Texas Estates Code - EST § 355.160. Unsuccessful Foreclosure;  Subsequent Application

If property that is the subject of a foreclosure sale authorized and conducted under this subchapter is not sold because no bid at the sale met the minimum price set by the court, the claim holder may file a subsequent application for foreclosure under Section 355.155(b)(3).  The court may eliminate or modify the minimum price requirement and grant permission for another foreclosure sale.