Texas: Cowboys Dancehall Set to Be Sold at Foreclosure Auction
Cowboys Dancehall, the popular bar and country music venue on the Northeast Side, will be put up for sale at a foreclosure auction next month.
Cowboys Far West Ltd., the Arlington-based partnership that owns the venue, has defaulted on payments for the 16.6-acre property at the crossing of Loop 410 and Interstate 35, according to foreclosure listing service RexReport.com and a notice posted on the county’s website. The property is set to be offered at a public auction on July 5 at the Bexar County Courthouse.
A representative of Cowboys didn’t immediately respond to a request for comment on Tuesday morning.
The property, which Cowboys Far West has owned since 2003, was assessed at more than $5.3 million this year by the Bexar Appraisal District. The owner has borrowed a total of $7.5 million on the property through two deeds of trust in 2007 and 2008, according to county property records.