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5300 W GULF BANK RD 426

HOUSTON, TX 77088
active
ID: 1143570010003
No image available
active
Legal Description

RES A BLK 1 INWOOD ESTATES

;
Property Overview

Bedrooms

Bathrooms

333,558

Sq Ft

1981

Year Built

Foreclosure Description

FRCL-2025-4659 FILED 6/23/2025 9:41:14 AM
TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS STATE OF TEXAS : = KNOW ALL MEN COUNTY OF HARRIS : BY THESE PRESENTS NOTICE OF SUBSTITUTE FORECLOSURE SALE enemy JUNE 23, 2025 ASSERT AND PROTECT YOUR RIGHTS AS A MEMBER OF THE ARMED FORCES OF THE UNITED STATES. IF YOU ARE OR YOUR SERVING ON ACTIVE MILITARY DUTY, INCLUDING ACTIVE MILITARY DUTY A ER 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 MILIT. ERVICE TO THE SENDER OF THIS NOTICE IMMEDIATELY. 1. Property. The property to be sold is described as. follows {collectively, the "Property"): certain: real ’ property (and interests therein) located in, Harris County, Texas, as more specifically described - in Exhibit "A" attached hereto and incor in for all purposes, and other property (as described in Exhibit "A" attached hereto) 2. Deed of Trust. The instrument to be foreclosed is that eed of Trust (Third-Party Pledge), executed -by TX NUEVA 2021 LLC, a Texas limited ility company ("Grantor"), dated as of January 9, 2023, to Daniel W. Brooks, Trustee, for of SOUTHSTATE BANK, N.A. (successor in interest to INDEPENDENT BANK) ("Lender"), and recorded under County Clerk's File No. RP- 2023-9949 of-the Official Real Property Records of Real Property of Harris County, Texas (the "Deed of Trust"), which Deed. of Trust secures certain indebtedness described therein, including, but not limited to, that certain Promissory Note in the original principal amount of
$31,561,000.00 dated January 9, 2023, executed by LA PLAZA 2022 LLC, a Texas limited . liability company ("Borrower") and pay. e order of Lender (the "Note"). 3. Foreclosure Sale. . , permitted by the Texas Property Code and the est bidder for cash. The sale is scheduled to.


The Property will be sold at a foreclos Texas Business and Commerce Code’ be held at the following date, time, and’ Date: Tuesday, August 5, “"O 4922-8610-2350.1
FRCL-2025-4659 FILED 6/23/2025 9:41:14 AM TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS __ Deed of Trust, Len be sold: in AS_IS Time: The sale will begin no earlier than 10:00 a.m. (Central Standard: Time)'6r no - -.fater-than three hours thereafter. The sale will be completed by n 4:00 p.m. (Central Standard Time). Place: The Bayou City Event Center Pavilion located at 9401 Knig ouston, Texas. 77045, ‘per Order of Commissioners Court recorded r County




Clerk's File-No. RP-2020-223824, as designated. by thé s Court of Harris County, Texas, or, if the preceding. area is né designated area, the area most recently designated by the Con i rt of Harris County. 4. Trustee and Substitute Trustee. Daniel W. Brooks is named as the original Trustee under the Deed st. By Appointment .of Substitute Trustee. dated June 20, 2025, Lender has appointed each of Carolina Cuppetilli, Anna Virene, and. Shanna ‘Davar as a Substitute Trustee under the Deed of Trust, said appointment being in a manner authorized by the Deed of Trust. Notice is given that before the sale Lender miay appoint another person as su e to conduct the sale, and any of the foregoing substitute trustees may; acting alone; r the Deed of Trust pursuant to the terms thereof. . ‘ , nn























5. __ Event of Default, : Events of default have occurred. The received-payment in full of the N ; requested that a Substitute Tr Property to satisfy. the Note and the other Indebtedness (as defined in the - - 6. Terms of Sale. The sale will be condu entirety or in parc, ion, without any express or implied warranties, ‘except as to the ( r, if any, provided for under the Deed of Trust: Lender may enter he In ebtedness. cerning the sale ‘may be directed to Anna. Virene, a Substitute Trustee, at ation listed below. * : 4922-86 10-2350.1
accelerated: and is immediately due and | - payable. As of the date of this Notice*of itute Trustee's. Foreclosure Sale, Lender has not FRCL-2025-4659 FILED 6/23/2025 9:41:14 AM TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS
THE STATE OF TEXAS § § COUNTY OF HARRIS § ANGELA M WATTS NOTARY PUBLIC E STATE OF TEXAS E MY COMM. EXP. 11/03/28 NOTARY ID 11914921








DIV KZ \, uppetilli, Anna Virene, or Shanna Davar z 1300 Sui Housto s 77056 Phone:(71 86-7181 This instrument was sont pe on this the ApMaay of June, 2025, by Anna Virene, Partner at Gray Reed & McGraw LLP, if her capacity as a Substitute Trustee. Boulevard

nd for the State of Texas TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS FILED 6/23/2025 9:41:14 AM

