Wanna Steal A Condo? T.O.’s Foreclosed Azure Unit Just Went on the Market For Peanuts: Dallas Real Estate News

Published March 24, 2012 by Candy Evans

I feel like this blog should be sponsored by Southwest Airlines today. Look at this babydoll, or rather what many say was supposed to be the “Baby Mama’s” pad: a one bedroom unit on the third floor of the Azure, 2900 McKinnon unit 307 fresh on the market for… are you sitting down, checkbook in hand? $254,000. No kidding. No wait: $254,900. God, what is $900? One bottle of good wine?

Poor Terrell Owens. His luxurious, 3559 square foot Azure condo upstairs with six parking garages sold at a short sale last November for about $1.4, if you will recall, or at least that’s where I called it.  Looks like a couple named Monsour bought in in early December, and the unit, which T.O. once was asking $2.25 for, is now on the books at $1.425 million. (I called it!) On 307,  Owens was delinquent on a $360,000 loan serviced by JPMorgan Chase. It’s 881 square feet and is currently on the DCAD books for $286,000,  last I looked. Which means, folks, this is a helluva deal. I am out of town right now or I’d be down there with my checkbook!

 

— Daily Local Real Estate Dish By Dallas Real Estate Insider — Candy Evans at CandysDirt.com