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250 UVALDE RD 494

HOUSTON, TX 77015
active
ID: 0402670010048
No image available
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Legal Description

TRS 7A 41 41D & 41H ABST 33 S C HIROMS

;
Property Overview

Bedrooms

Bathrooms

545,421

Sq Ft

1976

Year Built

Foreclosure Description

TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2025-5940 FILED 8/11/2025 11:30:27 AM
_ NOTICE OF TRUSTEE’S SALE AND APPOINTMENT OF SUBSTITUTE TRUSTEE
STATE OF TEXAS § § KNOW ALL PERSONS BY THESE PRESENTS COUNTY OF HARRIS . § WHEREAS, CDE Graham 446 SPE LLC, a Delaware limited liability company * Borrower”), became indebted to Arbor Realty Sr, Inc., a Maryland corporation (“Lender”), as evidenced by that certain Promissory Note dated November 9, 2021 in the maximum principal amount of THIRTY-SEVEN MILLION EIGHT HUNDRED EIGHTY THOUSAND TWO HUNDRED FIFTY and NO/100 DOLLARS ($37,880,250.00) (the “Promissory Note”), executed and delivered by Borrower to the order of Lender, as payee, bearing interest and being due and’ payable as therein provided, and said Promissory Note and all liens, security interests and assignments securing same having been finally assigned to GRAHAM PROPERTY OWNER LLC, a Delaware limited liability company (the “Holder”); WHEREAS, the indebtedness evidenced by the Promissory Note is secured by, among S, ain liens, security interests and assignments, evidenced by, among other things, Deed 6f Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing















d of Trust”) dated o: date with the Promissory Note, naming John T. Updegraff, Jr. benefit of Le d/or,its assigns, said Deed of Trust being duly recorded as the property described in Exhibit purposes, together with all appurten: improvements on, in and under said real pro i out limifation any and al to the present or future use of wastewater, wastewater ca dr. , facilities to the extent same pertain to or benefit all or any porti Tei e without limitation all reservations or commitments or letters covering any whether now or hereafter acquired, and any leases and rents relating thereto, which’ therein (all of which is hereinafter referred to as the “Property”); tures, personal property, and 1 rights


WHEREAS, the Promissory Note and the Deed of Trust and all other documents securing the Promissory Note are now held by the Holder (hereinafter referred to as “Beneficiary’”), having an address c/o Sheppard Mullin, Richter & Hampton LLP, 2200 Ross Avenue, 20" Floor, Dallas, Texas 75201; WHEREAS, default has occurred in the payment of the Promissory Note and indebtedness, and in the performance of the obligations of the Deed of Trust, and because of such default, Beneficiary, as the owner and holder of the Promissory Note and the Deed of Trust, has requested Substitute Trustee to sell the Property; WHEREAS, to the extent the Deed of Trust encumbers both real and personal property, 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 under the Deed of Trust and Section 9.604(a) of the Texas Business and Commerce Code;



TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2025-5940 FILED 8/11/2025 11:30:27 AM




uant to the authority granted in the Deed of Trust and in accordance with the Texas P: de, Beneficiary has appointed each of the undersigned as “Substitute Trustee” under th ‘Trust pursuant to duly authorized and executed appointment document; . WHE! has requested the undersigned Substitute Trustee to enforce the liens of the Deed sale of the Property in the manner set forth under the terms of the Deed of Trust and 5 the laws of the State of Texas; and WHEREAS, ed, Substitute Trustee, acting upon the request of said - Beneficiary, by these ents.is hereby posting, filing and giving notice of the foreclosure of the Deed of Trust and the lien thereof provisions of the Deed of Trus)





accordance with applicable Texas law and the terms and NOW, THEREFORE, ant to authority conferred upon each of us by the Deed of Trust, we, the undersigned duly appointed Substitute Trustee under said Deed of Trust or another such duly appointed Substitute ccessor Substitute Trustee under said Deed of Trust, having an address c/o Sheppard, , Richter & Hampton LLP, 2200 Ross Avenue, 20" Floor, Dallas, Texas 75201, in order to‘gatisfy the indebtedness secured thereby and at the request of Beneficiary, the owner and holder of saé dness, default having been made in the payment of the Promissory Note and said i and/or default having been made under the covenants set out in the said Deed of Trust, will sell the Property on Tuesday, September 2, 2025, at a time commencing not earlier than no later than 1:00 PM, to the highest bidder for cash (except that Beneficiary’s bid dit against the indebtedness secured by the lien of the Deed of Trust) at the area des! e Harris County Commissioner’s Court as the area where non-judicial foreclosures l take place, and more specifically the Bayou City Event Center located at 9401 Knight Road, Houstes as 77045, pursuant to Section 51.002 of the Texas Property Code, as the area where non: adioia ‘oreclosures shall take place.


















