J Ghoreishi Management Faces Harris Trustee Sale Over $285,000 Loan

J Ghoreishi Management, the recorded owner of 12300 Hodges Street in Houston, is headed to a Harris County trustee’s sale on Nov. 3, 2026, over a loan the company put on the property for just $285,000 in 2024. Harris County’s own appraisal district now values that same property at roughly $3.0 million, a gap the sale notice itself never mentions.

Why it matters

Texas has no foreclosure lawsuit. The Notice of Trustee’s Sale filed with the Harris County Clerk is the entire public record of this default, and under state law it carries only the original loan amount, never a sale price or a current value. Read alone, the notice says a $285,000 debt is heading to auction and stops there. Pulled against the Harris County Appraisal District’s account for the same parcel, the picture changes: the collateral behind that loan is valued ten times higher than the balance that triggered the sale. For a buyer or broker watching the Nov. 3 sale, that gap is the story: a small debt is putting a multifamily asset appraised at about $3.0 million in front of the courthouse auction. The clerk’s office filed the identical notice twice the same week, same case, same amount; that is one default event, not two.

The numbers

The deed of trust behind the sale, Harris County instrument RP-2024-253201, recorded a $285,000 loan in 2024 against 12300 Hodges Street, Houston, TX 77085. The Notice of Trustee’s Sale was filed Oct. 12, 2026, setting the auction for Nov. 3, 2026, between 10 a.m. and 4 p.m. CT at the Harris County courthouse, per the state’s first-Tuesday rule for non-judicial foreclosure. Separately, the Harris County Appraisal District lists the same parcel, account 1206630010001, at an appraised value of $3,001,998 for 2026, classified as a multifamily property under state class B1. No document ties that $3.0 million figure to the sale itself; it comes from the county’s independent appraisal roll, not the trustee’s notice.

What’s next

Absent a payoff or a postponement, the property goes to auction Nov. 3, 2026, where the lender can credit-bid up to the debt owed and take title, a low bar against a $3.0 million appraised asset. The Harris County Clerk’s e-filing system is the record to watch for a rescission or a substitute trustee’s deed after the sale date. See more Houston coverage at the Houston markets page.