FRCL-2025-4659
Exhibit "A" Property All of that real property described more particularly below, together with all of Grantor's interest in buildings and other improvements thereon and hereafter placed thereon, and all fixtures, apparatus, utility capacity and rights, now or hereafter installed or used on the above- described property or the improvements thereon, including, but not limited to, all heating, lighting, refrigeration, plumbing, ventilating, incinerating, water-heating, cooking and air-conditioning equipment, fixtures and appurtenances, trees, landscaping and shrubbery, and all renewals, replacements and substitutions thereof and additions thereto, all of which said property and fixtures shall be deemed to be a part of and affixed to the below-described real property; all rents, revenues, income and profits arising from any part of the below-described and the use thereof, including all rents, revenues, bonus money, royalties, rights and acCiuing.to Grantor under all present and future oil, gas aid mineral leases on any part -described property; and all the estate, right, title and interest of every nature of th rantor in to all of the foregoing and every part and parcel thereof, d singular the privileges, hereditaments and appurtenances thereunto. pr F ‘eieamediately following page(s)] together wit [egal description of r 4922-86 10-2350.1
FRCL-2025-4659 FILED 6/23/2025 9:41:14 AM TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS yf a a Ey, A LEGAL meseneoN Tract Ik: _ A TRACT OF LAND CONTAINING 3. 9020 ACRES OF LAND, MORE OR Less, BEING.ALL OF.INWOOD GREENS, SECTION ONE, A SUBDIVISION IN HARRIS COUNTY; TEXAS, ACCORDING TO THE MAP.OR. PLAT THEREOF, RECORDED IN ACLUME 295, PAGE.2, MAP RECORDS OF HARRIS COUNTY, TEXAS. Tract I: A TRACT OF LAND CONTAINING 6.354 ACRES OF LAND, MORE OR Less BEING ALL OF THE REPLAT. OF INWOOD GREENTS, SECTION TWO, A SUBDIVISION IN HARRIS COUNTY, TEXAS, ACCORDING TO THE MAP OR PLAT THEREOF, RECORDED IN VOLUME'338. PAGE 139, MAP RECORDS OF HARRIS COUNTY, TEXAS, AND A 32 SQUARE FEET TRACT OF LAND OF INWOOD GREENS, SECTION THREE, RECORDED IN VOLUME 306, PAGE 100, MAP RECORDS ‘OF HARRIS COUNTY, TEXAS, AND DESCRIBED IN HARI COUNTY CLERK'S FILE NO. K725856, SAVE AND EXCEPT AN 8 SQUARE FOOT TRACT OF LAND
4 RECORDED IN HARRIS COUNTY CLERK'S FILE NO. K725856.
Tract Ill: 7.8957 ACRES (RECORD) 7. 5957 ‘AGRES (MEASURED) OF LAND (330,871 SQUARE FEET) Al ING ALL OF THAT TRACT OF LAND DESCRIBED IN A DEED-RECORDED IN HARRIS COU! 'SFILE . NUMBER K725856 AND BEING PART OF INWOOD GREENS, SEGTION Ill, AS RECO! N VOLUME. 306





PAGE 100 OF THE HARRIS COUNTY MAP RECORDS A\ ‘AR RECORDED IN VOLUME.299. PAGE 26 OF THE HARRI F INWOOD GREENS, SECTION || AS RECORDS AND BEING PART OF LWIME 286, PAGE 32 OF THE AN SURVEY; ASSTRACT NUMBER DESCRIBED BY METES AND BOUNDS :










THE SOUTHWEST CORNER OF SAID INWOOD GREENS, | RNER OF INWOOD GREENS, SECTION Il AS RECORDED IN RIS COUNTY MAP RECORDS, FROM SAID POINT A 5/8 INCH IRON : ING NORTH 18 DEGREES. 19 MINUTES 08 SECONDS WEST, 4.12 FEET. AND A 1/2 D WAS FOUND BEARING SOUTH 44 DEGREES 20 MINUTES 52 SECONDS WEST, 1.61 ORTH 00 DEGREES 01 MINUTES 17 SECONDS EAST, ALONG THE COMMON WESTERLY LINE. SAID INWOOD GREENS, SECTION III AND EASTERLY LINE OF SAID INWOOD GREENS, SECTION Il, A DISTANCE OF 86,00 FEET TO A3/8 INCH IRON ROD FOUND FOR CORNER, FROM SAID POINT A 5/8 INCH IRON ROD WAS FOUND BEARING NORTH 15 DEGREES 38 MINUTES-32 SECONDS WEST, 4.06 FEET AND A 1/2 INCH IRON. ROD WAS FOUND BEARING SOUTH 34 DEGREES 50 MINUTES 38 SECONDS WEST, 1.41 FEET; THENCE NORTH 89 DEGREES 58 MINUTES 43 SECONDS WEST, CONTINUING ALONG SAID COMMON LINE, A DISTANCE OF 77.00 FEET TO AN’"X" FOUND IN CONCRETE FOR CORNER, FROM SAID POINT A 4/2 INCH IRON ROD WAS FOUND BEARING NORTH 13 DEGREES 29 MINUTES 01 SECONDS WEST, 4.08 FEET AND AN "X" IN CONCRETE WAS FOUND BEARING. SOUTH 30 DEGREES .33 MINUTES 02 SECONDS WEST, 1.30 FEET; THENCE NORTH 61 DEGREES 23 MINUTES 21 SECONDS EAST, GONTINUING ALONG SAID COMMON LINE, A DISTANCE OF 181.27 FEET TO-A 3/8. INCH IRON ROD FOUND FOR CORNER, FROM SAID POINT A 5/8 INCH IRON ROD WAS FOUND BEARING NORTH 09 DEGREES 26 MINUTES 26 ‘SECONDS WEST, 4.02 FEET AND A 1/2 INCH IRON ROD WAS FOUND BEARING SOUTH.21 DEGREES 46 MINUTES 52 SECONDS WEST, 1.27 FEET; ; ; ” . - ry Mes ue A S454 Wi Gulf Bink : TX Nueva 1 of 2