THE SALE OF THE PROPERTY IS “AS IS” “WHERE IS” AND WITHOUT REPRESENTATION OR WARRANTY OF AN Y THE SUBSTITUTE TRUSTEE(S), EXPRESS, IMPLIED, STATUTORY, QUASESTATUTORY OR. OTHERWISE, ANY WARRANTY OF MERCHANTABILITY OR FIENESS FOR A PARTICULAR PURPOSE BEING EXPRESSLY DISCLAIMED. NEITHER THE HOLDER OF THE PROMISSORY _ NOTE NOR THE SUBSTITUTE TRUSTEE(S) MAKE(S) ANY REPRESENTATIONS OR WARRANTIES WITH RESPECT TO COMPLIANCE WITH LAWS, RULES, AGREEMENTS OR SPECIFICATIONS, NOR WITH RESPECT TO CON! QUALITY, CAPACITY, DESIGN, OPERATION, ABSENCE OF ANY LATE EFECTS OR ANY OTHER WARRANTY OR REPRESENTATION WHATSOE WITH RESPECT TO THE PROPERTY, ALL OF WHICH ARE EXPRESSLY WAIV. Y PURGHASER.





PURSUANT TO SECTION 51.0075(A) OF THE TEXAS PR ODE, SUBSTITUTE TRUSTEE RESERVES THE RIGHT TO SET FURTHER REA INDITIONS FOR CONDUCTING SUCH SALE CONTEMPLATED BY THIS NOTIC UCH FURTHER CONDITIONS SHALL BE ANNOUNCED BEFORE BIDDING I OR THE FIRST SALE OF THE DAY BY SUBSTITUTE TRUSTEE. -2- TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2025-5940 FILED 8/11/2025 11:30:27 AM













OF THE ARMED FORCES OF VING ON ACTIVE MILITARY A MEMBER OF THE TEXAS ANOTHER STATE OR AS A ID FORCES OF THE UNITED TIVE DUTY MILITARY SERVICE ASSERT AND PROTECT YOUR RIGHTS AS A, THE UNITED STATES. IF YOU OR YOUR SPO DUTY, INCLUDING ACTIVE MILITARY D NATIONAL GUARD OR THE NATIONAL MEMBER OF A RESERVE COMPONENT OF. STATES, PLEASE SEND WRITTEN NOTICE TO THE HOLDER IMMEDIATELY. THIS INSTRUMENT APPOINTS THE E TRUSTEE(S) IDENTIFIED BELOW TO SELL THE PROPERTY DESCRI THE SECURITY INSTRUMENT IDENTIFIED IN THIS NOTICE OF SALE THE P. ON SIGNING THIS NOTICE IS THE ATTORNEY OR AUTHORIZED. AGENT OF THE MORTGAGEE OR MORTGAGE SERVICER. Tl [SIGNATURE PAGE FOLLOWS] ) 4 S C) © U TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2025-5940 FILED 8/11/2025 11:30:27 AM : In accordance with Section 51.0076 of the Texas Property Code, the undersigned attorney for the ortgage servicer has named and appointed, and by these presents does name and appoint the lowing attorneys at law as Substitute Trustee to act under and by virtue of said Deed of Trust: AMANDA COTTRELL “KELLY VAZHAPPILLY ALEXANDRIA AMERINE GRACE MILLER SSA BAIRD URYN VIGIL ON COWAN EXECUTED EFFECTIVE AUGUST 11, 2025.

