial Capital; LLC, a California Limited Liability Company; (2) all renewals _ and’extensions of-the note; and (3) any and all present and fut debtedyess of U & M ENTERPRISE LLC, a Texas.














limited liability company. U.S. Banik Trust Company, Natio ni, a8 indenture Trustee for the Velocity ‘Commercial Capital Loan. Trust 2025-RTLI is. the current ownet and he ler of the Obligations, and is the beneficiary under the Deedof Trust. implied regarding title, possession, or her amounts lawfully owing under the Note, iding, without limitation, all interest, default enses. The sale will be-‘made, but without covenant or warranty, expt the Deed of Trust, and.all of the other associated loan: Questions concerning the sale may be directed sned or to the beneficiary: U.S. Bank Trust Company, ‘National Associa 2025-RTLI~ 2945 Townsgate Rd, Ste 110 ~ Westlake Village, CA91361 Raul Romero: : : raromero@velocitycomm Icom } (512) 676-4574- . : Dated: gis (2s . : Trustee for the Velocity Commercial Capital Loan Trust . M1 ‘Pacifica, Suite M08 Irvine, CA 92618

Property Details
Property ID:0150640000011
Owner Name:U & M ENTERPRISE LLC
County:Harris County
Year Built:1940
Living Area:720 sq ft
Bedrooms:
Status:
active
Images Available:Yes
Coordinates:29.781755142857143,-95.32098808163265
Pricing Information

Appraised Value

$155,300

Default Amount

$153,038

Potential Savings: $2,262

Auction Information

Auction Date

October 7, 2025

Foreclosure Type

mortgage

Owner Information

Current Owner

U & M ENTERPRISE LLC

Location & County Info

Coordinates

29.781755142857143,-95.32098808163265

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