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4908 LEE ST

HOUSTON, TX 77020
active
ID: 0150640000015
4908 LEE ST
active
Property image 2
Legal Description

E 1/2 OF LT 2 BLK 30 GAGNE HOMESTEAD

;
Property Overview

Bedrooms

Bathrooms

720

Sq Ft

1940

Year Built

Foreclosure Description

TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2025-6555 FILED 9/11/2025 9:46:58 AM Notice of Substitute Trustee Sale F25-00267 TX ; 6723152940/7241073423 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 ctive 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 fo the United States, please send en.notice of the ctive duty military service to the sender of this notice immediately.


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 bidder's: 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. 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 rc Property id rop' sold is described as follows: Lot East 1/2 of the North 65. pe in Block Thirty (30), of GAGNE HOMESTEAD, a subdivision in to the mag or p Harris County, Texas, accor: Nar f recorded in Volume 89, Page 240 of the Deed Records of APN: 0150640000015 Harris County, Texas. ‘Commonly known as: 4908 Lee Street , Houston, TX 770:
Instrument to be Foreclosed — The instrument to be foreclosed is the Deed 0 st, Security Agreement and Assignmnet of Leases and Rents, dated 09/07/2023 (the “Deed of Trust”) and led in the office.efthe County Clerk of Harris County, Texas, recorded on 09/11/2023 as Document No. RP-2023+346653 of the’Real Proper . Records of Harris County; Texas. ' Trustor(s): U& MENTERPRISE LLC, a Original Beneficiary: Velocity Commerc’ U Texas limited liability company . LLC, a California Limi ee : 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-RTL1 Current Patricia Poston, David Poston, Nick Poston, Chris Poston, Amar Sood, Sandy Dasigenis, Substituted Jeff Leva, Steve Leva, Nicole Durrett, Michele Sanders or Cherie Maples Trustees: : 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 and to administer any resulting foreclosure of the property securing the above referenced loan. Terms of Sale - The sale 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-2025-6555 FILED 9/11/2025 9:46:58 AM Obligations Secured - The Deed of Trust provides, that it secures the payment, of the indebtedness an - NOTICE TO POTENTIAL BIDDERS: applicable property records 10 determine the nature and extent of such matters, if any, -Pursuant to the Deed of Trust, ‘he beneficiary fas the right to direct the Trustee to'sell the property in one or more parcels and/or to’sell all or only part of the property. Pursuant to-seetion 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 decd of trust. Prospective bidders are advised to. conduct an independent ‘investigation of the nature and physical condition of the property. Pursuant to séction 51.0075 of the Texas Property Code,-the trustee reserves the right to. set further reasOnable conditions for conducting the sale. Any sich further conditions shall:be Announced. before. bidding is. opened for the first sale of the day. held by the trustee or any substitute trustee, . oe Type of sale - The:present Beneficiary under the Deed of Trust has elected to conduct a unified foreclosure sale pursuant tothe provisions of Texas Business and Commercial, Code’§ 9.604 (a) and to, include in the rion-judicial foreclosure _ pursuant to the power of the sale granted by the deed of trust described in this Notice of Trustee’s'Sale all of the personal ~ ° property and fixtures described within the loan documents. The present Beneficiary reserves the right torevoke its election as'to.some or all of'said personal property and/or fixtures, or'to add additional personal property and/or fixtures to the election herein expressed, at the present Beneficiary's sole electioii, from tine to tiine-and at any time until the consummation of the trustee’s.sale to be conducted pursuant to the Deed of Trust and Notice of Trustee's Sale. The real property: and personal property encumbered: by the Deed of Trust will be sold at the sale. in accordance with the provisions of the Deed of Trust and as permitted by section 9.604(a) of thé Texas Business and Commerce Code.








therein described-(collectively the “Obligations”) including by not limited to (1) the promissory note principal amount of $158,999.00, execiited by U & M ENTERPRISE LLC, a Texas limited liability payable to the order of Velocity Cmmercial Capital. LLC, a California Limited Liability:Comp: ) all 'F extensions of the note;.and (3) arly and all present and ‘future indebtedness-of- U & ME ISE LLC,"a ‘Fexas limited liability company. U.S. Bank Trust Company, National Association, as Indenture Trustee the Velocity Commercial Capital Loan Trust 2025-RTL1 is the curtent‘owner and holder‘of the O beneficiary under the Deed of Trust. “ey




The sale will be made, but without covenant or warranty, expressed encumbrances, to pay thie remaining principal sum of the-Note.and al! the-Deed of Trust, and all of the other associated loan doi ‘interest, late charges, advances, attorneys’ fees and other iwfully owing under the Note, wut limitation, all interest, default











, ED FUNDS AT SALE BY CASHIER'S CHECK(S) PAYABLE DIRECTLY SERVICES, INC.” TO AVOID DELAYS IN ISSUING THE FINAL DEED. . U.S, Bank Trust C 2025-RTLL. a Patricia Poston, David Poston, Nick Poston, Chris Poston, Amar Sood Sandy
Dasigenis, Jeff Leva, Steve Leva, Nicole Durrett, Michele Sanders or‘Cherie -


‘Irvine, CA 92618 ‘ : : “4 Phone: (714) 508-7373 : Fax: (714) 505-3831 os AFTER RECORDING, PLEASE RETURN TO: ’ ‘Assured Lender Services, Inc.» - : 111 Pacifica, Suite 140 : Irvine, CA 92618: - V

Property Details
Property ID:0150640000015
Owner Name:U & M ENTERPRISE LLC
County:Harris County
Year Built:1940
Living Area:720 sq ft
Bedrooms:
Status:
active
Images Available:Yes
Coordinates:29.781755571428572,-95.3209463265306
Pricing Information

Appraised Value

$81,566

Default Amount

$158,999

Potential Savings: -$77,433

Auction Information

Auction Date

October 7, 2025

Foreclosure Type

mortgage

Owner Information

Current Owner

U & M ENTERPRISE LLC

Location & County Info

Coordinates

29.781755571428572,-95.3209463265306

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