PI
Sheppard, Mullin, Richter & ‘on [gk,P 2200 Ross Avenue, 20" Flo Dallas, Texas 75201 t oC % % 4 4 4. TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2025-5940 FILED 8/11/2025 11:30:27 AM




EXHIBIT A LEGAL DESCRIPTION
BEING A TRACT OF LAND CONTAINING 21.0779 ACRES, LOCATED IN THE S.C. HIROMS SURVEY, ABSTRACT 33, IN HARRIS COUNTY, TEXAS; SAID 21.0779 TRACT BEING ALL OF A CALLED 10.5119 ACRE TRACT (TRACT II} AS RECORDED IN THE NAME OF HUBLI LIMITED PARTNERSHIP IN HARRIS COUNTY CLERK'S FILE NUMBER (H.C.C.P, NO.) ¥162900; SAID 21.0779 ACRE TRACT BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS (SLL BEARINGS REFERENCED TO THE DESCRIPTIONS OF SAID TRACTS I, H AND HI AS RECORDED IN H.C.CF, NO. ¥162900 AND THE NORTHWEST RIGHT-OF-WAY LINE OF UVALDE ROAD BEING SOUTH 36 DEGREES 55 MINUTES 45 SECONDS WEST): BEGINNING AT A 5/8 INCH IRON ROD FOUND AT THE WEST CORNER OF SAID TRACT I AND THE NORTH CORNER OF A CALLED 3.1153 ACRB TRACT OF LAND RECORDED IN THE NAME OF HIP OF THE NATIONS, INC. IN H.C.C.F. NO, 20092100479 ON THE SOUTHEAST LINE OF A 130 & CITY OF HOUSTON FRESH WATER CANAL AS RECORDED IN VOLUME 1294, PAGE 192 COUNTY DIED RECORDS (H.C.D.R.) FROM WHICH A 1/2 INCH IRON ROD FOUND ON -OF-WAY (R.0.W.) LINE OF WOODFOREST BOULEVARD (100 FEET WIDE) 57 MINUTES 00 SECONDS WEST, A DISTANCE OF 953.00 FEET; ES 00 SECONDS EAST, WITH THE NORTHWEST LINES OF SAID LINE OF SAID 130 FRET WIDE CANAL, A DISTANCE OF NER OF SAID TRACT Il AND THE WEST CORNER OF VOLUME 176, PAGE 98 OF THE HARRIS COUNTY 1 FOUND BEARS SOUTH 53 DEGREES 39




LUA ‘ 1696.50 FEET TO A POINT, ‘HE, CASTILIAN VILLAGE, A si MAP RECORDS, FROM SAID PO! MINUTES WEST, A‘DISTANCE OF 0. THENCE SOUTH 53 DEGREES 03 MINUTES 00



ORTHEAST LINE OF SALD TRACT I A CALLED 23,960 SQUARE FEET THENCE WITH THE LINES COMMON TO SAID TRACT I, SAID 0.3978 ACRE TRACT, A 15,000 SQUARE FOOT TRACT OF LAND RECORDED IN THE NAME OF NORTHSHORE HOSPITAL IN HARRIS COUNTY CLERKS FILE NO. D161045 THE FOLLOWING TWO (2) COURS J. SOUTH 36 DEGREES 55 MINUTES 45 SECONDS WEST, A DISTANCE OF 215.55 FEBT TO A POINT, FROM WHICH A 5/8 INCH ERON FOUND BEARS 72 DEGREES 08 MINUTES WEST, A DISTANCE OF 0.28 FEET AT THE WEST CORNER OF SAID 15,000 SQUARE FOOT TRACT; 2, SOUTH $3 DEGREES 04 MINUTES 15 SECONDS EAST, A DISTANCE OF 150,00 FEET TO A 578 INCH IRON ROD FOUND: AT THE MOST EASTERLY CORNER OF SAID TRACT Hf AND THE SOUTH CORNER OF SAID 15,000 SQUARE FEET TRACT ON THE NORTHWEST RIGHT OF WAY LINE OF UVALDE ROAD (100 FEET WIDE PER VOLUME 2061, PAGE 243, OF THE HCD.R): THENCE SOUTH 36 DEGREES 55 MINUTES 45 SECONDS WEST, WITH THE SOUTHEAST LINE OF SAID _ TRACT H AND SAID TRACT Ill, RESPECTIVELY, AND WITH THE NORTHWEST RIGHT-OF-WAY LINE OF SAID UVALDE ROAD, 4 DISTANCE OF 973.45 FEBT TO A 5/8 INCH CAPPED TRON ROD STAMPED EXHIBIT A



TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FRCL-2025-5940 FILED 8/11/2025 11:30:27 AM







































