Former State Carlos Uresti’s Helotes mansion heading for foreclosure months after hitting the market
Felon and former state Sen. Carlos Uresti’s Helotes estate is heading for the foreclosure auction block.
The 8,100-square-foot estate, featuring six bedrooms and six full bathrooms, has been posted for the Feb. 5 foreclosure auction by a mortgage servicer for lender Security Service Federal Credit Union, records show. The property has been listed for $1.5 million.
The property is slated to be sold outside the Bexar County Courthouse.
The longtime Democrat and his wife, Lleanna, had the house built in 2013 — long before his 2017 indictment on charges that he was involved in a Ponzi scheme that defrauded investors in a now-defunct oil-field services company called FourWinds Logistics.
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A federal jury last February found Uresti, 55, guilty on 11 felony charges. A judge later sentenced Uresti to 12 years in prison and ordered him to pay $6.3 million in restitution to victims of the fraud.
The property was posted for foreclosure on Jan. 14. San Antonio attorney Marty LaCouture, the trustee overseeing the sale, couldn’t immediately be reached for comment.
Visit Express-News.com to read more about Uresti’s struggle to sell his assets.
Patrick Danner is a San Antonio-based staff writer covering banking and civil courts. Read him on our free site, mySA.com, and on our subscriber site, ExpressNews.com. | firstname.lastname@example.org | Twitter: @AlamoPD