Fernwood Drive Investor Property Set for Nov. 3 Trustee Sale
The Third Ward-area parcel heads to auction under a notice that states the original loan amount, not a current payoff balance.
A property tied to Unil Investment LLC at 4231 Fernwood Drive, in Houston’s Third Ward area, is set for a Nov. 3, 2026 trustee’s sale, according to a Notice of Substitute Trustee’s Sale recorded with the Harris County Clerk on Oct. 1 under File Number FRCL-2026-7313. Texas has no foreclosure lawsuit; the posted notice itself is the primary record of a pending sale.
Why it matters
Harris County’s non-judicial foreclosure process moves fast once a default notice posts, typically weeks rather than months from recording to the courthouse-steps sale. The notice names the original $1.1M loan amount on the deed of trust, not a current outstanding balance, so the actual exposure at sale could be smaller if payments were made, or it could already include accrued interest and fees that push the credit bid higher. Either way, a posted sale on an investor-owned parcel this close to Third Ward’s ongoing redevelopment activity is a signal other investors and brokers watch for comparable land and assemblage opportunities nearby.
The numbers
The notice sets the sale for Nov. 3, 2026, Harris County’s next first-Tuesday auction date, with the original loan on the property recorded at $1.1M. A Texas Comptroller franchise-tax search for Unil Investment LLC returned no matching registration, so the entity’s registered agent could not be independently confirmed through that lookup as of this writing. The clerk’s notice remains the sale’s only confirmed primary record; no separate court filing exists because Texas forecloses outside the judicial system.
What’s next
Unless Unil Investment LLC cures the default or reaches a workout with the lender before Nov. 3, the property goes to a credit bid at the Harris County courthouse steps that day. A postponed or cancelled sale this close to the date would typically trace to a last-minute resolution with the lender, and this desk will check the clerk’s record afterward to confirm whether the sale proceeded, and for what price, against the $1.1M original loan.
On the record
Primary record
- Public recordThe recorded notice sets a Nov. 3, 2026 first-Tuesday sale date against the deed of trust's original $1.1 million loan amount on the Fernwood Drive parcelView the record on cclerk.hctx.net