FRCL-2025-4659 FILED 6/23/2025 9:41:14 AM TENESHIA HUDSPETH, COUNTY CLERK, HARRIS COUNTY, TEXAS Bons BEGINNING AND CONTAINING 7.5957 LEGAL DESCRIPTION (Continued) - " THENGE NORTH 87: DEGREES 49 MINUTES 25 SECONDS EAST, ALONG THE NORTH LINE OF SAID 5 FEET WIDE HARRIS COUNTY FLOOD CONTROL DISTRICT EASEMENT AND THE NORTH LINE OF SAID INWOOD GREENS, SECTION III, A DISTANCE OF 588.10 FEET TO A 3/8 INCH IRON ROD FOUND FOR THE. NORTHEAST CORNER OF.SAID INWOOD GREENS, SECTION II, FROM SAID POINT A 1/2NCH IRON ROD WAS FOUND BEARING SOUTH 64 DEGREES 15 MINUTES 20 SECONDS WEST, 5.05 FEET, A 5/8 INCH IRON ROD.WAS FOUND BEARING SOUTH 14 DEGREES 52 MINUTES 24 SECONDS WEST, 2.06 FEET, A 5/8 INCH IRON’ROD WAS FOUND BEARING NORTH 06 DEGREES 10 MINUTES. 05 SECONDS WEST, 3.00 FEET AND A 5/8 INCH IRON ROD WAS FOUND BEARING NORTH 02 DEGREES 18 MINUTES 05 SECONDS - : WEST, 4,69 FEET; THENCE SOUTH 02 DEGREES 37 MINUTES 48 SECONDS EAST, ALONG THE EAST LINE OF SAID" INWOOD GREENS, SECTION III, A DISTANCE OF 593.86 FEET TO A’5/8 INCH IRON ROD FOUND FOR THE SOUTHEAST CORNER OF SAID INWOOD GREENS, SECTION Ill, SAID POINT BEING IN THE NORTH. RIGHT-OF-WAY LINE OF WEST GULF BANK.ROAD, SAID LINE BEING.IN A CURVE TO THE RIGHT, FROM SAID POINT A 5/8.INCH IRON ROD WAS FOUND BEARING: SOUTH 55 DEGREES 54 MINUTES 58 SECONDS Ww a; 4.40 FEET,A 3/8 INCH IRON ROD WAS FOUND BEARING SOUTH 61 DEGREES 50 MINUTES.57 EST, 2.33 FEET AND A 5/8 INCH IRON’ ROD WAS FOUND BEARING SOUTH 29 DEGREES 39 SECONDS WEST, 2.32 FEET; RTHV TERLY ALONG THE NORTH RIGHT-OF-WAY LINE OF WEST GULF ‘BANK ROAD AND F SAID. GURVE TO THE RIGHT HAVING A RADIUS OF 1950,00 FEET, A CENTRAL ANGLE OF 11 DEGREES J S 40 SECONDS, A CHORD BEARING. AND. DISTANCE OF NORTH 87 DEGREES 04 _ MINUTES 0 INDS WEST, 3 EET, AND AN ARC LENGTH OF 378.72 FEET TO 5/8 INCH IRON ROD FOUND FOR THE-POINT OF Ti



NDS WEST, CONTINUING ALONG THE NORTH . TANCE OF 168.40 FEET TO THE POINT OF | — FEET) OF LAND, MORE OR LESS. . THENCE NORTH.81 DEGREES 30;MINU RIGHT-OF-WAY LINE OF WEST GULF
TX Nueva 2 of 2

Property Details
Property ID:1143570010003
Owner Name:TX NUEVA 2021 LLC
County:Harris County
Year Built:1981
Living Area:333,558 sq ft
Bedrooms:
Status:
active
Images Available:No
Coordinates:29.881487,-95.452619
Pricing Information

Appraised Value

$22,704,150

Default Amount

$31,561,000

Potential Savings: -$8,856,850

Auction Information

Auction Date

August 5, 2025

Foreclosure Type

mortgage

Owner Information

Current Owner

TX NUEVA 2021 LLC

Location & County Info

Coordinates

29.881487,-95.452619

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