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3941 FM 521

Fresno, TX 77545
active
ID: R78784
3941 FM 521
active
Property image 2
Legal Description

MAGNOLIA PLACE, Lot 2, ACRES 2.0331, Magnolia Place Tract 621 Replat No 1

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Property Overview
0

Bedrooms

Bathrooms

0

Sq Ft

0

Year Built

Foreclosure Description

NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON,
YOU MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING
INFORMATION FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN
REAL PROPERTY BEFORE IT IS FILED FOR RECORD IN THE PUBLIC
RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE
NUMBER.
NOTICE OF SUBSTITUTE TRUSTEE'S SALE
T.S. No.: 2250826098
DATE: October 7, 2025
NOTE: Promissory Note described as follows:
Date: 5/2/2024
Debtor(s): Wadley Properties, LLC, a Texas limited liability
Original Creditor:
Original Principal Amount:
Current Holder: company
Socotra Opportunity REIT I LLC, a Delaware
Limited Liability Company
$486,756.00
Socotra Opportunity REIT I LLC, a Delaware
Limited Liability Company
DEED OF TRUST: Deed of Trust described as follows:
Date; 5/2/2024
Grantor:
Trustee:
Current Beneficiary:
Recorded: Wadley Properties, LLC, a Texas limited liability
company
Tolesoaz Corp. d/b/a Total Lender Solutions
Socotra Opportunity REIT I LLC, a Delaware
Limited Liability Company
5/16/2024, In Instrument No.: 2024046269, In the
County of Fort Bend, State of Texas
LENDER: Socotra Opportunity REIT I LLC, a Delaware Limited Liability Company
BORROWER: Wadley Properties, LLC, a Texas limited liability company
PROPERTY: The real property described as follows:
Lot Two(2), MAGNOLIA PLACE TRACT 621 REPLAT NO. 1, a subdivision in
Fort Bend County, Texas, according to the map or plat thereof recorded under
Plat Number 20210007 of the Plat Records of Fort Bend County, Texas.
3941 FM 521 Road, Fresno, TX 77545
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N SUBSTITUTE TRUSTEE: TOLESOAZ Corp dba Total Lender Solutions, an AZ Corp,
Randy S. Newman and Abstracts/Trustees Of Texas, LLC :
Substitute Trustee's Mailing Address: One West Deer Valley Rd., Ste 103, Phoenix, Arizona
85027,Phone: 623-581-3262
DATE AND TIME OF SUBSTITUTE TRUSTEE'S SALE OF PROPERTY:
,1114/2025, the first Tuesday of the month, to commence at 1:00 PM (or within 3 hours
after).
PLACE OF SUBSTITUTE TRUSTEE'S SALE OF PROPERTY:
At the Fort Bend County Building, 301 Jackson Street, Richmond, Texas, first floor meeting
room, or if the preceding area is no longer the designated area, at the area most recently
designated by the County Commissioner's Court.
RECITALS
Default has occurred in the payment of the Note and/or in the performance of the obligations
under the Deed of Trust that secures the Note. Because of this default, Lender, the owner and
holder of the Note and the Deed of Trust lien under Texas Property Code Section 51.002, has
requested that Substitute Trustee sell the Property according to the tenns of the Deed of Trust
and applicable law.
-Formal notice is now given of Lender's election to proceed against and sell the real property
described in the Deed of Trust, consistent with Lender's rights and remedies under the Deed of
Trust and applicable law.
Therefore, notice is given that on the Date and Time of Substitute Trustee's Sale of Property
and at the Place of Substitute Trustee's Sale of Property, I, as Substitute Trustee, or any other
substitute trustee Lender may appoint, will sell the Property by public sale to the highest bidder
for cash or acceptable certified funds, according to the Deed of Trust and applicable law. The
sale and conveyance of the Property will be subject to all matters of record applicable to the
Prope1ty that are superior to the Deed of Trust and to any permitted exceptions to title described
in the Deed of Trust. Substitute Trustee has not made and will not make any covenants,
representations, or warranties about the Property other than providing the successful bidder at
the sale with a deed to the Property containing any warranties of title required by the Deed of
Trust. The Property will be sold AS IS, WHERE IS, AND WITH ALL FAULTS.
Page 2 of3 • ..
ASSERT AND PROTECT YOUR RIGHTS AS A MEMBER OF THE .ARM:ED FORCES OF
THE UNITED STATES. IF YOU ARE OR YOUR SPOUSE IS SERVING ON ACTNE
MILITARY DUTY, INCLUDING ACTIVE MILITARY DUTY AS A MEMBER OF THE
TEXAS NATIONAL GUARD OR THE NATIONAL GUARD OF ANOTHER STATE ORAS
A MEMBER OF A RESERVE COMPONENT OF THE ARMED FORCES OF THE UNITED
STATES, PLEASE SEND WRITTEN NOTICE OF THE ACTIVE DUTY MILITARY
SERVICE TO THE SENDER OF THIS NOTICE IMMEDIATELY.
Notice of Sale executed by:
s~711du ~~
TOLESOAZ Corp dba Total Lender Solutions, an AZ Corp, Randy S. Newman and
Abstracts/Trustees Of Texas, LLC, Trustee
Page 3 of3

Property Details
Property ID:R78784
Owner Name:Wadley Properties LLC Etal
County:FortBend County
Year Built:0
Living Area:0 sq ft
Bedrooms:0
Status:
active
Images Available:Yes
Coordinates:29.5293306,-95.4518587
Pricing Information

Appraised Value

$915,094

Default Amount

$486,756

Potential Savings: $428,338

Auction Information

Auction Date

November 4, 2025 1:00 PM

Foreclosure Type

mortgage

Owner Information

Current Owner

Wadley Properties LLC Etal

Location & County Info

Coordinates

29.5293306,-95.4518587

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