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8501 BROADWAY BLVD

HOUSTON, TX 77061
active
ID: 0402390000078
8501 BROADWAY BLVD
active
Property image 2
Legal Description

TR 36 ABST 27 J R HARRIS

;
Property Overview

Bedrooms

Bathrooms

267,329

Sq Ft

1925

Year Built

Foreclosure Description

TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2025-7514 FILED 10/13/2025 10:08:58 AM
Assert and protect your rights as a member of the armed forces of the United St are or your spouse is serving on active military duty, including active milit, member of the Texas National Guard or the National Guard of another state of a reserve component of the armed forces of the United States, please se of the active duty military service to the sender of this notice immediate





Ww NOTICE OF SUBSTITUTE TRUSTEE’S SA STATE OF TEXAS § § COUNTY OF HARRIS § : Date: October 10, 2025 Borrower: Borrower’s Address:




Holder/Beneficiary: Holder/Beneficiary’s Address: - Substitute Trustees: . Hollerbach, Patricia Poston, David Poston, Nick : Poston; Chris Poston, Amar Sood, Sandy Dasigenis, Jeff Leva, Steve Leva or Nicole Durrett, and each of them acting alone Substitute Trustees’ 6700 N. New Braunfels Ave. Address: San Antonio, TX 78209 Deed of Tr Deed of Trust, Assignment of:Leases, Security Agreement and Fixture Filing & os September 10, 2021 66937.2
FRCL-2025-7514 FILED 10/13/2025 10:08:58 AM
TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS Grantor: . Original : Holder/Beneficiary: ‘Trustee: Secures: Foreclosure Sale: / Recording:
rom PLAZA AT HOBBY OWNER LP Voya Investment Management LLC, in its capacity as administrative agent for the Lenders (as defined’ in the Deed of Trust), as modified by that certain Loan Agreement (the “Loan Agreement”), dated as of September 10, 2021. Gary S. Farmer : Promissory Note, dated as of September 10, 2021 (the “Note”), ‘in the original stated maximum principal amount of up to” _ Eighty-One Million Four Hundred Fifty-Two Thousand Four Hundred and 00/100 Dollars ($8 1,452,400.00), presently owned and held by Holder Recorded in the Official Public Records of Harris County, Texas (the “Records”) as Document Number RP-2021-522914 Evidenced by that certain Assignment and Assumption of to, Interest Under Deed of Trust, Assignment of Leases, Security , A ent and Fixture Filing and Absolute Assignment of s afid beases, dated as of July 14, 2022 (the “Assignment”, d recorded in the Records: as Document Number RP-2022- 5 : : . Date of Sale: Time of Sale: 106366937.2 © i - All real pro " for all purposes; however, the description of the ré ‘improvements and personal property in.the Deed of Trus - . control to the extent of any conflict or any deficiency in such




> described as collateral in:


description contained in this Notice of Substitute Trustee’s Sale, - 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 © : oe " Tuesday, November 4, 2025 The sale of the Property will take place between the hours: of. 10:00 a.m. and 1:00 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 : vements and nal property ed of Trustythe legal,deseription of the property is also, for the sake gf convefiience o described on Exhibit A attached hereto an e.a part he , ill TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2025-7514 FILED 10/13/2025 10:08:58 AM
























Place of Sale: . THE BAYOU CITY EVENT CENTE! G ‘A SOUTH BALLROOM, LOCATED AT 9401 KNIG OUSTON, TX 77045 OR AS DESIGNAT: _ COUNTY - COMMISSIONER'S OFFICE - Holder has appointed James L. Hollerbach, Patricia Post Chris Poston, Amar Sood, Sandy Dasigenis, Jeff Leva, Steve Leva them acting alone as Substitute Trustees under the Deed of Tr manner outlined by the Deed of Trust and in accordance with 1 of the Texas Property Code. Default has occurred pursuant to the provisions of the De st and other documents relating to the indebtedness evidenced by the Note. The,indebtednegs evidenced by the Note is new wholly due. Holder has instructed Substitute the Property toward the satisfaction of the Note. oston, Nick Poston, Durrett and each of $contirigency and in the The Deed of Trust encumbers both real and Holder’s election to proceed against and sell all ; described in the Deed-of Trust in accordance with rty. Notice is hereby given of | erty and-any personal property hts and remedies under the Deed he Time of Sale, Substitute Trustee will offer the Property for sale at public auction at tie Place ale, to the highest bidder for cash, “AS IS” and further subject to any valid leases tothe Property 6r any portion thereof, which leases shall not terminate as a result of the sale. THE ILL BE NO WARRANTY RELATING TO TITLE, POSSESSION OR QUIET ENJOYME IKE FOR THE PERSONAL PROPERTY INCLUDED IN THE SALE: Holder ma it against the indebtedness evidenced by the Note and secured by: the Deed of Trust: Ehe SubStitute Trustee conducting the Foreclosure Sale may, at his option, postpone the sale fe ate onable time to permit the highest bidder (if other _ than Holder) to produce cash to pa ehase 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 cele 1:00:P.M. local time. : : [signature on.following page| . 3 106366937.2 ’ : Notice is hereby given that on the Dat












FRCL-2025-7514 TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FILED 10/13/2025 10:08:58 AM


, Substitute Trustee
TATE OF TEXAS Js

GALVESWN COUNTY OF HARRES § ubscribed and sworn to before me, the undersigned authority, on this _/'3 day of October appeared , the Affiant and Substitute Trustee. t Dr. Notary Public, State of Texas awe, DAVID W POSTON M mmission ires: Notary Public, State of Texas y Co On EXPIFCS Comm. Expires 04-19-2029 , / / z TRESS Notary 1D 129303869 After recording return to: ev P. Kyle Cheves Polsinelli PC 4020.Maple Avenue, Suite 300 Dallas, TX 75219
106366937.

