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551 E UNIVERSITY DR

MCKINNEY, TX 75069
active
ID: 2809704
551 E UNIVERSITY DR
active
Property image 2
Legal Description

MCKINNEY CROSSING II ADDITION CMC, BLK A, LOT 3; REPLAT

;
Property Overview

Bedrooms

Bathrooms

0

Sq Ft

0

Year Built

Foreclosure Description

FILr: D rirrSEp -411: 01 NOTICE OFTRUSTEE' SSALE STACcYrEMKCOUNTYCLERKCOLLINCOUNTY,TEXAS SEPTEMBER 2,2025v•

OA DEED OFTRUST, SECURITY AGREEMENT, FIXTURE FILING, ANDASSIGNMENT OFLEASES ANDRENTS (" DeedofTrust'): Dated:


MARCH 27, 2025 Grantor:
380 & HWY5MCKINNEY, LLC, aWyoming limitedliability company Borrower: 380 & HWY5MCKINNEY, LLC, aWyoming limitedliability company Trustee:
TOLESOAZ CORP. d/b/aTOTAL LENDER SOLUTIONS Lender:

YIELDI, LLC,aGeorgia limitedliabilitycompany Recorded in:

COUNTY CLERK FILENUMBER 2025000040298 ofthereal propertyrecordsofCOLLIN COUNTY, TEXAS. LegalDescription:

Being Lot3,
inBlock A,
ofMCKINNEY CROSSING II ADDITION,
anaddition totheCityofMcKinney,
Collin County,Texas,according tothemaporplatthereofrecorded in Volume 2020, Page38,
Mapand/orPlatRecords ofCollin County,Texas; morecommonly knownas551E. University Drive, McKinney, Texas75069 Secures:

Promissory Note
(" Note")
intheoriginalprincipal amountof 787,000.00, executed byBorrower andpayabletoLenderandall otherindebtedness ofBorrower toLender Guaranty: TheNoteandallotherindebtedness ofBorrower toLender is guaranteed byaGuaranty Agreement datedMarch27, 2025, and executed byZachary ( Zach) Johnson andSamuel ( Sam) Bates Guarantors") infavorofLender FORECLOSURE SALE: Date:


Tuesday, October 7, 2025 Time:


ThesaleofthePropertywillbeheldbetweenthehoursof10:00 A.M. and4:00P.M.
localtime; theearliest timeatwhich the Foreclosure Salewillbeginis11:00AMandnotlaterthan threehoursthereafter. Place:


Attheplacedesignated bytheCollinCountyCommissioners Court forforeclosure saleslocatedatthefrontstepsoftheCollinCounty Courthouse locatedat2100Bloomdale Road, McKinney, Texas 75071. TermsofSale:
TheForeclosure Salewillbeconducted asapublicauctionandthe Property willbesoldtothehighestbidderforcash, exceptthat Yieldi, LLC, aGeorgialimitedliabilitycompany' sbidmaybeby creditagainsttheindebtedness securedbythelienoftheDeedof Trust. DefaulthasoccurredinthepaymentoftheNoteandintheperformance oftheobligations oftheDeedofTrust.
Becauseofthatdefault, Yieldi, LLC, aGeorgialimitedliabilitycompany, theownerandholderoftheNote, hasrequestedTrusteetoselltheProperty. TheDeedofTrustmayencumber bothrealandpersonalproperty. Formalnoticeishereby givenofYieldi, LLC, aGeorgialimitedliabilitycompany' selectiontoproceedagainstandsell boththerealpropertyandanypersonalpropertydescribedintheDeedofTrustinaccordance with Yieldi, LLC, aGeorgialimitedliabilitycompany' srightsandremedies undertheDeedofTrust andsection9.604(a) oftheTexasBusiness andCommerce Code. Therefore, noticeisgiventhatonandattheDate, Time,andPlacefortheForeclosure Sale described above, TrusteewillsellthePropertyinaccordance withtheTermsofSaledescribed above, theDeedofTrust, andapplicable Texaslaw. IfYieldi,LLC,aGeorgialimitedliabilitycompanypassestheForeclosure Sale,noticeof thedatebfanyrescheduled foreclosure salewillberepostedandrefiledinaccordance withthe postingandfilingrequirements oftheDeedofTrustandtheTexasPropertyCode. TheForeclosure Salewillbemadeexpressly subjecttoanytitlematterssetforthinthe DeedofTrust, butprospective biddersarereminded thatbylawtheForeclosure Salewill necessarily bemadesubjecttoallpriormattersofrecordaffectingtheProperty, ifany,totheextent thattheyremaininforceandeffectandhavenotbeensubordinated totheDeedofTrust.
Forthe avoidance ofdoubt, theForeclosure SalewillnotcoveranypartofthePropertythathasbeen releasedofpublicrecordfromthelienand/orsecurityinterestoftheDeedofTrustbyYieldi, LLC, aGeorgialimitedliabilitycompany. Prospective biddersarestronglyurgedtoexaminethe applicable propertyrecordstodetermine thenatureandextentofsuchmatters, ifany. Pursuanttosection51.009oftheTexasPropertyCode, thePropertywillbesold "ASIS," withoutanyexpressed orimpliedwarranties, exceptastothewarranties( ifany)providedforunder theDeedofTrust.
Prospective bidders areadvised toconduct anindependent investigation ofthe natureandphysicalcondition oftheProperty.Pursuanttosection51.0075(a) oftheTexasPropertyCode, Trusteereservestherightto setfurtherreasonable conditions forconducting theForeclosure Sale. Anysuchfurtherconditions shallbeannounced beforebiddingisopenedforthefirstsaleofthedayheldbyTrustee. Assertandprotectyourrightsasamember ofthearmedforcesofthe United States.
Ifyouareoryourspouseisservingonactivemilitaryduty, including activemilitarydutyasamemberoftheTexasNational Guardorthe National Guardofanother stateorasamember ofareserve component ofthe armedforcesoftheUnitedStates, pleasesendwrittennoticeoftheactiveduty military servicetothesenderofthisnoticeimmediately. THISINSTRUMENT APPOINTS THESUBSTITUTE TRUSTEE( S) IDENTIFIED TOSELL THE PROPERTY DESCRIBED INTHE SECURITY INSTRUMENT IDENTIFIED INTHISNOTICE OFSALE.
THEPERSON SIGNING THISNOTICE IS THEATTORNEY ORAUTHORIZED AGENT OFTHELENDER. CH SH. MANSOUR Attorney forYieldi, LLC 440LOUISIANA, STE. 1100 HOUSTON, TEXAS 77002 Telephone ( 713) 227-7500 charle.s(afidelity77. corn CA MANSOUR Substitute Trustee 440LOUISIANA, STE. 1100 HOUSTON, TEXAS 77002 Telephone ( 713) 227-7500 charles( drdelity77.corn

Property Details
Property ID:2809704
Owner Name:380 & HWY 5 MCKINNEY LLC
County:Collin County
Year Built:0
Living Area:0 sq ft
Bedrooms:
Status:
active
Images Available:Yes
Coordinates:33.210331,-96.6095003
Pricing Information

Appraised Value

$1,248,604

Default Amount

$787,000

Potential Savings: $461,604

Auction Information

Auction Date

October 7, 2025

Foreclosure Type

mortgage

Owner Information

Current Owner

380 & HWY 5 MCKINNEY LLC

Location & County Info

Coordinates

33.210331,-96.6095003

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