“SOUTH TEXAS SURVEYING" SET FOR THE SOUTH CORNER OF 5, CORNER OF A CALLED 0.551 ACRE TRACT OF LAND RECORDED IN CHRISTIAN JEN AND SHELDON OF THE SO KAM GEE IN H.C.CP, NO, H36- THENCE WITH THE LINES COMMON TO SAID TRACT IIE, SAID AND A CALLED 0.546 ACRE TRACT OF LAND RECORDED IN aa. INC. IN HARRIS COUNTY CLERK'S FILE NO. 1. NORTH 53 DEGREES 04 MINUTES 15 SECONDS WEST, A DI FROM WHICH A 58 INCH IRON ROD FOUND BEARS NO! DISTANCE OF 0,57 FEBT AT THE NORTH CORNER OF S: NORTHERLY EAST CORNER OF SAID TRACT 1; 2. SOUTH 36 DEGREES 53 MINUTES 45 SECONDS WEST,.A DIST, FROM WHICH A 5/8 INCH CAPPED IRON ROD FOUND B! A DISTANCE OF 0.31 FEET AT AN ANGLE POINT; SAID 0.551 ACRE TRACT OF CHURCH'S FRIED LLOWING FOUR (4) ( 99.99 FEET TO A POINT, 57 MINUTES WEST, A CRE TRACT AT THE MOST OF 220.00 FEET TO A POINT, TH 25 DEGREES 30 MINUTES EAST, 3, SOUTH 08 DEGREES 04 MINUTES 15 SECONDS BAST, A DI FROM WHICH A 5/8 INCH IRON ROD FOUND B: DISTANCE OF 0,43 FEET AT AN ANGLE POINT; CE OF 28.28 FEET TO A POINT, DEGREES 41 MINUTES WEST, A 4, SOUTH 53 DEGREES 64 MINUTES 15 SECONDS. “ANCE OF 180.00 FEET TO A 5/8 INCH CAPPED IRON ROD STAMPED “SOUTH TEXAS ET AT THE SOUTH CORNER OF SAID 0.546 ACRE TRACT ON THE NORTHWEST RIGHT, INE OF SAID UVALDE ROAD; T, WITH A LINE COMMON TO SAID SAID UVALDE ROAD, A. DISTANCE OF TRACT OF LAND RECORDED IN THE NAM PAPPAS EN H.C.C.F. NO. R865637; THENCE, WITH THE LINES COMMON SAID CT 1 AND SAID 0.6203 ACRE TRACT THE FOLLOWING THREE (3) COURSES: 1, NORTH 53 DEGREES 04 MINUTES i T, A DISTANCE OF 180.00 FEET TO A S/8 INCH CAPPED IRON ROD STAMPED "SOUTH NING* SET AT AN ANGLE POINT; 2, SOUTH 81 DEGREES 55 Mi) WEST, A DISTANCE OF 28,28 FEET TO A 5/8 INCH CAPPED INCH IRON STAMPED TEXA VEYING" SET FOR AN ANGLE POINT; 3. SOUTH 36 DEGREES 55 MINUTES 45 SECONDS WEST, A DISTANCE OF 129,80 FEET TO A POINT, FROM WHICH A FENCE POST FOUND BEARS NORTH 23 FEET 42, MINUTES, A DISTANCE OF 0.47 FEET FOR MOST SOUTHERLY EAST CORNER OF SAID TRACT 1 AND THE WEST CORNER OF SAID 6.6203 ACRE TRACT ON THE NORTHEAST LINE OF A CALLED 0.8433 ACRE TRACT OF LAND RECORDED IN THE NAME OF PEDRO VILLALPANDO IN HARRIS COUNTY CLERK'S FILE NO. W7333 18; THENCE NORTH 60 DEG! 32 M 02 SECONDS WEST, WITH THE LINE COMMON TO SAID TRACT 1, SAID 0.8433 ACRE SAID 3.1153 ACRE TRACT, A DISTANCE OF 424.16 FEET TO THE POINT OF BEGINI ‘AINING 21.0779 ACRES (918,157 SQUARE FEET) OF LAND, MORE OR LESS. : EXHIBIT A Uo NY

Property Details
Property ID:0402670010048
Owner Name:CDE GRAHAM 446 SPE LLC
County:Harris County
Year Built:1976
Living Area:545,421 sq ft
Bedrooms:
Status:
active
Images Available:No
Coordinates:29.76393,-95.173121
Pricing Information

Appraised Value

$36,211,651

Default Amount

$37,880,250

Potential Savings: -$1,668,599

Auction Information

Auction Date

September 2, 2025 1:00 PM

Foreclosure Type

mortgage

Owner Information

Current Owner

CDE GRAHAM 446 SPE LLC

Location & County Info

Coordinates

29.76393,-95.173121

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