FRCL-2025-7514 FILED 10/13/2025 10:08:58 AM TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS




Being all of that certain tract or parcel of land containing 8.92 ore or Jess, situated in the John R. Harris Survey, Abstract No, 27, Harris County, Texas. Said tract being more particularly described as follows: A TRACT OR PARCEL OF LAND CONTAINING CRES OR 388,651 SQUARE FEET OF LAND CONVEYED TO LB CRESCENT CITY, LP. IT RECORDED IN FILE NO. 2007-0074745 OF THE HARRIS COUNTY DEED REC S IN THE JOHN R. HARRIS SURVEY, ABSTRACT 27, HARRIS COUNTY, TEXAS SAID" 8 ACRE TRACT BEING MORE PARTICULARLY DESCRIBED BY METES A’ OUNDS AS FOLLOWS TO-WIT:





BEGINNING AT A "CROWS FOOT” MARK THE EAST RIGHT-OF-WAY LINE OF BROADWAY BL’ RIGHT-OF-WAY LINE OF ROCKHILL DRI OF THE HEREIN DESCRIBED 8,9222 ACRE, ‘OUND AT THE INTERSECTION OF . (120 FT. R.O.W.) WITH THE NORTH .W.) AT THE SOUTHWEST CORNER THENCE NORTH 03 DEGREES 11 MINUTES 32 SEC S WEST WITH THE EAST RIGHT-OF- - WAY LINE OF BROADWAY BLVD. A DISTANCE OF 960.05 FT. TO A SET 5/8 INCH CAPPED IRON ROD STAMPED SOUTH TEXAS VEYING, AT THE NORTHWEST CORNER OF THE HEREIN DESCRIBED TRACT AND RIGHT-OF-WAY LINE OF A 70 FT. HOUSTON LIGHTING & POWER CO! E RECORDED IN VOLUME 2779, PAGE 651 OF THE HARRIS COUNTY DEED RDS;







THENCE NORTH &6 DEGREES 48 M ONDS EAST WITH THE SOUTH RIGHT-OF- WAY LINE OF SAID EASEMENT (ORTH BOUNDARY LINE OF THE HEREIN DESCRIBED TRACT A DISTANCE OF 404,86 FT. TO A 5/8 INCH CAPPED IRON ROD STAMPED SOUTH TEXAS SURVEYING S$ THE NORTHEAST CORNER OF THE HEREIN DESCRIBED TRACT AND THE CORNER. OF LOT 3, BLOCK 20 OF GLEN VALLEY, SECTION 6 RECORDE) VOLUME 48, PAGE 71 OF THE- HARRIS COUNTY MAP RECORDS; THENCE SOUTH 63 DEGREES 11 MINUTES 21 SECONDS EAST WITH THE WEST BOUNDARY LINE OF LOTS 3 THRU 14 OF BLOCK 20 OF GLEN VALLEY, SECTION 6 PASSING THE NORTHWEST CORNER OF LOT 15, BLOCK 20 OF GLEN VALLEY, SECTION 10 RECORDED IN VOLUME 55, PAGE 25 OF S COUNTY MAP RECORDS IN ALL A TOTAL DISTANCE OF 960.00 FT. TO A 5/8 IN' 1) FOUND MARKING THE SOUTHEAST CORNER OF THE HEREIN DESCRIBED CT AND THE SOUTHWEST CORNER OF SAID LOT 15 IN NORTH RIGHT-OF-WAY OF ROCKHILL DRIVE; :




THENCE SOUTH 86 DEGE WAY LINE OF ROCKHI AND CONTAINING 8.922 a5 4 INUTES 31 SECONDS WEST WITH THE NORTH RIGHT-OF- D A DISTANCE OF 404.81 FT. TO THE PLACE OF BEGINNING A-l 106366937.2

Property Details
Property ID:0402390000078
Owner Name:PLAZA AT HOBBY OWNER LP
County:Harris County
Year Built:1925
Living Area:267,329 sq ft
Bedrooms:
Status:
active
Images Available:Yes
Coordinates:29.6678625,-95.2763077
Pricing Information

Appraised Value

$18,797,973

Default Amount

$1,452,400

Potential Savings: $17,345,573

Auction Information

Auction Date

November 4, 2025

Foreclosure Type

mortgage

Owner Information

Current Owner

PLAZA AT HOBBY OWNER LP

Location & County Info

Coordinates

29.6678625,-95.2763077

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