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508 SALISBURY DR

ANNA, TX 75409
active
ID: 2694615
508 SALISBURY DR
active
Property image 2
Property image 3
Legal Description

WEST CROSSING PHASE 3 CAN, BLK M, LOT 19

;
Property Overview
4

Bedrooms

2

Bathrooms

2,033

Sq Ft

2015

Year Built

Foreclosure Description

Notice ofSubstitute Trustee' sSale THISINSTRUMENT APPOINTS THESUBSTITUTE TRUSTEE HEREIN IDENTIFIED TOSELLTHEPROPERTY DESCRIBED INTHISNOTICE OFSALE. THEPERSON SIGNING THISNOTICE ISTHEATTORNEY ORAUTHORIZED AGENT OFTHE BENEFICIARY ANDLIENHOLDER DATE: August 8, 2025 VENDOR' SLIEN:
Vendor'sLienretainedinthefollowing described Warranty Deed: Date:
October 18, 2024 Grantor: JeremyReevesandRajaneReevesakaRajaneBeasley Grantee: Michael Barbee Recorded: onOctober24, 2024,underClerk'sInstrument No. 2024000131504, OfficialPublicRecords ofCollinCounty, Texas. ASSUMPTION:


DeedofTrusttoSecureAssumption, described asfollows: Date:
October 18, 2024 Grantor: Michael Barbee Beneficiary: JeremyReevesandRajaneReevesakaRejaneBeasley Original Principal Amount:
$ 427,121.00 Recorded: onOctober24, 2024,underCountyClerk'sDocument No. 2024000131507, OfficialPublicRecords ofCollinCounty, Texas. NOTE ANDDEED OFTRUST ASSUMED:


Cs) Promissory Notedescribed asfollows: Date:

June6, 2022 4r° Maker: JeremyReevesandRajaneBeasleyakaRajaneReeves Lender: American Financial Network, Inc.
c Original Principal Amount:
$ 427,121.00 71 DeedofTrustdescribed asfollows:

p Date: June6, 2022 Borrower:
JeremyReevesandRajaneBeasley Trustee:
AllanB. Polunsky Lender:
Mortgage Electronic Registration Systems, Inc., asnominee for American Financial Network Recorded:
onNovember 2, 2022, underInstrument No. 2022000160640, Official PublicRecords, CollinCounty, Texas. PROPERTY: Therealpropertydescribedasfollows: Lot19, BlockM, WestCrossingPhase 3, anAdditiontotheCityofAnna, CollinCounty, Texas, accordingtotheMap NOTICE OFSUBSTITUTE TRUSTEE' SSALE- PAGE 1orPlatthereof, recorded underClerk'sFileNo. 20130703010002070 ( Volume 2013, Page312)Platrecords, CollinCounty, Texas. DEFAULT:
Grantorisindefaultforfailingtomakepayments dueundertheAssumedNote, andfailingtoreimburse Beneficiary,
upondemand,
forsumsadvanced by Beneficiary tocureGrantor'sdefault. SUBSTITUTE TRUSTEE: Beneficiary hasappointed CharlesDenman, whoseaddressis13747Montfort Dr., Suite305, Dallas, TX75240, toforeclose theVendor'sLienretainedintheWarranty Deed andtheAssumption DeedofTrustsecuringtheProperty. DATEANDTIMEOFSUBSITUTE TRUSTEE' SSALEOFTHEPROPERTY: September 2, 2025, thefirstTuesdayofthemonth,tocommence noearlierthan 10a.m., orwithinthree (3)hoursofthattime. PLACE OFSUBSTITUTE TRUSTEE' SSALEOFTHEPROPERTY: ThefrontstepsoftheCollinCountyCourthouse locatedat2100Bloomdale Road, McKinney, TX75071; orasdesignated bytheCountyCommissioner' sOfficein CollinCounty, Teas ACTIVE MILITARY SERVICE NOTICE AssertandprotectyourrightsasamemberofthearmedforcesoftheUnitedStates. Ifyou are, oryourspouseis, servingonactivemilitaryduty, including activemilitarydutyasa member oftheTexasNational GuardortheNational Guardofanother state, orasa member ofthereservecomponent ofthearmedforcesoftheUnitedStates, pleasesend writtennoticeoftheactivedutymilitaryservicetothesenderofthisnoticeimmediately. THISINSTRUMENT APPOINTS THESUBSTITUTE TRUSTEE CHARLES DENMAN TOSELL THE PROPERTY DESCRIBED INTHE SECURITY INSTRUMENT IDENTIFIED INTHISNOTICE OFSALE. THEPERSON SIGNING THISNOTICE IS THEATTORNEY ORAUTHORIZED AGENT OFTHEBENEFICIARY UNDER THE DEEDOFTRUST TOSECURE ASSUMPTION. RECITALS DefaulthasoccurredinthepaymentoftheNoteand/orintheperformance ofthe obligations under theDeedofTrustthat secures yourassumption oftheNote.
Because ofthis default, Beneficiary, theoriginalobligoroftheNoteandtheDeedofTrustlienunderTexas PropertyCodeSection51.002, hasrequestedthatSubstitute TrusteesellthePropertyaccording NOTICE OFSUBSTITUTE TRUSTEE' SSALE- PAGE 2tothetermsoftheDeedofTrusttoSecureAssumption andapplicable law. TheDeedofTrusttoSecureAssumption mayencumber bothrealandpersonalproperty. FormalnoticeisnowgivenofBeneficiary' selectiontoproceedagainstandsellboththerealand anypersonalpropertyundertheDeedofTrustpursuanttoTexasPropertyCode51.002and TexasBusiness Commerce CodeSection 9.604(a). Therefore, noticeisgiventhatontheDateandTimeofSubstitute Trustee'sSaleofthe PropertyandatthePlaceofSubstitute Trustee'sSaleoftheProperty, Substitute Trusteewillsell thePropertybyPublicsaletothehighestbidderforcashoracceptable certifiedfunds, according totheDeedofTrusttoSecureAssumption andapplicable law.
Thesaleandconveyance ofthe Propertywillbesubjecttoallmattersofrecordapplicable tothePropertythataresuperiortothe DeedofTrusttoSecureAssumption andtoanypermitted exceptions totitledescribed inthe DeedofTrusttoSecure Assumption.
Substitute Trusteehasnotmade, andwillnotmake, any covenants,
representations orwarranties concerning theProperty otherthanproviding the successful bidderatthesalewithadeedtotheProperty, containing anywarranties oftitle requiredytheDeedofTrust.
ThePropertywillbesoldASIS, WHEREIS, ANDWITHALL FAULTS. WITNESS MYHAND this8thdayofAu!, iiis025. Charles M. Denman, Substitute Trustee AttorneyforBeneficiary SBOTNo. 05655565 AfterRecording returnto: Charles M. Denman 13747Montfort Dr., Suite305 Dallas, TX75240 NOTICE OFSUBSTITUTE TRUSTEE' SSALE- PAGE 3

Additional Information

4 Bed, 2 Bath, Estimated value: $382,352 Avg ($/sqft: 186, 4 Bed , 2 Bath) # listed: 49

Property Details
Property ID:2694615
Owner Name:REEVES JEREMY & RAJANE BEASLEY
County:Collin County
Year Built:2015
Living Area:2,033 sq ft
Bedrooms:4
Status:
active
Images Available:Yes
Coordinates:33.35423156745201,-96.55809982553497
Pricing Information

Appraised Value

$379,548

Default Amount

$427,121

Potential Savings: -$47,573

Auction Information

Auction Date

September 2, 2025

Foreclosure Type

mortgage

Owner Information

Current Owner

REEVES JEREMY & RAJANE BEASLEY

Location & County Info

Coordinates

33.35423156745201,-96.55809982553497

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